Fri.Apr 05, 2024

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Retailer Lessons from iGaming Companies

Retail TouchPoints

Retailers are always looking to improve their game, with an eye to increasing sales, reducing costs and maximizing profitability. Retail competition has increased from small upstart retailers to big box stores and peers, so the ability for retailers to improve on their game is more necessary than ever. Gaming companies, more specifically iGaming companies, have undertaken strategies that could help retailers that mimic those practices improve their game, and their profitability.

Retail 312
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Five Ways That Generative AI Brings Superpowers To Portfolio Marketers

Forrester eCommerce

Portfolio marketers have a broad role, from keeping up to date on market intelligence and developing go-to-market strategies and messages to launching offerings and training sellers.

Marketing 243
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Uber Eats Debuts Autonomous Food Deliveries in Phoenix Market

Retail TouchPoints

Uber Eats has expanded its partnership with Waymo — the autonomous vehicle division of Google parent company Alphabet — adding driverless food deliveries in the Phoenix-area cities of Tempe, Mesa and Chandler, Ariz. The companies are working with a select group of merchants that include local favorites like Princess Pita, Filiberto’s and BoSa Donuts.

Marketing 286
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A New Supergroup For Revenue Technology Emerges – Revenue Orchestration Platforms

Forrester eCommerce

Supergroups are back! Boygenius have topped album charts worldwide and scooped up multiple grammy’s in the process for their debut album ‘The Record.’ The band featuring Julien Baker, Lucy Dacus and of course Phoebe Bridgers are a modern example of a supergroup, bringing successful musicians and artists together to create something completely new.

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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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Albertsons Simplifies Loyalty Program with Move to Single Points Currency

Retail TouchPoints

Albertsons has joined the growing list of retailers revamping their loyalty programs. The supermarket chain will now use a single points currency for its “ for U” program and give members two months to earn and redeem their points before they expire. Additionally, an automatic cash-off option that converts points into cash discounts at checkout will join existing point redemption options.

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Walmart Settlement: Up to $500 for Overcharged Shoppers

RetailWire

Walmart has found itself embroiled in a significant legal settlement amounting to a whopping $45 million, addressing allegations of overcharging on specific grocery items.

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99 Cents Only to liquidate

RetailDive

The company’s small footprint left it unable to compete with larger rivals in a tough macroeconomic environment, according to industry experts.

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99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down

Retail TouchPoints

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. The decision follows a months-long attempt to find an alternative solution, but ultimately the company decided a wind-down was the best way to “maximize the value of 99 Cents Only Stores’ assets,” the company said in a statement. “This was an extremely difficult decision and is not the outcome we expected or hoped to achiev

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US Job Market Added 303,000 Jobs in March

RetailWire

Economists had anticipated a slowdown in job growth last month as pandemic recovery neared completion and interest rates climbed. However, the Bureau of Labor Statistics' latest report proved otherwise.

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#RICE24 Community Convos: Naazli Sado, VP Of HR, Communications And Business Innovation Acceleration, P&G Ventures 

Retail TouchPoints

P&G is known for creating some of the world’s most iconic brands. The company has a 180-year plus track record of innovation and developing brands that are integral to our daily lives. P&G Ventures has become a core driver of this innovation.

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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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Ford Shifts Focus to Developing Hybrid Vehicles by 2030, Delaying All-Electric Production

RetailWire

Ford has pressed pause on the production of its all-electric large SUV and pickup truck, redirecting its efforts toward introducing hybrid options across its whole North American lineup by 2030.

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Apparel execs urge sourcing diversification amid geopolitical risks

RetailDive

Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China relations continue to fray.

Apparel 114
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Elevating the Retail Omni-Experience with Strategic In-Store Enhancements

Wiser

As retail continues to evolve, the demand for an integrated omnichannel experience has become a staple expectation among consumers. Digital advancements have significantly improved online shopping, spotlighting the in-store experience as a pivotal element for fostering trust and loyalty. Efforts are intensifying among brands to establish dedicated teams and invest in resources aimed at ensuring consistency across digital and physical platforms.

Retail 78
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Shein, Temu have high customer overlap with TikTok Shop: report

RetailDive

Even while facing a potential ban in the U.S., an Earnest Analytics report finds the platform is dominating social shopping.

