Wed.Mar 01, 2023

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Instacart Connects Retailers to Small Business Owners with Launch of Instacart Business

Retail TouchPoints

Instacart will expand its delivery capabilities beyond the consumer space with the launch of Instacart Business, a B2B service aimed at helping small businesses. Instacart Business will connect business owners with retailers representing 1,100 national, regional and local retail banners with a combined 80,000 stores across more than 14,000 cities in the U.S. and Canada.

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India’s Budget 2023: What It Means For Financial Services And FinTechs?

Forrester eCommerce

I looked at the Budget 2023 that India’s Finance Minister presented on Feb 1st 2023. On that day, India’s Prime Minister tweeted, “This year’s Budget infuses new energy to India’s development trajectory”. I find that he was not far off the mark.

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Carhartt, Hanna Andersson Highlight Product Durability with New Resale Programs

Retail TouchPoints

Two new entrants into the world of resale, Carhartt and Hanna Andersson , serve very different consumer segments, but both are highlighting the same brand attribute with their resale programs — their products’ durability. Premium workwear brand Carhartt has partnered with Trove to launch its resale program, Carhartt Reworked , which the brand said expands on its “legacy of building durable gear with the highest quality materials.

Clothing 301
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Introducing Forrester’s Network Analysis And Visibility Landscape, Q1 2023

Forrester eCommerce

In today’s Zero Trust (ZT) world, organizations have been heavily focused on Zero Trust edge identity solutions. In some cases, however, they’ve neglected visibility across all the connections, endpoints, and applications in the enterprise.

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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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Nordstrom Accentuates Brand Diversity with Folklore Group Partnership

Retail TouchPoints

Nordstrom will work with The Folklore Group to better identify and engage with fashion and lifestyle brands founded by Black, Latinx, Asian and other people of color as well as those located in emerging markets. The retailer also will invite brand partners to join The Folklore Connect, which provides software for diverse and sustainable brands to manage and scale their wholesale businesses and serves as a marketplace for retailers to buy from historically marginalized brands.

Fashion 288
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How to Build a Better B2B Social Media Marketing Strategy in 2023

Digital Doughnut

Social media is an effective tool for B2B marketers. It also helps buyers easily discover and establish communication with vendors. Also, to succeed in social media marketing, you should implement effective marketing strategies. Let’s discuss such strategies in detail.

More Trending

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Amazon closes, cancels more warehouses as cost-cutting persists

RetailDive

The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.

eCommerce 126
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REI Updates Supplier Guidelines to Mandate Removal of ‘Persistent’ Chemicals by 2026

Retail TouchPoints

New supplier guidelines issued by REI will require its cookware suppliers to remove environmentally harmful long-chain PFASs (per- and polyfluoroalkyl substances) from their products by fall 2024. The outdoor gear retailer also imposed the same deadline for textile products covered under a California law that takes effect in early 2025, and it will require PSAF-free products from all its textile suppliers by fall 2026.

Outdoor 273
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Goodbye Google Optimize, Hello Experimentation

Digital Doughnut

Following Google’s announcement that Optimize and Optimize 360 will reach its end of life in September 2023, you may be wondering what this means for Google users running conversion rate optimisation (CRO) and experimentation programmes? Here we’ve outlined what the news means and why it’s more important than ever for ambitious brands to focus on experimentation.

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It Pays to Try Your Luck at Digital Branding as a Cash Business

Retail TouchPoints

If a consumer has a $5 bill burning a hole in their pocket, will they spend it on a candy bar for an afternoon sugar rush, or the opportunity to be a part of a bigger game like the lottery? Although spontaneous purchases may in part be motivated by having spare cash on hand, digital branding campaigns can have a significant influence over those split-second decisions.

Games 278
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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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20 upsell email subject lines that really convert

Omnisend

Reading Time: 7 minutes Do you want to learn how to create the best upsell email subject lines? If so, you’re in the right place! Email marketing is a great way to connect with your audience, nurture leads, and convert subscribers into loyal customers. This strategy is so effective because virtually everyone has at least one email account. Furthermore, research shows that 99% of users check their email at least once a day.

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Hibbett Rolls Out Happy Returns at its 1,100+ Stores

Retail TouchPoints

Athletic-inspired fashion retailer Hibbett is adding Happy Returns Return Bars to its more than 1,100 Hibbett and City Gear stores across the U.S., allowing online shoppers to quickly return items from hundreds of retailers without the need for boxes or labels. Hibbett hopes that accepting returns from other retailers in its stores will increase foot traffic and help to introduce its brand to new customers, something that similar programs have done for other retailers.

PayPal 276
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Lowe’s warns comps could fall up to 2% in 2023 as demand softens

RetailDive

The home improvement retailer is more vulnerable to pullbacks in consumer spending because of its position among DIY customers.

