Tue.Nov 15, 2022

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Nike Launches.SWOOSH Web3 Platform for Virtual Product Creators

Retail TouchPoints

Nike has beta launched.SWOOSH , a digital community and platform where athletes, creators, collectors and consumers can learn about and collect creations like virtual shoes and jerseys that can be worn in digital games and immersive experiences. Nike plans to use learnings and community feedback from the platform for its first digital collection, which will debut in 2023.

Games 289
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Predictions 2023: Organizations That Maintain Trust Will Thrive

Forrester eCommerce

Amid geopolitical instability and economic turbulence, organizations will need to earn consumer trust to thrive. Read our predictions to help strengthen your firm’s trust strategy.

Consumer 195
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Walmart Settles Opioid Claims for $3.1 Billion

Retail TouchPoints

Walmart has agreed to a $3.1 billion settlement framework to resolve substantially all lawsuits (current and potential) by state, local and tribal governments related to the opioid crisis. According to a company press release , Walmart believes the settlement framework is in the best interest of all parties and will provide significant aid to communities across the country, with the money reaching state and local governments faster than any other nationwide opioid settlement to date, subject to

Other 289
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Precision Medicine Will Save Millions of Lives and Billions of Dollars, But Only Through Collaboration Of Its Stakeholders

Forrester eCommerce

Advances in genetics, molecular diagnostic, data science, information technologies and artificial intelligence are expanding doctors’ power to personalize therapies gradually transforming one-size-fits-all care into precision medicine (PM).

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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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TV Commerce: 3 Ways to Make Shopping Click for Consumers

Retail TouchPoints

Selena Gomez fans may love her wardrobe in Only Murders in the Building, but those who want to buy clothes like the ones she wears — or products advertised during the show — may find themselves grappling with an experience that’s as old school as her sidekicks in the Hulu series. Despite an increase in the number of households with smart TVs and the growing number of shoppable ad formats, the shopping cart remains stubbornly elusive for many brands and retailers.

Consumer 278
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Three Features That Will Set Your Mobile Banking App Apart

Forrester eCommerce

Forrester has been tracking emerging capabilities, products, services, and features that customers will expect and demand on banks’ apps in the next three years. Here are three mobile banking features from the second of two reports we’ve recently released: Carbon footprint tools and green financial products. Forrester found that 35% of US online adults would […].

Banking 195

More Trending

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The Best Turnkey Ecommerce Website Providers

Ecommerce Platforms

Let's be honest – ecommerce is the online money-making opportunity of the decade. ecommerce sales reached $5.2 trillion in 2021, and it's set to hit $8.1 trillion in the next few years. . But, many are reluctant to open an online store because they think it's too complicated or expensive. But the truth is, it's not necessarily as hard as you might think.

eCommerce 197
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This Holiday Season, Turn Impressions Into Intent

Forrester eCommerce

Marketers are turning to retail media to generate and harvest demand while expanding sell-through this holiday season.

Marketing 195
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5 Ways to Ensure Great Post-purchase Customer Support

lateshipment

Exceptional customer support is not an option but a necessity. Especially if you’re part of an e-commerce business, there can be no second thoughts when it comes to a great customer support service, as it plays a huge role in positive customer experiences (CX), which then further leads to repeat purchases. However, high o rder volumes, i ncreased customer support requests, etc, can be a burden in your commitment to provide a quality support service.

Customer 130
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Parents out of work in record numbers caring for kids sick with RSV, COVID-19 and flu

RetailWire

The number of parents staying home to look after sick kids rose to an all-time high in October, according to the Bureau of Labor Statistics. “We have sick kids at the same time we have a child-care crisis — you put the two together and there just isn’t any wiggle room,” said Diane Swonk, chief economist at KPMG. “People are falling through the cracks.

Article 96
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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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Grow Your Holiday Sales With SMS Marketing: Four Tips To Build Your List Now

Sailthru

Grow Your Holiday Sales With SMS Marketing: Four Tips To Build Your List Now SMS marketing has fast become a main contender when prioritizing which channels to choose to achieve your business goals, and how best to reach your customers. Which is not surprising considering consumer sentiment around receiving text messages from brands has evolved over recent years, with 91% of customers saying they’re interested in signing up to receive SMS from a brand.

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7 Pricing Strategies to Supercharge your eCommerce Christmas Sales

IntelligenceNode

Price matters. As of 2022, the price has become a make-or-break factor for almost 50% of American shoppers. With the holiday season fast approaching, these price-sensitive consumers are looking to. The post 7 Pricing Strategies to Supercharge your eCommerce Christmas Sales appeared first on Blog.

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Study: 40% of consumers willing to pay extra for climate-conscious products this holiday

RetailDive

Shoppers are bracing for higher prices this season, but many want to buy from brands with sustainability practices, according to a Shopify report.

Shopify 104
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Brewing Up a Natural Fix with Jibby Coffee

Smile.io

Finding the perfect mix of feeling energized and not anxious can be a delicate balance when it comes to caffeine. This is why Alvaro Ortega and James Reina, owners of Jibby Coffee , teamed up to offer CBD coffee to a wider community. After spending years of trial and error trying to find a natural stress and focus supplement, Alvaro found great success in the medical combo of CBD coffee.

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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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Walmart raises full-year outlook as Q3 revenue jumps nearly 9%

RetailDive

However, the retailer saw a decline in general merchandise comparable sales even as it gained market share in grocery.

Marketing 109
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Singles’ Day Analysis 2022

Dynamic Action

China’s largest annual shopping festival has concluded and for the first time, Alibaba did not report on its traditionally record-breaking results. Instead, it stated that sales aligned with last year’s event, which would mean the slowest growth since the company kicked off Singles’ Day in 2009. Beijing’s zero-COVID policy and ongoing property crisis curbed demand this year, causing the event to lose its luster in its home market.

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Foot Locker deepens Puma partnership to secure more exclusive product

RetailDive

The deal emphasizes basketball, and gives Foot Locker exclusive access to a series of new collections from the brand.

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Solar Lights: How To Choose And Why Should We Use Them?

365 Retail

Solar energy is the most efficient energy to save our future. It’s time to become more sustainable and consider natural things which are recyclable. The modern world is already in danger due to our inappropriate nature towards the environment. . So, it’s time to become sustainable and use recyclable and efficient energies. Solar lights are getting popular these days, and we can focus more on the things which can give us ultimate satisfaction. .

Outdoor 52
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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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ThredUp lowers outlook amid fresh competition from legacy retailers

RetailDive

The price promotions being used to clear a glut of inventory at many stores are dampening demand for secondhand apparel, executives said.

Apparel 98
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RetailNext Acquires UK Counting and Footfall Solutions Specialist from Ipsos

365 Retail

RetailNext, the leading analytics solution for brick-and-mortar retailers, today announced the acquisition of Retail Performance, the UK-based people-counting and footfall solutions from Ipsos, one of the world leaders in Market Research. The deal strategically positions RetailNext for further rapid growth in the UK and European retail intelligence space, and coincides with the company’s opening of new offices, headcount expansion, and onboarding of major new customers.

Games 52
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Gift giving meets revenge living: Why experiences are so important this holiday season

RetailDive

Consumer spending this year could meet last year’s totals, but with fewer gifts expected to be given, landing the sale just got harder.

Gifts 93
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When brand purpose leads to real impact

365 Retail

What does it mean to be a purpose-led brand? For me it’s about advocating and driving change on issues genuinely linked to our business and values. Because when there is real connection, there’s also real impact. This is even more important in today’s world. A global study analysing the business value of brands with a well-understood “purpose”, revealed that consumers are four to six times more likely to trust, and defend companies with a strong purpose.

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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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Francesca’s names CFO

RetailDive

Teresa Baker is the company’s latest hire, following the fall appointments of its CTO and vice president of e-commerce.

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October wholesale prices grew more slowly than expected

RetailWire

The Producer Price Index, which measures the cost of wholesale goods and services, rose eight percent in October, below the 8.3 percent forecast by economists. Core PPI, which does not include food or energy, rose 6.7 percent.

Article 52
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Top 10 Tools for Remote Workforce Management Solutions

Digital Doughnut

A remote workforce can be costly to manage. You must keep track of your employees and ensure they are doing their assigned tasks. Workforce Management Solutions (WMS) come in handy to manage staff remotely.

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Walmart agrees to pay $3.1 billion to settle opioid lawsuits

RetailWire

Walmart has reached a deal to pay $3.1 billion to settle opioid lawsuits brought by states and municipalities for its role in the nation’s opioid crisis. The retailer maintains that the settlement is not an admission of guilt. Walmart intends to pay the settlement almost immediately unlike CVS and Walgreens, which will spread payments out over 10 years.

Retail 52
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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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Party City taps new COO to optimize supply chain

RetailDive

The leadership change comes as the party goods retailer targets $30 million in cost cuts.

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Amazon plans to cut 10K workers

RetailWire

Amazon.com plans to lay off around 10,000 people, about one percent of its global workforce, cutting from its devices and retail divisions as well as human resources. The company saw its head count shrink by almost 80,000 people between April and September primarily due to hourly worker attrition.

Retail 40
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Nike loses third diversity officer in 2 years

RetailDive

Jarvis Sam is leaving the position after a matter of months.

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Bed Bath & Beyond to issue shares to pay off debt

RetailWire

Bed Bath & Beyond said it would issue 11.7 million shares of its stock to some of the firms holding its bonds. The shares will pay off $123 million of the $1 billion in debt the retailer owes with notes coming due in 2024, 2034 and 2044.

Retail 40
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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