Thu.Feb 02, 2023

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Nike and Tiffany Partner on Exclusive Shoe and Accessory Collection

Retail TouchPoints

Nike and Tiffany & Co. are collaborating on several products, including a pair of sneakers and silver shoe accessories, that will launch March 7. The sneaker will be an all-black pair of Nike Air Force 1 sneakers , also known as 1837s, featuring the Nike swoosh in Tiffany blue and a sterling silver adornment. The sneakers will retail for $400 , a significantly higher price tag than the approximately $100 for standard Air Force 1 sneakers.

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Want More Customer Data? Build An Enterprise Data Strategy First

Forrester eCommerce

In the era of data deprecation, many B2C marketing clients are asking me “how can I get more first-party data?” or “how do I get more customers to share data with me?

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‘Love Luggage’ Event Combines Creativity and Charity

Retail TouchPoints

Unclaimed Baggage , which sells luggage that airlines haven’t been able to reunite with its original owners, will host a “ Love Luggage ” event in its Scottsboro, Ala. store on Feb. 11. Customers will be invited to hand-paint suitcases with “works of heart” destined for children moving to new foster homes. “Throughout the year, Unclaimed Baggage takes suitcases to schools, charities, social and business groups to be hand-painted for children moving to new foster homes,” said Jennifer Kritner, VP

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Shopify vs Medusa (2023) – Can Open Source Ecommerce Compete with an Industry Giant?

Ecommerce Platforms

Shopify needs no introduction. Since its founding in 2006, the platform has become the leading online store builder. Its name is dropped in nearly every eCommerce article, and for a good reason – Shopify makes selling online simple. Its many in-built features guarantee newbie sellers have all they need to build a successful business. However, the platform famously has one downside.

Shopify 104
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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Central American Department Store Chain Boosts Inventory Accuracy with RFID

Retail TouchPoints

Siman Group , which operates 15 large department stores across Central America, has deployed an item-level RFID solution that has raised its inventory accuracy levels from the 65% to 70% range up to 95%. Following a 2020 consultation period and pilot with solution provider SML in its El Salvador store, the retailer rolled out SML’s Inspire RFID tags and Clarity enterprise software chainwide.

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Best Online Course Platforms in Australia (Updated for 2023)

Ecommerce Platforms

After months of testing, we have chosen the safest, quickest and simplest to use online course platforms available in Australia, to help you create and start selling courses. You'll be able to start selling within a few hours – with no programming or web development experience necessary. Best of luck! If you subscribe to a service from a link on this page, Reeves and Sons Limited may earn a commission.

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Medusa Review (2023) – An Open Source Alternative to Shopify?

Ecommerce Platforms

Whether you’re just getting started in ecommerce or you’re already a seasoned seller, it’s plain that the right ecommerce solution forms the basis of your business. Regardless of which review you read online, Shopify is bound to be mentioned as one of the top, if not the best, solutions out there – and with good reasons. So when an open-source ecommerce solution claims to be a viable Shopify alternative, it certainly sparks curiosity.

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Sensormatic Solutions Partners with Zliide to Enhance Self-Checkout

Retail TouchPoints

Sensormatic Solutions and Zliide have entered a collaboration aimed at enabling self-checkout experiences that eliminate register queues and streamline the shopper experience. The combined solutions will work to reduce shrink while making self-checkout simpler for customers. As the relationship progresses, data from the Zliide system will be integrated into the Sensormatic IQ ecosystem.

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EBay, Notable Live partner on NFTs, experiences for sports fans

RetailDive

The e-commerce platform, which invested in Notable Live, wants to offer experiences, digital tokens and athletic merchandise to sports fans.

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Fanatics Hires Tech Veteran to Lead Move into Livestreaming

Retail TouchPoints

Fanatics has hired former Google and Snap executive Nick Bell to serve as CEO of a new livestreaming division, Fanatics Live, according to multiple reports. Fanatics Live will launch as a standalone app with a corresponding website in the second half of 2023. The new division will focus on live commerce, starting with the Fanatics Collectibles business, according to Sports Business Journal.

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How Harry Rosen Turns Targeted Personalization Data into Retail Loyalty

Speaker: Shaunna Bruton and Kailey Holmes

Unlock the potential of customer data to create personalized retail experiences that resonate with your audience. This webinar will explore the critical role of customer data in modern retail, providing you with strategies to collect, analyze, and apply data to enhance personalization. Learn from leading retailers, like Harry Rosen, and experts on how to turn data into actionable insights that drive customer satisfaction and loyalty.

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Using AI for SEO

ROI Revolution

Since the public launch of ChatGPT in November 2022, the world of search engine optimization (SEO) has exploded with talk of using it and similar artificial intelligence (AI) tools for anything from crunching data to writing blog posts. Here at ROI Revolution, we’ve been monitoring the news and testing some of the more popular tools so we can understand the current state of AI with respect to SEO and how the future of using AI for SEO may unfold.

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Missed interest payment signals Bed Bath & Beyond ‘out of options’

RetailDive

Analysts think the retailer is out of time and money. Meanwhile, the company closed a distribution center in Texas, impacting hundreds of employees.

