Tue.Dec 05, 2023

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10 Strategies To Reduce Your Shopping Cart Abandonment Rate | Salsify

Salsify

You’ve done audience research and created campaigns that target your ideal market. You’ve captured consumer interest, guided them to your website, and prospective buyers have put your products into their digital shopping carts.

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Confronting Clinician Burnout With Confidence Takes More Than Tech And System Changes

Forrester eCommerce

As your organization confronts clinician burnout and looks to support your employees’ well-being, consider these top takeaways from ICD Healthcare Network’s Burnout Symposium.

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Judge Rules Amazon Engaged in Anti-Union Activities in New York

Retail TouchPoints

The National Labor Relations Board (NLRB) has won a ruling against Amazon for harassing employees seeking to unionize its JFK8 and DYY6 fulfillment facilities in Staten Island, N.Y. In a Nov. 21 ruling , Administrative Law Judge Lauren Esposito found that Amazon had violated the National Labor Relations Act by dismissing employees early, altering employees’ work assignments and subjecting employees to closer supervision in retaliation for their support for the Amazon Labor Union.

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Re:Invent 2023 — Is AWS In Unfamiliar Territory As Follower?

Forrester eCommerce

AWS re:Invent 2023 had many of the usual trappings: lots of Las Vegas glitz, energy from loyal customers, a vast array of partners, more than 200 service announcements, and the combined energy of 55,000 attendees.

Customer 210
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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Lego Debuts Fortnite Survival Crafting Game

Retail TouchPoints

The Lego Group and Epic Games will introduce Lego Fortnite , a new survival crafting game, on Dec. 7, 2023. Designed for people of all ages, the game is designed to encourage creativity, experimentation and collaboration through play. This is the first play experience introduced since Lego and Epic Games announced their partnership in 2023, with the goal of building positive digital play experiences that help enable young people to become the creators of tomorrow.

Games 234
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Europe-5 Retail Sales Trends And Outlook

Forrester eCommerce

We recap a few European retail sales trends over the last few years and in 2023.

Retail 225

More Trending

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Europe-5 Retail Sales Trends And Outlook

Forrester eCommerce

We recap a few European retail sales trends over the last few years and in 2023.

Retail 210
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Inside Hy-Vee’s RedMedia Expansion: From the Sofa to the Store

Retail TouchPoints

Although Hy-Vee has offered different components of retail media for some years, it has “been building in earnest” and officially launched Hy-Vee RedMedia , its full-scale retail media network early this fall, according to Jessica Enos, SVP of Retail Media for Hy-Vee, Inc. Hy-Vee is prioritizing this growth area through a strategic partnership with Samsung that allows the supermarket chain to bring dynamic ads and content into stores, as well as through a robust network of Samsung Connected TVs

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Sam’s Club adds 2 more distribution centers to its 2024 lineup

RetailDive

The St. Louis and Minneapolis facilities are slated to open in January and March, respectively, building on the Walmart-owned retailer’s plan to advance its end-to-end supply chain capabilities.

Supplies 106
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Why UK Retailers Should Save Some of Their Christmas Marketing Spend for Chinese New Year

Retail TouchPoints

Christmas in the UK is already in full swing. The UK remains a global shopping destination and traditionally sees a significant influx of tourists during the Christmas season. Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. But this year it makes sense for those retailers to save a little for another holiday period just a few months away: Lunar New Year.

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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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Consumers state high intent to buy more online in 2024: survey

RetailDive

While Amazon is the preferred e-commerce retailer overall, Walmart is the top pick for online grocery shopping, a Bank of America survey found.

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Uber Unwraps Holiday Services Including Store Pickup, Robot Reindeer

Retail TouchPoints

An illustration of the Store Pickup process. (Image courtesy Uber) Uber and Uber Eats have launched a suite of holiday-themed features and offerings available throughout December, including store pickup services for time-strapped holiday shoppers and a Gift Hub. With Store Pickup via Uber Connect, app users can arrange for an Uber courier to pick up and deliver prepaid items to themselves or a gift recipient.

Gifts 147
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AI Tools to Analyze Complex Documents

Practical eCommerce

Deciphering a long or complex document is daunting and time-consuming. Enter AI. The post AI Tools to Analyze Complex Documents appeared first on Practical Ecommerce.

