Forrester eCommerce
FEBRUARY 15, 2024
The NFL football season in the United States ended Sunday with the Kansas City Chiefs defeating the San Francisco 49ers in Super Bowl LVIII. NFL games, however, have become as much about the game off the field as they are about the game on the field thanks to fantasy football.
Groove
FEBRUARY 15, 2024
Shopify stores, unfortunately, do not benefit from the old saying, "Build it, and they will come." A digital storefront has many benefits, but the foot traffic we've grown accustomed to over the years as business owners has been replaced by something else: organic marketing. Search Engine Optimization (SEO) is one of the many different marketing methods, but the only one where customers can discover the benefits of your store simply by searching for a product or a solution.
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Retail TouchPoints
FEBRUARY 15, 2024
Skechers has opened store number 5,000 , in Bogotá, Colombia, nearly 30 years after opening its first store in Manhattan Beach, Calif. The sports apparel and performance shoe retailer’s first international store was in Japan; its 100th launched in NYC’s Times Square and its 3,000th debuted in China. “Every location offers the same look and feel to carry the Skechers brand with consistency across six continents,” said Michael Greenberg, President of Skechers in a statement.
FastSpring
FEBRUARY 15, 2024
Thanks to Tony Markov for contributing to this article! If you’re not sure how to sell an app direct to consumer (D2C) outside the app stores — or if you’re looking for a new way to monetize your mobile app or game — you may be wondering what options you have. Steep fees from platforms like the Apple App Store and Google Play can understandably cause game developers and app creators to look beyond the convenience and ubiquity of traditional app marketplaces, but restrictions from the platform pr
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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.
Retail TouchPoints
FEBRUARY 15, 2024
Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. The millions of BoA cardholders and Starbucks Rewards members in the U.S. can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks.
Salsify
FEBRUARY 15, 2024
In Joseph Campbell’s 1949 seminal work, “ The Hero With a Thousand Faces ,” the writer and academic (best known for his work in comparative mythology) presents a bold thesis: mythological narratives, across time, cultures, and distances, frequently share a common fundamental structure.
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Practical eCommerce
FEBRUARY 15, 2024
What do customers and prospects think about you or your company? These tools analyze mentions across the web. The post AI Tools for Brand Monitoring appeared first on Practical Ecommerce.
Retail TouchPoints
FEBRUARY 15, 2024
Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on the solution provider’s Enterprise Intelligence analytics platform. The retailer chose Parker Avery because of its retail-focused analytics capabilities and ability to provide insights that go beyond price recommendations to help inform decision-making.
365 Retail
FEBRUARY 15, 2024
The Watches of Switzerland Group has inaugurated its first TUDOR showroom at London Gatwick South Terminal, introducing a new destination for travellers to discover TUDOR’s latest watch collections. This development marks a milestone for TUDOR as it aims to expand its global presence, leveraging the high traffic of London’s prominent airport to reach an international audience.
Retail TouchPoints
FEBRUARY 15, 2024
Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free to join, is designed to deliver customized savings and benefits based on what members buy and how they shop. Staples is kicking off the program’s debut with a Leap Day promotion, offering 29,000 free passport photos nationwide and the chance to win 29X points for purchases members make on Feb. 29, 2024.
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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.
365 Retail
FEBRUARY 15, 2024
The Watches of Switzerland Group has announced the inauguration of a TAG Heuer boutique within London Gatwick, South Terminal. As one of the UK’s leading airports, Gatwick provides an ideal backdrop for this new venture, aiming to offer a sophisticated retail experience for watch enthusiasts and brand admirers alike, with an emphasis on high-quality timepieces.
Retail TouchPoints
FEBRUARY 15, 2024
With both IRL and virtual events, retailers and brands including Foot Locker , JD Sports , Nike , Jordan Brand and the National Basketball Players’ Association (NBPA) will be making sure the sideline action is as exciting as what happens on court when the National Basketball Association ’s annual All-Star weekend tips off in Indianapolis this Friday, Feb. 16.
RetailWire
FEBRUARY 15, 2024
Colorado Attorney General Phil Weiser took a decisive step on Wednesday, announcing plans to file a lawsuit aimed at blocking the proposed $24.6 billion merger between grocery retailers Kroger and Albertsons.
Retail TouchPoints
FEBRUARY 15, 2024
In May 2023, the U.S. Surgeon General declared the country had entered a loneliness epidemic , which could prove an existential threat to the health of our society and its people if left unaddressed. With this declaration, the CDC issued a clarion call for “individuals, governments, workplaces, health systems and community organizations” to confront this growing crisis by developing ways to increase personal connection.
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MakeWebBetter
FEBRUARY 15, 2024
Love a good promotional deal? Well, imagine snagging your favorite at a discount. It will make your day, right? The question is — how can your brand resemble such an experience? The answer lies in an effective promotional pricing strategy—one that finds the sweet spot between the product value and the revenue it generates, overall. [.] The post How To Implement Promotional Pricing Strategy For Long Term Success appeared first on MakeWebBetter.
Retail TouchPoints
FEBRUARY 15, 2024
The Stanley X Starbucks Valentine’s Day Quencher H2.0 Tumbler is the latest example of a viral retail phenomenon. The 40-ounce tumbler joins the likes of the Cabbage Patch Doll, Tickle Me Elmo and Furbies, which all generated long lines — even stampedes — of consumers clamoring to get their hands on these coveted goods. And while the initial hype is gone, the tumbler has spurred long-term interest, garnering a resale value of about $300 (a staggering 500% increase from its initial price).
RetailDive
FEBRUARY 15, 2024
Mithaq Capital has taken a 54% share, will nominate 11 people to the apparel retailer's board, and has offered to help shore up its liquidity.
Retail TouchPoints
FEBRUARY 15, 2024
Repurpose Global , an organization that brings brand leaders, consumers and policymakers together to combat plastic waste, has launched a $1 million fund to give companies equitable access to reuse and refill solutions. Approximately 70% of plastic reduction is achievable through reuse, refill and new delivery models, according to the UN. However, brands face complex barriers to implementing these offerings, such as inadequate infrastructure, a high cost of adoption and lack of flexible financin
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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.
RetailDive
FEBRUARY 15, 2024
In a memo on Wednesday Stewart Glendinning said the apparel retailer is awaiting a $52 million CARES Act payment to help with long-term liquidity.
RIS News
FEBRUARY 15, 2024
Starbucks Rewards members who are also Bank of America cardholders can now reap the benefits of a new loyalty program collaboration between the two companies.
365 Retail
FEBRUARY 15, 2024
Poundland has initiated an ambitious programme to transform 150 of its stores across the UK and Ireland by the end of August 2024. This initiative, named ‘Project Evo’, is set to deliver comprehensive makeovers, signifying the most significant investment in these locations in over five years. Project Evo will see the participating stores undergo complete renovations, improving both the shopping experience for customers and the working environment for colleagues.
RetailWire
FEBRUARY 15, 2024
A recent report has revealed that U.S. authorities are holding thousands of imported luxury cars from brands like Porsche, Bentley, and Audi due to concerns over parts made with forced labor in China.
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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.
365 Retail
FEBRUARY 15, 2024
Lidl GB has embarked on a transformative journey, announcing a switch from traditional paper pricing tags to Electronic Shelf Labels (ESL) across its entire network of stores. This strategic upgrade, set to be fully implemented by the end of 2024, is expected to yield significant environmental benefits, including an annual carbon savings of over 206 tonnes through the reduction of paper, packaging, and ink usage.
TalkingRetail
FEBRUARY 15, 2024
Frictionless commerce, once heralded as the future of retail, faces scrutiny amid lukewarm consumer response, according to GlobalData, a leading data and analytics company. Despite its touted convenience, barriers to entry persist, hindering growth in this sector. With a market worth a modest $375.
365 Retail
FEBRUARY 15, 2024
Marks & Spencer (M&S) is set to broaden its sportswear assortment with the addition of renowned brands Puma and Reebok to its dedicated sportswear platform, The Sports Edit on M&S.com. This move is part of the retailer’s ongoing strategy to enhance its ‘Brands at M&S’ offering, affirming its position in the sportswear market.
TalkingRetail
FEBRUARY 15, 2024
Hall’s of Driffield Nisa Local store has donated £3,000 to Northfield Infant School through Nisa’s Making a Difference Locally (MADL) charity initiative. The donation will be used to support a range of important projects at the school, benefiting current and future generations of pupils.
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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
RetailDive
FEBRUARY 15, 2024
Since the start of the year, the company dropped news regarding employee retention, compensation, store revamps and consumer-facing tech initiatives.
RetailWire
FEBRUARY 15, 2024
A faulty cloud storage server owned by premium car giant BMW revealed sensitive company information, which includes internal data and private keys.
iVend
FEBRUARY 15, 2024
The Pareto principle states that roughly 80% of outcomes come from 20% of causes * – hence it’s colloquial name of ‘the 80/20 rule’. The principle, brainchild of Italian economist Vilfredo Pareto at the end of the 19 th century, is why retailers find that roughly 80% of their revenue comes from 20% of their customer base. It’s this rule that is the key to understanding why loyalty programs are so important as a strategy for retail success.
RetailWire
FEBRUARY 15, 2024
A lawsuit against Match Group claims that dating apps promote addictive use. Tinder, Hinge, and other Match dating apps are filled with addictive features that encourage “compulsive” use, the proposed class-action lawsuit, filed on Valentine's Day, claims.
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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