Fri.Nov 11, 2022

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Predictions 2023: Retail Health, Decentralized Trials, And Wellness Are On The Front Lines

Forrester eCommerce

To keep pace with sweeping changes, healthcare organizations must invest in transformation and their workforce talent, or risk their market foothold.

Retail 362
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Today’s New Warehouse: Automated Backend Operations to Improve Commerce

Retail TouchPoints

The ecommerce boom brought on by the COVID-19 pandemic has permanently changed the retail landscape. While people have been shopping online for decades, it’s important to recognize that warehouses, as we know them, are still operating and organized to replenish the stock in brick-and-mortar stores. Furthermore, warehouse workforces are staffed for store restocking and are being stretched beyond their capacity to meet the demands of ecommerce.

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Collaborative Supply Networks Can Resolve The Logistics Logjam

Forrester eCommerce

Road transportation is fragmented and wasteful Road freight accounts for 30% of the global logistics spend at about US$1.9 trillion per year. But road transportation is a highly fragmented industry. Most North American carriers operate fewer than 20 trucks, and companies with fewer than 50 employees generate more than 60% of European road freight market […].

Supplies 195
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Bed Bath & Beyond Continues to Rebuild C-Suite with Marketing Chief Appointment

Retail TouchPoints

Bed Bath & Beyond has appointed Bart Sichel as EVP, Chief Marketing and Customer Officer as the troubled retailer rebuilds its executive leadership following a number of departures in 2022, including former SVP of Marketing James Reath. Sichel will report to BB&B President and CEO Sue Gove, who recently secured the leadership role permanently following a period as the retailer’s interim chief executive.

Marketing 222
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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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Responding To Today’s Global Uncertainty With Smart Manufacturing

Forrester eCommerce

“If you want to get there, I wouldn’t start from here.” It’s easy to present beautiful visions of a digitally-augmented future, full of shiny new machines (all from the same manufacturer, of course), empowered workers, and AI magic. It’s easy, but it’s often a long way from the reality facing most manufacturers today.

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TikTok Taps Pro Sports for New Marketing Chief

Retail TouchPoints

Former NBA Chief Marketing Officer Kate Jhaveri has been named Global Head of Marketing at TikTok. Jhaveri will work closely with Sofia Hernandez, TikTok’s Head of Global Business Marketing, who focuses primarily on business and advertising solutions, according to a company spokesperson. The chief marketing position at TikTok has been vacant since the departure of Nick Tran in January 2022.

Marketing 220

More Trending

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Fatboy Furniture Debuts Snap AR Lens as First Step in Wider AR Push

Retail TouchPoints

Bean bag and furniture retailer Fatboy has launched a new AR SnapChat Lens as part of a larger push to introduce augmented-reality capabilities across its full product line. The new Snapchat Lens was developed by CGTrader and featured Fatboy’s latest line of outdoor furniture. The catalog-powered shopping Lens let Snapchatters “try out” furniture in their own settings and share those AR-enhanced pictures and videos with friends on the social platform.

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eCommerce Profit Margin: Calculate & Increase it through CLV

Omniconvert

Read on and discover what eCommerce Profit Margins means, how to calculate it, and how to increase it through the wonders of Customer Lifetime Value. . The post eCommerce Profit Margin: Calculate & Increase it through CLV appeared first on Omniconvert Ecommerce Growth Blog.

eCommerce 147
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Walgreens’ VillageMD Buys Summit Health in $8.9 Billion Deal

Retail TouchPoints

With investments from majority owner Walgreens Boots Alliance (WBA) and Cigna subsidiary Evernorth, VillageMD will acquire Summit Health-CityMD, a provider of primary, specialty and urgent care services. Following the $8.9 billion acquisition, which is expected to close in Q1 2023 subject to customary approvals, VillageMD and Summit Health will operate a total of 680 locations in 26 markets.

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24 best Wix apps for your store in 2023

Omnisend

Reading Time: 18 minutes. Wix is one of the most popular platforms for ecommerce businesses. It is a feature-rich platform with amazing SEO tools and hundreds of useful Wix apps. There are more than 200 million Wix users worldwide. The Wix App Market has more than 300 popular apps that can help you enhance your website. With Wix apps, you can transform your regular website into a super efficient and highly functional one.

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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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REI Founders Market Gave POC-Led Brands Valuable Feedback — and the Retailer Unique New Products

Retail TouchPoints

More retailers are acknowledging the importance of supporting brands with diverse owners. REI , known for its progressive stances, is building its own partnerships through Path Ahead Ventures , an accelerator program focused on startups owned by people of color. Path Ahead Ventures, which celebrated its first anniversary on Oct. 29, featured six companies from its Navigate program at a pop-up event in its Seattle flagship called the Founders Market.

Apparel 192
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How to optimize your sign-up forms using built-in reports

Omnisend

Reading Time: 6 minutes. Did you know that on average, only 3% of first-time visitors make a purchase? The other 97% leave—some come back, most are likely to forget about you. That’s why it’s important to add sign-up forms to your website. Sign-up forms can be used in various ways: pop-ups, banners, slide-in boxes, landing pages, and our interactive Wheel of Fortune.

