Fri.Mar 04, 2022

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Fabletics to Open 30 Stores in 2022, Hold Belated Grand Openings for 22 Existing Stores

Retail TouchPoints

Fabletics will open 30 new store locations in 2022 as it continues building out its omnichannel presence. The retailer also will celebrate a series of belated Grand Re-Opening events on March 5 for the 21 Fabletics locations that have opened since early 2020 but had their festivities delayed due to the COVID-19 pandemic. The addition of the new locations will bring Fabletics’ global brick-and-mortar footprint to more than 100 stores by the end of the year.

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Klaviyo vs Omnisend: A Comparison of Features

Groove

Analyzing Klaviyo vs Omnisend. Looking for the right email marketing and SMS tool for your eCommerce business? You’ve landed on the right page! Klaviyo and Omnisend are both viable options. In this blog, we’re comparing Klaviyo vs Omnisend to help you better evaluate the main features of each tool and uncover what’s best for your business. Klaviyo vs Omnisend Features. 1.

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Do Retail Algorithms Enhance Efficiency or Exclusivity?

Retail TouchPoints

Without question, the pandemic has changed the way consumers shop. The number of online purchases has skyrocketed, with many people embracing the “click-and-collect” method. On the business side meanwhile, retailers are now expected to deliver services that are not only convenient and safe but also more personalized. To that point, it has been reported that 91% of consumers now prefer brands that offer recommendations and deals relevant to them as individuals.

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BigCommerce Turns Up the Heat in Palm Springs at eTail West 2022

BigCommerce

On the heels of NRF, the BigCommerce team headed west to make its stake at eTail West 2022 in Palm…

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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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Incorporating Online Meal Planning Solution Boosts Transaction Completion 5X for Grocery Retailer

Retail TouchPoints

Reasor’s Foods has reduced cart abandonment among its online shoppers with the deployment of a white-label meal planning solution from GroceryShopii. Since integrating the solution into its RecipeToTable meal planning option in summer 2021, shoppers using it are 5X more likely to complete their ecommerce transactions compared to non-users. These consumers also make twice as many visits to the Reasor’s site and spend 8.6% more when recipes drive their shopping experiences.

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How brands are responding to Russia's war on Ukraine

RetailDive

Russia's invasion of Ukraine raises logistical and moral questions for retailers and introduced new unpredictability into the supply chain, world economy and consumer sentiment.

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'In support of the people of Ukraine,' TJX will sell minority stake in Russian off-pricer

RetailDive

Over two years ago, the company paid $225 million for a non-controlling minority stake in the retailer, which runs 400 stores in Russia.

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Dollar General Expansion Plans Expected to Create 10,000 Net New Jobs

Retail TouchPoints

Dollar Genera l has announced plans to create approximately 10,000 net new positions during fiscal 2022, a 6% increase of its total workforce. This hiring surge is credited to Dollar General’s forecasted growth of new stores, distribution centers and its private fleet. Dollar General’s fiscal year ends Feb. 3, 2023. In December 2021, Dollar General announced plans for significant expansions and upgrades to its store footprint, including: • More than 1,000 new store openings; • 1,750 store remode

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How Gainful’s Discount Program Changed a Student’s Life

SheerID

Read how Gainful’s personalized offer transformed a student's health and turned her into a devoted brand advocate.

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True Classic Taps PLM Solution to Maintain High Performance Amid Growth

Retail TouchPoints

Menswear brand True Classic has selected Centric Software ’s Product Lifecycle Management (PLM) solution, Centric PLM, to help power its operations. The company has been experiencing rapid growth and was looking for a solution that could facilitate its best-in-class product development and customer care. “Rather than letting this growth turn into a problem, we wanted to be proactive and integrate a PLM system early on in the life of the brand,” said Nick Ventura, Co-founder of True Classic in a

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From Data to Decisions: Maximizing Retail Potential with 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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REI relaunches its lifetime membership program

RetailDive

The program has new and enhanced benefits, and the retailer hopes to grow the effort to a 50 million member community by 2030.

Retail 101
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Podcast – Interview with Industry Experts on the Future of Retail and D2C Marketing

Digital Doughnut

The first episode in a new series of the csuite podcast called ‘Marketing Futures’, produced in partnership with SAP. Guests from Stitch Fix, Bravissimo and SAP talk about the changing face of the retail landscape, focusing on the future of retail and direct to consumer.

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Nike, Asos, Old Navy are most inclusive brands for Gen Z, study says

RetailDive

Nearly half of surveyed students are more willing to buy from a brand that has better gender representation and inclusivity in its marketing and advertising.

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15 Influencers Marketing Campaigns To Look At It

Ecommerce Guru

These days, you can’t go anywhere without hearing a word from an influencer. They play a vital role in promoting businesses of any type. The more prominent companies are already changing the game by hiring the influencers. Thus, the smaller ones have also started investing in them. However, a robust influencer marketing platform is required to get connected with the businesses where the final proceedings can take place.

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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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Adidas appoints chief creative officer

RetailDive

Alasdhair Willis has collaborated with the brand since 2005, where he helped develop the Adidas by Stella McCartney collection.

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Workers at REI store vote to join a union

RetailWire

Associates working at an REI store in Manhattan’s SoHo neighborhood have voted 88 to 14 to join the Retail, Wholesale and Department Store Union. The store is the first REI location to employ workers represented by a union. The push for a union at the store began when workers felt that fellow associates who pushed for increased safety measures in response to the pandemic were prevented from returning to work after the store reopened following a temporary closure.

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Gap escaped worst-case with supply chain dragging on Q4

RetailDive

The apparel seller plans to diversify its manufacturing and shipping profile to avoid further calamities like last year's.

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The nature of tech work has changed

RetailWire

Skilled technology workers found they liked the added flexibility that came from working at home during the pandemic. Many have little or no interest in going back to the office full time now that medical safety restrictions are being lifted. This new way of working poses challenges for employers but also opens up opportunities to recruit talent with fewer limits when it comes to geographical distance.

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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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How To Start A Bicycle Repair Business On The Side

365 Retail

One of the most important principles when it comes to starting a business is that you have to ask yourself if you are solving a problem. When your business idea is founded on a problem that people have and you offer a solution then you are starting on the right foot. This is why starting a bicycle repair business right now is one of the best businesses you can do since it is solving a problem that more and more people are having these days. .

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Key Effective Ways to Reduce the AWS Cloud Cost

Digital Doughnut

Effective ways to adopting the best practices of cloud cost optimization to reduce AWS cloud costs for organizations.

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Putin’s war on Ukraine pushes oil prices even higher

RetailWire

The price for a barrel of West Texas Intermediate oil rose to $116 in premarket trading for the first time since 2008 after Russia’s authoritarian leader Vladimir Putin said attacks against Ukraine would continue until his goals were achieved.

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The Best OptinMonster Alternatives: Which Comes Out on Top?

Ecommerce Platforms

Whether you’re new to digital marketing or a seasoned pro, the tools you use for your email marketing strategy never cease to be important. One example of such a tool is Optinmonster. This software enables list building using all kinds of different techniques. For instance, scroll boxes, floating bars, lightbox pop-ups, gamified wheels, and more. It's also popular for its wide range of templates, ease of use, and the ability to create non-interruptive ads.

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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

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IKEA and Nike close stores in Russia

RetailWire

IKEA has closed all its stores in Russia in response to the devastation and suffering caused by that country’s invasion of Ukraine. Nike has shuttered its shops in Russia, as well, issuing a statement that it is “deeply troubled by the devastating crisis in Ukraine.

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10 Women-owned Sustainable Businesses That You Need to Support

lateshipment

Though women comprise almost half the global workforce, the gender ratio gets skewed as we go up the hierarchy. Multiple reasons factor into this – starting from men being preferred over women in leadership roles, women themselves not taking the risk to climb up the ladder due to their preconceived biases, to external glass ceilings that women have to break every single day.

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Online grocery to lift Kroger’s 2022 results

RetailWire

Kroger has raised its forecast for annual same-store sales and profit above Wall Street’s expectations based on confidence in the continuing growth of its online pickup and delivery business. “We are actively encouraging customers to engage with us on our digital platforms, even when shopping in store. That’s because when a customer engages with us digitally, they spend more with Kroger,” said CEO Rodney McMullen.

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10 Women-owned Sustainable Businesses That You Need to Support

lateshipment

Though women comprise almost half the global workforce, the gender ratio gets skewed as we go up the hierarchy. Multiple reasons factor into this – starting from men being preferred over women in leadership roles, women themselves not taking the risk to climb up the ladder due to their preconceived biases, to external glass ceilings that women have to break every single day.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Costco’s same-store sales jump 15.85 percent

RetailWire

Costco reported a 15.85 percent gain in U.S. same-store sales for its fiscal 2022 second quarter, while clubs in Canada were up 16.05 percent. The warehouse club giant did not answer whether it would raise membership fees. That may not be necessary as the chain reports that half of all memberships are for the higher priced executive card.

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Q4 2021 Roundup: Walmart Bets On Fulfillment, Foot Locker Weans Off Nike, Nordstrom Expands Media

Retail TouchPoints

The final stretch of 2021 was solid overall, despite some concerns that supply chain and staffing issues would drag down holiday spending. And while the majority of retailers didn’t break any records, most reported steady growth and in-store traffic improvements compared to 2020. However, this doesn’t mean that the industry is growing complacent. Retailers are very aware of what they need to do to maintain their positive trajectories, and several are taking notable steps to meet shoppers’ needs:

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Inflation leads to more cases of buyer’s remorse

RetailWire

Higher prices take some of the fun out of “retail therapy” and research shows that consumers are more likely to question their purchases. “What we find is, to the degree you’re feeling more financially constrained and make a purchase, you’re actually less happy with that purchase than you would have been if you weren’t feeling financially constrained,” said Gavan Fitzsimons, a professor of marketing and psychology at Duke’s Fugua School of Business.

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4 Reasons Budding Online Businesses Should Start Multichannel Selling

RetailMinded

You deal with plenty of challenges as an e-commerce business owner. But, there’s likely one big challenge that tops your list: making sales. You want to get your products into the hands of as many happy customers as you can. Yet, with more than 350 million total products on Amazon and anywhere between 12 and 24 million companies selling their products online, e-commerce competition is stiff.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio