Fri.Sep 02, 2022

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4 Keys to an Impactful Global Growth Strategy

Retail TouchPoints

Global cross-border ecommerce sales reached nearly $3.2 trillion in 2021, according to Euromonitor International, which means international expansion has a value simply too good to overlook. However, experts note that in times of economic volatility and fast-changing consumer behaviors, brands need to think strategically about their path to global growth.

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Amazon offers sellers long-term inventory storage with new service

RetailDive

Amazon Warehousing & Distribution allows the company to capture more value from its fulfillment network, which has grappled with excess capacity this year.

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Reports: Chinese Ecommerce Player Pinduoduo Launches U.S. Site

Retail TouchPoints

Pinduoduo has made its most aggressive move yet into non-Chinese markets with the Sept. 1, 2022 launch of its Temu site, according to CNBC and other media reports. The site offers items across categories including apparel, jewelry, pet supplies and home and garden, many at bargain prices. Multiple women’s dresses are priced below $20 (some below $10 ) and only a few are above $50.

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Amazon hits major setback in bid to overturn Staten Island union vote

RetailDive

An official with the National Labor Relations Board recommended the company’s objection to the voting process be rejected and the union certified.

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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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How Small Brands Can Help Retailers Build Loyalty in a Time of Uncertainty

Retail TouchPoints

Retailers looking to attract and retain price-conscious shoppers during the current bout of inflation may want to consider stocking more small- and medium-sized brands. Competing on price presents several challenges to margins, but offering smaller and newer products can help retailers build an assortment on attributes such as sustainability and quality.

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30 Amazing Examples of Ecommerce Websites for 2022

eCommerce CEO

Website design plays a significant role in the success of online stores. Not only do potential customers make buying decisions based on the visual design. Read more.

More Trending

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NPS Analysis Step by Step – Your Handy Guide for Customer Feedback

Omniconvert

Check out this guide to NPS Analysis - discover how customer feedback and data can direct you towards improving the health of your business. The post NPS Analysis Step by Step – Your Handy Guide for Customer Feedback appeared first on Omniconvert Ecommerce Growth Blog.

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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

Operational efficiency in ecommerce has never been more important. Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. In tandem, the world’s focus on climate change and carbon neutrality has turned businesses’ attention to how they can raise their environmental credentials. A recent Europe Ecommerce report highlighted that 94% of Chinese, 76% of Europeans and 69% of Americans surveyed said they would boycott carbon negative companies.

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Lululemon Q2 revenue reaches $1.9B as high-income shoppers continue spending

RetailDive

The athletics apparel brand didn’t rely on markdowns during the quarter and will soon release a membership program, according to CEO Calvin McDonald.

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Athleta Enters Intimates as Category Slated to Reach $16.2B by 2026

Retail TouchPoints

The Gap Inc. Athleta activewear brand has added an intimates category with the debut of its Rituals collection. The brand is seeking to grow within a segment that has been forecasted to reach $16.2 billion in the U.S. by 2026, according to Euromonitor International. The collection, which will be available Sept. 20, 2022 on Athleta.com, is “designed by women, for women,” and features inclusive sizing, with products that use technical fabrics to provide breathability and wicking.

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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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The Weekly Closeout: Sam’s Club raises membership prices and the majority of Americans approve of labor unions

RetailDive

The warehouse club is hiking membership costs for the first time in a decade, and 71% of people in the U.S. now approve of the organizations.

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Execs from Aerie, Coach, Forever 21 to Demystify Gen Z at NYC Event

Retail TouchPoints

Gen Z had $360 billion in disposable income in 2021 and this demographic’s spending power is always growing. To capitalize on this new market opportunity, brands and retailers must understand what Gen Z consumers want and expect from the brand experience. The Retail Influencer Network , an exclusive group of senior business leaders and influential investors and analysts founded by Berns Communications Group, will gather in New York City Sept. 12, 2022, for the Retail Influencer CEO Forum Fea

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Dollar General makes additional leadership changes

RetailDive

A new chief strategy officer and appointments within its store operations division highlight the discount retailer’s latest round of updates.

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It’s More Than Just Emojis: Secure Your Communications

Forrester eCommerce

What’s within an employee chat? More than emojis. Employee communications via chat, voice calls, and videoconferencing can include customers’ personal information, insights about business operations, or other highly sensitive material. Consumer apps aren’t suited for such purposes. They lack enterprise controls for management and compliance, have privacy policies and terms of use that can change […].

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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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How To Get Into The Cannabis Industry As An Entrepreneur

Korona

The cannabis industry continues to gain momentum as more states legalize across the country. There are now 37 states with medical marjiuana programs and 19 with recreational. In turn, there have been hundreds of thousands of cannabis-related occupations added to the job market. These jobs range from trimmers and cultivators to delivery drivers and budtenders.