Mobile 97
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WSJ: Amazon Mulls Closing Unprofitable Businesses, Stores in Cost-Cutting Measure

Retail TouchPoints

Amazon CEO Andy Jassy is reportedly spearheading a cost-cutting review of retail giant to pare down businesses that haven’t been profitable, people familiar with the matter told The Wall Street Journal. Additionally, Amazon has shut many of its physical stores aside from grocery, including bookshops and specialty stores, even though the retailer had a growth plan to nearly double its store footprint, according to people familiar with the plans.

Document 178
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Gap finally turns to Amazon to expand sales

RetailDive

Previous CEO Art Peck years ago advocated for partnering with the e-commerce giant, though some analysts frowned on the idea.

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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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What is FinTech and how does it impact the financial sector?

365 Retail

Financial Technology has carried a huge impact in the finance sector. . Whether you’re a private investor, a company director, or you’re simply curious about the world of financial technology, keep reading to find out everything you need to know about FinTech today. Fintech: What is it? Overall, FinTech refers to innovative technologies being used in finance. .

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The value of blending: Inside E.l.f’s post-cookie mobile strategy

RetailDive

As the holidays approach, the beauty retailer counts on a connected ecosystem and its 3 million loyalty members in pursuit of forever customers.

Mobile 79
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How Do Web Cookies Help In Increasing Your Ecommerce Sales?

Ecommerce Guru

Web cookies are such a great thing if you know ways to implement them! When you think of attracting a large number of customers to your site, web cookies are a great way to achieve it! Every ecommerce site you visit today pops a notification like ‘Accept/Decline cookies,’ right? No matter how many times you open the same site, it will always show that notification.

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Consumers spent $72B online in October: Adobe

RetailDive

Shoppers sought deals on electronics, toys and other items ahead of Black Friday and Cyber Monday.

Toys 96
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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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Pivotree Bags “Great Place to Work” Certification (Canada, 2022) in Multiple Categories

Pivotree Blog

Built on our core values, to adapt relentlessly, pursue value and stand for good, Pivotree is as much a “peoples” company as it is a “tech” company. Frictionless culture is just as relevant as frictionless commerce. While it’s something we’ve always believed in and stood for, it’s what our employees, our people, think that truly matters. So, when Pivotree approached Great Place to Work – Canada, it was all about hearing it from the horse’s mouth.

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American Dream cuts a deal with lenders to extend debt

RetailDive

The arrangement could give the massive mall in New Jersey more time after a tumultuous financial ride since opening.

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ERP Systems: Characteristics, Benefits & Types

Digital Doughnut

Accounting and procurement, project management, customer relationship management, risk management, compliance, and supply chain operations are tasks that enterprise resource planning software can automate and simplify across a company or organization.

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KFC Germany apologies for tone deaf Kristallnacht promo

RetailWire

Kristallnacht in Germany references when Nazi thugs attacked the homes of Jewish people as well as their businesses and synagogues. The name references the broken glass that was left everywhere as 91 Jewish people were killed and 30,000 men were sent to concentration camps. KFC in Germany marked the occasion on Wednesday by offering a chicken promotion.

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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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The Weekly Closeout: Big Lots fills out C-suite and At Home faces downgrade

RetailDive

Big Lots named marketing and merchandising chiefs, while Moody’s downgraded the home retailer’s corporate credit rating.

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Singles Day expected to generate more than $140 billion in sales

RetailWire

Alibaba and JD.com are expected to lead the pack of retailers running Singles Day sales promotions in China. The annual event is expected to generate $140.8 billion in revenues this year, up about five percent over 2021.

Events 52
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Skincare brand Topicals raises $10M in Series A financing

RetailDive

The direct-to-consumer company already has notable investments from Jay-Z co-founded Marcy Venture Partners, Kelly Rowland and more.

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Food-at-home prices appear to be moderating

RetailWire

The food-at-home Consumer Price Index for October showed a 12.4 percent increase, down from a 13 percent comparison in September and 13.5 percent difference in August.

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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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Vape manufacturer Juul lays off hundreds

RetailWire

Juul Labs has laid off 400 staff members as part of a plan to cut the vaping company’s operating budget between 30 and 40 percent. The company said it has obtained new financing to continue operating its business.

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Keurig Dr Pepper CEO resigns

RetailWire

Keurig Dr Pepper CEO CEO Ozan Dokmecioglu has resigned after violating the company’s code of conduct. Mr. Dokmecioglu, who was promoted less than four months ago after serving as Keurig Dr. Pepper’s CFO, will be replaced by Bob Gamgort, chairman and former CEO.

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Luxury brands see a slowdown coming

RetailWire

Consumers of luxury goods items have continued to spend, but some brands serving the market are beginning to see a slowdown in wholesale orders as inflation and other factors affect purchasing.

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Elon Musk appears to be making a mess of Twitter

RetailWire

Elon Musk has laid off thousands of Twitter employees and made comments that have caused advertisers to pull their ads from the social media site. Now, he’s warning employees that the company may not have the cash to survive. Mr. Musk bought the company last month for $44 billion.

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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