Wed.Feb 14, 2024

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The Rise Of Experience-Fueled Growth

Forrester eCommerce

Experience-fueled growth is on the rise creating a rapid and sustainable business advantage. Learn what's needed to prioritize every decision through the lens of the customer providing exceptional experiences.

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Shopify Google Tag Manager: The Essential Set Up Guide

Groove

Shopify is a leader in eCommerce, with over $74 billion of market cap as of the 2nd quarter of 2023. As a Shopify merchant, you’re always on the lookout to continuously test and find winning strategies to gain a larger share of the pie. Other than a winning product, your marketing efforts need to be streamlined so that you can turn on the pipeline and watch the customers roll in.

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CDP In APAC: A Fast-Growing Emerging Market

Forrester eCommerce

I’m pleased to announce the publication of The Customer Data Platforms In Asia Pacific Landscape, Q1 2024 report. This comprehensive report features 22 vendors with $5 million or more annual CDP revenue from the APAC market.

Marketing 459
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How the Not-Amazons of the World Should Approach Commerce Media

Retail TouchPoints

All eyes in the retail world are on opportunities in commerce media right now — and rightfully so, given that the already-massive spend in this channel is expected to double again by 2027. But as the gold rush gains momentum, it would behoove small and mid-size retailers to remember that not everyone is running the same race for the same prize. Commerce media represents a tremendous opportunity for retailers of all sizes to open new revenue streams and make the most of their close customer relat

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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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Benefits of a Single Source of Truth for Product Content | Salsify

Salsify

Imagine this scene: You’re looking for the most up-to-date price or SKU for a new product launch but (like usual) you’ve ended up deep in an email thread with multiple spreadsheet tabs open — and you still can’t find what you’re looking for.

eCommerce 131
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Staples to Deploy AI-Powered Robotic Picking in Fulfillment Centers

Retail TouchPoints

Staples will install autonomous item-handling robots in its fulfillment centers as part of a multi-year agreement with RightHand Robotics. The solution provider’s RightPick system is powered by advanced hardware, a sensor suite and RightPick AI software designed for a wide range of warehouse tasks. “We have always valued automation, and we see it as the future of ecommerce picking,” said Amit Kalra, Chief Supply Chain Officer at Staples in a statement.

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New Crocs and Famous Footwear Product Drop Supports U.S. Foster Youth

Retail TouchPoints

It’s fair to say that Crocs has mastered the art of the product drop, collaborating with obvious (and not-so-obvious) partners on exclusive designs and collections. The casual footwear brand’s latest venture is with retail partner Famous Footwear. They’re launching two exclusive designs to support the Ticket to Dream foundation, a non-profit organization dedicated to providing support and opportunity for kids in foster care and their foster families.

Arts 264
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11 digitally native retailers that could file for bankruptcy in 2024

RetailDive

While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.

Retail 137
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Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy

Retail TouchPoints

Amid declining sales, apparel retailer Express has hired restructuring adviser M3 and law firm Kirkland & Ellis to help restructure nearly $280 million of debt, according to the Wall Street Journal , which cited people with knowledge of the matter. If the company is unable to successfully restructure its debt, a bankruptcy filing could be imminent.

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Dole Salad Kit Recall Due to Listeria Concerns

RetailWire

Yet another popular convenience food is being recalled due to Listeria concerns. Dole Salad Kits may have been contaminated with the virus, and the company has called for a recall of the affected products.

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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 Shop Premium Outlets is Helping Brands ‘Light Up’ Excess and Outlet Inventory

Retail TouchPoints

It’s been more than four years since mall operator Simon launched its ecommerce joint venture with Rue Gilt Groupe , and the Shop Premium Outlets (SPO) marketplace is going strong. The site, aimed at bringing off-price inventory from Simon’s malls online, now features more than 300 brands and as of last September, sales were up 100% year over year.

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Morrisons Daily chooses Henderson Technology as EPOS partner

TalkingRetail

Morrisons Daily has chosen EDGEPoS by Henderson Technology as its EPOS partner, with a new five year deal. The agreement will see Morrisons Daily recommend the entire suite of products available from EDGEPoS to Morrisons Daily franchise customers.

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Instacart Lays Off 250 in Move to Streamline and Focus on Growing Retail Media Business

Retail TouchPoints

Instacart has laid off 250 employees in a move to “reshape” the newly public company, as it looks to “focus on our most promising initiatives and execute more efficiently to a flatter organization,” said CEO Fidji Simo on a call detailing the grocery tech company’s Q4 and full year 2023 results. Simo also shared that three top executives — COO Asha Sharma, CTO Varouj Chitilian and Chief Architect JJ Zhuang — were leaving the company.

Retail 147
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Charts: Global Economic Outlook Q1 2024

Practical eCommerce

Per the International Monetary Fund, global economic growth will continue through 2024 and 2025, although differences in advanced versus developing economies will persist. The post Charts: Global Economic Outlook Q1 2024 appeared first on Practical Ecommerce.

eCommerce 110
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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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Away lays off 25% of internal staff

RetailDive

The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.

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Neiman Marcus Bolsters E-Commerce, Slashes Asset Management Time by 75%

RIS News

For retailer Neiman Marcus, product images were a piece of the e-commerce pie that needed refining. Learn how a tech partnership resulted in an optimized user experience.

eCommerce 103
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Celebrating a Century

Canadian Special Events

Dustin Westling and his team at OneWest Event Design breathed new life into an old theme, blending visual brand elements to create a fresh experience for attendees at this brilliant event nominated for Best Event Design/ Decor $50,000 – $150,000 at the 2023 Canadian Event Awards. In the aftermath of a year where events were scarce, the revival of gatherings in 2022 sparked a surge in requests for Roaring Twenties-themed occasions.

Arts 97
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Target Reducing Self-Checkout Hours in Certain Stores To Fight Missing Inventory

RetailWire

Challenges with Target's self-checkout lanes continue as the retailer is cutting down the hours of operation at some of its stores.

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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 $55 Billion Future of Retail Robotics

RIS News

The strategic use of automation allows human workers to focus on more engaging activities, such as customer interaction, ultimately improving working conditions and fostering better employee experiences.

Retail 90
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Instacart Cuts 250 Jobs as Stock Falls

RetailWire

Instacart, the grocery delivery retailer, made a new move on Tuesday, slashing about 250 jobs, which amounts to approximately 7% of its workforce.

Retail 98
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Staples Implements AI-Powered Picking Robots for Fulfillment

RIS News

Staples is partnering with a robotics company to bring AI-powered robots to fulfillment centers nationwide, aiding in next-day delivery and labor shortages.

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Amazon Prime Subscriber Files Lawsuit Over Ads on Prime Video

RetailWire

A California-based Amazon Prime subscriber recently filed a class action lawsuit against the company over its implementation of advertisements on Prime Video.

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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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Building Consumer Trust in the Digital Age: Thrudark’s Strategy

365 Retail

At ThruDark, we’ve committed to charting our own course to success — and integral to that mission is the relationship we have with our customers. After all, we’ve not got this far alone. We’ve earned consumers’ attention, built their trust, and maintained their loyalty every step of the way on our journey to becoming a leading outerwear brand. But consumer trust isn’t measured in Instagram followers or quarterly sales.

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William Post, Creator of Pop-Tarts, Dies at 96

RetailWire

William Post created the shelf-stable snack treat in 1964 with just four original flavors.

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Hasbro cuts half of its SKUs as sales fall 23% in Q4

RetailDive

CFO Gina Goetter said the products represented just 2% of revenue and were duplicative and unprofitable.

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User Generated Content, Personalization, Convenience Will Top Consumers’ Shopping Wish Lists in 2024

RIS News

Get a sense of future consumer shopping habits and how the industry should react in this compilation of the latest industry research.

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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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The Body Shop in Crisis: Administration Looms, Jobs and Stores at Risk

RetailWire

The Body Shop, a well-known skincare and cosmetics retailer founded by Anita Roddick in the 1970s, has appointed administrators, leading to concerns over the business's future.

Retail 59
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Instacart Slashing 250 Jobs, Looking for New CTO

RIS News

Instacart is undergoing a restructuring plan that includes a reduction of approximately 250 employees but is hiring a new CTO to replace Varouj Chitilian, who is leaving the company. Get the details.

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Instacart to lay off 250 workers, part ways with 3 execs

RetailDive

The layoffs are part of a restructuring program that will help “flatten the organization” to focus on core initiatives, CEO Fidji Simo said in a letter to shareholders.

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Valentine’s Day Sweets Significantly Priced Up

RetailWire

Buying Valentine's Day-themed candy seems to come with a higher-than-normal price tag this 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.