Mon.Jan 30, 2023

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Cybersecurity Risk Dashboards: No Value, Extreme Liability

Forrester eCommerce

In the last twelve months, “Risk Dashboards” became all the rage in cybersecurity with varied titles like “Risk Index,” “Security Baseline,” “Security Posture,” and “Risk Posture.” These dashboards appear in a vendor’s user interface and purport to help security programs improve. Some even offer coveted “benchmark data,” leaders can share with boards and executives.

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Drive-Up Grocer Addie’s Opens First Store, Plans to Expand Across U.S.

Retail TouchPoints

The new supermarket concept Addie’s , a self-described “drive-up grocer,” has opened its first store in Norwood, Mass., fueled by $10.1 million in seed funding it recently received from Rose Park Advisors. The pickup-only store does not allow in-store shopping; instead, the store serves as an onsite warehouse designed solely for stocking, storing and bagging groceries.

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Use Marketing Analytics To Support Your 2023 Marketing Strategy

Forrester eCommerce

Marketing analytics is the practice of measuring, managing, and analyzing data from marketing initiatives — including channels, programs, campaigns, and tactics — to improve marketing effectiveness and identify opportunities to optimize short- and long-term objectives.

Marketing 351
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Foot Locker Lays Off Workers, Shutters Sidestep Banner as Simplification Efforts Continue

Retail TouchPoints

Foot Locker will lay off an unspecified number of employees in corporate and support roles with the goal of saving $18 million annually, according to a filing with the SEC. Additionally, the retailer will wind down its Sidestep banner in Europe to better enable it to focus on its core businesses. The cuts are part of Foot Locker’s plans to “simplify the business” and put a greater emphasis on omnichannel operations, according to CEO Mary Dillon.

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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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Contact Centers Are Leaving Money On The Table

Forrester eCommerce

When I first joined Forrester, I looked at the results from our annual Customer Experience Benchmark Surveys and saw that three customer service drivers kept coming up as some of the most influential drivers in a customer’s perception of CX quality: Did the agent answer all of my questions?

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Petco Combines Two Loyalty Programs to Better Support Pets’ Health and Wellness

Retail TouchPoints

Petco is merging its two membership programs into one combined offering under the Vital Care banner. The pet retailer’s Pals Rewards loyalty program debuted in 1997. In 2020 the retailer debuted its Vital Care subscription membership with a focus on animal health and wellness offerings. Now the two programs — which together have 24 million members — will merge into one two-tiered offering: a free membership tier, called Vital Care Core, and a paid tier, Vital Care Premier.

More Trending

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Bed Bath & Beyond Shutters Remaining Harmon Stores; Media Reports Say Search for a Buyer Stalled

Retail TouchPoints

Bed Bath & Beyond will reportedly shutter its 50 remaining Harmon stores in addition to 87 Bed Bath & Beyond locations and five buybuy BABY shops. Additionally, efforts to find a buyer ahead of its potential bankruptcy filing have reportedly stalled, people familiar with the matter told Bloomberg News. The store closures are in addition to previously announced plans to close 150 underperforming Bed Bath & Beyond locations.

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The Art And Science Of Storytelling: An Interview With Bryan Yee

Forrester eCommerce

Storytelling In Knowledge Management Unlocking the tacit knowledge in an organization is instrumental in accelerating learning.

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Listen Up: Copper Compression’s Voice Commerce Play is (Almost) All About Brand Recognition

Retail TouchPoints

There was a time, about five or so years ago, when voice commerce was going to be the next big thing. But one too many frustrating interactions with Siri and news items about smart speakers spying on users were enough to dampen the fervor. According to Shilp Agarwal, Co-Founder and CEO of voice commerce platform Blutag , the real problem in the early days was that companies “tried to do too much” with their voice experiences.

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Leverage your advantages: 4 ways small businesses can hit the ground running in 2023

RetailDive

With the new year comes a fresh slate full of opportunity, and what you do in the beginning of the year can help set you up for success in the months to come.

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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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Why Researchers Should Take Plagiarism Seriously

Digital Doughnut

You can make sure you avoid plagiarism by taking advantage of the plagiarism checkers that are readily available online today. In this article, we will look at some of the consequences of plagiarism as well as ways to ensure that you avoid plagiarism in your writing and research.

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5 CEOs to watch in 2023

RetailDive

As retail sheds executives, new faces are taking the helm at major retailers. They face individual hurdles, alongisde industrywide challenges like inflation.

Retail 104
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How Lululemon Uses Lifestyle Marketing to Create a Strong Brand Community in 2023

Smile.io

The best brands in the world are able to create something far more powerful than a premium product, or even a strong brand personality. The best-of-the-best create an entire lifestyle that their most loyal customers strive to achieve. These brands are commonly known as lifestyle brands, but with so many different definitions floating around, what exactly is a lifestyle brand, and how can you replicate their winning strategies for your own small business?

