Tue.Oct 31, 2023

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The Rising Popularity of Ecommerce Instalment Payments among Gen Z and Millennials

ESW

As the global economic recovery continues, holiday shoppers are cautiously optimistic. A recent PwC report found that consumers plan to increase spending by 7% this year, averaging $1,530 for gifts, travel and entertainment. Despite plans to spend more, many shoppers, especially young, budget-conscious shoppers, remain worried about affording the holiday season.

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Predictions 2024: The AI Era Accelerates Agencies From Services To Solutions

Forrester eCommerce

Agencies will take full advantage of AI in 2024 and build custom “brand language models.” But fear of mismanagement will read to an increase in reviews. Learn more about what will shape the agency world in 2024.

Customer 384
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Return-To-Office: Why Luxury Retailers Should Refresh Their Clienteling Strategies Along with Their Customers’ Work Wardrobes

Retail TouchPoints

Those who said work-from-home was here to stay might be surprised to learn that we are witnessing a shift back to the office, with many organizations small and large instituting mandates for at least a partial return to office for the majority of their employees. The return to office (RTO) mandate is already strong in Europe and Asia and continues to grow in the U.S., where almost half of workers are back in the office full-time, and two-thirds of employers are asking employees to come back to t

Customer 279
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Predictions 2024: With The Right Preparation, Your Organization Can Win Trust While Others Lose It

Forrester eCommerce

A focus on fundamentals such as empathy and accountability will equip companies to earn and keep trust in 2024. Read our predictions.

Other 379
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The Pragmatic Path to Composability: Adapting to the Future through Modularity

Speaker: Jason Cottrell

Brands used to look for a vendor who could do everything. Over time, one vendor was no longer enough to meet a brand’s needs, and they added, added and added. Now they need all their vendors to work well together. That’s composable, and only some will make the cut. As customers — and your board — expect you to be in new channels and to rapidly adapt to shifts in the market, the need for true composability is more crucial than ever before.

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

This is Part 2 of The Holiday Readiness Series, which will feature tactical tips and takeaways from experts that retailers can still apply to rev up their sales results. Looking for even more data and insights to power your approach? Check out Part 1, which focused on improving CX. Last year, holiday sales grew a modest 5.3% over 2021, according to the National Retail Federation.

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How Generative AI Is Reshaping Product Development | Salsify

Salsify

Imagine you’re on the hunt for a new shirt. You know you want something colorful, possibly with a fun pattern, but you haven’t liked the options at your local department store or what’s available online.

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The tricky business of direct-to-consumer caskets

RetailDive

Brands such as Titan Casket are trying to disrupt an industry dominated by legacy manufacturers who sell through funeral homes. Could updates to a key federal rule help encourage competition and better inform consumers?

Consumer 132
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Home Depot, Lowe’s Look to ‘Pros’ for Growth

Retail TouchPoints

Competitors The Home Depot and Lowe’s are both zeroing in on the same high-value target as the pandemic-driven home improvement boom slows — professional contractors, builders and tradespeople. The Home Depot has made a number of executive moves to better “align the organization” around this consumer set, which the company describes as its “largest growth opportunity,” and Lowe’s is bringing back its “Pro-vember” savings event to help home improvement professionals “restock and recharge for the

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Government urged to address wholesale theft in new Crime Bill

TalkingRetail

Wholesalers have come together to call on the government to ensure the sector is included in the forthcoming Crime Bill. In a letter to the home secretary, Suella Braverman, James Bielby, chief executive of the FWD wrote: “The food and drink wholesale sector in the UK is integral to the operation of 72,000 retailers, the.

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Price Chopper Expands Food Waste Reduction Efforts

Retail TouchPoints

Price Chopper/Market 32 has expanded its partnership with fresh grocery platform Invafresh , which already helps the 131-store supermarket chain prevent 20 tons of food from being wasted each week. By integrating in-store production data with the solution provider’s Fresh Retail Platform, Invafresh helps Price Chopper/Market 32 forecast more intelligently and accurately as well as manage replenishment, production and inventory.

Supplies 264
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Fortnum & Mason Resumes Online Service to EU Customers Amid Post-Brexit Challenges

365 Retail

Fortnum & Mason has announced the relaunch of its online service for European Union customers. The luxury food and drink retailer is the first of its kind to resume online deliveries to the EU since the cessation of the service due post-Brexit customs challenges. The company has established a dedicated fulfilment centre in Belgium, which will serve as the shipping hub for 15 European countries.

Customer 104
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Shein Buys Missguided, Ushering in ‘New Format of Partnerships’

Retail TouchPoints

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. Frasers Group acquired Missguided just a little over one year ago after the brand entered administration, the UK version of bankruptcy. Missguided has been under pressure for several years, first falling into financial difficulties in late 2021 when it was saved by an investment from private equity firm Alteri.

Fashion 264
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Walmart invests over $500M to upgrade 117 stores

RetailDive

The big-box retailer will devote more than $9 billion over two years to modernize over 1,400 stores across the U.S.

Retail 130
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Omnisend vs. TinyEmail: Which is better for your business? (comprehensive comparison)

Omnisend

Reading Time: 10 minutes Trying to choose the best email marketing platform for your business can feel like an impossible task, especially with so many capable options. You firstly need to ask which platform ticks all important boxes, such as email automation, affordability, ease of use, and ecommerce compatibility. This article will look at Omnisend vs.

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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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Simon Property Group reduces stake in Forever 21 operator Sparc

RetailDive

CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.

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Amazon unBoxed 2023 Success Stories: From The Honest Company to TOMS, Plus Key Event Highlights From Tinuiti Experts

CPC Strategy

Every year, Amazon brings together thousands of advertising professionals for their flagship event, unBoxed. Industry leaders share insights on how to up-level Amazon knowledge through insightful keynote sessions, engaging breakouts, and various networking events. From groundbreaking product announcements to game-changing new features, this event is a window into the future of retail, advertising, and ecommerce.

Events 90
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The Container Store doubles down on Custom Spaces business with new garage line

RetailDive

The company is building out its garage offering with Garage+ by Elfa and expanding design options through its Preston line.

Customer 118
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ChatGPT Plus Streamlines Features in Major Update

RetailWire

OpenAI, a leading innovator in artificial intelligence, has announced a significant upgrade to its ChatGPT Plus.

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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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Lush launches wholesale partnership with Ulta Beauty

RetailDive

The brand is selling a range of exclusive products available only on the beauty retailer’s website.

Retail 122
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Have You Been Saying ‘Reese’s’ Incorrectly?

RetailWire

Consumers have been taking the pronunciation of "Reese's" for granted, and most might be saying it wrong.

Consumer 105
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Serta Simmons CEO Charlie Eitel resigns after 3 months

RetailDive

Board chair Mark Genender will serve as interim CEO. Meanwhile, the search for a permanent CEO is ongoing.

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2 (Imperfect) Ways to Block Bard

Practical eCommerce

How to block Google Bard without jeopardizing organic search traffic? The post 2 (Imperfect) Ways to Block Bard appeared first on Practical Ecommerce.

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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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Amazon’s fulfillment network shift exceeds expectations

RetailDive

Higher local in-stock levels paired with improved connectivity between facilities is driving speedier deliveries.

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Snappy Shopper teams up with Trust Payments

TalkingRetail

Snappy Shopper has partnered with Trust Retail, part of the Trust Payments Group and one of the UK’s leading EPOS suppliers, to integrate its technology with Snappy Shopper retailers. Following on from similar partnering integrations, Snappy Shopper said the partnership allows its retailers to achieve quicker deliveries and control a bigger and more relevant store.

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Columbia reports $985.7M in Q3 sales, lowers full-year guidance

RetailDive

The company’s namesake brand led sales, while its prAna brand is undergoing a “reset.

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AI-Powered Retail Intelligence: Driving Customer-Centricity and Simplicity for Your Customer and Your Team

Dynamic Action

Summary Retailers are facing challenges in keeping up with rapidly changing consumer preferences and increasing digitalization. To address this dilemma, integrating an AI platform into retail business strategies can help by providing real-time insights and automating tasks. AI-driven retail intelligence platforms play a vital role in understanding changing consumer behavior by processing vast amounts of data to identify patterns and insights and predict trends.

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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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Guillaume Doriry Of Mars On How Decision Intelligence Drives Supply Chain Visibility

RIS News

Learn why Mars chose to integrate decision intelligence and why employee-centric strategies for successful AI adoption are so important.

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Sleep.8 Extends Global Operations with Flagship Store Launch in Dakar, Senegal

365 Retail

Sleep.8 , an industry leader in the provision of premium sleep solutions, has announced the grand opening of its inaugural retail location outside of Europe, strategically located in Dakar, Senegal. This expansion serves as a significant milestone in the brand’s aggressive global growth plan, reinforcing its commitment to elevating the standard of sleep quality on a global scale.

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Mars’ Guillaume Doriry On Increasing Supply Chain Visibility With Decision Intelligence

RIS News

As more companies bring AI into their operations, keeping their employees at the center is critical to success.

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Analyze your Facebook Ads creatives the right way

Funnel.io

Facebook Ads is a behemoth of a platform. Combined with other Meta properties, it took in more than $112 billion in ad revenue in 2022 — second only to Google. In fact, Meta took in more advertising revenue than its next three competitors, combined.

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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.