Wed.Apr 24, 2024

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When It Comes To Sales And Marketing Alignment, Data Needs To Come Before People

Forrester eCommerce

Perfecting the execution of a complex system requires data to enable revenue teams to deliver the best results on every deal.

Marketing 446
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Why my Retail Finance Team Loves AI

Retail TouchPoints

For me, the great thing about working in finance is getting to make decisions that touch all aspects of the organization. Finance really places you at the center of everything, where decisions you make play a pivotal role in sustaining long-term business success. That is, at least, the theory. The reality is that, for teams that rely heavily on manual workflows, financial management can be not just burdensome but downright soul-sucking.

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The European Accessibility Act Compliance Deadline Is Approaching — Are You Ready?

Forrester eCommerce

The European Accessibility Act deadline is approaching, are you ready? Read on to learn how best to prepare.

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Foot Locker Debuts ‘Store of the Future’ in New Jersey

Retail TouchPoints

Foot Locker has unveiled its new store format, which includes a communal sneaker try-on area to facilitate “sneaker culture” conversations and technology that provides store associates with omnichannel inventory availability data. The retailer plans to use learnings from this store, located in the Willowbrook Mall in Wayne, N.J., for additional reinvented stores it will open in 2024 , including at the brand’s NYC flagship and locations in Paris, Melbourne and Delhi.

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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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Rock Your Enterprise Architecture Award Submission: Dos and Don’ts

Forrester eCommerce

Since 2010, Forrester has sponsored its Global EA Awards, which means this is the 15th annual occasion! This award offers the opportunity to showcase real excellence in enterprise architecture, distinguish your company’s thought leadership, and give back to the broader architecture profession.

Customer 243
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Big Lots Boosts Liquidity with $200 Million Loan Facility

Retail TouchPoints

Beleaguered retailer Big Lots has increased its borrowing capacity by up to $200 million with a new “first in, last out” term loan facility, secured through an affiliate of Gordon Brothers Capital. The move “significantly enhances the company’s liquidity position and is incremental to the borrowing capacity within the company’s current $900 million asset-based revolving loan facility,” according to a Big Lots statement.

More Trending

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Google Again Delays Cookie Depreciation, This Time to 2025

Retail TouchPoints

In what has become a recurring plotline, Google has once again delayed third-party cookie deprecation on its Chrome web browser. Previously scheduled to be completed by the second half of Q4 2024, Google now anticipates the change will take place sometime in 2025. This marks the third time Google has pushed back the timeline on cookie deprecation, plans for which were first announced in January 2020 , when the company committed to removing tracking tech from Chrome within two years.

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A Guide to FedEx and UPS Delivery Signature Options

lateshipment

In the world of shipping and logistics, ensuring your packages reach their destination safely and securely is crucial and carriers ensure their full-on commitment to it. One aspect of this process is the carrier getting a confirmation of receipt upon successfully delivering a package to its intended recipient or an authorized individual at the delivery address through a signature.

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#RICE24 Community Convos: Amy Jain, Co-founder & CEO, BaubleBar

Retail TouchPoints

Founded in 2010, BaubleBar has become one of the most popular destinations for statement-making styles, affordable jewelry and personalized accessories. (Personally, I’m a big fan of the partnerships the brand has tapped into with the MLB, NBA, NFL and Disney.

Jewelry 246
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Upsellit Awarded “Best Partnership Teams” at 2024 US Partnership Awards

UpSellIt

Upsellit officially won Bronze for Best Partnership Teams at the US Partnership Awards! We are honored to be recognized for our elite client collaborations that drive their success as well as our own. About the US Partnership Awards The US Par tnership Awards celebrate the individuals, companies, and technologies that foster outstanding outcome-based performance in affiliate, brand, and influencer partnerships.

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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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Kizik Extends NYC Pop-Up Through Memorial Day Due to Shopper Demand

Retail TouchPoints

Footwear brand Kizik partnered with MG2 on a pop-up concept in New York City’s SoHo to gauge market demand. The people have obviously spoken, because the brand has decided to extend the pop-up through Memorial Day. Originally slated to run for one weekend (April 19-21), the Greene Street pop-up is the first physical manifestation of Kizik’s new brand identity and “motion is magic” tagline.

Fashion 165
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GM Reports Surge in Profit on Gas Car Sales

RetailWire

Although General Motors has had trouble selling its electric cars, a recent report indicates that the increase in sales of gas-powered vehicles helped the company generate a profit.