Customer 115
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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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Don’t Outsource Revenue, Says Hair Growth Founder

Practical eCommerce

Losing his hair was the first step in Faraz Khan's entrepreneurial journey. Fully Vital, his DTC hair-wellness company, is the result. The post Don’t Outsource Revenue, Says Hair Growth Founder appeared first on Practical Ecommerce.

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Online rug retailer Ernesta opens first brick-and-mortar store

RetailDive

The brand started by Peloton co-founders John Foley, Hisao Kushi and Yony Feng has turned to New York's Upper East Side for its showroom.

Retail 107
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Government ‘hampers growth’ of mid-strength alcoholic drinks

TalkingRetail

Consumers should be able to opt for mid-strength alcoholic drinks rather than having to choose between full-strength and no or low, says a newly released white paper.

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GameStop COO is out

RetailDive

Nir Patel arrived about two years ago from Belk, where he had been CEO for less than a year. The struggling gaming retailer won’t replace him.

Games 84
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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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KIKO Milano to Open New Store in Angel Central, London

365 Retail

KIKO Milano, the acclaimed Italian cosmetics brand, is set to enhance its UK footprint by opening a new outlet in Angel Central , Islington, as part of its ambitious expansion efforts across the country. This initiative aligns with Angel Central’s goal to elevate its retail and leisure offerings to better serve its visitors. Scheduled to welcome customers later this month, the new KIKO Milano store will be housed in an 818 sq ft space alongside notable brands like Rituals and MUJI.

Leisure 62
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The Weekly Closeout: Puma plots design space in LA, Bank of America downgrades Figs

RetailDive

The athletics brand said the studio will open in 2025, while spending pullbacks contributed to the scrubs brand’s recent negative rating.

Banking 85
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Meta’s AI Image Generator Faces Difficulties Representing Interracial Couples

RetailWire

The AI image generator created by tech giant Meta has come under scrutiny for its difficulty in generating images of interracial couples or friends.

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Thriving In The Niche: Running A Retail Store Specializing In Apple Watch Accessories

RetailMinded

In the bustling world of retail, finding a niche that resonates with a passionate consumer base can be the key to success. For entrepreneurs drawn to the tech-savvy and fashion-forward crowd, specializing in Apple Watch accessories presents a unique opportunity. Among the plethora of options, products like durable stainless steel and metal bands for Apple Watch stand out, combining functionality with style.

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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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Skimming Devices Detected at South Jersey 7-Eleven Stores

RetailWire

In South Jersey, recent alarming reports have surfaced regarding how skimming devices have been found at local 7-Eleven stores, prompting authorities to issue warnings and advice to residents.

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Advance your Order Management with the latest Fluent Store and Admin Console

Pivotree Blog

By Keith Gorney In the realm of order management, efficiency and agility are paramount. As businesses strive to meet evolving customer demands and market dynamics, the tools they employ must evolve as well. One of the most crucial aspects of maintaining digital relevance and security is regularly updating software to its latest version. However, despite its significance, many individuals and businesses tend to overlook or delay this essential task.

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Ginsters presents two new innovations

TalkingRetail

Ginsters has announced two new innovations - Ginsters Breakfast Roll and Butter Chicken Bake. With ‘convenience’ and ‘enjoyment’ driving consumers’ search for new snacks, the two new Ginsters launches are ready to meet this shopper demand and can be eaten hot or cold.

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The Citizenry opens outpost in Interior Define store

RetailDive

The tie-up between the two Havenly-owned brands allows The Citizenry to expand its physical presence after opening a flagship in New York City.

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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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School Food Jobs Face Fast-Food Competition

RetailWire

In the wake of California's new $20 minimum wage for fast-food workers, schools find themselves in a tight spot, needing to entice cafeteria staff away from the allure of the fast-food industry.

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Mrs Elswood launches trio of fermented Kimchi

TalkingRetail

Mrs Elswood, part of the Empire Bespoke Foods portfolio, is launching its first ever range of fermented Kimchi.

Retail 52
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99 Cents Only Stores to Close Doors

RetailWire

99 Cents Only Stores LLC has disclosed its plans to gradually shut down its business operations.

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Vape ban’s logic flaw | Viewpoint: James Lowman

TalkingRetail

After months of speculation about the introduction of a ban on disposable vapes, the government has finally published details of how it is going to implement the ban.

Retail 40
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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.