Fri.Dec 16, 2022

article thumbnail

Lowe’s Employs RFID, Blockchain to Combat Retail Theft

Retail TouchPoints

Lowe’s has unveiled a new solution, developed in its Innovation Labs division, designed to combat retail theft in way that is invisible to customers through the use of RFID chips and the blockchain. Called Project Unlock , the new technology combines low-cost RFID chips and IoT sensors to activate power tools at the point of purchase while also creating a secure, publicly accessible and anonymized record of legitimate purchases on the blockchain.

Retail 355
article thumbnail

What Q3 2022 Tech Services Earnings Mean For Technology Executives

Forrester eCommerce

Forrester has analyzed the Q3 2022 earnings announcements of a basket of leading public companies that provide technology services, including Accenture, Capgemini, Cognizant, EPAM, IBM Consulting, Infosys, TCS, and Thoughtworks. These announcements provide insights and valuable implications from which all technology executives can benefit. Here are some of the key points we heard and inferred: […].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AWS, Meta, Microsoft Join Forces to Challenge Google’s Mapping Dominance

Retail TouchPoints

Amazon Web Services (AWS) , Meta , Microsoft and mapping and location solution TomTom are the founding members of a new collaborative effort to develop a set of shared, open and interoperable map data in order “to create a living digital record of the physical world.”. Some might argue that record already exists in the form of Google Maps , but that is largely the point of the new initiative — to take control of this important tool (used by billions of businesses and consumers every day for a mu

article thumbnail

What is CPQ (Configure, Price, Quote)? Does your business need it?

FastSpring

Finding the right tools to streamline your sales processes can be key to running a more successful and profitable sales operation. One popular solution for managing and automating parts of the sales process is by using CPQ (Configure, Price, Quote) Software. However, what is a CPQ and what are its primary benefits? And most importantly, does your business need it?

article thumbnail

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.

article thumbnail

Next Phase of Wish Turnaround to Focus on Reducing Shipping Costs

Retail TouchPoints

As discount shopping app Wish continues its comeback effort , parent company ContextLogic outlined its plans for 2023 at a summit for its merchants — including a major overhaul of the platform’s shipment pricing structure in order to bring down shipping costs for customers. Not too long ago, Wish was the top shopping app in the world , but eventually the very thing that helped it grow so large so quickly — shockingly cheap products — was also what caused it to lose favor with shoppers: when thos

article thumbnail

November retail sales show the holidays mean heavy promotions this year

RetailDive

Consumers are spending, but they are keen on getting deals, and retailers are slashing prices as the holiday season winds down.

Retail 137

More Trending

article thumbnail

Toy retailers turn to discounts to drive holiday sales, clear inventory

RetailDive

Themed Lego sets and movie-related action figures are selling well, while board games and Nerf products are down, according to Jefferies analysts.

Toys 104
article thumbnail

Expanding the ‘Digital Closet’: Warner Music Group Invests in DressX

Retail TouchPoints

Warner Music Group (WMG) will partner with and invest in digital fashion retailer DressX , gaining a platform for select WMG artists to design their own virtual fashion lines. These artists will collaborate directly with DressX to design and launch 3D and AR virtual clothing that their fans can collect across Instagram, Snapchat and other platform partners.

Fashion 289
article thumbnail

The Weekly Closeout: Build-a-Bear enters Roblox and Torrid partners with ThredUp

RetailDive

The toy company is launching a game where users can become business tycoons, and the DTC apparel company announced a resale program.

Toys 99
article thumbnail

Meijer Partners with Uber to Expand On-Demand Grocery Delivery Across Midwest

Retail TouchPoints

Meijer is expanding on-demand delivery offerings through a partnership with Uber and Uber Eats at nearly 250 of the retailer’s locations across Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin. Customers can choose same-day delivery for items including fresh produce, prepared meals and holiday staples while shopping on the Uber Eats app, and these Meijer locations also will be featured within the Uber Holiday Shop. “Meijer is known for freshness — fresh food, fresh thinking and a

Banking 278
article thumbnail

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.

article thumbnail

PVH hires new Calvin Klein global brand president

RetailDive

Eva Serrano’s appointment is an “important next step” in PVH’s multi-year strategic growth plan, according to its CEO.

94
article thumbnail

E-Commerce Calendar 2023: Essential Dates for January-June

ChannelAdvisor

In the busyness of holiday campaigns and end-of-year wrap-ups, it’s tempting to leave 2023 planning on the backburner. But a whole new set of spring holidays will be here before you know it — and the early bird gets the worm. While 2021 and 2022 planning were characterized by pandemic considerations and an unprecedented e-commerce boom, marketers in 2023 have economic uncertainty and more marketplace competition than ever to contend with.

article thumbnail

FTC hints at updating environmental claim guidelines

RetailDive

The agency acknowledged that consumer interest in more sustainable retail products has risen since it last updated its “Green Guides” in 2012.

article thumbnail

A Look Back on 2022 + What’s to Come in 2023

ChannelAdvisor

The last three years of e-commerce have been anything but predictable. First, there was the pandemic, sending demand skyrocketing and forever securing e-commerce as a top consumer channel. Then came major shortages, causing delays and shopper frustration. Now, consumers are strapped for cash in the midst of inflation, and we’re headed for a recession. .

article thumbnail

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.

article thumbnail

Former Amazon Prime Video exec launches video commerce app

RetailDive

Alex Perez-Tenessa said Trendio was created because “traditional e-commerce wasn't working for customers.

article thumbnail

E-Commerce Calendar 2023: Essential Dates for January-June

ChannelAdvisor

In the busyness of holiday campaigns and end-of-year wrap-ups, it’s tempting to leave 2023 planning on the backburner. But a whole new set of spring holidays will be here before you know it — and the early bird gets the worm. While 2021 and 2022 planning were characterized by pandemic considerations and an unprecedented e-commerce boom, marketers in 2023 have economic uncertainty and more marketplace competition than ever to contend with.

article thumbnail

Amazon signs deal to produce Warhammer shows and sell merchandise

RetailWire

Amazon.com has reached a deal with Games Workshop to develop film and television productions based on its Warhammer science fiction video game. It will also sell merchandise connected to the franchise. Amazon spends billions on its Prime Video Streaming service, a key component of its Prime membership plan.

article thumbnail

Best Way to Increase ROI With Product Information Management (PIM)

Digital Doughnut

Today, organizations cannot digitally thrive without high-quality, trusted, and up-to-date product information. A PIM system is essential for businesses with large or complex product catalogs, multiple sales channels, or strict quality control requirements.

article thumbnail

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.

article thumbnail

Walmart CEO sees high prices persisting in center store categories

RetailWire

Walmart CEO Doug McMillon said that grocery inflation is not evenly distributed. “What we’re seeing is that if you take the fresh food categories, commodities, things like proteins, things are starting to move. Chicken right now is more expensive, but beef is down. Fruit and vegetable is in pretty good shape,” he said. “But dry groceries, consumables is where we’re seeing the most stubborn and persistent inflation, mid-double-digit inflation.

article thumbnail

LightInTheBox Review: Is It Legit And Safe To Buy From?

My Wife Quit Her Job

If you look at LightInTheBox reviews online, you'll often find customers complaining about late deliveries and poor-quality merchandise. But does that mean that LightInTheBox isn't a good place to source products? In this LightInTheBox review, I'll let you know if LightInTheBox is safe and reliable, and I'll share some tips for a smoother LightInTheBox buying experience.

article thumbnail

Amazon to change business practices in deal with EU regulators

RetailWire

Amazon.com has agreed to give makers of rival products equal access on the e-commerce platform as part of an agreement with European regulators, according to people with knowledge of the deal. It has also agreed to not use data from third-party marketplace sellers to inform its own offerings.

article thumbnail

How Technology is Helping Retailers Through the Labor Shortage

Retail TouchPoints

As the world recovers from the pandemic and consumers return to the high street, retailers are eager to capitalize on the increased footfall by providing an exceptional in-store experience. Even though COVID-19 has been in effect for more than two years, one barrier that the retail sector is still attempting to overcome is the resulting labor shortage.

article thumbnail

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.

article thumbnail

Twitter suspends journalists from major new outlets

RetailWire

Twitter said that it has suspended the accounts of journalists from CNN, The New York Times, Voice of America, The Washington Post and others. The social media site’s owner, Elon Musk, said in a tweet that the journalists were sharing details about his whereabouts and that these reports amount to “assassination coordinates” for those who would do him or his family harm.

article thumbnail

Google’s Former Chief Evangelist Shares the Secret to Ecommerce Profitability

Retail TouchPoints

It’s hard to turn a profit in ecommerce, and for a long time that didn’t matter. But as ecommerce has become a more prominent contributor to retailers’ bottom lines, and the cost of doing business online gets more expensive (think rising shipping costs and increasing returns), the mere existence of an ecommerce operation is no longer enough — retailers now have to find a way to make money online.

eCommerce 321
article thumbnail

Taco Bell tests new Mexican Pizza items

RetailWire

Taco Bell is testing two new varieties of its popular Mexican Pizza including a Cheesy Jalapeño Mexican Pizza in Oklahoma City and a Triple Crunch Mexican Pizza in Omaha. The restaurant chain sold 20 million Mexican Pizzas after it put the item on the menu in May.

Article 40
article thumbnail

How Much Does a Liquor License Cost in Florida?

Korona

Opening a business selling alcoholic beverages is quite unique in the sense that the owners must first obtain a liquor license. In addition, each state has many policies regulating the sale and distribution of alcohol. Although Florida is not one of the alcohol control states , obtaining a liquor license is easier said than done in the Sunshine State.

article thumbnail

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.

article thumbnail

Zellers banks on nostalgia to attract curious Canadian shoppers

RetailWire

Zellers closed down most of its stores in Canada a decade ago, shuttering the last of them in 2020. The retailer is planning a comeback and hoping that memories of what it once was will be enough to get Canadians to give it another try.

Banking 40
article thumbnail

Nilesh Kataria Talks About His Journey Of ‘Speak To Uplift’

Ecommerce Guru

Nilesh Kataria, an entrepreneur from Punjab, believes in growing by lifting others. Running multiple successful businesses, he is a proud […]. The post Nilesh Kataria Talks About His Journey Of ‘Speak To Uplift’ appeared first on Ecommerce Guru.

article thumbnail

Starbucks baristas plan three-day strike

RetailWire

More than 1,000 baristas working at 100 Starbucks across the country are planning a three-day strike as part of their effort to unionize more stores. The workers said they are protesting insufficient staffing and poor management at Starbucks’ stores.

article thumbnail

10 product launch email examples [+what they did right]

Omnisend

Reading Time: 13 minutes. When you’ve created a great product, all that needs to be done is promoting it to get customers. But, that’s easier said than done. According to Clayton Christensen , professor at Harvard Business School, most product launches fail. The key, however, lies in marketing the product launches well. That’s where product launch emails come in.

Outdoor 60
article thumbnail

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