Tue.Nov 26, 2024

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Three Things Consumers Value More than Price When Choosing a Brand

Retail TouchPoints

Money isn’t the only thing that makes the world go ‘round. There are many reasons why consumers choose the products they buy and the brands they buy them from. Certainly, the price is high among them. However, according to the latest research from Marigold’s recently published Relationship Marketing Trends: Brand Rankings Report , there are things consumers look for beyond price that drive purchase decisions.

Consumer 265
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Adtech Competition Heats Up With A Potential Divestment, A New Offering, And An Acquisition

Forrester eCommerce

It’s been a busy news week on the advertising technology (adtech) front. The US Department of Justice (DOJ) announced that it is requesting Google to divest of the Chrome browser as the outcome of the monopoly trial that the search giant lost earlier this year.

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True Religion Sweetens Loyalty Program with ‘Can’t Buy’ Experiences

Retail TouchPoints

True Religion has rebranded and retooled its loyalty program ahead of the holiday shopping season. Formerly known as True Fam, the expanded program (which now goes by True Rewards ) will lean into omnichannel capabilities and “can’t buy” experiences, such as the chance to collaborate with the brand’s Team True creator community. True Rewards’ tiers have been renamed and redesigned to offer shoppers more flexibility and earlier redemption milestones.

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School’s In Session: Five Lessons Learned from The Forrester Wave™: Customer Experience Strategy Consulting Services, Q4 2024

Forrester eCommerce

It’s Autumn here in the US, and school is very much in session. Like my kids, learning has been tops on the agenda for the past several months, as I heard briefings from and interviewed clients of the top CX strategy consulting firms in the world.

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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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Walmart Joins Growing List of Brands Backtracking on DEI Initiatives

Retail TouchPoints

Walmart , the world’s largest retailer, is rolling back a number of its diversity, equity and inclusion (DEI) initiatives, multiple sources report. The backtrack is wide-ranging and includes : A decision not to renew the operation of an equity racial center set up in 2020; Pulling out of the Human Rights Campaign’s LGBTQ+ rights index; No longer giving priority treatment to suppliers based on race or gender; Stopping the usage of the terms “DEI” and “LatinX” in its commun

Supplies 269
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Amid setbacks in its turnaround, Kohl’s lowers guidance again

RetailDive

Traffic, sales and profits declined in Q3, and the department store is reversing course in some areas after its tactics backfired.

More Trending

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How J.C. Penney’s ‘Really Big Deal Reveals’ campaign is faring so far

RetailDive

The retailer has been averaging 13% to 15% new customers each week during the campaign appearing in Amazon Prime Video’s “Thursday Night Football.

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La-Z-Boy Embraces Experiential Retail in New Chicago Store

Retail TouchPoints

La-Z-Boy has opened a 12,600-square-foot showroom in Chicago’s Lincoln Park neighborhood designed to immerse customers in the transformational power of comfort. Key elements include a Recliner Runway, where shoppers can learn more about product features or build a customized recliner using a digital touchscreen, as well as nods to lifestyles such as “Urban Modern,” “La-Z-Girl” and “Gamer.

Retail 256
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Best Buy says election, economy dampened customer demand in Q3

RetailDive

Revenue fell 3.2% as shoppers avoided big-ticket purchases, but with the election over and the heart of the holiday sales season ahead, the retailer is optimistic about Q4.

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Struggling Kohl’s Snags Michaels CEO to Lead Company

Retail TouchPoints

Kohl’s has named Ashley Buchanan, CEO of Michaels , as its new CEO, effective Jan. 15, 2025. Current Kohl’s CEO Tom Kingsbury will be stepping down on that date but will remain as an advisor and board member until his planned retirement in May 2025. The department store retailer announced the C-suite change along with its financial results for Q3, which ended Nov. 2, 2024.

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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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Data Suggest Solid 2024 Holiday Sales

Practical eCommerce

Industry projections and the latest economic data point to a good holiday sales season for online retailers. The post Data Suggest Solid 2024 Holiday Sales appeared first on Practical Ecommerce.

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Walmart, NBCU to Kick Off Shoppable Live Sports Partnership with Thanksgiving Game

Retail TouchPoints

NBCUniversal and Walmart have collaborated on a series of new shoppable TV experiences and measurement capabilities for the network’s linear and streaming live sports coverage that will kick off Thanksgiving night. The partnership includes an integration with Walmart’s Connect retail media platform, which will provide advertisers with more in-depth campaign reporting.

Games 175
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True Religion reboots its loyalty program ahead of Black Friday

RetailDive

The program, renamed True Rewards, offers incentives beyond traditional discounts to include access to sports, music and cultural experiences.

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Abercrombie & Fitch Reports Stunning Q3 Earnings, Expects Strong Holiday Shopping Season

RetailWire

Abercrombie & Fitch has been doing something right, as its latest earnings report shows significant growth.

Retail 96
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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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Dick’s continues to dodge the rest of retail’s problems as comps jump 4%

RetailDive

Warm weather and price-conscious shoppers didn’t meaningfully dent the retailer’s performance — and tariffs won’t either, executives said.

Retail 87
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The Top 10 Consumer Trends To Watch in 2025 | Salsify

Salsify

Consumers aren’t consistent. What they like, what they want, and what they’re willing to purchase changes in response to social, economic, and demographic factors.

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Best Buy Misses All Targets in Q3 Earnings Report, Stock Tumbles

RetailWire

Best Buy recently revealed a disappointing Q3 earnings report, causing stocks to tumble.

Retail 104
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Millions of illicit vapes and tobacco seized over the last year

TalkingRetail

More than a million illegal vapes were seized by Trading Standards in 2023/2024, new data released from National Trading Standards (NTS) and the Department of Health and Social Care (DHSC) shows. A joint initiative named Operation Joseph has tracked over 1.

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Drive More E-Commerce Revenue with Omnichannel Selling

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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H&M Reopens Westfield Stratford Store with Innovative Concept

365 Retail

H&M has officially reopened its Westfield Stratford store, unveiling a new and innovative concept after an extensive renovation. The revamped space introduces cutting-edge technology, an elevated shopping experience, and a curated selection of fashion, beauty, and home collections. The redesigned store represents a milestone in H&M’s evolution, blending refined design with advanced features to meet modern consumer expectations.

Fashion 62
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Zoom Reports Bold Q3 Earnings, Unveils New Name To Reflect AI Transformation

RetailWire

Zoom also projects a strong earnings report at the end of the current fourth quarter.

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A Deep Love of Sports

Canadian Special Events

Dylan’s Bar Mitzvah was a stylish celebration that seamlessly blended tradition with modern elegance. The black-and-gold colour scheme sets the tone, creating a sophisticated yet lively atmosphere. EM Events meticulously planned every detail , while the stunning décor and design by Total Événements reflect both the significance of the occasion and Dylan’s unique personality.

Events 52
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Dog Treats Recalled by FDA Due to Salmonella Risk

RetailWire

The recalled dog treats are being sold in 19 states.

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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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Honoring the Unsung Heroes of Retail: Spotlighting the 2024 Holiday Shopping Season

Fabric Blog

As the holiday season ramps up, the world of retail is buzzing with anticipation and uncertainty. Having spent my career in retail, experiencing Black Fridays and Cyber Mondays from inside fulfillment centers, call centers, and stores, this year feels markedly different. For the first time, I’m approaching this peak selling season not from the front lines but from the perspective of a software company— fabric —that empowers retailers to thrive in Q4 and beyond.

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Walmart Cuts DEI Programs, Following Ford, Lowe’s, and Others

RetailWire

Walmart is curtailing its commitment to DEI programs.

Other 95
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Frylight reduces bottle weight by 9%

TalkingRetail

Frylight, the 1-calorie cooking spray brand, has announced the reduction of its bottle weight by 9% in a bid to become more sustainable. The design change is aimed at lowering the brand’s carbon footprint within both production and logistics.

Retail 52
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Why stores still spark joy around the holidays

RetailDive

Online shopping has surged over the years, but it’s hard to replicate the discovery — and fun — of going to stores.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Every penny from vape licensing scheme must go to enforcement, says campaigners

TalkingRetail

“Every penny” generated from the government's vape licensing scheme must be delivered to enforcement agencies to tackle the “impending black market explosion” in the UK, campaigners have warned.

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Maximize Your Holiday Sales: Get Your TikTok Shop Ready for the Big Holiday Push

CPC Strategy

Social Maximize Your Holiday Sales: Get Your TikTok Shop Ready for the Big Holiday Push By Tinuiti Team Nov 26 2024 If you’re wondering whether TikTok is the right place to sell your products this holiday season, consider this: TikTok’s influence on shopping behavior is undeniable, with over 75% of users reporting that they’ve discovered new brands on the platform, and over 40% saying they’ve made purchases directly through the app.

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Home Office commits to tough action on retail crime and abuse of shop workers

TalkingRetail

Retail trade union Usdaw has welcomed commitments laid out by the home secretary and policing minister, in response to an epidemic of retail crime, to additional neighbourhood police, respect orders and an end to the £200 rule.

Retail 52
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Domino’s Pizza Stake Purchased by Warren Buffett’s Berkshire Hathaway Group

RetailWire

Warren Buffett's Berkshire Hathaway Group has purchased a huge stake in Domino's Pizza, and the investor's reasons for the purchase may be surprising.

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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.