Mon.Oct 03, 2022

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AI software spend will double from 2021 to 2025, to reach $64 billion, and grow 50% faster than the overall software market

Forrester eCommerce

Across eight forecasted countries — US, China, Japan, and Europe-5 (France, Germany, Italy, Spain, the UK) — AI’s share of software spend will increase from 4.3% in 2021 to 6% in 2025. AI’s software growth is driven by: AI-infused software, that uses AI to increase its market attractiveness, although the software can still work without […].

Marketing 370
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FT: TikTok Planning to Launch North American Live Shopping Platform

Retail TouchPoints

TikTok will reportedly enter a partnership with TalkShopLive to launch its live shopping platform in North America, two people familiar with the matter told the Financial Times. The companies are still finalizing the arrangements and no contracts have been signed so far. TikTok’s live shopping platform is already operational in Asian markets including Thailand, Malaysia and Vietnam as well as the U.K.

POS 330
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Clean Up Your Martech And Loyalty Tech Ecosystem

Forrester eCommerce

We all know that there is a big difference between working hard and working smart. And specifically for marketers, the status quo often makes working smart impossible — functional silos inhibit internal efficiencies and negatively impact the overall customer experience. Some of today’s biggest marketing silos are technology-based — different platforms for different functions.

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Resilience Training: Small Business Innovation During a Recession

Retail TouchPoints

Small business owners already have a lot on their plate. There’s always too much to do in too little time — late nights, stress and sacrifices come with the territory. Their business is their baby, and they’ve poured their blood, sweat and tears into big-picture plans while eagerly embracing the day-to-day work. The jury is still out on how the economy will bounce back amidst new bills and legislation, but in the wake of inflation, small businesses are facing a rocky future.

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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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ERP: Switching to Cloud-based DOPs at Your Own Pace.

Forrester eCommerce

ERP Vendors are pushing client organizations to replace their on-prem ERP solutions with cloud-based Digital Operations Platforms (DOP). As a result, ERP discussions are filling up the agendas of CTOs and procurement officers. The increasing number of inquiries we at Forrester receive is a clear signal that the market is moving and the answers are […].

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Exclusive Q&A: Cashierless Grocery Requires a ‘Very Human Response to the Customer’

Retail TouchPoints

Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Retail is in John Douang’s blood. Specifically, his family owned a convenience store in Toronto, which was not convenient when it came to trying to balance having a personal life and growing the business.

Customer 249

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18 retailers at risk of bankruptcy as consumers tighten wallets in 2022

RetailDive

As demand wavers and capital gets harder to find, the number of companies at risk has soared from last year.

Consumer 133
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Zeus grows rapidly in Europe with leading international retailer Primark

365 Retail

Zeus , the UK-based start-up which is disrupting the freight industry with its next-generation digital platform, has expanded into Europe after signing up the pioneering international fashion retailer, Primark. . The partnership, which will see Zeus handling freight transport for the retailer on distribution routes to France, Italy and the Czech Republic, comes as Zeus recently marked its second anniversary.

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Many things are beyond our control; this external sales driver is not one of them.

RetailDive

As a rule, external factors that are unknown, uncontrollable and unpredictable are pretty much impossible to proactively manage. There is one exception to this rule.

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How to Sell Clothes Online in 2022 & Make Some Extra Cash

eCommerce CEO

One of the most popular categories for ecommerce is clothing and accessories. If you have a knack for fashion, this can be one of the. Read more.

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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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Uncertainty clouds the holidays as inflation takes a toll

RetailDive

Shoppers are a bit more confident and getting to their lists early, but financial worries are making the season hard to predict.

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What is Order Fulfillment? Key Processes & Strategies?

eCommerce CEO

Order fulfillment is a key part of any ecommerce business. It constitutes getting an item from your store to the customer. Some strategies use fulfillment. Read more.

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Rue21 hires advisers for possible restructuring: WSJ

RetailDive

Less than two years ago, the teen-focused retailer was adding stores and growing its sales.

Retail 111
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Why Sustainability Is A Key Focus For Modern Consumers And How Businesses Can Adapt

365 Retail

Sustainability is a widely discussed topic; since the turn of the millennium, governments and organisations have intensified efforts toward sustainability across industries and sectors. Sustainability is a critical factor that is essential in the consumer-product relationship. Recent figures show that 14% of consumers consider sustainability when making purchases.

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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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Is retail ready for the first post-pandemic holiday season?

RetailDive

With the holiday season around the corner, here is the edge retailers need over their competitors.

Retail 98
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Consumers willing to trade privacy for Amazon benefits

RetailWire

Amazon.com has been accused of spying on Americans through a variety of devices, but those concerns do not appear to have significantly affected the company’s sales. “By and large, negative consumer attitudes to data collection across smart home and other areas have largely been ameliorated by the services received in return,” said Jonathan Collins, an analyst at ABI Research.

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Bed Bath & Beyond makes progress on supplier payments

RetailDive

The retailer is prioritizing vendor relationships following reports of suspended shipments.

Retail 103
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Walmart+ attracts subscribers from up and down the economic ladder

RetailWire

Walmart believes that the value of its Walmart+ subscription is compelling enough to attract larger numbers to the service, even those participating in federal assistance programs. The retailer says that around 25 percent of its current members receive food assistance from the government.

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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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DTC cookware brand Caraway raises $35M

RetailDive

The funding comes as many retail startups face a cooler venture capital market.

Marketing 110
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IKEA will use 100 percent electric fleet to deliver online orders by 2025

RetailWire

All of IKEA’s home deliveries by 2025 will be made using electric vehicles. The furniture giant said that deliveries in some cities are already 100 percent electric and it is making the move as part of a plan to cut more emissions than it uses by 2030.

Article 52
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Spanx names new CEO

RetailDive

The brand promoted longtime executive Kim Jones to the role and expanded its executive team.

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Walgreens launching automated RX fulfillment centers

RetailWire

Walgreens is setting up a network of prescription drug fulfillment centers to serve customers at local stores. The fulfillment centers make use of robots to fill prescriptions more quickly than human pharmacists. “This frees up the capacity of our most skilled professionals,” said Rina Shah, group vice president of pharmacy operations and services at Walgreens.

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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

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Victoria’s Secret unveils latest message in branding revamp

RetailDive

The retailer’s “Undefinable” campaign underscores its new focus, but there’s a lot of catching up to do in what is now a highly competitive market.

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How To Improve Customer Service In Your Ecommerce Website?

Ecommerce Guru

Whenever you go out shopping, you are always greeted by the salesperson of your favorite store in a friendly yet great gesture. They help you in picking the best products based on your requirements and take into consideration your budget to solve your queries during the process. In the end, you successfully make a purchase with a happy feeling and leave the store with satisfied offline customer service.

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A Message from the CEO on Intelligence Node’s 10th Anniversary

IntelligenceNode

This year marks a special year for Intelligence Node as we celebrate our 10th anniversary. I take this opportunity to thank you for your continuous commitment to Intelligence Node, its. The post A Message from the CEO on Intelligence Node’s 10th Anniversary appeared first on Blog.

Blog 52
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Important Services Any Property Seller Needs To Be Aware Of

365 Retail

Selling your home, whether as a distress sale or to make profits, is a decision that comes with some responsibilities. One of those responsibilities is to get the best possible price for your home. You can take advantage of rising home prices to get the best deals for your home. You need certain services to help you achieve that. Real Estate Services.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Eye-Catching Design Trends You Should Be Using in Your Marketing Materials

Digital Doughnut

The past year has undoubtedly thrown us many curveballs. But it has also provided us with new ways of interacting with our clients, potential clients, and employees.

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Four External Factors That Could Influence Your Business

365 Retail

There are some things that you can fully control within your business’s internal workings, and some are simply out of your control. You should do all you can to control how your business operates, but if you can’t, you will need to learn how to adapt. Continue reading to learn what external factors could influence your business and what you can do about it.

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Bed Bath & Beyond to consolidate brands within enhanced mobile app

RetailDive

After two quarters of decline, the company is focusing on digital operations and the brands its customers prefer.

Mobile 56
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First legal weed shops open in Vermont

RetailWire

The first three dispensaries selling marijuana for recreational purposes in Vermont are open for business. The state joins 14 others and the District of Columbia in making marijuana available over the counter to adults.

Other 40
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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio