Wed.Nov 30, 2022

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Beef Up Perimeter Security to Enhance Loss Prevention and Safety

Retail TouchPoints

While statistics show that most types of property crime are decreasing, one important (and costly) sector — organized retail crime (ORC) — continues to rise across the country, according to the National Retail Federation. Retailers are actively seeking enhanced security technologies to mitigate risks and prevent theft before it happens. In-store measures like increased security presence and surveillance can be helpful, but law enforcement and security personnel should focus on preventing theft a

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Benchmarks Help European IT Leaders Make Critical Investment Decisions

Forrester eCommerce

Benchmark data can support the decision-making process, but it can also mislead and bring decision-makers to the wrong conclusions. My recent report, 2022 IT And Digital Budget Benchmarks, Europe, presents relevant benchmark figures to support European technology leaders’ decisions. What To Expect From This Report European IT leaders ask plenty of questions about benchmarking.

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Exclusive Q&A: M.M. LaFleur Designs Boutiques to Promote ‘Individual Customer Discovery’

Retail TouchPoints

Photo courtesy of M.M. LaFleur. Photo courtesy of M.M. LaFleur. Photo courtesy of M.M. LaFleur. Photo courtesy of M.M. LaFleur. Photo courtesy of M.M. LaFleur. Photo courtesy of M.M. LaFleur. Seeking to grow beyond its appointment-driven showroom model, womenswear brand M.M. LaFleur began with the September 2022 opening of a 550-square-foot store on the Upper East Side of Manhattan.

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Does My RO&I Or Sales Engagement Platform Need To Be Native To Salesforce?

Forrester eCommerce

Have you considered buying a revenue operations and intelligence (RO&I) or sales engagement platform? If so, you’ve likely seen vendors touting the benefits of their native Salesforce capabilities. That’s a good thing, right? Most clients I’ve spoken with believe a native application is a positive feature. Vendors know this and look for any opportunity to […].

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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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Whole Foods Among First Retailers to Implement AWS Supply Chain Solution

Retail TouchPoints

Amazon Web Services (AWS) has announced a preview of AWS Supply Chain, a new application designed to help businesses increase supply chain visibility to make faster, more informed decisions that can mitigate risks, lower costs and improve the customer experience. The service already is being used by retailers including Lifetime Brands , Traeger Grills and Whole Foods Market.

Supplies 278
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35 New Year email subject lines for fun, creative, & engaging emails

Omnisend

Reading Time: 9 minutes. The holidays are here with us and everyone is looking forward to spending quality time with their friends and family. As a business, this is a great time to reach out to your customers and wish them well. You can also use the festivities to launch an email campaign to let customers know about your offers and drive sales. It’s been established that customers spend more during the holidays than any other time of the year.

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How To Connect Your Shopify Store To Google Merchant Center

Store Growers

Being able to target Google’s massive user base can be a recipe for success for many Shopify stores as it allows you to get more visibility for your products. The easiest way to get started with Google Ads is on Google Shopping. And that journey starts with connecting your Shopify store to Google Merchant Center. What is Google Merchant Center? Google Merchant Center is a free tool by Google that lets you manage the connection to your ecommerce platform to connect all of your products data to Go

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Thanksgiving Weekend Recap: Foot Traffic, Mobile Usage Rise as Nearly 200 Million Shoppers Seek Deals

Retail TouchPoints

Shopper turnout for Thanksgiving Weekend handily exceeded expectations — a record 196.7 million shoppers went shopping for great deals, compared to 179 million in 2021 and 30 million more than the projected turnout of 166.3 million , according to the National Retail Federation (NRF). The growth was in line with an equally successful digital weekend, capped off by a total of $11.3 billion in sales on Cyber Monday, representing 5.8% growth year-over-year, according to Adobe Analytics.

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H&M slashes 1,500 jobs in cost-cutting effort

RetailDive

The fast-fashion retailer, whose profits have been hit by rising prices and a strong dollar, said its expense reductions will save close to $190 million each year.

Fashion 104
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Kroger, Albertsons Execs Defend Merger to Senate Committee, Say Consolidation is Needed to Compete with Walmart and Amazon

Retail TouchPoints

Top executives from Kroger and Albertsons defended their proposed merger at a congressional hearing, saying the combined company would be in a better position to compete with grocery giants Walmart , Costco and Amazon. Critics of the nearly $25 million deal testified that it would worsen food deserts and lead to higher prices. Since the merger was first announced in October it has faced steady pushback from consumer groups and legal entities, with opponents claiming that combining the two larges

Supplies 246
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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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Take a look inside H&M’s latest store experience

RetailDive

A first of its kind for the brand, the Williamsburg, Brooklyn, destination is over 7,000 square feet and community focused.

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Vallarta to Implement Integrated Inventory Management Solution

Retail TouchPoints

Vallarta Supermarkets will implement Logile IMS, an inventory management solution that will allow the Southern California regional supermarket chain to manage orders and receiving while also handling in-store production and service, via integration with the retailer’s forecasting and workforce management solutions. By adopting all 16 IMS modules, Vallarta will better serve its customers through: Vendor and item management; Order management; Recipe management; Production planning; Shrink manageme

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Study shows four-day workweek boosts productivity and performance

RetailWire

Thirty-three companies participating in a four-day workweek study found that workers were less stressed and more productive compared to their previous five-day schedules. The companies, most of which were based in the U.S. and Ireland, saw revenues increase 38 percent year-over-year. Jon Leland, chief strategy officer for Kickstarter, which participated in the study, said, “The four-day week has been transformative for our business and our people.

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Introducing The Streaming 100

Digital Doughnut

Candyspace's Managing Director, Matt Simpson, introduces The Streaming 100 - In partnership with the experts at VOD Professional, Candyspace evaluated over 200 digital products that each have a significant streaming element to their product from video streaming services to online newspapers and sport team apps.

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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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Bass Pro Shops attracts visitors with hotel mashup

RetailWire

Bass Pro Shops is a magnet for those who love to fish and hunt. Its store in Memphis, TN, now includes a hotel lodge designed to build on the brand’s mystique. “You can meet somebody at the bar and talk about the elk you shot or the bass you caught and it’s not weird,” said Jan Freitag, national director of hospitality analytics for CoStar Group.

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NRF: Record 197M consumers shopped from Thanksgiving to Cyber Monday

RetailDive

Some consumers started shopping earlier than Thanksgiving weekend as retailers kicked off holiday deals in October, the trade group found.

Consumer 108
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Cyber 5 2022: Amazon category winners

Profitero

It was another record-breaking year for the Cyber 5 shopping event with consumers spending $281 billion globally during Cyber Week (source: Salesforce ) — up 2% from last year. Black Friday brought in $65.3 billion globally while Cyber Monday accounted for $46.2 billion in online sales. To better understand consumer demand, we analyzed the top 25 Movers & Shakers* across 12 categories on the world’s largest eCommerce retailer.

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Foot Locker retools C-suite under Mary Dillon

RetailDive

The retailer brought on another Ulta veteran in Frank Bracken, who is set to become its new COO, while the company’s CFO is headed out.

Retail 103
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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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Strikes and slashed budgets force stores to pull back their Christmas order dates

365 Retail

The home delivery expert ParcelHero says many stores have now pulled back their order dates for Christmas deliveries. Canny shoppers are abandoning expensive express services while strikes threaten to disrupt deliveries. This has led to some dramatic changes in retailers’ final order dates to ensure gifts don’t miss the big day. ParcelHero’s Head of Consumer Research, David Jinks M.I.L.T., says: ‘Many of our favourite stores have woken up and smelt the eggnog and are rapidly dragging back their

Gifts 72
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Lacoste launches virtual store with NFT-holder perks

RetailDive

The partnership with Emperia comes as more retailers and brands look to the metaverse for revenue on digital and physical goods.

Retail 106
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Camden Market partners with Good Sixty for debut online retail platform

365 Retail

LabTech , owner of the world-famous Camden Market, has announced the launch of its partnership with Good Sixty , the sustainable online marketplace for independent retailers and producers. Forty of Camden Market’s traders have signed up with nearly 2,000 products on offer, representing the first retail-only platform from Good Sixty. The partnership unites Camden Market’s traders, helping them to sell online together in a way that they could not achieve independently.

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Struggling consumers turned to financing for holiday shopping: report

RetailDive

Buy now, pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders.

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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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Kingfisher Chooses Google Cloud as Catalyst for Growth and Innovation

365 Retail

Today, Kingfisher, the international home improvement company, and Google Cloud announced a new, five-year strategic partnership to enhance Kingfisher’s digital capabilities as it helps usher in retail’s next digital age. With more than 1,500 stores internationally, 80,000 full-time colleagues, and a brand portfolio that includes B&Q, Castorama, Screwfix, Brico Dépôt and Koçta?

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Nike, Lululemon are early holiday winners: report

RetailDive

Prior to Black Friday, both athletics retailers were seeing double-digit spend growth.

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Kurt Geiger launches on Secret Sales

365 Retail

Secret Sales , the premium non-full-price marketplace for fashion, sportswear and beauty brands, today announced its partnership with Kurt Geiger Limited , the luxury British footwear and accessories brand. The move allows the footwear brand to drive sales from markdown and promotional inventory alongside its new ‘made for outlet’ range through Secret Sales’ unique, premium marketplace.

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Predictions 2023: Evolving Risks And Recession Fears Will Redefine Insurer Strategies

Forrester eCommerce

The global insurance industry will face a challenging market in 2023, with policy lapses, lower IT spending, and insurtech turbulence.

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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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Watchfinder & Co. to launch own marketplace in 2023

365 Retail

Preowned watch specialist Watchfinder & Co. has announced that it will be expanding its offering with the launch of a marketplace in 2023. The rollout will begin in the UK in the spring, followed by its key international markets which include the US, France, Germany and Switzerland. . Watchfinder’s marketplace plans to provide customers with access to an even wider selection of pre-owned luxury watches without compromising the high standards the business has built up over the last 20 years.

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Eliminate Margin Leakages with the Price Waterfall

IntelligenceNode

What is the Price Waterfall? The “Price Waterfall” is a price optimization tool (or technique of analysis) that allows businesses to identify hidden costs. It is used to calculate the. The post Eliminate Margin Leakages with the Price Waterfall appeared first on Blog.

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Ways To Become An Ecommerce Specialist In Delhi

Ecommerce Guru

All of us are fascinated by the flourishing ecommerce industry. And many of us would like to begin a career in it. Right? You can turn into an expert ecommerce specialist in Delhi. And one of the most important considerations is the level of education that is required. Before deciding to become an ecommerce professional in India, you must first understand what it encompasses.

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How Brands Can Reduce and Avoid Excess Inventory in 2023

ChannelAdvisor

A variety of global economic trends have caused excess inventory to become a very topical issue for brands and retailers. But it’s an issue with no easy remedy because the specific challenges and solutions are dependent on so many factors: your industry, your specific products, your region, your relationships with channel partners and, not least of all, your profit margins. .

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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.