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Nordstrom Family and Mexican Retailer Liverpool to Take Company Private in $6.25B Deal

Retail TouchPoints

Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 billion. The transaction, expected to close during the first half of 2025, will give the family members 50.1% ownership of the company and 49.9% to Liverpool.

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OpenAI’s o3: Hype Or A Real Step Toward AGI?

Forrester eCommerce

OpenAI's new o3 and o3-mini models are generating excitement with claims of advanced reasoning capabilities, fueling the AGI debate. With impressive benchmarks in visual reasoning, mathematics, and coding, these models showcase progress, but still have limitations like struggles with contextual understanding and ambiguity. While AGI remains distant, the continuous evolution of these models highlights both opportunities and challenges for organizations working with AI technologies.

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European Cybersecurity Reflections 2024

Forrester eCommerce

This time of year is perfect for reflectionlooking back at the challenges and successes of 2024 while anticipating the opportunities and changes that 2025 will bring.

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Party City to close all stores in bankruptcy

RetailDive

About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.

Retail 105
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The Evolving Retailer's Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfilment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfilment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for everyd

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Figma Import: Digital Design Made Fastr

Fastr

Good ol Figma an old friend to many ecommerce brands and a key part of their digital content and frontend creation process. Your designers, marketers, merchandisers, copywriters, and other creative team members would likely agree: It's familiar, powerful, organized, collaborative, and it gets the job done. We wouldn't argue that, but we would specify this: Figma gets the design ideation job done.

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Why Brand Trust Makes 87% of Shoppers Pay More for Products | Salsify

Salsify

The numbers are in: Customers will pay more for products from brands they trust. That is, 87% of them, according to Salsifys upcoming 2025 Consumer Research report.

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Don’t Trust Vendor Claims About Getting 100% On The MITRE ATT&CK Evaluations

Forrester eCommerce

The MITRE Engenuity ATT&CK Evaluations 2024 are out, and with them, another year of vendors claiming victory. As a reminder, these evaluations have no winners or losers just sweet, sweet data. Case in point, MITRE ATT&CK tracks and tests on techniques that could be completely benign, even something as simple as T1059.

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Nordstroms succeed in taking company private for $6.25B

RetailDive

The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.

Retail 105
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Wendy’s Is Closing 140 Locations by the End of 2024. Here’s Who May Be Affected.

RetailWire

Wendy's is closing several locations before the year is over.

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Mira Safety Thrives on ‘Red Alerts’

Practical eCommerce

Roman Zrazhevskiy's company sells protective gear for seemingly existential events, such as nuclear and chemical warfare. The post Mira Safety Thrives on ‘Red Alerts’ appeared first on Practical Ecommerce.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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The Party’s Over at Party City; Retailer Preps to Close 700 Stores Nationwide

Retail TouchPoints

Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in the Southern District of Texas and has begun to wind down retail and wholesale operations, including holding going out of business sales prior to closing its approximately 700 stores across the country. The retailer was attempting a financial restructuring as it was emerging from its previous bankruptcy in October 2023.

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Dollar Tree names Michael Creedon permanent CEO

RetailDive

Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives.

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Turning Interest into Action: The Psychology Behind Price Drop Alerts

UpSellIt

Price drop alerts tap directly into the psychology of excitement and reward, creating a dopamine-driven rush that makes shoppers eager to act. Imagine receiving that long-awaited email letting you know the running shoes youve been eyeing are finally at a discounted price. This is the exact moment these alerts are designed to spark. These alerts are more than just a tool for delivering good news.

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Large Reasoning Models Speed Content Marketing

Practical eCommerce

New genAI models are capable of problem-solving and complex reasoning, making them excellent research assistants. The post Large Reasoning Models Speed Content Marketing appeared first on Practical Ecommerce.

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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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Betting on Commerce Media? Then Don’t Model Your Data

Retail TouchPoints

Im a lawyer, and Im also a doctor. Im in Gen Z, yet Im 45. I like dirt bikes and also the opera. This sounds like the setup to some riddle. In fact, its what appeared when I searched myself in an online registry of the audience segments data providers thought I was part of. For the record, I am none of these things, nor am I in many of the 400 other segments I was seemingly randomly assigned to.

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The Key To AI Success? Don’t Start With The Technology

Forrester eCommerce

With all the relentless buzz about AI, its easy to start with the tool and then go searching for a way to use it. The problem with that is youre letting the technology, not your customers and your goals, drive your strategy. Set your company up for success with AI by following these steps.

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The Container Store files for bankruptcy, but it’s business as usual

RetailDive

Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.

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Five Retail Trends to Watch in 2025

365 Retail

The retail industry is approaching 2025 with significant momentum and a dynamic landscape shaped by notable developments over the past year. In 2024, the sector navigated a period of change driven by shifting consumer expectations, economic pressures, and evolving workplace dynamics. A new government in the UK introduced policies that have influenced business operations and consumer spending patterns, particularly in areas such as taxation and sustainability incentives.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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OpenAI Launches 1-800-ChatGPT To Call or Text With AI Assistant

RetailWire

Call 1-800-ChatGPT and get voice answers from an AI assistant.

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Best Buy to Launch Third-Party Marketplace, Again

Retail TouchPoints

Best Buy is giving a third-party marketplace another go. After shutting down its first attempt in 2016, the retailer is back eight years later with plans to launch a new online marketplace built on the Mirakl platform in summer 2025. I am excited to announce that our Sell on Best Buy Marketplace landing page is now live and accepting applications, so come and get your products in front of millions of customers and grow your business with us, said Frank Bedo, Chief Marketplace and Ecommerce Offic

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Meet The New Analyst Covering NAV And Zero Trust

Forrester eCommerce

I recently joined Forrester as an analyst on the Security and Risk (S&R) research team. My focus areas will be Network Analysis and Visibility (NAV), Zero Trust, and the Zero Trust domains of Analysis and Visibility and Automation and Orchestration.

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Amazon workers on strike amid the holiday rush

RetailDive

Thursday’s action at various Teamsters locals comes days after the release of a Senate report critical of working conditions at the e-retailer’s warehouses.

Retail 86
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5 Steps to Omnichannel E-Commerce Success

Today’s e-commerce landscape is vast and it’s moving fast and is fiercely competitive. To thrive you need to offer the right products to the right customers on the best channels. Learn how to successfully harness the power of omnichannel selling to reach more online buyers, diversify and grow revenue, and reduce cost – while delivering a seamless "shop to ship" customer experience across all channels.

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Outstanding Marketing Campaigns from 2024

Practical eCommerce

This year's outstanding campaigns feature collaborations, dupes, celebrity spots, mobile apps, mascots, dance routines, pop-ups, and AI-powered videos. The post Outstanding Marketing Campaigns from 2024 appeared first on Practical Ecommerce.

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Del Taco May Finally Be Coming to South Carolina. Here Are the Details.

RetailWire

Del Taco is coming to the Prairie State.

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Private Label Everything: Why ‘Off-Brand’ is On-Trend

Retail TouchPoints

For decades, household name brands have topped the consumer market. Theyve dominated shelf space at retailers around the world while owning consumer mindshare thanks to massive marketing budgets, established reputations and widespread recognition. Conversely, private labels were perceived solely as cost-effective solutions that helped stretch family budgets or worse, uncool and untrendy alternatives to the national brands they competed with on the shelf.

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Independent retailers face mixed outlook for 2025 says trade association

TalkingRetail

Independent retailers have weathered one of their most challenging years in 2024, with multiple headwinds affecting the sector, according to the British Independent Retailers Association (Bira).

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Big Lots to start going-out-of-business sales

RetailDive

The move comes as the company lays off over 500 employees at its corporate headquarters.

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How to Find the Best Retail AI Solution

Dynamic Action

Summary According to Business of Fashion, retailers who use AI technology are more likely to succeed in 2025. The British Retail Consortium also stated that many businesses are responding to the changing retail landscape by investing in more automation. Choosing the right AI-powered retail intelligence solution can be difficult, and picking incorrectly can be costly.

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Søstrene Grene to Open Sustainable Distribution Centre in the Netherlands

365 Retail

Sstrene Grene , the renowned Danish homeware retailer celebrated for its Scandinavian-inspired designs, is set to open a state-of-the-art 45,000 m distribution centre in Venlo, the Netherlands, by autumn 2025. Developed in partnership with Prologis , the facility will enhance logistics across Europe, improving stock availability and delivery times for Sstrene Grenes stores and customers, including those in the UK.

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How Brands from Walmart to Pacsun Have Harnessed the Power of Digital Twins

Retail TouchPoints

In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey. Digital twins are often linked to a data source; in some cases, that means the twin is updated to reflect the original version; in others, that means these virtual items unlock insights that can be applied within a specific function or an entire organization

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.