Thu.Apr 11, 2024

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Low AIQ Threatens Employees, Customers, And Your AI Initiatives

Forrester eCommerce

The bright light of AIQ shines in this office. Image source. Low AIQ Undermines Your AI Ambitions If you’re like most leaders we speak with, you’re still figuring out generative AI and other AI solutions for employees. You’re also underestimating the amount of training and upskilling your employees need to productively use these tools.

Customer 488
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Retailers Get Real with AI: Four AI-Powered Apps We’ll See this Year

Retail TouchPoints

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% said it reduced operating costs. With these kinds of results, it is no wonder 81% of retail leaders feel an urgent need to deploy AI this year, according to a Google report.

Retail 283
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Intel Bets On AI Everywhere And Demand For Smaller, Targeted LLMs

Forrester eCommerce

Tech leaders are rethinking their strategic partnerships because silicon matters again. Whether your infrastructure is in the cloud, on-premises, or at the edge, or any combination thereof, the accelerators and specific features in your silicon can make an enormous difference to what you can do with AI and how quickly you can roll it out.

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Bark Ups the Ante in Petcare with Debut of Airline for Dogs

Retail TouchPoints

Omnichannel dog brand Bark has partnered with a jet charter company to launch Bark Air , an air travel experience designed “for dogs first and their human companions second.” Bark Air aims to take the white glove experience of a human’s first-class flight and redirect all that pampering to pooches — from booking and arrival to in-flight services and disembarkation, dogs will be the VIPs and treated to a “luxurious, curated experience.

Travel 238
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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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Building A Zero Trust Roadmap: A Practical Guide

Forrester eCommerce

ZT strategies are often undermined by overly ambitious or haphazard implementation plans that ultimately become incomplete projects and end up stalling or getting scrapped. Successful zero trust implementations tackle fundamental organizational and technology problems before embarking on ambitious transformation projects.

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Is Shein Legit And Safe? Read This Before You Buy

My Wife Quit Her Job

Over the years, Shein has become the go-to online retailer for fashionable and affordable clothing. But is Shein legit and safe to shop from? What can you buy there and is Shein an ethical company? Shopping from Chinese stores like Shein comes with its own set of challenges, including delays in shipping, subpar customer support, and sometimes poor quality items.

Fashion 214

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Andy Jassy says Amazon will deepen investments in generative AI

RetailDive

Jassy described the tech as “the largest technology transformation since the cloud” or the internet, and said the company is “optimistic” it will be built on top of AWS.

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Fanatics Unveils Plans for Multi-Sport Fan Event in NYC: ‘Sports Fans Deserve a Place to Gather’

Retail TouchPoints

Digital sports platform Fanatics is moving into the physical world in a big way with its first Fanatics Fest NYC , to be held at the Javits Center Aug. 16-18, 2024. In addition to appearances by sports legends like Peyton and Eli Manning, Derek Jeter, Hulk Hogan and WNBA superstar Sabrina Ionescu, the three -day event will include collectible-themed livestreams, a retail “superstore” selling a wide range of sports-themed merchandise and exclusive apparel collaborations with top brands and tradin

Events 147
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How Brands Can Keep Up With Retailer Requirements | Salsify

Salsify

Listing products with multiple retailers opens your business up to a wider pool of customers and increases visibility across your product range — all good things.

Retail 88
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Rent the Runway turns to resale, advertising in renewed growth push

RetailDive

The apparel rental service beat expectations in Q4 and struck a note of confidence, saying its restructuring earlier this year wasn’t just about cuts.

Apparel 103
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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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Aston Manor launches retailer competition

TalkingRetail

To recognise the return of 'Straight Outta Crumpton’ to screens this spring, Crumpton Oaks brand owner Aston Manor Cider is launching a retailer competition. The prize package will include a Crumpton Oaks branded chiller worth over £2,000, along with stock of the apple cider brand.

Retail 96
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New Starbucks Drinkware Collection for Mother’s Day

RetailWire

Just ahead of Mother’s Day, Starbucks is rolling out a new assortment of drinkware, catering to various tastes with prism and floral designs.

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Consumer spending boost predicted for second half of the year 

TalkingRetail

Grocery spending, up just 2.7%, recorded its slowest growth since September 2022, due to falling food price inflation, which reached its lowest level (5.0%) since January 2022, according to Barclays.

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Reimagining Retail Loyalty Programs for the Future

Wiser

In the fiercely competitive retail landscape, loyalty programs stand as a pivotal point of differentiation. The 2024 outlook underscores a strategic pivot toward crafting loyalty programs that not only incentivize but also personalize the shopping experience, drawing on trust and engagement as key drivers. Incorporating the latest feedback from Wiser customers, we delve deeper into the nuanced strategies retailers and Direct-to-Consumer (D2C) brands are employing to align with current shopper tr

Retail 78
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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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SEO Takeaways from SGE’s Partial Rollout

Practical eCommerce

How will Google's Search Generative Experience impact organic listings? The post SEO Takeaways from SGE’s Partial Rollout appeared first on Practical Ecommerce.

SEO 91
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Adapting to Change: How Technology Is Changing Retail Pricing Strategies

Wiser

Retailers employ a variety of pricing strategies to stay competitive, optimize profits, and meet customer expectations. These strategies are influenced by numerous factors, including market dynamics, customer behavior, and technological advancements. This discussion delves into different pricing strategies, their frequency of use, implementation challenges, and the role of technology in enhancing pricing optimization.

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Pringles & Crocs Unveil Chip-Inspired Shoe Collection

RetailWire

Crocs, known for its quirky collaborations, has partnered with Pringles to introduce a lineup of footwear that doubles as snack storage.

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Shein has copyright infringement ‘baked into’ its business model: class action lawsuit

RetailDive

The complaint is the latest to claim the fast fashion company steals designs from independent artists.

Fashion 112
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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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Best Salon POS System For Salon Businesses

Korona

This blog post explores some of the best salon POS software. Read on to learn more. The best salon POS systems for businesses are.

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Athletic Brewing collaborates with Walker Hayes for new nonalcoholic beer

RetailDive

The country singer and brewing company partnered for the release of Fancy Like, named after Walker’s song of the same name.

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Gen Z Faces Financial Anxiety Despite Strong Job Market

RetailWire

Gen Zers are facing financial anxiety despite entering one of the strongest job markets in U.S. history.

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Qurate Retail Group promotes CFO to expanded role

RetailDive

Bill Wafford has taken on the additional position of chief administrative officer and will oversee the company’s transformation office.

Retail 91
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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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Navigating Sustainability in Retail: Greenwashing, Regulations, and Data-Driven Strategy

Dynamic Action

Summary The fashion industry contributes significantly to sustainability challenges, with high carbon emissions and widespread greenwashing practices. Increased regulations are pushing retailers to adopt genuine sustainability practices, requiring tangible changes and transparency throughout the value chain. Retailers should invest in sustainable materials, enhance transparency, and utilize technology to substantiate sustainability claims and build consumer trust.

Fashion 62
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TikTok’s Parent Company Sees 60% Revenue Growth in 2023, Exceeding Competitors

RetailWire

ByteDance, the parent company of TikTok, saw a 60% spike in revenue last year.

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One Stop further expands fresh range

TalkingRetail

Last October, One Stop extended its fresh food offering with its first range reset in over two years. Five months on, the convenience retailer has expanded its range even further, bringing in another 39 products to their stores.

Retail 59
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FCC Requires New Internet ‘Nutrition Labels’

RetailWire

Broadband internet providers are unveiling new disclosures to align with the Federal Communications Commission's (FCC) latest regulations.

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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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Dike & Son reaches £100,000 donation milestone through MADL

TalkingRetail

Independent retailer Dike & Son has now donated over £100,000 to local community causes through Nisa’s Making a Difference Locally (MADL) charity.

Retail 59
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Chipotle Tees Up Green Burrito Wrappers for Masters Week

RetailWire

Chipotle has announced a new promotional stunt for golf's biggest event, the Masters Tournament. In a move sure to thrill both golf fans and burrito enthusiasts alike, Chipotle is rolling out limited edition green-foil-wrapped burritos at one of its outlets in Augusta, Georgia, where the tournament is taking place.

Events 52
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Unlock 50% Off Your First Order with Faire | A Wholesale Marketplace

RetailMinded

As an independent retailer, we know you’re always on the lookout for exciting new brands and opportunities to grow your business. That’s why we’re thrilled to introduce you to Faire – the wholesale platform that simplifies how unique brands and retailers like you grow together. Here’s why Faire’s marketplace is the perfect fit for you: One-Stop Shop: Access a diverse range of brands with data-driven recommendations tailored to your unique needs.

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New 79-Foot Sailing Catamaran Sets Sail

RetailWire

Ponant, the renowned French cruise line, is making waves again with the introduction of the latest addition to its fleet: the Spirit of Ponant. This 79-foot sailing catamaran is poised to redefine luxury cruising, offering an intimate and personalized experience on the high seas.

Travel 52
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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.