Mon.Sep 19, 2022

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Purple Shares Ascend Following Coliseum Capital Management Acquisition Bid

Retail TouchPoints

Purple Innovation has confirmed that investment firm Coliseum Capital Management made an unsolicited, non-binding proposal to acquire all outstanding capital stock of the digitally native mattress company for $4.35 per share on Sept. 17, 2022. The news of the acquisition bid sent shares of Purple soaring to approximately $3.85 when markets opened Sept. 19, 2022, up from $2.79 when markets closed on Sept. 16, 2022 — an increase of nearly 39%.

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How To Sell On eBay – The Ultimate Beginners Guide

My Wife Quit Her Job

Most people know eBay as a place to sell used items lying around the house. But over the years, eBay has evolved into a leading online marketplace where you can resell new products or even your own private label brands. eBay is so popular that more than 3 out of 10 mobile users in the US use the eBay app. This makes eBay the ideal platform for you to start your ecommerce business.

Mobile 227
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Sam’s Club Expands Retail Media Offering to Aid Product Discovery

Retail TouchPoints

Sam’s Club has partnered with ecommerce advertising solution Pacvue to help brands that advertise on the retailers’ site reach the right consumers at the right moment. The new partnership is facilitated through an API integration with the Sam’s Club Members Access Platform (MAP), where brands access and manage their ad campaigns. Launched in June 2022, Sam’s Club MAP offers agencies, ad tech platforms, suppliers and marketers an additive advertising experience with tools, experiences and o

Retail 259
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Why You Must Assess Experiences For Inclusion — And How 

Forrester eCommerce

You want to create inclusive experiences for your customers. You have a diverse and inclusive design team and practice inclusive design. But once you create the experiences you wanted, how do you know if you succeeded in making them truly inclusive?

Customer 195
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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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Good Food Holdings Opens Connected Store Powered by Smart Carts and Electronic Shelf Tags

Retail TouchPoints

Good Food Holdings and Instacart will open the first Instacart Platform-powered Connected Store at a Bristol Farms location in Irvine, Calif. The supermarket will utilize the Connected Stores experience to help shoppers move seamlessly between the retailer’s app, website and in-store experience. The Bristol Farms store will use Instacart’s Caper Cart technology, which enables smart carts equipped with scales, sensors, touchscreens and computer vision to power scanless technology that lets shoppe

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Three Things US And Canada Government Mobile Websites Need To Fix Now

Forrester eCommerce

When we set out to do a Digital Experience Review™ of US and Canada government websites, my colleagues and I started by checking to see which sites were most heavily used and how they’re accessed. I can’t rightly say when the balance tipped in favor of mobile access over desktop, but we’re here now — […].

Mobile 195

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423: A Controversial Way To Grow Your Email List Fast With Adam Robinson

My Wife Quit Her Job

I’m going to say this upfront. This episode may blow your mind. It’s about building an email list fast, but in a way that is slightly controversial. Your first reaction is probably gonna be “Oh my goodness, is this even legal? I would never do that.” But today, Adam Robinson is going to teach us the ins and outs of acquiring email addresses in this new and innovative way.

eCommerce 205
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Show Me The Value (Of Emerging Technology)

Forrester eCommerce

Learn which two of Forrester's top 10 emerging technologies can deliver value to your organization today.

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The billion dollar impact of order claim fraud

RetailDive

With the growth of online shopping, ecommerce retailers should be turning their attention to another type of fraud with potentially far greater impact on the bottom line.

eCommerce 103
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Retail Minded Works With The KENTUCKY RETAIL FEDERATION On Their INAUGURAL RETAIL RECHARGE CONFERENCE

RetailMinded

Lexington, Ky. – As the retail industry gears up for the 2022 holiday shopping season and looks ahead to another new year, the Kentucky Retail Federation (KRF) will host its inaugural Retail Recharge Conference presented by Yelp in Lexington on Tuesday, October 25, 2022. . The one-day conference will bring retailers and industry partners together for conversation, collaboration and learning.

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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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Instacart rolls out tech enhancements centered on in-store shopping

RetailDive

The company’s “Connected Stores” suite includes an updated smart cart, scan-and-pay program and electronic shelf labels that work together to digitize the shopping journey.

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Q&A with the Experts: Amazon Advertising Best Practices for the Holidays

ChannelAdvisor

The holidays are fast approaching and brands and retailers of all sizes are busy with preparations. To help sellers prepare for the season ahead, we decided to highlight some advice from our Managed Services experts in a Q&A blog series. . The ChannelAdvisor Managed Services team works with clients every day to provide strategy and execution in their e-commerce efforts — maximizing their presence on marketplaces and optimizing their digital marketing campaigns. .

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Top 11 Shopping Cart Abandonment Reasons for 2022 with Resolutions

Algopix

It’s already 2022. Still, cart abandonment remains a major problem among most eCommerce businesses. Per SaleCycle, the latest cart abandonment rate is 81.08%. The travel sector tops at 87.08% followed by the fashion industry (84.43%) and the retail sector (77.01%). Nothing is more frustrating than potential customers abandoning their carts. Why? You’re already one step to making successful sales and doubling your conversion rates.

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3 disruptive retail trends, and why retailers must adapt

RetailDive

The retail landscape is changing at an ever-increasing pace, enabling some retailers to gain competitive advantages.

Retail 106
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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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Q&A with the Experts: Amazon Advertising Best Practices for the Holidays

ChannelAdvisor

The holidays are fast approaching and brands and retailers of all sizes are busy with preparations. To help sellers prepare for the season ahead, we decided to highlight some advice from our Managed Services experts in a Q&A blog series. . The ChannelAdvisor Managed Services team works with clients every day to provide strategy and execution in their e-commerce efforts — maximizing their presence on marketplaces and optimizing their digital marketing campaigns. .

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Puma debuts shoes, tights made from recycled materials

RetailDive

The Re:Collection line is made with between 20% and 100% recycled materials and comes on the back of a biodegradable shoe launch earlier this year.

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Distribution And Warehousing 101: Is It Right For Your Small Business?

RetailMinded

As a small entrepreneur, you want to use strategies that will help your business grow and gain a competitive advantage in the market. And as you’re figuring out different ways to do that, one question that comes to mind is whether distribution and warehousing 101 are beneficial for your business. Here’s a brief discussion: Understanding Distribution and Warehousing 101.

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How Patagonia’s shakeup challenges marketers to act on sustainability

RetailDive

As the outdoor retailer makes good on its Earth-loving promise in an exceptional way, the bar for value-driven commitments has been elevated.

Outdoor 89
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From Data to Decisions: Maximizing Retail Potential with 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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How To Boost Your Online Retail Business With Video Marketing

RetailMinded

The retail sector is evolving continuously. The evolution is necessary to serve the increasing needs of modern consumers. However, retailers need to communicate the same to their target audience. Hence, they are actively using marketing to make the consumers aware of the new changes being implemented in the sector. Consumers have moved online. Hence, retail stores need to build an online presence.

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Walmart Canada turns to automated AI solution to curb out-of-stocks

RetailDive

Following a 70-store pilot, the retailer is rolling out Focal Systems’ computer vision cameras to scan shelves at predetermined intervals and alert workers to restock products.

Retail 77
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Lululemon founder pledges $76 million to protect British Columbia wilderness

RetailWire

Lululemon Athletics founder Chip Wilson and his wife, Summer, have pledged $75.8 million to acquire and protect wilderness space in Canada’s British Columbia. “Our vision for our family is providing components for people to live a longer, healthier, and more fun life. So it all kind of fits,” said Mr. Wilson.

Article 52
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For Peloton, 2022 has been a rough ride

RetailDive

The at-home gym company — along with its stock price — was riding on a high during the pandemic. Consumers brought it back to reality in 2022.

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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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Return to office rates are trending upward

RetailWire

Office use was at 47.5 percent for the five days between Sept. 8 and 14, according to Kastle Systems. That marks the highest percentage since the start of the novel coronavirus pandemic.

Article 52
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5 retail trends driving new imperatives in 2022

RetailDive

Oracle Retail's Mike Webster shares key trends and how to leverage the power of a retail platform.

Retail 98
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Shopify gives staff a choice between cash and equity as part of compensation plan

RetailWire

Shopify has introduced a new compensation plan that enables workers to restructure their awards between cash payments and equity. Around 91 percent of the company’s employees have already enrolled in the new plan. “An employee saving to buy a house can choose to take home more in cash. Someone planning for their children’s future can opt for more RSUs or options,” said Tia Silas, chief Human Resources officer at Shopify.

Shopify 52
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Purple receives takeover bid

RetailDive

Coliseum Capital Management offered to buy the remaining common stock for $4.35 a share, a roughly 56% premium from the brand’s Friday closing price.

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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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Instacart to focus on selling employee shares in its IPO

RetailWire

Instacart wants to use its initial public offering of stock to enrich its employees. The company will concentrate on selling shares owned by employees in an effort to retain its talent and recruit others.

Other 52
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Why Leveraging the Power of an SMM Agency is Imperative

Digital Doughnut

Have you ever wondered why your social media marketing posts don't reach the intended audience? Do you obsess over understanding Facebook and Instagram algorithms? Did you know that Twitter posts have a character limit? Or that the image size and resolution vary depending on the social media platform?

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Diner to pay $1.35 million for using wait staffs’ tips to pay bussers’ wages

RetailWire

The Empire Diner in Landsdowne, PA, was found to have taken its wait staff’s tips to pay the hourly wages for its bussers. The business must now pay $1.35 million in back wages and damages to more than 100 wait staff whose tips it misappropriated.

Article 40
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Apple’s BIMI Support = Time To Get Serious About DMARC Enforcement

Forrester eCommerce

Apple announced on September 12 that its email clients for iOS 16 and macOS will support a broad industry effort to combat brand spoofing and impersonation by implementing Brand Indicators for Message Identification — BIMI for short. This announcement further reinforces Apple’s commitment to security and privacy for its users and its earlier Lockdown Mode […].

B2C 39
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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