Mon.Jun 05, 2023

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WSJ: Amazon Deploys AI to Detect Damaged Goods in Fulfillment Centers

Retail TouchPoints

Amazon is rolling out new AI-powered technology across its warehouses to detect damaged goods in a bid to decrease the number of damaged items sent to customers and speed up the fulfillment process, The Wall Street Journal reports. The AI is 3X more effective at identifying damage than warehouse workers, to whom the task currently falls, Christoph Schwerdtfeger, a software development manager at Amazon, told WSJ.

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Navigating The Digital Whirlwind: The Asia Pacific Tech Market Is Poised For 5.8% Growth Amid Economic Flux

Forrester eCommerce

The tide of COVID-19 has finally receded. As Asia’s economies repopulate the global economic shoreline, they find the beach littered with new opportunities and new threats. Not even half a year in, 2023 already feels like a pivotal year between two eras of digitization.

Marketing 195
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Lululemon Plans 30+ New International Stores with Majority in Fast-Growing China Market

Retail TouchPoints

Lululemon is looking to continue strong global growth after a 60% international sales increase boosted the retailer’s revenue growth to 24% in Q1 2023, which ended April 30, bringing total sales to $2 billion for the quarter. The company is planning to open 50 net new stores this year, and 30 to 35 will be international, with the majority located in China.

Marketing 278
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VRM And SOC Teams Can Benefit From Each Other

Forrester eCommerce

We’re excited to announce our latest research on vulnerability risk management (VRM) and security operations center (SOC) teams. VRM and SOC teams are pivotal parts of the security organization, with different responsibilities but shared challenges.

Other 195
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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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CNBC: Two Potential Purchasers Express Interest in BuyBuy Baby

Retail TouchPoints

Bed Bath & Beyond has reportedly received interest in BuyBuy Baby from at least two bidders, according to CNBC. DTC baby registry website Babylist is looking at the retailer’s trademark and domain, while an unnamed bidder is looking at BuyBuy Baby as a going concern and has expressed interest in keeping 75% of stores open. The size of the unnamed bidder’s offer is also unknown, but correspondence seen by CNBC noted that the company was seeking an additional $50 million in capital to shore up

Document 273
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What Makes A Future Fit People Strategy?

Forrester eCommerce

Over the past few weeks, my colleagues have described how platforms, practices, and partners drive a future fit technology strategy that enables growth, scale, and innovation. But one thing underpins the entire strategy — people.

More Trending

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5 Ways Small Businesses Can Manage Supply Chain Issues

Wiser

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses. It’s important to get it right, as any hiccups in the process can have serious consequences for your business.

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Aldi Partners with Instacart to Create Virtual C-Store Featuring Popular SKUs

Retail TouchPoints

Powered by Instacart , Aldi will offer nearly 2,000 of its most-shopped items for delivery in as fast as 30 minutes. The Aldi Express service is now available from more than 2,100 Aldi supermarket locations across the U.S. “We know our customers live hectic lives, and sometimes that means they don’t have time to make it to the grocery store — even for a quick trip,” said Scott Patton, VP of National Buying at Aldi in a statement.

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CartFox Review: Can This SMS Marketing Platform Boost Your Sales?

Ecommerce Platforms

If you're a retailer and don’t yet have an SMS marketing tool to plan and execute your SMS campaigns, now's the time to start looking. Otherwise, you might risk getting left behind! CartFox is one such SMS marketing platform. But how good is it? In this CartFox review, I'll endeavor to answer that question and share everything you need to know to decide whether this platform is the right choice for you.

Marketing 104
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How Target went from loud and proud — to silent

RetailDive

The mass retailer remains quiet after pulling Pride merchandise from some stores out of safety concerns. LGBTQ+ groups, human rights advocates and marketers say that sends the wrong message.

Marketing 111
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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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Retailers discover that anti-LGBTQ extremists can not be appeased

RetailWire

Most retailers that have drawn the attention of anti-LGBTQ groups have chosen to conduct business as usual and ignore the vitriolic language and threats of violence associated with these movements. Those such as Anheuser-Busch and Target that have sought a middle ground have found it only encourages the people threatening their workers.

Retail 98
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Bark’s Q4 revenue takes a hit as order volume falls

RetailDive

By channel, the BarkBox and Super Chewer parent company saw DTC revenue fall 1.5% year over year, while wholesale revenue fell 9.3%.

