Tue.Mar 08, 2022

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5 Top Reasons Ecommerce Carts Are Abandoned and How to Give Shoppers Checkout Confidence

BigCommerce

If there’s one silver lining about living in an era of wild uncertainty, it’s the surge in digital innovations, including…

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Babylist Blends URL and IRL Engagement with Virtual Showroom

Retail TouchPoints

Whether they’re shopping for clothes, toys, books, furniture or electronics, consumers shopping for baby items can easily be overwhelmed by the volume of information available — especially online. For more than a decade, Babylist has helped make researching, registering and buying items more seamless, thanks largely to its robust content strategy. Now, as its users rely more on digital channels and content to make buying decisions, Babylist is reaching a new frontier of engagement with its Cribs

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The Top 8 Shopify Competitors To Consider For Your Small Business

My Wife Quit Her Job

Even though Shopify is widely regarded as a top ecommerce platform and a leader in the space, they do not control the majority of the market. In fact, there are many Shopify competitors that have significantly more users and Shopify barely cracks the top 5 in terms of worldwide popularity. According to Statista, here are the top Shopify competitors worldwide.

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Open Charging Networks for Electric Vehicles Present New Opportunities for Retailers

Retail TouchPoints

Each day, more electric vehicles (EVs) are hitting the road as consumers and commercial drivers look to reap the potential long-term financial and environmental benefits of the technology. Oftentimes, one of the key factors in the decision to purchase an EV is how convenient it will be to charge these vehicles. Whereas drivers of gasoline-powered cars can expect to find gas stations prevalent in most areas, those who operate EVs generally have to search considerably harder to find places to char

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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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Keeping Field Team Reps Invested in Company Success

Wiser

Keeping your field teams invested is one of the most beneficial things you can do for your brand. After all, your reps on the ground do spend the most time interacting with buyers and retailers. Building a lasting relationship with these employees and ensuring they feel connected to their company can raise morale and retention rates, increase customer satisfaction, and even boost overall company sales.

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Chewy Co-Founder Takes 9.8% Stake in Bed Bath & Beyond, Calls for Sale of buybuy BABY

Retail TouchPoints

RC Ventures, the venture capital fund of Chewy Co-founder and GameStop Chairman Ryan Cohen, has taken a 9.8% stake in Bed Bath & Beyond and is urging the company look into the sale of buybuy BABY , among other changes. The firm cited “concerns about leadership’s compensation relative to performance and its strategy for reigniting meaningful growth,” outlined in the retailer’s turnaround plan announced in fall 2020.

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Capri Holdings Chairman/CEO Stays On, Michael Kors CEO to Depart

Retail TouchPoints

Global fashion luxury group Capri Holdings changed course this week as it announced the departure of Michael Kors CEO Joshua Schulman. The news of Schulman leaving Capri, which also owns Versace and Jimmy Choo , was accompanied by an announcement that Capri Chairman and CEO John D. Idol would remain at the helm. Shareholders did not respond well to the news; CNBC reported Capri Holdings shares fell 15% on Monday, March 7.

Fashion 296
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Kohl's wants to transform from a department store into 'a focused lifestyle concept'

RetailDive

The retailer will open 100 smaller, hyperlocal stores and grow its new Sephora shops into a $2 billion business. The activists on its case aren't impressed.

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Borsheims-Rachel Balkovec Jewelry Collection Celebrates International Women’s Day

Retail TouchPoints

Independent jewelry retailer Borsheims kicked off an International Women’s Day partnership with Rachel Balkovec, manager of the New York Yankees minor league team the Tampa Tarpons. Balkovec is affiliated professional baseball’s first woman to be hired as a manager and shares Omaha, Neb. ties with Borsheims. “Borsheims is a leader in the jewelry industry with women at our helm,” said Andy Brabec, Director of Marketing and Ecommerce for Borsheims in a statement.

Jewelry 264
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Gap champions individuality, self-expression for spring push

RetailDive

Extending the campaign's reach offline, designer Dapper Dan will debut a special "Dap Gap" hoodie, nodding to the classic sweatshirt from the '90s.

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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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Walmart Expands Prestige Beauty Offering Through New Partnership with Britain’s Space NK

Retail TouchPoints

Walmart has teamed up with British retailer Space NK to bring a selection of 15 prestige beauty brands to nearly 250 locations across the U.S. this summer. The collaboration, called BEAUTYSPACENK, will feature a curated collection of more than 600 products spanning a variety of price points across skincare, makeup, haircare, and bath and body. The collection will also be available on Walmart.com beginning March 15. “As a top beauty destination, Walmart is continuously looking for new ways

Retail 262
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Yale professor IDs companies still doing business in Russia

RetailWire

Russia’s invasion of Ukraine has prompted many Western companies to suspend operations in the country, but not all. Yale University professor Jeffrey Sonnenfeld and his research team have compiled a list of companies still doing business in Russia that includes Coca-Cola, McDonald’s and Starbucks. Eighty-five percent of McDonald’s restaurants in Russia are corporately owned and operated.

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Roughly 75% of DTC brands bring in under $1M in online sales: report

RetailDive

Most DTC brands with less than $1 million in online sales have opted to have physical storefronts, according to research by PipeCandy.

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Tips for Women Considering a Career in Tech

GetElastic

A little bit about me, I've known I've wanted to be in some sort of computer field since I was 12 years old. I got to visit my aunt for the summer and play Sim Farm (oh the good old days of games on floppy disks), and I was fortunate to able to take a few computer classes in high school (even in small town Saskatchewan). I knew I wanted to go to tech school (Sask Polytech), and be done with school as soon as possible to start working.

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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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Thinx brings its affordable line to Walmart

RetailDive

After launching with Target last year, the period underwear brand's Thinx For All collection will be sold in nearly 560 Walmart stores and on its website.

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The Impact of Consumer Spending on the Growth of Online Marketplaces

Algopix

During the height of the COVID-19 pandemic, consumers were forced to shift their spending online. Now, even as federal, state, and local governments are lifting COVID-related restrictions, most consumers are still not planning to return to their old ways of shopping. In fact, 85% of consumers indicated they will maintain their online shopping habits post-pandemic, according to a survey from the Alvarez & Marsal Consumer and Retail Group.

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Petco posts record sales in 2021 as it leans into wellness and service offerings

RetailDive

The pet retailer opened more vet hospitals, revamped its Vital Care program and acquired the remaining stake in its joint venture with Thrive Pet Healthcare.

Retail 103
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Understanding Your Customer Before Diving Into the Metaverse

Digital Doughnut

When we asked 3,000 consumers across the UK, “would you like to shop for your favourite brands and products in the Metaverse?” - the response was varied to say the least. While that’s not to say that the virtual world won’t become the next phenomenon, or that it isn’t already, it’s clear that for retailers, there are a few questions that need to be ironed out first before diving into the digital world.

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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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After early silence, more luxury brands edge away from Russia over invasion of Ukraine

RetailDive

Upscale fashion houses and jewelers have enjoyed growing attention in Russia for decades, but doing business there is becoming untenable.

Fashion 110
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How Can Direct Mail Automation Help Streamline Your Business?

Digital Doughnut

Direct mail automation enables the integration of direct mail into the rest of your business automation tools, initiates campaigns, and eliminates the manual process involved.

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Bending to activist pressure, Dollar Tree revamps board

RetailDive

Former Dollar General CEO Richard Dreiling is set to take over the board chair role following the departure of longtime leader Bob Sasser.

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How to Write a Discount Offer

Korona

Discounts are a timeless and essential part of any retail or service business. Promotions help accelerate sales and move inventory. But how do you write a discount offer to successfully bring in revenue without hurting your bottom line? To be sure it’s not the easiest thing. Nonetheless, with the right plan and focus, discounting can be a great sales tactic for your business.

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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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Fabletics to open 30 new stores this year

RetailDive

The DTC activewear brand also celebrated the 21 brick-and-mortar locations it opened since the start of 2020.

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Visa and Mastercard to raise interchange fees paid by retailers

RetailWire

Visa and Mastercard are set to raise interchange fees paid by retailers after delaying an increase for the past two years due to the novel coronavirus pandemic. U.S. companies paid an estimated $55.4 billion in fees to the two card companies in 2021, more than twice the amount paid in 2012, according to the Nilson Report.

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International Women’s Day 2022: Business Leaders Offer Their Thoughts on How We Can Break the Bias

Digital Doughnut

With today being International Women’s Day, female tech executives address how businesses in tech can encourage diversity and inclusion and ultimately break through biases.

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Treasury report questions how free the labor market is

RetailWire

A lack of competition in the job market means that American workers earn 15 to 25 percent of what they could make in a more open environment, according to a report released earlier this week by the Treasury Department. The report finds that employers use a variety of practices to limit workers’ options when it comes to trading jobs, including noncompete and nondisclosure agreements, as well as no poaching deals.

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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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Chronicles Of Mandiant: Google Put A Ring On It

Forrester eCommerce

Like a cybersecurity version of “The Bachelor,” Mandiant gives its final rose to Google. The idea of a stand-alone Mandiant, reobtaining the prestige it once held in the cybersecurity industry, made for a great story but an unlikely proposition in the long term. M&A was always the destiny for Mandiant, the only question being the […].

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Dick’s offers solid forecast following record quarter

RetailWire

Dicks’s Sporting Goods reported record sales and profits in the holiday quarter and said it expects earnings and same-store sales for the year to be higher than analysts have forecast. “Our 2022 sales and earnings outlook establishes a new foundation for us to build on in the future,” said CEO Lauren Hobart.

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Auf dem Weg zur unternehmerischen Nachhaltigkeit mit Technologie + X

Forrester eCommerce

Nachhaltigkeitsinitiativen sind kein “nice to have” mehr. Erfahren Sie worauf es ankommt und wie Nachhaltigkeit in Ihre Technologiestrategie passt.

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Petco racks up more double-digit gains

RetailWire

Petco reported that its fourth quarter earnings were up 13 percent year-over-year, marking the seventh straight quarter of double-digit gains for the chain. Petco has shifted its strategy to “whole pet” care with products and services that cater to America’s pets.

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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