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B2B Buyers and Digital Selling (Part 2): Buyer Enablement, Buying Signals, and Sales Transformation

Forrester eCommerce

Sell something to a prospect, and you might earn a valuable commission. Help a prospect buy, and you might earn a valuable customer. This practice – helping prospects buy – is buyer enablement. And it requires a deeper understanding of purchasing preferences and the buying process itself. Particularly with self-service. In this area, B2B teams […].

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6 Express Edit stores to open in the next 90 days

RetailDive

The concept stores from Express are acquiring new shoppers and reactivating lapsed customers.

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Shifting Out of Survival Mode: A Call to Action for Long Term Planning

Digital Doughnut

My recent business trip to visit Australia felt like a milestone – after two years of virtual meetings and travel restrictions I was finally able to set foot in our Melbourne office and meet the team – and our customers – face to face.

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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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Uniqlo expects to have its best year ever in North America

RetailWire

Uniqlo is expecting to post its all-time best numbers in North America. The Japanese apparel retailer operates 43 stores in the U.S. and 16 in Canada. Daisuke Tsukagoshi, CEO of Uniqlo’s parent company in North America, Fast Retailing, said that the chain benefitted from starting over when the pandemic hit. “Our competitors offer discounts of 50 percent or 60 percent, but we have basically stopped that,” he said.

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Fresh Daily Jobs for Event Professionals

Canadian Special Events

September 1, 2022. Events Manager. High-Volume Restaurant & Bar, Toronto, ON. Apply here. Events Manager – Vancouver. Marine Drive Golf Club. Vancouver, BC. Apply here. Event Coordinator. Simon Fraser University, Burnaby, BC. $3,520–$3,989 per month. Apply here. Events Team. Calgary Sport and Social Club, Calgary, AB. Apply here. Executive Coordinator, Brand and Communication.

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Pinduoduo launches in U.S. with an eye on Amazon

RetailWire

Pinduoduo has launched Temu, a U.S. online shopping site, that sells items across product categories including apparel, home and garden, jewelry and pet supplies. The launch marks the Chinese e-commerce giant’s biggest push outside of the Asian nation. Temu is a cross-border site and alerts customers that delivery times (seven to 15 business days) may be slower than what American consumers are used to.

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Rules & Requirements For Selling Food & Drinks Online

Groove

In recent years, consumer comfort in ordering perishable goods has exponentially increased. As eCommerce becomes mainstream in this vertical, merchants have a unique opportunity to capitalize on increased demand. In this blog, we will be describing the rules and requirements that eCommerce merchants need to follow before sending their perishables items directly to their customers’ front doors.

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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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Starbucks names new CEO

RetailWire

Starbucks has named Laxman Narashim, most recently CEO of Reckitt, as its next chief executive officer. Mr. Narashim, whose previous experience includes roles at PepsiCo and McKinsey, will start Oct. 1 as incoming CEO and fully take over in April. He will work with Howard Schultz, Starbucks interim CEO, in the meantime.

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Jobless claims fall to two-month low

RetailWire

The number of Americans filing first-time unemployment insurance claims dropped 5,000 from the previous week to 232,000. That is the lowest level since 231,000 filed for unemployment the week ending June 25.

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U.S. labor market added 315,000 jobs in August

RetailWire

The U.S. labor market increased by an estimated 315,000 jobs in August, continuing a 20-month streak of gains that has seen the economy add more jobs than were lost during the pandemic. “I think the labor market still has gas left in the tank and clearly more than we expected a few months ago, but eventually it will have to fall back to earth,” said Daniel Zhao, lead economist at Glassdoor.

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Shopify tells merchants to steer clear of Amazon’s Buy with Prime

RetailWire

Shopify is notifying sellers on its platform that using Amazon.com’s Buy with Prime service is a violation of its terms of service. The service enables business users to offer the same benefits as Amazon Prime including free two-day shipping. Shopify has warned its platform users that using Amazon’s service could entail security risks. Amazon denies the assertion.

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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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NLRB upholds union victory at Amazon warehouse in Staten Island

RetailWire

Lisa Dunn, a hearing officer with the National Labor Relations Board, ruled that Amazon.com failed to provide adequate proof that a union election at a warehouse in Staten Island, NY, was inappropriately influenced by union organizers.

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Lululemon lifts its forecast as demand remains strong

RetailWire

Lululemon’s affluent customer base continued to spend big with the chain during the second quarter with net revenues up 29 percent year-over-year. The chain posted earnings per share of $2.20, topping Wall Street’s expectations of $1.87.