Retail TouchPoints
AUGUST 3, 2022
Inflation reached 9.1% in June 2022, according to the U.S. Bureau of Labor Statistics Consumer Price Index (CPI), which is the highest rate in nearly 41 years. High inflation is weighing on shoppers’ budgets, with 62% expecting their living costs to increase even further over the next six months, according to data from Ernst & Young’s (EY) Future Consumer Index.
My Wife Quit Her Job
AUGUST 3, 2022
As the world’s largest online business-to-business trading platform, Alibaba has helped many businesses connect with suppliers and customers around the world. But it’s not the only option out there and there are many Alibaba alternatives. In fact, many Chinese suppliers can not be found on Alibaba and you’re severely limiting your options by relying on Alibaba for all of your product sourcing needs.
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Retail TouchPoints
AUGUST 3, 2022
Ulta Beauty has formally launched its venture capital fund Prisma Ventures , which will invest $20 million in emerging technology startups that seek to shape the future of online and in-store retail experiences. The digital innovation fund was first announced at the retailer’s Investor Day event in October 2021, and since then the fund has already made a number of investments in start-ups including Haut.ai , Adeptmind , Revea , LUUM and ReStyle.
Forrester eCommerce
AUGUST 3, 2022
Cloud carbon footprint calculation and optimization is a critical part of an organization’s overall sustainability strategy. Forrester’s technology sustainability framework highlights the importance of addressing cloud and technology architecture for reducing the overall scope 1, 2, and 3 emissions in any industry. I recently talked with the core leadership team at Thoughtworks that led the […].
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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.
Retail TouchPoints
AUGUST 3, 2022
Discount retailer Dollar Tree has been slapped with $1.2 million in fines by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for hazardous working conditions at two of its Family Dollar stores in Ohio. These OSHA safety violations are the latest of more than 300 infractions the agency has accused the company of committing since 2017 at Dollar Tree and Family Dollar stores across the country, following more than 500 investigations.
GetElastic
AUGUST 3, 2022
So many trends have led to the explosion in API-first companies. One of the biggest is the rise of end users as buyers, particularly software developers. OpenView Ventures aptly calls this trend the “ end user era.” In response, product-led growth (PLG) has emerged as a go-to-market (GTM) motion at these SaaS software companies, which in turn have become some of the largest companies in enterprise software.
Online Retail Today brings together the best content for online retail professionals from the widest variety of industry thought leaders.
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SheerID
AUGUST 3, 2022
Learn more about how your business can leverage zero-party data to improve customer retention.
Retail TouchPoints
AUGUST 3, 2022
The U.S. Consumer Product Safety Commission (CPSC) announced that The TJX Companies has agreed to pay a $13 million civil penalty for selling, offering for sale and distributing previously recalled consumer products. TJX also has agreed to maintain a compliance program to ensure that it meets the obligations of the law and this settlement going forward.
Liveintent
AUGUST 3, 2022
Before 2020, direct-to-consumer (D2C) brands were booming, disrupting traditional retail markets with targeted, direct-to-consumer digital tactics. Unfortunately, some of the very same tactics that enabled D2C success are hindering scale and growth, namely performance marketing. If you’re a performance or growth marketer, you might think this is a wild claim.
Retail TouchPoints
AUGUST 3, 2022
Tiffany & Co. will launch a collection of 250 non-fungible tokens (NFTs) on Aug. 5, 2022 that can be redeemed for a physical pendant called an NFTiff. Each NFTiff is designed to look like its NFT counterpart and costs 30 ETH , or more than $49,000 as of June 3, and buyers are limited to three each. The NFTs used for NFTiffs will come from the CryptoPunks collection, which contains 10,000 designs.
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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.
FastSpring
AUGUST 3, 2022
According to the International Monetary Fund, the global economy is expected to slow by nearly 3 percentage points this year from 6.1 to 3.2, and decrease again in 2023. Inflation rates are expected to remain high. There are several things you can do to prepare your go-to-market teams for changes in your prospects’ and customers’ buying behaviors and priorities.
RetailDive
AUGUST 3, 2022
The retail giant said it’s evolving and while it is cutting some roles it will also create new ones in other areas.
