Fri.Jun 02, 2023

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464: Dead Simple Business Ideas That Anyone Can Start With No Money – Family First Friday

My Wife Quit Her Job

Welcome to Family First Fridays, which is a new segment of the show in honor of my book, The Family First Entrepreneur. It’s official! I’m a Wall Street Journal bestselling author! The first half of my book discusses how to find your next side hustle. So in this episode, I’m giving you 10 dead simple side hustle ideas that you can start from home right now with no money.

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Ingka Group’s Ikea Stores to Adopt Fulfillment and Store Operations Solution

Retail TouchPoints

Inkga Group, owner and operator of 482 Ikea stores and ecommerce in 31 countries, will adopt a solution from Made4net to power fulfillment centers and store operations worldwide. The deployment follows the purchase of Made4net by Ingka Investments , the group’s investment arm. The Made4net SCExpert platform is designed to help more than 100,000 users deliver faster, more accurate order fulfillment via improved supply chain visibility, enhancing experiences for both associates and Ikea customers.

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Amazon Merchant Fulfilled (FBM): How It Works, Fees, Pros & Cons

My Wife Quit Her Job

Many Amazon sellers are considering switching to the Fulfilled By Merchant (FBM) program due to constantly increasing fulfillment prices and changing rules. But is FBM cost-effective, and does the program affect your chances of winning the Buy Box? I address those concerns in this article. I also compare Amazon FBM to other Amazon fulfillment methods and explain how you can get started.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing. Industry experts gathered at Manhattan Momentum 2023 in Phoenix to discuss their approaches to these various challenges.

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

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Q2 2023: These Five Priorities Are Most Critical To B2C CMOs

Forrester eCommerce

June not only marks the year’s halfway point, but it’s also when CMOs begin to plan for the new year. With six months left in 2023, there’s still lots to get done. Forrester’s Q2 2023 B2C Marketing CMO Pulse Survey featured a list of 16 marketing priorities.

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Legal Roundup: Gap Beats Shareholder Lawsuit; Patagonia Files Complaint Against Nordstrom

Retail TouchPoints

Gap has reportedly beaten a shareholder lawsuit regarding its commitment to racial diversity among its leadership, and has settled a trademark lawsuit with Patagonia regarding an “iconic” pocket design, according to Reuters. Patagonia also has filed a complaint against Nordstrom alleging that the company sold “thousands” of counterfeit Patagonia sweatshirts and T-shirts at Nordstrom Rack stores.

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How to Use Google Ads Scripts: A Beginner’s Guide

Store Growers

Last Updated on June 2, 2023 If you’ve been using Google Ads for a while, you know that spending hours and hours tweaking and adjusting Google Ads can be overwhelming. Nobody has that much time, am I right? Of course, you can set up automatic rules through your account, but sometimes, they don’t keep things intact, and you still have to manage your ads manually.

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The Weekly Closeout: Nike apparel returns to Macy’s, Under Armour founder sells $100M of shares

RetailDive

After backing out of a wholesale partnership in 2021, Nike clothing will again be available at the department store. Meanwhile, Kevin Plank sold 16 million shares to BDT Capital Partners.

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July newsletter ideas to spruce up your next campaign

Omnisend

Reading Time: 7 minutes It’s that time of the year — fireworks, family gatherings, and a strong sense of patriotism. Fourth of July is the most popular holiday in America, and brands would be wise to take advantage of this and send out marketing newsletters in line with this theme. Customers love receiving special content — and July newsletters are a great way to make your brand stand out amidst all the noise.

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Brad Pitt’s Le Domaine signs first US retail deal with Bluemercury

RetailDive

The Macy’s-owned retailer will sell the products as part of “The Cache,” a curated collection of emerging brands.

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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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7 Strategies for Attracting the Sustainable Consumer

Smile.io

As the attention to environmental issues becomes increasingly mainstream and consumers become more mindful of their effect on the planet, a shift towards sustainability has emerged in consumer trends. In order for businesses to create long-term CLTV (customer lifetime value) they must adapt to gain trust and loyalty in an effort to appeal to the sustainable online shopper.

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EBay expands Authenticity Guarantee to streetwear

RetailDive

Items from nine brands including Supreme and Off-White are eligible, with more added at the end of September, including Adidas, Nike and Gucci.

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Americans cut restaurant visits as prices rise

RetailWire

The price for food away from home rose 8.6 percent in April while food at home increased 7.1 percent, according to the Bureau of Labor Statistics. Visits to restaurants declined 3.5 percent in April compared to last year.

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Victoria’s Secret prepares to relaunch Pink, following challenging Q1

RetailDive

Sales in North America were “more promotional than planned” according to CEO Martin Waters.

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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 the True Price of Sustainability?

Dynamic Action

Summary The fashion industry recently commemorated ten years since the Rana Plaza Disaster, known as Fashion Revolution Day. Gartner highlighted sustainability as one of the 6 macro factors that will reshape business this decade. Commemorated on April 24th each year, Fashion Revolution Day looks to raise awareness of a clean, safe, fair, transparent, and accountable fashion industry.