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Qurate Retail Names Finance Veteran as Permanent CFO

Retail TouchPoints

Qurate Retail Group , parent company of brands including QVC, HSN and Zulily , has hired Bill Wafford as its new CFO, effective March 20, 2023. Wafford, who will report to Qurate Retail President and CEO David Rawlinson II, replaces James Hathaway, who has served as interim CFO since August 2022. Hathaway will become CFO of QVC U.S., the company’s largest business unit.

Retail 273
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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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Instacart’s sales and profit margins jump ahead of IPO

RetailWire

Instacart reported that its revenues jumped more than 50 percent in the fourth quarter, and its profit margins rose more than 80 percent. The delivery service is reportedly closer to filing an initial public offering of its stock.

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Nearly three in four consumers plan to keep buying private label when the economy settles, survey says

RetailDive

Manufacturers’ and retailers’ efforts to improve store-branded offerings are paying off, as shoppers make price their most important consideration, the data from Attest shows.

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Goldilocks had it right — Why brands need to take a ‘just right’ approach to digital shelf data

Profitero

We all know what it's like to be overwhelmed by information. Just look at your email inbox after a week of being on vacation. It’s not fun and there’s a cost (both personally and professionally) to trying to sort through all those emails you get to find what’s truly valuable and actionable.

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Kohl’s mulls pricing changes in turnaround reboot

RetailDive

Under a new CEO, the struggling department store also aims to expand e-commerce, modernize stores and right-size inventory while cutting costs.

eCommerce 102
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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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Not every town wants a dollar store

RetailWire

Since 2019, at least 75 communities have voted against allowing dollar stores to open. The towns represent a small but growing trend. The number of communities that rejected dollar stores between 2015 and 2018 was 25.

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SaksOff5th.com CEO exits in latest leadership change

RetailDive

The top executive at the luxury off-pricer’s brick-and-mortar counterpart has replaced Paige Thomas, who left to pursue other opportunities.

Other 97
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Target to launch new private labels and expand others

RetailWire

Target plans to launch or expand more than ten private brands, with most items priced between $3 and $15. The chain said it had seen a significant shift away from higher price discretionary items as consumers focus on everyday staples.

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Olaplex calls 2023 ‘a reset year’ as it braces for 41% sales hit in Q1

RetailDive

The DTC company, which is facing a lawsuit that alleges problems with its products, expects net sales to fall 15% for the year.

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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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4 Strategies to Prepare for Demand Shifts and Grow Resilience in a Recession

Retalon

Consumer demand is shifting in 2023, impacted by a myriad of forces (including trends, technology, the economy, and even politics). The post 4 Strategies to Prepare for Demand Shifts and Grow Resilience in a Recession appeared first on Retalon.

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Fenty, Puma collaboration returns

RetailDive

Artist and entrepreneur Rihanna, who also founded Fenty Beauty and Savage X Fenty, first started working with the athletics brand in 2015.

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KFC puts ‘Double Down’ back on the menu

RetailWire

The “KFC Double Down” returns to the chicken chain’s menus after a nearly 10-year absence. The breadless sandwich includes two cheese slices, bacon and mayonnaise or spice sauce between two fried chick filets. The item is being launched for a limited time beginning March 6.

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Dollar Tree sales momentum continues in Q4

RetailDive

The company says its focus this year will include cleaning up stores and keeping the shelves full.

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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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Consumers less confident as inflation persists

RetailWire

The Conference Board said the consumer confidence index fell to 102.9 in February from 106 the month before. Ataman Ozyildirim, senior director of economics at the Conference Board, said the most significant decline was among 35- to 54-year-olds with an annual income of at least $35,000.

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PRESS RELEASE: PERQ and JDR Consulting Partner to Deliver Streamlined Access to Multifamily Marketing Automation Solution

PERQ

New capabilities being delivered to JDR Consulting customers; enabling inbound marketing success Indianapolis, IN — Today PERQ and JDR Consulting (JDR) announced the launch of their new partnership, bringing multifamily’s online standalone marketing automation platform for automating and personalizing the renter’s journey directly to JDR’s clients.

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Sam’s Club to open fulfillment center to serve customers in Georgia and Southeast

RetailWire

Sam’s Club plans to open a $142 million fulfillment center in Georgia’s Douglas County. The facility is expected to serve customers in Georgia and across the Southeast. “This investment is critical to deliver to our members with speed and provide an overall great experience,” said Joseph Godsey, chief supply chain officer for Sam’s Club.

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Better Experiences, Higher Conversions: How Mission Rock Transformed the Multifamily Renter’s Journey

PERQ

For many renters, finding a new rental unit feels a bit like stepping back in time. For leasing agents, the experience isn’t much better. Here’s what we mean: Chances are you’ve leaned on interactive automations at least a dozen times today to navigate your work routine, place an order, get personalized recommendations or forecasts — perhaps all of the above before you even had your morning coffee.

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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.