SheerID
AUGUST 3, 2022
If you need to verify students, there’s a lot more to it than simply collecting university email addresses.
RetailDive
AUGUST 3, 2022
Twenty-three people were let go last week after the footwear brand, facing rising costs, evaluated roles and processes to prep for its next phase of growth.
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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.
365 Retail
AUGUST 3, 2022
Student Beans , the student loyalty network, today announces a new brand in its audience verification technology: Beans iD. The newly-launched tech will enable brands to provide securely gated discounts and incentives to verified members of six key in-demand consumer groups: Students (through Student Beans). Graduates (through Grad Beans). Healthcare professionals.
RetailDive
AUGUST 3, 2022
The e-commerce giant estimates 40% of its capital investments this year will go toward warehouses and transportation capacity, down from 55% in 2021.
BigCommerce
AUGUST 3, 2022
This year’s Make it Big conference is bigger and better than ever, with more speakers, more formats and even more…
RetailDive
AUGUST 3, 2022
After reaching or eclipsing the billion-dollar mark, these companies have tumbled back to earth — or disappeared.
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.
365 Retail
AUGUST 3, 2022
While 2022 started with the pandemic primarily behind us, new challenges have emerged that again challenge retail buyers of consumer-packaged goods. Supply chain issues were the focus of Q2, along with the emergence of inflationary pressures. Health and healthier food categories sit beside convenience foods on the most searched lists in Q2, along with an unsurprising second quarter of top searches for pet food, CBD, and the seasonal re-emergence of sun protection and cooling.
RetailDive
AUGUST 3, 2022
OSHA has proposed $330,446 in penalties against the company following the employee’s death in Florida.
365 Retail
AUGUST 3, 2022
New data from Barclaycard Payments on the ‘subscription economy’ sheds light on how demand for sign-up products and services is evolving following growth during the pandemic – and the impact on consumer spending as the cost-of-living takes its toll*. The third annual study from Barclaycard Payments – which processes £1 in every £3 spent on credit and debit cards in the UK – found two thirds (67 per cent) of Brits remain signed up to at least one digital or direct-to-door service and many see the
RetailDive
AUGUST 3, 2022
As it prepares for a tough quarter and year, the retailer added a handful of API partners to expand Walmart Connect's self-service capabilities.
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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.
RetailMinded
AUGUST 3, 2022
If you have a startup, There’s a very good chance that you will need financing of some kind, unless you are very lucky. There are several options out there, and you will need to decide which ones are most appropriate for your business. You could get financing for equipment or inventory, or you could get a merchant cash advance, for example. In terms of straight financial loans, you could get a loan through the small business administration of the federal government, or you could get a loan from
RetailDive
AUGUST 3, 2022
The beauty retailer is focused on investing in augmented and virtual reality, the metaverse and technology-powered custom beauty services.
Korona
AUGUST 3, 2022
As eCommerce grows rapidly, so do customer expectations. In a short time, the eCommerce website has gone from being an optional add-on to the central element of any retail system. . Bridging the gap between offline and online shopping has emerged as one of the first steps to omnichannel success. With this new environment, separating your existing physical store from your eCommerce site no longer makes sense. .
RetailDive
AUGUST 3, 2022
European countries are driving mobile checkout adoption, but the U.S. is catching up, the report suggests.
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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.
RetailWire
AUGUST 3, 2022
CVS reported an eight percent gain in same-store sales, well above the 0.3 percent decline that Wall Street analysts were expecting. The drugstore giant, which raised its earnings forecast for the year, saw pharmacy same-store sales improve 7.6 percent and front-of-store comps jump nine percent.
RetailDive
AUGUST 3, 2022
CEO David Simon told analysts that volatility in retail is “just the way of the world” and downplayed the REIT’s investment in the industry.
IntelligenceNode
AUGUST 3, 2022
We are starting a new series on the practical applications of data science in retail called, "Digital Commerce Data Mining". The first article in the series is 'Data Acquisition in Retail. The post Digital Commerce Data Mining – Data Acquisition in Retail appeared first on Blog.
Digital Doughnut
AUGUST 3, 2022
In 2021, the global software application development market size was valued at 429.59 billion. Custom software application development is one of the fastest-growing areas in software development.
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
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