Thu.Oct 06, 2022

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Walmart Acquires Robotics Company to Boost Next-Gen Fulfillment Capabilities

Retail TouchPoints

Walmart has entered an agreement to acquire Alert Innovation , a robotics automation company that develops material-handling technology for automating order fulfillment in retail supply chains. Walmart has been working with Alert to customize technology for its market fulfillment centers (MFCs) since 2016. Now, the retailer plans to increase its investment in the technology in order to leverage its 4,700 stores, which put the retailer within 10 miles of 90 % of the U.S. population, for storage a

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Keyword Crash Course: What Consumers Are Searching for in the Fashion and Apparel Industry | Salsify

Salsify

Expanding digital shelves have created an increasingly competitive fashion and apparel industry.

Apparel 148
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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

While COVID-19 slowed the world down to a standstill, it greatly accelerated the growth of online shopping. In particular, lockdowns pushed demand for online groceries into new territory. The Adobe Digital Economy Index details how monthly spend in this category more than doubled, rising from $3.1 billion pre-pandemic to $6.7 billion a month post-COVID.

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Top Ecommerce Trends and Statistics for 2022

Digital Doughnut

The business sector has experienced unprecedented challenges over the last few years, thanks to the changes during the pandemic. At its peak, the pandemic forced multiple companies worldwide to adopt new strategies and develop their operations in a way that would suit the current demands. Part of this meant becoming more familiar with the ecommerce industry.

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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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WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Retail TouchPoints

Peloton will eliminate 500 jobs in its latest round of layoffs, which began in February 2022 with cuts of 2,800 positions. While the layoffs will be felt companywide, they will heavily impact the marketing department. In an interview with the Wall Street Journal , Peloton CEO Barry McCarthy noted that this recent elimination of approximately 12% of the company’s workforce, after cutting nearly 1,300 jobs since July, is the “final significant move” to salvage the business.

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Gopuff launches health and wellness private label line, links with Grubhub

RetailDive

The private brand includes allergy medications and at-home test kits, while the new partnership makes convenience items available on the Grubhub Marketplace.

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Nordstrom’s tech chief to step down this month

RetailDive

As chief technology and information officer, Edmond Mesrobian has spent the last four years overhauling the retailer’s data capabilities.

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Amazon to Add 150,000 Workers for Holiday Amid Corporate Hiring Freeze

Retail TouchPoints

Amazon has announced that it hopes to hire 150,000 employees across its operations network for the holiday season, about the same amount as last year. The news comes just days after The New York Times reported that Amazon was putting a freeze on corporate hiring in its retail business for the rest of the year in response to current economic uncertainty.

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Peloton cuts 500 jobs after losing ‘more than $100M on retail’ last year

RetailDive

Following a slew of poor earnings results, CEO Barry McCarthy is focused on reaching break-even cash flow by the end of the year.

Retail 98
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Cloud4Wi Helps Retailers Deliver Personalized ‘Real-Time Moments’ In-Store

Retail TouchPoints

The Cloud4Wi platform is designed to help retailers leverage their WiFi network and mobile apps to engage customers with location-aware experiences. The software uses enterprise-grade location services technology, enabling retailers to monitor how consenting customers behave in-store so they can be targeted with highly relevant and timely offers. The platform can notify existing customers that pass by the store with relevant offers in carefully crafted “real-time moments” that are designed to bu

Retail 273
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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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Ann Taylor, Loft debut tiered loyalty program

RetailDive

The program allows shoppers to earn and redeem points across the brands’ full-line and outlet stores, as well as online.

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Registration opens for ISE 2023

365 Retail

Following a successful show earlier this year, registration is now open for Integrated Systems Europe (ISE 2023). The show will be a launchpad for a wealth of new technology, offer a thought-provoking conference programme, and will feature headline keynote sessions throughout the week. What’s more, with just under four months until opening day, ISE 2023 already has over 52,000 sqm of space booked, over 30% more than the exhibitor space in 2022.

Travel 72
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Under Armour replaces president of the Americas

RetailDive

Stephanie Pugliese will stay until early next year to help with the transition, but David Baxter takes on the role Oct. 24.

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Five Months Worth Of Hot Takes On The Digital Accessibility Space

Forrester eCommerce

I’ve just returned from maternity leave and am excited to dive back into my role covering digital accessibility for Forrester. Why am I so excited? Well, a lot happened in the five months I was out that signals to me the growing importance of creating experiences that are accessible to all. Here’s my take on […].

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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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Qurate Retail Group names COO

RetailDive

Scott Barnhart is the latest leadership announcement as the company engages in a turnaround strategy.

Retail 95
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Ecommerce keyword research: What Fashion and Apparel Customers Want | Salsify

Salsify

Expanding digital shelves have created an increasingly competitive fashion and apparel industry.

Apparel 78
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NLRB says Apple violated labor laws trying to thwart union organizing

RetailWire

The National Labor Relations Board has issued a complaint against Apple, claiming that the company violated labor laws by surveilling and interrogating its associates and forcing them to attend anti-union presentations. Apple said that it disagreed with the NLRB’s findings and looked “forward to presenting the facts.”.

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Britain’s Biggest Business Show is back for 2022 returning to ExCeL London on the 16th & 17th of November

365 Retail

Are you looking to start a business or grow your existing business? Helping small businesses grow and develop, the 44th edition of The Business show will reveal the secrets of business adaptation, innovation and survival in the business world through finding and purchasing the products and services that your business needs to take you to the next level. .

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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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Inflation not expected to dampen Halloween plans or spending

RetailWire

Sixty-nine percent of Americans plan to celebrate Halloween this year, up from 65 percent in 2021, according to the National Retail Federation. That will translate into $10.6 billion being spent on the holiday, up from $10.1 billion last year.

Retail 52
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Interior Decor: What’s Trending And What’s Ending?

365 Retail

There have been a few consistent interior decor trends over the years that have held firmly onto their top spot on the home decor trend charts. Think of your grey walls, neutral colour schemes, dried flowers, or funky wallpaper that jumps out at you. Now, there are new kids on the block, like patterned lvt flooring , sage and brown walls, wicker interiors, and pretty much anything that’s the opposite of what the trends have been up until now.

Arts 52
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Amazon seeks to hire 150K seasonal workers

RetailWire

Amazon.com said it plans to hire 150,000 seasonal workers to help meet shipping demand during the Christmas selling season. The retail and technology giant is taking this step after choosing to close, delay opening or abandon warehouses around the country as sales have slowed due to inflationary pressures.

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Walmart rolls out October holiday deals event

RetailDive

The retailer joins other large companies in starting holiday sales early as consumers alter their shopping habits in response to inflation.

Events 52
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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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REI gives employees Black Friday off forever with pay

RetailWire

REI has closed on Black Friday for seven consecutive years. There won’t be any reason to keep count after 2022. The outdoors product retailer said that it will close every year on the day following Thanksgiving. The day is a corporate paid day off for REI employees.

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Commercetools Adds B2B Functionality to its Core Platform

Retail TouchPoints

Headless commerce provider commercetools has added B2B functionalities to the core offering of commercetools Composable Commerce. commercetools Composable Commerce for B2B provides access to the company’s full API portfolio, with the goal of allowing users to create and customize experiences necessary for their specific business model rather than having to tailor them to an out-of-the-box solution.

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Peloton is cutting another 500 jobs

RetailWire

Peloton is eliminating another 500 jobs after multiple rounds of layoffs earlier in the year. The fitness equipment company’s CEO Barry McCarthy said that “restructuring is done” with the latest round of cuts so that Peloton can remain “focused on growth.” The company recently announced deals with Amazon.com and Hilton Hotels to drive sales and broaden its reach with consumers.

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Dreamforce 2022 in Review: 10 Highlights for Retailers to Learn From

RetailMinded

Salesforce came to life 23 years ago in a San Francisco apartment by Founder and current Co-CEO Marc Benioff. Dreamforce, its annual event created to bring together the global Salesforce community for learning, community building, fun, and philanthropy, found its conception 20 years ago. And this year, I was able to experience Dreamforce for my very first time – ultimately discovering just how impactful both Salesforce and Dreamforce are to their partners and brands alike. .

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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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Alcoholic beverages may need to reveal drink ingredients

RetailWire

The Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau is considering changes to the way that manufacturers label their alcoholic beverages, including requiring a list of ingredients and allergens. The Beer Institute said 95 percent of the beers sold by its members already disclose disclosing calorie, nutrition, ingredients and serving information.

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Retail technology evolves: From POS to omnichannel ecosystem

iVend

iVend Retail Ecosystem Get the synergy flowing in your retail business. Learn more about iVend’s integrated retail technology platform. Read more Technology is an established essential in retail. A retail business without a point of sale system seems unthinkable. Retail technology drives growth, through enhanced customer experience and increased sales.

POS 97
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McD’s workers say customers are ‘going crazy’ over adult happy meals

RetailWire

Consumers are flocking to McDonald’s to get their new adult Happy Meals and some members of the fast food giant’s frontline are started to crack under the pressure. “We ran out of boxes the first day we had them, ran out of toys the second, and on the third day we had to say the truck doesn’t come till tomorrow,” wrote one worker on the subreddit.

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Consumers demand brands get personal as they reject age-based labels and stereotypes, Adobe Research reveals

365 Retail

Today, Adobe announced new research revealing the growing importance of brands understanding customers on a personal level –?and interacting with them as individuals, in real-time – as fewer than one-third of consumers (31%) believe labels such as “Millennial” and “Gen-Z” are still helpful and relevant. Rejecting age-based stereotypes, 76% of respondents say they are unique individuals with diverse mixes of tastes and preferences that continue to evolve, rather than feeling defined by the genera

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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.