Channel 111
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3 Customer Acquisition Strategies for Post-Pandemic Retail

SheerID

Brands can stand out in this post-pandemic world by aligning with customer values, prioritizing zero-party data, and targeting specific communities.

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Five Below sales up nearly 14% as it scoops up Tuesday Morning leases

RetailDive

The retailer is also on track to convert 400 stores to its higher-priced Five Beyond format before the end of the year.

Retail 116
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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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Buy Buy Baby may survive Bed Bath & Beyond’s bankruptcy

RetailWire

Bed Bath & Beyond has received interest from two bidders in its Buy Buy Baby business. One unnamed buyer plans to keep about 75 percent of the chain’s stores open should it be successful in acquiring it. The other, Babylist, is also interested but seeking to acquire only the Buy Buy Baby trademark and domain.

Other 81
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L’Oréal’s VC firm invests in biotech company Debut

RetailDive

The $34 million series B funding round was led by the beauty giant in order to bring novel bioactive cosmetic ingredients and products to consumers.

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A 2023 recession appears unlikely to happen

RetailWire

Employers added 339,000 jobs in May, weakening the prospects that a recession will hit the U.S. in 2023. “We’re running out of time for a 2023 recession,” said Justin Wolfers, an economics professor at the University of Michigan. “We’ve never had a recession when the labor market was running this hot.

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Sorel brand president resigns to focus on health

RetailDive

Columbia Sportswear Company announced that Mark Nenow stepped down from the footwear brand after about eight years in the position.

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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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Mail Merge Outlook: A Beginner’s Guide to Personalizing Emails

Email Audience

Whether you’re running a business, managing a team, or simply keeping in touch with friends and family, being able to send personalized emails quickly and efficiently can make all the difference. That’s where mail merge comes in. This powerful tool allows you to send custom emails to multiple recipients at once, saving you time and effort while still achieving the benefits of personalization.

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Dollar General promotes multiple executives

RetailDive

Chief Marketing Officer Chad Fox was elevated to senior vice president and is now also responsible for the discounter's digital operations.

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Meeting Customer Preferences: Offering Both Chat and Email Support Services

Digital Doughnut

Customers expect quick and efficient assistance when they have questions or issues. Two of the most popular types of customer support are chat support and email support. In this blog, we will discuss the benefits and drawbacks of each method, as well as some best practices for providing excellent customer support.

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4 ways to transform your eCommerce refurbishment business

RetailDive

To fully realize the rewards of selling on a marketplace, sellers must be able to carve a unique niche for their business.

eCommerce 104
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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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Why Does In-Session Personalization Matter in Retail?

RIS News

Today’s shopper expects to see results that speak to them, which is why showing them your brand understands their needs is so important and will send them down the right path. Enter the age of search personalization.

Retail 52
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Authentic Brands Group acquires Hunter Boots intellectual property

RetailDive

The brand conglomerate said the deal was part of an effort to diversify its portfolio outside of the U.S.

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Forever 21 Takes Barbie to The Metaverse

RIS News

Forever 21 and Mattel are joining forces to launch a new ‘phygital’ capsule collection inspired by Barbie. The pieces will be available in brick-and-mortar stores and in the metaverse.

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4 innovative ways businesses are using kiosks

RetailDive

Kiosks offer a low-cost way for both retail and restaurant operators to deliver an enhanced customer experience.

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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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Deadline Extended: Nominate Sustainability Initiatives for the Retail Sustainability Awards

RIS News

Know a retailer, brand or individual making the retail industry more sustainable? Nominations for the eight categories of Retail Sustainability Awards are free and open until June 15.

Retail 52
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What is a Brand Community?

Smile.io

When you consider the path that brands take on the journey to success, the most successful businesses all have a multitude of customers who don’t just like them, they really love them. It’s not that a brand’s success inspires these customers to rally around them though. In fact, we would argue that it’s the collection of passionate customers coming together with the brand itself that has made the best businesses as successful as they are.

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Walmart Looks to Reduce Waste Through Sustainable Packaging

RIS News

Walmart will emphasize sustainability for the hundreds of millions of packages they ship yearly, adopting measures to reduce packaging waste for online orders, the company reports. Get the details.

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Retailers cut supply chain costs as purchasing patterns change

RetailWire

Some retailers are laying off workers in distribution and fulfillment centers. Others are closing warehouses or delaying plans to open new facilities.

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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.