Retail 93
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Merchandising Strategies to Boost Your Online Sales

ROI Revolution

Getting the right product in front of the right person at the right time. It sounds simple, but there’s something of an art to it. That art is merchandising strategy. Visual merchandising, digital merchandising, product merchandising – whatever you call it, the purpose remains the same. Enhance the online experience and drive conversions by strategically displaying products and content on your ecommerce site to align with your overall brand experience.

Arts 78
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Nike vet joins Crate and Barrel Holdings as COO

RetailDive

Mike Brewer spent two decades at the athletics retailer in a variety of roles across sourcing, manufacturing and supply chain.

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Fanatics to start live-streaming service for sports collectibles

RetailWire

Fanatics is launching a live-streaming service to enable collectors to purchase sports memorabilia. The company has hired former Snap executive Nick Lead to lead Fanatics Live.

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REI lays off more than 150 employees

RetailDive

The job cuts, which amount to 8% of its corporate workforce, come as the retailer attempts to return to profitability.

Retail 101
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What Is Price Erosion and How You Can Stop It

ChannelAdvisor

Brands and retailers know better than anyone — one bad apple can ruin the whole bunch. In a competitive market where consumers can compare and shop for the best prices in an instant, sellers are incentivized to offer the most competitive prices. But pricing is a delicate dance between brands, their retailers and consumers to ensure fair value, profit margins and the highest quality products.

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Macy’s to sell Tracee Ellis Ross’ haircare brand online, in stores

RetailDive

The move marks Pattern’s first partnership with a department store and adds to its growing list of retail partners, which include Ulta and Sephora.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Gunman carrying AR-15-style rifle shot by police inside a Target store

RetailWire

A man carrying an AR-15-style rifle and 13 loaded ammunition magazines was fatally shot by police after he entered a Target in Omaha, NE. Police said they encountered the man in the store after responding to dozens of 911 calls. The unidentified man fired multiple shots as he entered the store. It is not clear if those shots were directed at any individuals.

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DTC rug brand Ruggable lays off 100 corporate employees

RetailDive

The brand joins other direct-to-consumer companies that have turned to staff cuts in recent months in light of macroeconomic conditions.

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Robots may outnumber humans at Amazon in a few years

RetailWire

Cathie Wood, CEO and chief investment officer at Ark Invest, thinks that robots will outnumber humans working at Amazon.com facilities in the near future. “Amazon is adding about a thousand robots a day. … If you compare the number of robots Amazon has to the number of employees, it’s about a third. And we believe that by the year 2030 Amazon can have more robots than employees,” said Ms.

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Ariana Grande to buy her beauty brand’s assets from Forma Brands for $15M

RetailDive

The singer’s brand, R.e.m. Beauty, entered into a licensing agreement with the company in December 2020.

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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

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What Is Price Erosion and How You Can Stop It

ChannelAdvisor

Brands and retailers know better than anyone — one bad apple can ruin the whole bunch. In a competitive market where consumers can compare and shop for the best prices in an instant, sellers are incentivized to offer the most competitive prices. But pricing is a delicate dance between brands, their retailers and consumers to ensure fair value, profit margins and the highest quality products.

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Williams-Sonoma reorganizes executive team

RetailDive

Among a slew of changes, the company promoted Marta Benson to CEO of Pottery Barn Brands.

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What Challenges Does a PIM System Solve For Retailers

Digital Doughnut

In the age of hyperconnectivity and omnichannel sales, consistency is primal. Technology provides new opportunities to connect with customers who increasingly expect a conversational style of interaction across channels.

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Dropship vs Direct Ship? How to Decide in 2023

Retalon

When deciding on a shipping method for the distribution of orders, retailers must weigh the pros and cons of a drop-ship vs. a direct-ship model. With 42% of shoppers expecting a 2-day shipping option, the pressure is on for retailers to deliver the goods in record time. The post Dropship vs Direct Ship? How to Decide in 2023 appeared first on Retalon.

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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Subway expects meat slicers to lift sales and cut costs

RetailWire

Subway CEO John Chidsey is very excited about adding meat slicers to the sandwich chain’s stores. “We were one of the few, if only, sub shop that didn’t slice in-restaurant. Not only does it give the guest a better perception of seeing the nice, fluffy meat, but we save a lot of money since we were paying a lot of money to have it sliced upstream,” he said.

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How dynamic personalization transforms retail and supply chain management

Dynamic Yield

The power lies in not only anticipating customer needs but also preventing churn, an essential mitigation factor in critical scenarios. The post How dynamic personalization transforms retail and supply chain management appeared first on Dynamic Yield.

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Apple expected to post first sales decline in years

RetailWire

Apple saw continued disruptions in its manufacturing supply chain last year, and that directly affected its ability to get its new iPhone 14 Pro models into the hands of consumers. The technology giant is expected to post its first sales decline in nearly four years when it reports its most recent quarterly results later today.

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Performance marketing channels to try in 2023

Funnel.io

Many digital and performance marketers rely on the same mix of channels to get their messages out. The list includes names you can probably guess off the top of your head: Google, Facebook, YouTube, and Instagram.

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The Pragmatic Guide to Composability

Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.