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What Q1’s retail sales say about the consumer in 2024

RetailDive

In the first three months of the year, a strong job market and wage gains helped buoy consumer spending, but some analysts warn it may not last.

Consumer 135
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Chrome Extensions for ChatGPT, Claude, Gemini

Practical eCommerce

We test third-party Chrome extensions for organization, productivity, and more. The post Chrome Extensions for ChatGPT, Claude, Gemini appeared first on Practical Ecommerce.

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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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Foot Locker unveils new store concept in ‘critical year’

RetailDive

Chief Commercial Officer Frank Bracken told Retail Dive the new format fixes some old pain points, like a male-dominant experience, and also serves as a starting point for its fleetwide revamps.

Retail 120
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Whole Foods and Amazon Fresh Offer Unlimited Deliveries for $10 a Month

RetailWire

Amazon has unveiled a new program that allows customers of both Whole Foods and Amazon Fresh to receive unlimited grocery delivery for just $10 per month.

Customer 101
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Ikea embarks on companywide AI literacy initiative

RetailDive

Ikea workers can take a variety of courses, such as AI fundamentals and specialized training around ethical and responsible use of AI tools at work.

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Real-Time Insights Drive Success in New Ice-Cream Product Launch

Wiser

A national ice cream manufacturer sought to make an impact in the market with the launch of four new SKUs. Understanding the critical first two weeks of a product launch, the brand partnered with Wiser Solutions to gain insights into distribution, on-shelf availability, pricing, planogram compliance, and the effectiveness of promotional materials at the store level.

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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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How Upsellit Maximizes Revenue for Home & Decor Brands

UpSellIt

Back in 2020, we all began spending more time at home, leading to a redefinition of what functions a “home” could serve. Suddenly, a home was no longer just a place to sleep. It also became an office, classroom, fitness space, and entertainment hub. Four years later, consumers continue to define the home as a multifunctional space, proving that this redefinition of the home is not a fleeting trend.

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Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24%

RetailDive

Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit.

Toys 115
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FSB calls on Ofgem to take action on standing charges paid by small firms

TalkingRetail

The Federation of Small Businesses (FSB) has called for the energy regulator Ofgem to take action on the standing charges paid by small businesses, many of whom have seen the daily fixed price they pay, regardless of usage levels, soar over recent months.

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Saks seeks to carve out luxury niche in retail media with network launch

RetailDive

Saks Media Network debuts on the tails of the company receiving an infusion of capital to help it weather the current luxury downturn.

Retail 98
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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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Dom’s and Foxtrot Grocery Stores Close After Merger

RetailWire

Dom's Kitchen & Market and Foxtrot Market, two grocery chains based in Chicago, have announced the closure of all their stores. This decision comes six months after the companies merged.

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RTIC Outdoors expands into Walmart

RetailDive

The drinkware and cooler brand is selling 55 of its best-selling products in 3,800 of the mass merchant’s stores as well as on its website.

Outdoor 103
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Biona launches two new organic mustards

TalkingRetail

Biona, the organic food supplier to UK retailers, is pleased to introduce two new French mustards, a traditional wholegrain variant and a hotter French Dijon. The French Dijon mustard comes in a 200g jar with an RRP of £3.

Retail 59
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The turnaround of Abercrombie & Fitch is finally here

RetailDive

S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum.

Apparel 99
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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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Select & Save announces ‘strategic changes’

TalkingRetail

Independent convenience symbol group Select & Save is investing in a rebrand and its own label offering. In a LinkedIn post, managing director Kam Sanghera revealed some “exciting upcoming strategic changes to the business.

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Jason Wu Beauty lands in over 3,000 CVS stores

RetailDive

The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney.

Channel 105
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Nisa retailers celebrate Stop Food Waste Day with Too Good To Go milestone

TalkingRetail

Nisa’s independent retailers are marking Stop Food Waste Day by celebrating a Surprise Bag milestone with 175,000 meals now saved since the relationship with the world’s largest surplus food app, Too Good To Go began in 2019.

Retail 59
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Walmart+ enlists celebrity moms to answer TikTok questions for Mother’s Day

RetailDive

Paris Hilton, Whitney Cummings and others will offer advice in the second iteration of the retailer’s “Mother of All Savings Memberships” campaign.

Other 73
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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.