Wed.Feb 21, 2024

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Sustainability Reporting Standards, And Frameworks, And Regulations, Oh My!

Forrester eCommerce

The first reports on the climate impact of organizations under the EU’s Corporate Sustainability Reporting Directive (CSRD) won’t trickle in until 2025 for the 2024 financial year. And the greatly anticipated Securities And Exchange Commission (SEC) rule on Climate-Related Disclosure slated to be finalized in 2023 has been postponed yet again.

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Building Loyalty Without Breaking the Bottom Line: the Dual Shipping Dilemma for Ecommerce Merchants

Retail TouchPoints

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers. With rising fuel prices, supply chain and logistics challenges, and higher labor and production costs, retailers are struggling with how to efficiently deliver a high vol

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Announcing The Forrester Wave™: Digital Asset Management Systems, Q1 2024

Forrester eCommerce

Check out this preview of The Forrester Wave™: Digital Asset Management Systems, Q1 2024, which reveals the DAM vendors that are pushing the boundaries of intelligent and strategic creativity.

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Amazon Powers its Way Onto Dow Jones Industrial Average

Retail TouchPoints

In a sign of its enormous role in both the U.S. and world economies, Amazon will join the exclusive “club” of 30 companies that make up the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance. Additionally, Uber has been added to the Dow Jones Transportation Average, driving out JetBlue Airways. Both changes will be effective prior to the opening of trading on Feb. 26, 2024.

Consumer 276
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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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GenAI Consumer Outlook, Q1 2024: Which Consumers Will Pay To Use GenAI?

Forrester eCommerce

Welcome to the second installment of Forrester’s Generative AI Consumer Outlook Quarterly Blog Series! You’ll be able to find the first one here. With GPT-4 Turbo’s launch in late 2023, Google’s announcement of Gemini, and Microsoft Copilot’s Superbowl ad, consumers are now faced with plenty of options for consumer-facing gen AI tools.

Consumer 431
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Target Partners with Diane von Furstenberg for Limited-Time, Lower-Cost Collection

Retail TouchPoints

Beginning March 23 online and in most of its stores, Target will offer a Diane von Furstenberg collection consisting of more than 200 items, most priced under $50. The collection, available while supplies last, encompasses women’s, girls and baby apparel and accessories along with beauty and home décor items starting at a $4 price point. Target debuted a value-priced private label brand earlier this month.

More Trending

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Activist Investor Arkhouse Nominates Slate of Retail Heavyweights in Bid to Take Over Macy’s Board

Retail TouchPoints

Real estate investment firm Arkhouse Management has put forward a slate of nine nominees in an attempt to take control of the Macy’s, Inc. board, after the retailer rejected a takeover bid from Arkhouse earlier this year. The slate of nominees includes former executives from retailers including Hudson’s Bay Co. , Target , Victoria’s Secret and Vitamin Shoppe.

Retail 264
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Stormy Seas Ahead: Top Trends On The Horizon For Healthcare In 2024

Forrester eCommerce

Healthcare organizations (HCOs) are navigating turbulent waters as they confront long-standing industry challenges and broad economic currents. The convergence of these factors tests HCOs’ adaptability and resilience. In two new reports on healthcare trends, we explore how HCOs can weather the storm and overcome these challenges.

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Design Expert Tells All: What to Expect from Home Décor this Year, from the Calming to the Chaos

Retail TouchPoints

In the dynamic world of interior design, where change is not just a constant but a pulsating adventure, 2024 is set to be a thrilling year filled with transformative design trends. At Redecor, our lively team of interior design wizards have donned their trend-setting hats to forecast the upcoming waves of inspiration that will turn your living spaces into a dynamic river of creativity.

Games 263
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The Forrester Wave™: Learning Management Systems And Experience Platforms, Q1 2024 — Three Things I Learned

Forrester eCommerce

For the last six months, I’ve been deep in the weeds of evaluative research on learning platforms, and it has been eye-opening.

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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.

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How Hydra Health is Transforming the Hospital Gift Shop

Retail TouchPoints

Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. That translates into gift shops and cafeteria spaces that are often sterile environments featuring the same mediocre-quality products and pre-packaged foods. Marie Kloor and her firm, Hydra Health , are focused on changing that.

Gifts 263
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Walmart’s 3 Strategic Artificial Intelligence Investments

RIS News

Walmart Inc. reported a strong fourth quarter and executives detailed how the Walmart and Sam's Club are strategically investing in Artificial Intelligence, both in stores and online. Get the details.

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FuboTV Files Lawsuit Against Disney, Warner Bros. Discovery, and Fox

RetailWire

FuboTV, a sports streaming platform, has taken legal action to halt a collaborative effort by Disney's ESPN, Warner Bros. Discovery, and Fox. This move aims to thwart the partners' plan of offering a bundled sports streaming package, which Fubo claims promotes illegal market manipulation and undermines its competitors.

Marketing 105
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RFID has been around for decades. Now it’s becoming retailers’ best crime-fighting tool.

RetailDive

The tech has long been used for inventory management, but is being affixed to more merchandise and yielding more data.

Retail 134
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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American Casino Patrons Gambled a Record $66.5B in 2023

RetailWire

American casino patrons gambled a record $66.5 billion in 2023. The total surpasses 2022’s previous high of $60.5 billion by 10%, marking the industry’s third-straight record revenue year.

Games 98
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15 Best Places To Sell Clothes Online With Minimal Fees

eCommerce CEO

So, you’re intrigued by the idea of selling clothes online? Whether you’re looking to tidy up your closet for extra cash or toying with launching.

Clothing 101
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Beyond Meat Is Revitalizing Its Brand With Healthier Beef

RetailWire

Beyond Meat, based in El Segundo, California, is giving its popular plant-based burger a makeover in hopes of reigniting interest and sales in the United States.

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BNPL popularity rises among ‘financially fragile’ consumers

RetailDive

About 60% of that group has used BNPL five or more times in the past year, compared to just over 20% of financially stable consumers, the New York Fed said.

Consumer 112
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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The Rise of Organized Crime Hits Home Depot

RetailWire

A recent investigation into retail theft at Home Depot stores across Florida has uncovered a sophisticated operation involving grand theft and fraudulent barcode switching.

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Key Takeaways From the Wiser Industry Leaders Brand Panel: Sales Strategy and Technology

Wiser

A recent customer panel hosted by Wiser Solutions revealed critical insights that demonstrate the agility and adaptability of brands. As the world navigated the complexities brought on by COVID-19, retail strategies had to evolve rapidly to maintain a competitive edge. Leaders from top-performing brands shared their experiences and strategies covering a range of topics—from the impacts of the pandemic to the innovative use of technology and data in crafting successful sales strategies.

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American Airlines Passenger Tries To Open Door Mid-Flight

RetailWire

Flight 1219 from Albuquerque, New Mexico, to Chicago, Illinois, was forced to return to New Mexico shortly after taking off because of a disruptive passenger.

Travel 98
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Shein to debut spring-summer collection in shoppable livestream

RetailDive

The event, which is available on YouTube, X, Instagram and Facebook, builds off one that the fast-fashion giant held last fall.

Fashion 120
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Omnichannel E-Commerce: Drive More Revenue at Less Cost

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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Charts: U.S. Small Business Trends Q1 2024

Practical eCommerce

January survey results from the National Federation of Independent Business are mostly gloomy. The post Charts: U.S. Small Business Trends Q1 2024 appeared first on Practical Ecommerce.

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How Optimizing Delivery Improves Customer Loyalty

RIS News

Delivery is a growing omnichannel experience. Exploding out of necessity during the pandemic, consumers continue to show a post-pandemic preference for having goods brought directly to their homes – such as a meal, clothing, or even groceries for the family.

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S&P Global Ratings downgrades VF Corp, expects sale of at least one major brand

RetailDive

Declines at VF’s top four labels will likely continue amid weakness in wholesale and direct-to-consumer sales — and not just at Vans.

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A quarter of shoppers will now only shop with retailers offering loyalty member pricing, according the Retail Technology Show research

365 Retail

With supermarkets including Sainsbury’s, Morrisons, M&S and Coop following Tesco’s lead, launching discounted prices exclusively for loyalty scheme members, the popularity of these programmes has risen among price-conscious shoppers, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Expert analysts consider what the technical recession means for consumer spending

TalkingRetail

As the UK slipped into technical recession, the fall in economic output was steeper than most economists expected, with the economy barely growing over the course of last year.

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bp Continues to Strengthen Retail Team With the Appointment of David Phillpot as Convenience Trading Director, Europe

365 Retail

bp has announced the appointment of David Phillpot as convenience trading director, Europe. David joins bp from iconic retailer M&S and brings over 25 years of experience in diverse food retail roles. In his most recent role as franchise director, he led relationships and commercial plans with all of the M&S franchise partners, including bp.

Retail 67
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‘Scan-Pay-Go’ app company Ubamarket gets £1.25m further investment

TalkingRetail

IW Capital, an investment house specialising in providing growth capital for life-changing companies, has announced a further investment of £1.25m into its portfolio company, Ubamarket. The UK-based private company’s ‘Scan-Pay-Go’ app allows shoppers a frictionless shopping experience, using a mobile device with little or no… This story continues at ‘Scan-Pay-Go’ app company Ubamarket gets £1.

Mobile 59
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Atria Watford Welcomes New Stores Including B&M

365 Retail

Atria Watford, a prominent retail and leisure hub in the UK, managed by Global Mutual and asset owned by SGS, with Savills overseeing property management, is set to introduce new stores to its portfolio. B&M is slated to open its inaugural store at the centre later this year, alongside Choice Discount, and a joint Peacocks and Bonmarché store, all anticipated to commence operations in the latter half of the year.

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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.