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Lululemon rides 60% international growth to $2B quarter

RetailDive

Greater China in particular grew 79%, and the region will account for the majority of international store openings planned for the year.

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WHSmith Plans to Revive Toys”R”Us® on UK’s High Streets

365 Retail

In a significant move to rejuvenate the UK’s high street, WHSmith and Toys”R”Us have announced a new retail collaboration. WHP Global, the owner of Toys”R”Us, confirmed the plans today. This partnership will see the beloved children’s toy brand return to the UK high street through the establishment of Toys”R”Us shop-in-shops in nine WHSmith High Street stores across the country, including in locations such as York, Oxford, Reading, and Cheltenham.

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Patagonia and Gap settle pullover fleece design lawsuit

RetailDive

Patagonia had accused Gap of deliberately copying its apparel designs and logos, saying they confused customers.

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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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Apple Set to Open New Store in London’s Battersea Power Station

365 Retail

Technology giant Apple has announced that it will open a new store in London’s Battersea Power Station on June 15. The news broke earlier today when the opening date was unveiled on the store’s barricade. The new store is situated in a location synonymous with London’s history and iconic architecture. This launch is expected to mark a significant milestone in Apple’s expansion in the UK.

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REI launches first running shoe since the ‘70s

RetailDive

The Swiftland Multi-terrain uses recycled and bio-based materials as the retailer continues to expand its running assortment.

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Amazon talking to telecoms about programs for Prime member

RetailWire

Amazon.com has been in talks for up to eight weeks with AT&T, Dish Network, T-Mobile and Verizon about offering Prime members a $10 monthly or free nationwide mobile phone subscription service.

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Get Ready for Prime Day ‘23 with These Tips

ChannelAdvisor

The countdown to Prime Day 2023 is on! Are you ready? While the exact date hasn’t been announced, we expect Prime Day to take place in early to mid-July based on last year’s dates of July 12 and 13. That means you need to start preparing now. How to Prepare for Prime Day 2023 There are several areas to consider in your Prime Day preparations, from content and advertising to pricing and fulfillment.

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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.

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Arçelik Incorporates Over 13,000 Tons of Recycled Plastic into 2022 Appliance Production, Boosting its Sustainability Commitment

365 Retail

Arçelik, one of Europe’s leading home appliances companies, announces a significant milestone in its ongoing commitment to sustainability. Through its innovative initiatives, in 2022 alone, the company utilized a total of 13,207 tons of recycled plastic in the production of its appliances. The company has successfully recycled 192 million plastic bottles from ending up in landfill from 2017 to 2022.

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Get Ready for Prime Day ‘23 with These Tips

ChannelAdvisor

The countdown to Prime Day 2023 is on! Are you ready? While the exact date hasn’t been announced, we expect Prime Day to take place in early to mid-July based on last year’s dates of July 12 and 13. That means you need to start preparing now. How to Prepare for Prime Day 2023 There are several areas to consider in your Prime Day preparations, from content and advertising to pricing and fulfillment.

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Lululemon raises annual forecast as customers keep spending

RetailWire

Lululemon Athletica has raised its annual forecast after its North American sales increased 17 percent and the chain posted higher profits on lower freight costs and inventory reductions. “We’ve seen no change in our (customer) behavior in terms of frequency of purchase or engagement,” said Lululemon CEO Calvin McDonald.

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How to Launch a Print-On-Demand Company Over Shopify From Scratch

Digital Doughnut

Sales are incredibly high when things are tailored and the shopping experience is the finest in its class. With printed gifts, achieving the metric is simple. You may provide customised products from scratch with Shopify print on demand stores, which are simple to set up and eliminate the need for managing shipping and inventory. Over Shopify PoD, adding a little individuality to your designs can increase sales and provide you a clear competitive advantage.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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Dr. Martens reaches revenue milestone while US sales disappoint

RetailDive

The footwear company attributed its struggle in the region to a poor transition of distribution centers and its marketing campaigns.

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11 Strategies Retailers Can Use to Avoid The Post-Holiday Sales Slump 

Korona

Overcome the post-holiday sales slump with expert tips. Boost revenue and stay ahead of the competition. Read on to learn more.

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Wegmans to close one of its largest stores

RetailWire

Wegmans said it is closing its 134,000-square-foot multi-level store in Natick, MA. “Unfortunately, with this non-traditional location we are unable to attract enough customers for our business model to work,” Wegmans New England human resources director Brien MacKendrick said in a statement.

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How the Packaging Industry Can Help Tackle Confectionery’s Big Waste Problem

Retail TouchPoints

The confectionery industry continues to boom in the U.S. A recent study found that 2023 Easter candy sales exceeded projections, with Americans spending $3.3 billion on Easter candy alone. And Easter isn’t the only holiday to boost confectionery sales. Valentine’s Day saw consumers projected to spend an average of $16 on chocolates and candy — up from under $9 per person in 2010 — while Halloween candy sales reached a record $3.1 billion in 2022.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI