Thu.Sep 15, 2022

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Starbucks Rolls Out Savings and Student Loan Repayment Programs for Non-Union Employees

Retail TouchPoints

Starbucks has introduced a set of programs designed to support eligible associates in two critical areas of financial well-being: savings and student loan debt. The new benefits will launch on Sept. 19, 2022 to contribute to associates’ financial stability and help them manage their higher education debt, but reportedly they won’t be initially extended to unionized workers, according to Reuters.

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Use Innovations To Reshape B2B Cross-border Payment Experience

Forrester eCommerce

Businesses increasingly operate across borders; the rise of B2B e-commerce and online marketplaces is driving more cross-border transactions. But several factors complicate these payments: payment infrastructures vary by country; the landscape of regulations governing cross-border transactions is fragmented by geography; and providers are plagued by complex internal business processes and operations.

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‘Earth is Now Our Only Shareholder:’ Patagonia Founder Donates Company to Fighting Climate Change

Retail TouchPoints

Patagonia Founder Yvon Chouinard has transferred all ownership of the company to two new entities, the Patagonia Purpose Trust and the Holdfast Collective. The new structure will distribute every dollar not reinvested into the company as “dividends to protect the planet,” according to a press release. The Patagonia Purpose Trust now owns all the voting stock of the retailer, which totals 2% of all Patagonia stock.

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How To Launch a Private-Label Brand | Salsify

Salsify

In order to remain competitive in today’s commerce marketplace, more and more retailers are launching their own private-label brands. According to Salsify’s “ Consumer Research 2022 ” report, 97% of British shoppers, 97% of German shoppers, 95% of French shoppers, and 94% of U.S. shoppers buy private-label products in one or more categories.

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The Pragmatic Path to Composability: Adapting to the Future through Modularity

Speaker: Jason Cottrell

Brands used to look for a vendor who could do everything. Over time, one vendor was no longer enough to meet a brand’s needs, and they added, added and added. Now they need all their vendors to work well together. That’s composable, and only some will make the cut. As customers — and your board — expect you to be in new channels and to rapidly adapt to shifts in the market, the need for true composability is more crucial than ever before.

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What Can A Martech Upgrade Do For Your Brand?

Sailthru

Four criteria to evaluate your marketing technology’s strengths and vulnerabilities. Growing a business can be similar to remodeling an old home. A total renovation is ideal, but it’s either a bad time or too expensive. Maybe it’s a little of both. Just as no business is exactly like another, it can be hard to know how long you can go without a tech stack upgrade.

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Astound Commerce Appoints Will Linebarger as VP, Composable Commerce

365 Retail

Global digital commerce specialist Astound Commerce has appointed Will Linebarger to serve as its Vice President of Composable Commerce. Linebarger has more than twenty-five years’ experience across telecommunications, finance and digital commerce. Over the past six years, he has focused on developing cloud-based, composable commerce solutions, specialising in migration from monolith to MACH-based solutions.

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Tips For Making Your Website Rank Higher on Search Engine Results Pages

Digital Doughnut

In today's competitive world, website ranking is essential for any business. By ranking higher in search engine results pages (SERPs), you can attract more organic traffic and boost your bottom line. However, there are a few things you need to keep in mind when ranking higher in SERPs.

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The Challenges Of Running An Independent Retail Shop In 2022

365 Retail

Simply starting and running any type of business is a challenging endeavour. When it comes to running a high street retail store, there are several extra challenges added on top of this, which can make the process quite stressful. It’s not uncommon to see shops going out of business across the high street, including huge businesses that have been around for decades and brand-new businesses that haven’t even been there for a year yet.

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What Is The Work Opportunity Tax Credit

Korona

There are a number of provisions and programs that the government has implemented in an effort to alleviate occupational barriers for certain groups of Americans. These groups include wounded veterans, convicted felons, underserved rural communities, and more. One of such provisions is the Work Opportunity Tax Credit (WOTC). The WOTC offers subsidized incentives for businesses that hire qualifying American job seekers. .

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The impact of the Queen’s death on business and retail

365 Retail

Retailers and businesses across the UK are bracing themselves for a period of uncertainty following the death of Queen Elizabeth II. The long-term impact could be the demise of low-value coins, changes to the postal service and a shake-up of Royal Warrants. The financial impact of an unscheduled Bank Holiday for Queen Elizabeth’s State Funeral could also be significant, says the delivery expert ParcelHero.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Retail sales rebounded in August after July drop

RetailWire

U.S. retail sales were up 0.3 percent in August following a downwardly revised drop of 0.4 percent in July, according to the Commerce Department. Eight of 13 retail categories tracked by the government increased in August.

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What are the benefits of server-side tagging?

Funnel.io

The benefits of server-side tagging are many. You regain control of your data and what is shared with third-party marketing platforms. You improve the accuracy of your marketing reporting and data collection. And in the age of Google Analytics and SEO, you also improve your site's performance due to fewer scripts running on your website.

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California sues Amazon over alleged anti-competitive practices

RetailWire

California’s Attorney General Rob Bonta said that his office is suing Amazon.com for what it claims are anti-competitive practices directed at third-party sellers. The suit alleges that Amazon penalizes marketplace sellers that sell their goods on other sites at lower prices. “Amazon makes consumers think they are getting the lowest prices possible, when in fact, they cannot get the low prices that would prevail in a freely competitive market because Amazon has coerced and induced its thir

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Measuring The ROI Of Your Digital Investments

Forrester eCommerce

Traditional ROI models work poorly for transformative digital initiatives. Learn how to better measure the ROI of digital investments.

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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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Shein to open more distribution centers to meet U.S. demand

RetailWire

Shein is planning to build three large distribution centers in the U.S. to help speed deliveries to customers in three to four days. The privately-held fast-fashion site currently ships orders from China to more than 150 countries where it operates. Shein opened its first distribution center in Whitestown, IN, earlier this year.

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How To Accept Payments Using Google Pay?

Korona

Providing your shoppers with the option of Google Pay is a convenient way to increase sales and improve the customer experience. Not only do millions of people around the world use Google Pay, but it’s also a contactless payment method that has surged in popularity over the past few years. TechCrunch predicts that Google Pay will add 10.2 million customers between 2020 and 2025.

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President Biden announces tentative deal to avoid railway strike

RetailWire

The White House announced that a tentative agreement has been reached between rail companies and unions representing conductors and engineers. “Rail workers will get better pay, improved working conditions, and peace of mind around their health care costs: all hard-earned,” said President Biden.

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The Ultimate Guide to Order Management: Create a Connected Experience

Kibo

The Ultimate Guide to Order Management is now available for download. For many consumers, the pandemic accelerated the blending of online and offline shopping channels into a single shopping journey. For retailers and manufacturers, this omnichannel approach to commerce demonstrates the importance of seamless order management across all retail touchpoints.

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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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USDA providing nearly $2 billion in funding to support food banks and school meal programs

RetailWire

The U.S. Agriculture Department said it will provide around $2 billion to provide needed funds for food banks and school meal programs. Roughly $1.5 billion will go to food banks that have seen demand for their services increase since the beginning of the novel coronavirus pandemic. “In talking to food banks and pantries across the country, here’s what we hear,” said Agriculture Secretary Tom Vilsack.

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5 Programmatic Creative Strategies to Drive Your Brand’s Revenue Growth

ROI Revolution

Are you leveraging programmatic creative strategies to drive more conversions and revenue for your brand? Today’s digital advertising environment is oversaturated and highly competitive. It’s more important than ever to work smarter to ensure your ads are seen by the right consumers. One powerful solution is to leverage creative and impactful ad units supported by programmatic capabilities to reach highly targeted audiences.

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Fred Fanzia, the man behind ‘Two Buck Chuck’ has died

RetailWire

Bronco Wine Company has announced the death of Fred Fanzia, the man behind Trader Joe’s Charles Shaw (AKA “Two Buck Chuck”) and other value-priced wines. Mr. Franzia was once asked how his company’s wines could be sold for less than water. He replied, “They’re overcharging for the water — don’t you get it?

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H&M’s sales fell short of Wall Street’s expectations

RetailWire

H&M posted a sales increase of three percent during the third quarter, below the five percent gain expected by analysts. “The third quarter got off to a weak start, in common with the industry in many of the group’s major markets,” H&M, said.”Sales improved sequentially during the quarter, with a better start for the autumn collections than last year.

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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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Patagonia’s founder and family are donating company stock to fight climate change

RetailWire

Patagonia founder Yvon Chouinard, his spouse and two adult children are giving away their shares of the retailer, valued at around $3 billion, to the Patagonia Purpose Trust and the Holdfast Collective with a mission to combat climate change. Ryan Gellert will continue to serve as Patagonia’s CEO and the Chouinard family will remain on the company’s board.

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