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Amazon Fresh raises its threshold for free delivery to $150

RetailDive

The move, which takes effect Feb. 28, reflects the difficult economics of online grocery fulfillment amid the company’s push to win over food shoppers.

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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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Retail Trends 2023: A Guide For Small Business Owners

Korona

Despite persistent inflation and supply chain issues, there are significant bright spots in the retail industry. Total nationwide retail continues to rise each year, with 2022 reaching upwards of almost $5 trillion. Brick and mortar retail has shown impressive resilience over the past year. With in-person shopping having become much safer than mid-pandemic, most consumers have made their way back to physical stores.

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Destination XL names COO

RetailDive

Dara Pauker, who previously worked as a consultant for the company, joins the retailer as it continues to take market share after a dramatic turnaround.

Marketing 101
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Paid Geomarketing – Geotargeting with Social & Google Ads

Digital Doughnut

What if your ads could appear to the right people at the right time? They can, and it’s all thanks to geotargeting. Whether used on social media or Google Ads, this marvelous marketing tool can bring about the conversions and growth you need with an outstanding (and unforeseen) return on investment. Intrigued yet?

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Vera Bradley shakes up leadership, takes full ownership of Pura Vida

RetailDive

The DTC brand’s founders left, along with much of Vera Bradley’s C-suite, as new CEO Jacqueline Ardrey slashes costs.

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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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Boost Your Store with Professional Ecommerce SEO Services?

Shopping Signals

Do you want to take your ecommerce business to the next level? Nothing beats SEO when it comes to driving the highest converting traffic to your online store, and establishing your brand as an authority in your niche. By optimizing your website for better visibility and ranking on search engines, you can increase organic traffic, conversions and sales.

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Values of an online B2B marketplace for retailers and Wholesale brands

RetailDive

From easily discovering and connecting with new brands and products to creating new business opportunities, B2B Marketplaces are here to stay.

B2B 98
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Chicken wings and quacamole prices drop ahead of Super Bowl

RetailWire

Chicken wing prices have fallen 22 percent since last January as supplies have increased. Sirloin steak and bacon prices are also down, as is guacamole. This is all good news for the millions of Americans planning to watch the Super Bowl game between the Kansas City Chiefs and Philadelphia Eagles in two weeks.

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Bed Bath & Beyond to close all Harmon stores

RetailDive

The retailer will also close an additional 87 of its namesake stores as a potential bankruptcy filing looms.

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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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Key Features That Make KORONA POS Different From Other Retail POS System

Korona

As a retail business owner, there are certain features you look for when choosing the point of sale software that will be used to run your store. Inventory management, CRM, loyalty programs, accounting integration, transaction processing, and gift cards are all elements that you look for when shopping for a point of sale provider. KORONA POS offers much more than the most common features.

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Saks focuses on men with new ambassador program

RetailDive

The invite-only program comes as the department store is expanding its menswear offering at its New York City flagship.

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Prime members will have to spend $150 to get free grocery delivery

RetailWire

Amazon Prime members have been able to get free delivery of groceries on orders of $35 or more. That minimum purchase is being raised to $150, and Prime members will have to pay $9.95 for orders under $50. Those placing orders between $50 and $100 will pay $6.95 and those between $100 and $149.99 will pay $3.95.

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Unilever names new CEO

RetailDive

Hein Schumacher takes the helm of the CPG giant in July. Alan Jope announced his retirement in September.

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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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Walmart remodels make the chain a more fashionable place to shop

RetailWire

Walmart is remodeling flagship stores with brighter lighting, mannequins and eye-catching displays to drive sales in categories outside of grocery. Alvis Washington, Walmart’s vice president of marketing, store design, innovation and experience, said that customers are responding positively to the remodels. “They appreciate the fact that we’re still true to who we are as Walmart,” he said.

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David’s Bridal launches wedding planning platform with vendor marketplace

RetailDive

Wedding vendors can join the platform for free and create their own web page to advertise to couples.

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5 Realistic Ways Retailers Slash Costs in a Recession (pros and cons)

Retalon

A recent survey by Gartner, indicated that less than half (43%) of business leaders achieve their cost-reduction goals because of unrealistic targets. With labor costs, supply chain costs, and inflation rising, leading retailers, like you, are racing to save on operational expenditures to shore up their bottom line. The post 5 Realistic Ways Retailers Slash Costs in a Recession (pros and cons) appeared first on Retalon.

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5 POS software integrations helping independent retailers compete

RetailDive

More than a cash register, the modern POS can function as the central cog of your retail operation.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib