Tue.Aug 02, 2022

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By 2027, US Online Retail Spending Will Reach $1.6 Trillion

Forrester eCommerce

Forrester’s 2022 Online Retail Forecast, US, provides insights about US total retail sales, online retail sales, and the online retail penetration forecast for 30 product categories for the next five years.

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CNBC: Workers United Asks Starbucks to Extend Planned Benefits to Unionized Workers

Retail TouchPoints

Unionized Starb u cks cafés are reportedly asking the coffee giant to extend planned benefits , including pay raises, to all stores without going through a bargaining process, according to CNBC. Workers United, the union supporting the organized Starbucks associates, stated in a letter to CEO Howard Schultz that the company can legally offer the benefits to unionized stores without bargaining, as long as the union agrees.

Travel 301
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Boost Your Ecommerce Business with a BigDev Certification

BigCommerce

BigCommerce is on a mission to help merchants sell more at every stage of business growth.

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USDA $5M Grant Will Expand SNAP Ecommerce as Online Usage Surges

Retail TouchPoints

The USDA Food and Nutrition Service is accepting applications for a $5 million grant, funded by the American Rescue Plan , to increase the number of retailers offering online shopping for customers who rely on the Supplemental Nutrition Assistance Program (SNAP). The grant will provide funding to an organization that supports retailers as they adopt technology to align with SNAP online shopping.

eCommerce 279
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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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How to Adapt to the Latest Retail Technology Trends | Salsify

Salsify

In today’s evolving commerce marketplace, being agile is critical to long-term growth and success. According to McKinsey & Company , digital leaders generated 3.3 times the total returns to shareholders (TRS) of digital laggards between 2016 and 2021.

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Newly Rebranded Yelloh Accelerates Transformation into a ‘Modern Mobile Retailer’

Retail TouchPoints

DTC frozen food delivery service Yelloh (known as Schwan’s Home Delivery until earlier this year) has tapped Amazon Web Services (AWS) to deliver a slate of technology-enabled personalized experiences for both its customers and employees. The new Yelloh delivery trucks will keep the company’s signature yellow but feature an updated name and branding.

Mobile 268

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Store Tours: Solana Spaces Brings Web3 to the Real World

Retail TouchPoints

Web3 is all about the internet, so creating a retail storefront featuring concepts like blockchain and cryptocurrency seems a tad counterintuitive, but that’s exactly what the team at Solana Spaces has done. The goal according to Co-founder and CEO Vibhu Norby (if he sounds familiar it’s because he’s also the mind behind high-tech retail concept b8ta) is to create an inviting environment that helps bring the “crypto-unfamiliar” into the exciting world of Web3.

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EasyScan Review: The Ultimate App for Inventory Scanning and Fulfillment

Ecommerce Platforms

The process of ecommerce fulfillment requires you to manage orders, scan inventory, and print barcodes. With a Shopify store, you could piece together several apps to complete all of these tasks; or, you could opt for an all-around scanning and fulfillment app like EasyScan. Throughout our numerous reviews of Shopify apps, it’s become clear that the best ones tend to function as “suites,” where you pay a small monthly fee to knock out various tasks in one, instead of packing your store with apps

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Dollar General Takes Next Steps Into Medtail With 4 New Healthcare Panel Appointments

Retail TouchPoints

Discount retailer Dollar General has appointed four members to its healthcare advisory panel as it continues to explore opportunities in medtail and healthcare — a process that began in earnest with the July 2021 appointment of Chief Medical Officer Dr. Albert Wu. The new panel members are healthcare industry veterans who will work with Dollar General as the company develops its investment strategies in the health and wellness category.

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How to Increase SEO Traffic With Social Media

Digital Doughnut

Harness the power of social media and get SEO benefits to your business website in terms of traffic, leads, and engagement. Implement these strategies and take your social media game to the next level.

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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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Foot Locker Details $54M Investment in Educational and Economic Opportunities for Blacks

Retail TouchPoints

Beginning with the June 2020 launch of its Leading Education & Economic Development (LEED) Initiative through January 2022, Foot Locker has invested nearly $54 million in programs designed to improve educational and economic opportunities for Black people. The Initiative as a whole represents a $200 million commitment that includes expanding programming for Black students and employees and operationalizing Foot Locker’s approach to elevating and working with Black vendors, community nonprofi

Apparel 247
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After prompt action on inventory, Target is poised for a comeback, analysts say

RetailDive

The mass merchant has spent months grappling with a merchandise glut and supply chain trouble and twice slashed its profit outlook.

Supplies 124
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Zero-Party Data Builds Loyalty and Reduces Mistargeting

Retail TouchPoints

The increasing importance of consumer privacy in online marketing has thrown the industry for a loop that people are still looking to recover from. Consumer frustration with poorly targeted online ads, combined with concerns about data sharing, create a major roadblock to tracking consumer buying signals and finding out what people want. Apple’s privacy changes alone resulted in a $10 billion hit to Meta’s bottom line in 2022.

Clothing 236
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Tiffany to sell NFTs with matching necklaces

RetailDive

The luxury jewelry retailer will sell 250 CryptoPunk NFTs that buyers can redeem for 30 ethers — or close to $50,000 — each.

Jewelry 116
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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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Roe Reversal Creates Thorny Path for Retailers Supporting Employee Reproductive Choice

Retail TouchPoints

Backing reproductive choice for employees became a much more difficult proposition for retailers, which could face prosecution in some jurisdictions following the June 24, 2022 U.S. Supreme Court decision in Dobbs v. Jackson Women’s Health Organization. With the court ruling that the country’s constitution offers no federal abortion protections, thus transferring this power to individual states, many well-known retailers, including Patagonia , DICK’S Sporting Goods and Levi’s are leading convers

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Estée Lauder in talks to acquire Tom Ford: WSJ

RetailDive

Other reports this summer said Tom Ford was exploring a potential sale and working with investment bank Goldman Sachs Group on the endeavor.

Banking 95
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Despite The Hype, Most Consumers Still Don’t Know About The Metaverse

Forrester eCommerce

Since March, Forrester has published 6 reports about the metaverse with more on the way. We started with our “most read” State Of The Metaverse report, followed by best practices on Designing The Metaverse and Marketing In The Metaverse. We’ve examined the evolution of commerce in the metaverse as well as the future of consumer […].

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Lids launches first private label for kids

RetailDive

Explore by Lids, which was designed for children ages four to seven, was an idea first pitched to the company by interns.

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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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Asia Pacific MSS Firms are the new “Minions” in “The Incredibles” Suits.

Forrester eCommerce

For many years, managed security services providers (MSSPs) have been sold as shining knights and superheroes that will come to the rescue and solve all of your security problems. From what we have seen, this is far from the truth and most MSSPs have not able to provide a consistent client experience. The problem has […].

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Bob’s Red Mill to halt DTC operations

RetailDive

After selling over the phone, via mail and through its website for years, the flour producer is focusing on wholesale.

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What Is Metrc: The Cannabis Tracking Tech for Dispensary Retail

Korona

Compliance is an indispensable aspect of running a cannabis retail company. Dispensaries must use track and trace systems to monitor all of the products they sell. In the places that have legalized recreational and medical marijuana use, state governments use technology to ensure that they know how and where each cannabis related product is cultivated, produced, transported, and sold. .

POS 59
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As inflation bites, retailers cut guidance

RetailDive

Since June, at least four major retailers have made significant updates to their financial outlooks.

Retail 107
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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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Influencer marketing- A Way To Successful Ecommerce Business

Ecommerce Guru

Finding an influencer within your budget and niche isn’t easy, right? Moreover, social media plays a great role when you wish to take your business to another level! Social approval is the need of the hour. This is where the need of hiring an influencer comes in. You need them for marketing your product and targeting an ideal audience already interested in your niche.

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Honest Beauty to sell through Ulta stores

RetailDive

The expansion comes two weeks after the Honest Company signed a wholesale deal with Walmart.

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Walmart to sell refurbished goods online and in stores

RetailWire

Walmart Restored is a new program from the retailer that will see it sell refurbished electronics “online now and in select stores this fall.” The retailer said all products in the program will be inspected and tested. All purchases come with 90-day free returns.

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How to Develop an App: A Simple Step-by-Step Guide and Best Practices for 2022

Digital Doughnut

Building mobile apps is a complex process, and it takes some time. You have to keep many little intricacies in mind. So, knowing where to begin and where to go can be daunting. But you can follow this blueprint.

Mobile 52
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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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Inventory stacks up in West Coast warehouses

RetailWire

There are more warehouses in the Los Angeles and Inland Empire markets than anywhere else in the U.S. A slowdown in consumer purchasing and more goods being unloaded at the ports of Los Angeles and Long Beach means that available space is quickly dwindling for warehoused goods in these locations.

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The Forrester Technology Strategy Impact Award Finalists For North America

Forrester eCommerce

When determining Forrester’s Tech Strategy Impact Award finalists, we look for stories of customer-obsessed transformations driven by the technology organization. The companies recognized in this award are executing a future fit technology strategy that enables their company to quickly reconfigure business capabilities to meet future customer and employee demands with adaptivity, creativity, and resilience.

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Retailers lock up more items to prevent theft

RetailWire

Retailers are putting everyday items including aluminum foil, candy, dish detergent, soap and toothpaste behind lock and key because of organized retail crime activity in some locations. “It’s (locking items up) extremely discouraging to customers,” said Paco Underhill, the founder and CEO of Envirosell. “It is a brutal experience for the merchant, too.

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Getting Marketing Leaders Back Together At Forrester’s B2B Summit EMEA 2022

Forrester eCommerce

It’s been a while since we had the opportunity to meet face to face, and whilst we have all done phenomenally well keeping our companies and, frankly, sectors and economies running on Zoom, Teams, Skype, or any other videoconferencing platform, I think we all agree something has been missing. With this in mind, after a […].

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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