Fri.May 27, 2022

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What’s Next For The Booming Retail Media Market

Forrester eCommerce

Welcome to the retail media boom. In the past 18 months, dozens of major retailers launched their own retail media networks while established players planned for expansion, self-service marketplaces, and in-house capabilities. And we don’t see this growth slowing anytime soon. In our just-published forecast, we estimate that retail media ad sales in the US […].

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H&M to Test Smart Mirrors and Enhanced Checkout Tech at COS Stores in the U.S.

Retail TouchPoints

H&M Group is rolling out a pilot of several new tech-enabled in-store shopping solutions at COS stores in the U.S., including new payment and checkout options, personalized styling facilitated by smart mirrors and upgraded delivery and return options. COS (which stands for Collection of Style) is owned by H&M and currently operates 13 locations across the U.S.

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Time For Sellers to Exit the Activity Capture Game

Forrester eCommerce

Capturing and analyzing buyer/seller interactions are the key to generating useful sales insights. Understanding what is happening across all interactions within each opportunity’s buying cycle is critical to delivering actionable insights for sellers that result in winning more deals. This has been the holy grail for sales leaders who have struggled for years to get […].

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WSJ: Apple Raises Starting Associate Pay to $22/Hour Amid Rising Inflation

Retail TouchPoints

Apple is reportedly planning to boost starting pay for U.S. store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal. The increase would make starting salaries 45% higher than they were in 2018 as the retailer faces the challenges of a tight labor market and a unionization push. The change would be part of a wider effort to increase compensation across the company.

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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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Dr Esho launches social media ready clinic in brand new FLANNELS store

365 Retail

This week, ESHO., the clinically inspired and doctor led cosmeceutical brand from Dr Tijion Esho MD, is opening a dedicated ‘tweakments’ space in the UK luxury retailer FLANNELS. Coinciding with FLANNELS launching a brand new space in Liverpool in June, ESHO products will be available to purchase in person for the first time, alongside the new one of a kind clinic.

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Gamified Training Boosts Brand’s Appliance Sales 26.2%

Retail TouchPoints

As consumer appliances grow ever more sophisticated, it can be a challenge for retail salespeople to stay up to speed on every high-tech element blinking, beeping and buzzing in the latest washing machine or dryer — but it’s essential. Consumers visiting brick-and-mortar stores, particularly those in the market for big-ticket items, want store associates both to help them understand exactly what they’re paying for and connect them with the model that fits their needs and budget.

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Saks OFF 5th Launches New Loyalty Program

Retail TouchPoints

Off-price luxury retailer Saks OFF 5 TH has launched its OFF 5 TH Rewards loyalty program. Members will accrue points from every purchase in stores, through SaksOff5th.com and via the Saks OFF 5 th mobile app , with 500 points generating a $5 award redeemable in-store or online. Members will fall into one of three OFF 5 th Rewards program tier groups depending on their annual spend : Star (spending $0 to $299 ): two points for every dollar spent, a birthday reward and access to bonus promotions;

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SEO and Social Media: How to Make Them Work Together

Digital Doughnut

Business owners new to digital marketing often think that social media and SEO are distinct entities and operate with different goals. However, this is a misconception that needs to be broken.

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Facebook Ads Best Practices – Your Updated Ad Guide

Omniconvert

See how to nail your Facebook ads, survive surging costs and acquire high quality customers for your business. The post Facebook Ads Best Practices – Your Updated Ad Guide appeared first on Omniconvert Ecommerce Growth Blog.

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The Best Dropshipping Business Ideas To Make Money in 2022

eCommerce CEO

Congratulations, you want to start a dropshipping business! Maybe you’re stuck on dropshipping business ideas or don’t know where to start. Don’t worry; this article. Read more.

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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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Increase Your Practice Revenue Through Digital Marketing

Digital Doughnut

This article discusses ways to increase your healthcare practice revenue using online digital marketing to generate more new patient acquisitions.

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How to Sell on eBay for Beginners in 2022

eCommerce CEO

eBay is an online marketplace that connects buyers and sellers across the globe. Since it was established in 1995, eBay has become one of the. Read more.

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Could Gap Inc. spin off Athleta?

RetailDive

An abandoned plan to separate Old Navy a few years ago showed that breaking up is hard to do. But the conglomerate's troubles may call for it.

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Instacart reports surge in infant formula searches

RetailWire

Searches for infant formula on Instacart’s platform reached a record high in mid-May as parents looked for food to feed their babies. The increase is searches did not, however, translate into higher sales as out-of-stocks in the category remain common in the face of a national shortage.

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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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Top Ecommerce B2B Marketplaces In India

Ecommerce Guru

The B2B ecommerce market is rapidly broadening in India as an aftermath effect of the pervasive Covid-19. In the past few years, the restricted movements and frequent lockdowns have forced several manufacturers and merchandisers to grasp technology for their business, which has turned out to be beneficial in terms of revenue. Must Read: The Ultimate Guide To Headless Commerce This blog will discuss the top online B2B ecommerce marketplaces in India.

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Retailer earnings show the reality facing low and higher income consumers

RetailWire

The economic haves and have-nots are going their separate ways at retail. Lower income consumers are limiting their purchases to everyday staples while the more affluent are spending on non-essentials.

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The Weekly Closeout: American Girl jumps on the podcast bandwagon

RetailDive

Meanwhile, Stitch Fix named a new head of marketing and Dollar General workers traveled to its annual shareholder meeting to protest working conditions.

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New owner looks to bring Bon-Ton back from the dead

RetailWire

Bon-Ton filed for bankruptcy in 2018 and shuttered its more than 200 stores. BrandX, which last year acquired the department store along with Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers, plans to bring Bon-Ton back online and open a store in 2023 under its banner.

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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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Ulta shoppers not feeling inflation yet

RetailDive

In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.

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Kroger opens ‘spoke’ fulfillment center in Ohio

RetailWire

Kroger has opened an automated “spoke” online fulfillment center to process orders in Ohio. The spoke facility works with a larger Ocado-automated hub to extend the grocer’s delivery reach in the state.

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Saks Off 5th unveils tiered loyalty program

RetailDive

After separating its digital and physical operations, Saks Off 5th launched its loyalty program tailored to its customer base.

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Old Navy results weight on Gap’s sales and earning

RetailWire

Gap Inc. cut its profit forecast for the full year as the retailer’s Old Navy unit has struggled due to “executional challenges.” The company lost 44 cents per share in the first quarter.

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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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Digital Transformation Exposes the Missing Middle Layer Between Online and Brick-and-Mortar

Retail TouchPoints

Digital disruption is taking place in retail more than any other sector. While customers are gaining benefits from easier access and smarter online commerce with friendly features, the real action is happening behind the scenes. Front-of-house retail starts deep in the backend with CPG companies compiling large amounts of data. We use data to gain consumer insights, test market reception and decide when and where we’re going to advertise.

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Victoria’s Secret launches online marketplace

RetailWire

Victoria’s Secret has launched a curated online marketplace — VS&Co-Lab — that will feature intimates, lifestyle and swimwear brands that align with the retailer’s focus on diversity and inclusivity.

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Shopworkers honoured alongside retail giants at the Retail Week Awards

365 Retail

Britain’s shopworkers and delivery drivers have been celebrated along with retail giants at the 27 th annual Retail Week Awards sponsored by Salesforce. The awards celebrate retail’s frontline heroes, biggest innovations and most successful businesses in what has been another challenging year for the sector, with Tesco, HelloFresh and ASOS being awarded top prizes during the sparkling London ceremony on 26 May.

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Trader Joe’s associates unhappy over 401K pay match cut

RetailWire

Trader Joe’s cut its annual 10 percent match to five percent on the company’s 401K for employees. The decision has some employees talking about forming a union.

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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.

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The Garden State on its way to becoming the cannabis state

RetailWire

Consumers in New Jersey spent $24.2 million on recreational marijuana in the first month it became legal and available in the state. Twelve stores produced those results.