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Can Lululemon maintain its momentum?

RetailDive

Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.

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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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How to Break Even on Customer Acquisition

Practical eCommerce

Increasing first-time order values can recoup the cost of aquiring that buyer. The post How to Break Even on Customer Acquisition appeared first on Practical Ecommerce.

Customer 107
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Loss Leader Pricing: Powerful Tool or Slippery Slope?

Wiser

In the competitive world of retail, shoppers are always on the lookout for that elusive “too good to be true” deal. But what about from the perspective of brand manufacturers and retailers? Should they be equally eager to offer such enticing prices? This is where the concept of loss leader pricing comes into play. By strategically setting prices lower than the cost of production or acquisition, businesses can attract customers and generate foot traffic.

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Top 10 dropshipping marketing strategies for 2024

Omnisend

Reading Time: 11 minutes There’s a common myth that the dropshipping market is completely saturated, making it impossible for new stores to stand out from the crowd. The good news is, this isn’t quite the case. Granted, this space is competitive. But a smart dropshipping marketing strategy can give you the edge you need to be successful. There are still opportunities and niches you can explore.

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Starbucks Reaches Record-Breaking Streak of Losses

RetailWire

Starbucks investors are feeling the heat as shares continue to cool.

Retail 141
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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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Email sender reputation: How to check and improve it

Omnisend

Reading Time: 7 minutes Many email marketers believe high open rates indicate success. Although open rate is a critical email marketing metric, you may be overlooking the very foundation of email outreach: email sender reputation. A low sender reputation is the bane of email outreach. Your emails may end up in your recipients’ spam folders, or worse, ISPs may even block your domain.

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Saxx taps new CEO

RetailDive

Tom Berry is set to lead the men's underwear brand and brings forward leadership experience from companies such as The North Face.

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WKD launch WKD Vibe liqueurs

TalkingRetail

WKD is launching a range of liqueurs called WKD Vibe. The collection of both clear and creamy 15% ABV shots will expand the WKD brand footprint and aim to invigorate the shots category.

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Wish launches small parcel delivery service

RetailDive

WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.

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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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Swarovski Opens Landmark Flagship Store in Seoul’s Dosan Park

365 Retail

Swarovski marked a new era in its retail journey with the opening of its first flagship store in Korea on December 1, 2023. Nestled in the vibrant Dosan Park in Seoul, this store represents a strategic move in Swarovski’s retail expansion, combining traditional luxury shopping with a nod to modern digital integration. Covering four floors and spanning 488 square meters, Swarovski Dosan Park is not just a store, but a destination.

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Rite Aid plans to sell 79 more stores

RetailDive

The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy.

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CVS Pharmacy Changes Reimbursement and Prescription Pricing

RetailWire

CVS pharmacy is set to revolutionize the landscape of prescription drug pricing by altering its pharmacy reimbursement model for prescription medications.

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Last call for lottery retailers to switch to new owner

TalkingRetail

National Lottery retailers who have not registered with the new owners of the prize draw have been reminded they must do so in the next two weeks.

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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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Commerce Department Warns Nvidia About Overseas Markets

RetailWire

U.S. Secretary of Commerce, Gina Raimondo, recently sent a clear message to tech companies like Nvidia that are producing artificial intelligence chips.

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Tax Savings Strategies For Indie Retailers

RetailMinded

As an indie retailer, a portion of your hard-earned income might be slipping through the cracks straight into the coffers of the tax collector. Whether you’re grappling with federal tax, pondering how to reduce your taxable income, or seeking ways to dodge the bullet of a higher tax bracket, this guide is your ally. Let’s dive into tax savings and explore strategies to significantly lower your tax bill this year.

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Mixed picture for food and drink sales as Christmas approaches

TalkingRetail

Food and drink sales are holding up against other retail sales despite consumer caution in the run-up to Christmas, according to the latest BRC-KPMG monitor. Total UK retail sales were up 2.

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How to Write a Good Review for an App

365 Retail

In an era dominated by technology, mobile applications have become integral parts of our daily lives. With a vast array of apps available, from productivity tools to entertainment platforms, leaving a review can significantly impact an app’s success. Constructive and thoughtful reviews not only aid developers in enhancing their products but also guide potential users in making informed decisions.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI