Fri.Oct 28, 2022

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Amazon Shares Fall Due to Weak Holiday Outlook, Overall Tech Stock Malaise

Retail TouchPoints

Economic uncertainty is proving to be a hindrance to even the largest retailers. Amazon has posted projected growth ranging from 2% to 8% for Q4 2022, and the disappointing numbers caused its share price to drop more than 10% as of the morning of Oct. 28. The ecommerce giant’s modest outlook added to the general downturn other tech titans like Meta and Microsoft are experiencing, though Apple ’s outlook was a bit cheerier.

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Google’s Delay Is No Excuse: Prepare For Cookie Deprecation’s Impact On Paid Search

Forrester eCommerce

In July, Google delayed the death of third-party cookies … again. This delay gave marketers a false sense of security, despite other browsers blocking third-party cookies, Apple letting users opt out of IDFAs, and privacy bills mandating the use of cookie consent banners. Often, marketers focus on data deprecation’s impacts on paid social and programmatic […].

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Walmart’s New In-Store Netflix Hubs Aim to Create Modern-Day Blockbuster Experience

Retail TouchPoints

At the start of the holiday season last year, Walmart launched an online Netflix storefront featuring exclusive products and experiences from the streamer’s most popular franchises. Now, Walmart is bringing the digital Netflix Hub to more than 2,400 real-world locations. The new dedicated store section will feature music, apparel, collectibles, games and seasonal items from top shows and films, including Stranger Things , Squid Game , The Witcher , Guillermo del Toro’s Pinocchio and Glass Onion:

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Peloton CEO Barry McCarthy offered $168M for the job

RetailDive

Including $167 million in vested stock options, the executive’s pay is 2,299 times the median salary of the company’s employees.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Amazon Launches Luxury Accessories Resale with WGACA Partnership

Retail TouchPoints

Amazon has expanded its luxury presence by partnering with What Goes Around Comes Around , the trusted reseller of authenticated high-end vintage. Through the partnership, a dedicated WGACA section showcasing vintage luxury accessories and bags is featured on Amazon’s site. The move is an expansion of Amazon’s Luxury Stores experience, which the ecommerce giant introduced in 2020, and reflects the continued momentum of luxury resale.

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Amazon CEO Andy Jassy’s comments on unions run afoul of labor laws, federal agency says

RetailDive

The e-commerce giant defended his assertion, that joining a union would disadvantage employees, as a lawful explanation of the company’s views.

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More Trending

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Bed Bath & Beyond files to sell more stock

RetailDive

Following the sale of 12 million shares earlier this year, the struggling retailer filed paperwork to sell an additional $150 million worth of shares.

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Best-Selling Halloween Candy & Chocolate in 2022

Algopix

Halloween is the perfect time to indulge in your sweet tooth! Whether you’re looking for something to hand out to trick-or-treaters, or just want to stock up on your favorite sweets for the season, there are plenty of delicious options to choose from. However, if you’re a seller, you’re probably wondering what kinds of candy and chocolate will be popular in 2022.

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Customer Micro-Segmentation: Benefits, Ideas, Strategies.

Omniconvert

See how to turn your customer data into a strategic asset that will generate a better approach to marketing, loyalty, and customer care. . The post Customer Micro-Segmentation: Benefits, Ideas, Strategies. appeared first on Omniconvert Ecommerce Growth Blog.

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Best-Selling Halloween Costumes in 2022

Algopix

This year, Halloween is all about being creative and having fun. So, don’t be surprised to see a wide range of interesting costumes. In general, the most popular costumes are those of superheroes, movie characters, and TV show characters. However, more and more people are opting for more comfortable Halloween looks, like themed pajamas or onesies.

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The Future of Multi-Vendor Commerce

In this on-demand webinar, discover how Logicbroker’s cutting-edge technology enhances the overall experience for both current and future customers and gain insights into how leveraging our seamless integration process unlocks new dimensions of efficiency and functionality. Plus, learn how our advanced marketplace features are set to revolutionize the way businesses operate, offering opportunities for growth and success within your multi-vendor commerce program.

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Amazon warns that profits could vanish in Q4

RetailDive

The e-commerce giant may be shifting to a more cautious approach in order to maintain profitable growth.

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5 Best-Selling Halloween Decorations in 2022

Algopix

Halloween is just around the corner, which means is a great time to stock up on decorations for your store. People love to dress up and celebrate however they can, so stocking up on Halloween-themed goods is a great idea. Moreover, Halloween is also predicted to be an indicator of spending habits for Black Friday and Christmas. This year’s spending is forecasted to be high, so stocking up on popular Halloween decorations is a great way to make some extra money.

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Nearly half of retailers are converting cash registers to self-checkouts: report

RetailDive

Retailers are investing more in technology as consumers seek faster checkout options, a Zebra Technologies report found.

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Shein moves closer to becoming the world’s top fast-fashion retailer

RetailWire

Shein’s global sales are forecast to reach $24 billion this year, moving the Singapore-based company past H&M and closer to Zara as the top-selling fast-fashion retailer.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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UPS and FedEx rate increases are coming. Here’s how shippers can prepare.

RetailDive

Experts note that shipping rates are negotiable, but how amenable the delivery giants will be to concessions is up for debate.

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Yogacharya Krishna Prakash, Who Turned His Life Around With Yoga

Ecommerce Guru

Krishna Prakash is a Yogacharya from Bengaluru who is passionate about the Indic Knowledge System. He has mastered the art of yoga and is determined to train others in practice. With his skills, expertise, and knowledge, he has started to train the masses in his own yoga studio on the outskirts of Bengaluru. He wishes to promote yoga as a lifestyle via “Srimath Yoga.” Not just yoga, they offer life coaching, leadership, meditation, and other […].

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The Weekly Closeout: Petco partners with Nationwide for pet insurance and Shopify plans on becoming profitable

RetailDive

The pet retailer will begin offering plans starting next year, and the e-commerce company had a second-quarter revenue increase of 22%.

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New NYC law requires employers to post salary ranges in help wanted ads

RetailWire

A new law in New York City will require companies with four or more employees to post salary ranges for jobs they are looking to fill, including those that are 100 percent remote or involve a hybrid schedule. New York is among a growing number of places in the U.S. that require salary transparency. Colorado has a law on the books and California and Washington will put theirs into effect next year.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Fanatics hires chief people officer

RetailDive

The sports retailer tapped the veteran human resources executive to enhance its diversity and inclusion efforts.

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Hobby Lobby founder is giving his company away

RetailWire

Hobby Lobby founder David Green wrote in an op-ed that he plans to give his company away. “As an owner, there are certain rights and responsibilities, including the right to sell the company and keep the profits for yourself and your family,” he wrote. “As our company grew, that idea began to bother me more and more. Well-meaning attorneys and accountants advised me to simply pass ownership down to my children and grandchildren.

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You Should Know About NFTs and Public Relations

Digital Doughnut

Non-fungible tokens, or NFTs, have taken the world by storm for the past year or so. Independent artists and creators are getting on board the ship, as well as international brands like McDonald's, Louis Vuitton, Adidas, Mac, and more.

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Home Depot’s nine-foot-plus werewolf is the scream dream of Halloween 2022

RetailWire

Home Depot’s 12-foot tall skeleton popped up on lawns all across the country before Halloween 2021. This year, Americans are making room for a 9.5-foot tall animatronic werewolf that has glowing eyes and lets out a howl.

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The B2B Digital Commerce Playbook for Manufacturers

In this comprehensive guide, we delve into four essential ecommerce strategies for manufacturers. Each strategy is backed by a clear vision to ensure your efforts are aligned. Whether you’re a seasoned industry player or a budding digitalization champion, these strategies offer actionable insights to drive success. What will you find in the guide: Overview of how current events and external pressures impact business priorities.

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Jamf in the News: Recapping the highlights

Jamf on Retail

Read all about it – check out recent Jamf in the news highlights, including features on enterprise security, Apple growth and innovation and much more!

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Climate change is decimating popular seafood species

RetailWire

Fishing regulators and fishermen are coming face-to-face with the possibility that several important seafood species may have been pushed to the point of no return due to climate change. Species including Alaskan snow crabs, Chinook salmon, flounder, Northern shrimp, red king crabs and soft-shell crabs are at risk.

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Kibo Spins Off Personalization Business Unit as Monetate

Kibo

It’s an exciting day here at Kibo, and I’m pleased to share the big news. Today, Kibo announced that we have sold our Personalization business unit, formerly known as Monetate and Certona, to Centre Lane Partners. This new personalization-focused business that we have spun off from Kibo will now be known as Monetate. While Kibo and Monetate will be two separate companies moving forward, with a focus on commerce and personalization respectively, we are excited to continue partnering and working t

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Bed Bath & Beyond may have suffered a data breach

RetailWire

Bed Bath & Beyond said it is following up on a possible data breach that may have happened as a result of a phishing scam. The retailer said it was reviewing data to determine if any important corporate or customer information had been compromised. Bed Bath & Beyond doesn’t think sensitive data was accessed.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Delivering on Delivery: Holiday Season Tips and Tricks from a Roadie Exec

Retail TouchPoints

The term “supply chain” has officially entered the mainstream vernacular thanks to the disruption of the last couple of years. Yet despite (or perhaps because of) all the recent snarls in the long-haul supply chain, a host of new services have popped up offering consumers faster delivery than ever before. Valerie Metzker, Head of Partnerships, Roadie.

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Restaurants cut operating hours

RetailWire

Fifty-nine percent of restaurants have shorter operating hours now than they did in October 2019, according to a new report from Dataessential. Restaurants have cut their weekly operating hours by an average of 7.5 percent to 6.4 hours on average.

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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System? Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human reso

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The ‘American Dream’ appears out of reach for today’s kids

RetailWire

A new Gallup poll finds that only 42 percent of U.S. adults believe that kids today will do better economically than their parents. That’s a drop of 18 percent since June 2019. “Americans have as little optimism as they have had at any time in nearly three decades about young people’s chances of having greater material success in life than their parents,” said Gallup in a statement.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib