Mon.Jan 08, 2024

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How to Boost Customer Loyalty After the Holiday Season

SheerID

Start the new year right with these expert marketing tactics for boosting customer loyalty after the holidays.

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Omnichannel Retail Will Accelerate in 2024

Practical eCommerce

Five developments will likely hasten the convergence of ecommerce and physical selling The post Omnichannel Retail Will Accelerate in 2024 appeared first on Practical Ecommerce.

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512: My Predictions For Ecommerce In 2024 | The Good, The Bad And The Ugly

My Wife Quit Her Job

In this episode, I’m going to give you my predictions for ecommerce and small business entrepreneurship in 2024. I’ll dive into what’s next, discuss everything from the shifting landscape of eCommerce jobs to artificial intelligence and what’s going on with China. What You’ll Learn My predictions for 2024 Ho artificial intelligence will affect business The role of China and ecommerce Sponsors SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run

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Eli Lilly Launches DTC Platform Offering Direct Access and Home Delivery for Some of its Drugs

Retail TouchPoints

One of the largest pharmaceutical companies in the world, Eli Lilly , is going DTC with the launch of the new LillyDirect platform, which offers disease management resources and home delivery of select Lilly medicines. At the outset, LillyDirect is focused on three conditions — obesity , migraines and diabetes. But the company said that the platform will continue to be “updated and expanded” with future updates, potentially including the addition of new products and services such as programs to

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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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Streamlining Price Checks in Your Brick-and-Mortar Store

Wiser

Retail price checks, an essential aspect of retail, involve monitoring and updating the prices of goods within a store. However, with the sheer volume of products and the rapid fluctuations in market trends, this can be an overwhelming task. In the pursuit of competitive pricing and high customer satisfaction, these checks must be accurate, efficient, and consistent across all locations.

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L’Occitane Combines CEO and Managing Director Roles

Retail TouchPoints

The L’Occitane Group has streamlined its leadership structure, combining the responsibilities of CEO and Group Managing Director and naming current Group Managing Director Laurent Marteau as its new Group CEO. Acting CEO André Hoffmann will step down from this position but will remain an Executive Director and member of the Group’s board. Marteau has 20+ years of experience in global beauty, working in various senior management roles for the LVMH Group for 15 years.

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Albertsons Hosts Competition for Emerging Natural and Specialty Brands

Retail TouchPoints

Albertsons is accepting applications for its second annual Innovation Launchpad competition , seeking up-and-coming specialty and natural brands representing food, beverage and pet products. Applications can be submitted through Jan. 19, 2024, and 50 finalists will be chosen to present their brands to a panel of judges. Awards for the top three winners will be presented at the Natural Products Expo West in Anaheim, Calif. on March 13.

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7 retail trends to watch in 2024

RetailDive

From economic pressures weighing on consumers to relocating stores away from malls, here’s what’s on retailers’ minds heading into the new year.

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Smash-and-Grab Is Only One Part of a Retailer’s Loss Prevention Story

Retail TouchPoints

Ever since a bold, mob-style group ransacked a California Nordstrom , we’ve seen increasing news of retail theft and loss. We’ve also witnessed an increase in retail earnings reports that cite shrink and organized retail crime (ORC) as the cause for reduced profitability compared to previous quarters. Yet despite the growing frequency of ORC, retailers would be remiss to focus their loss prevention efforts solely on these brazen, smash-and-grab scenarios.

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Billion-Dollar Duel Between Berkshire and Haslams Canceled

RetailWire

The much-anticipated billion-dollar court trial determining whether Berkshire Hathaway used improper accounting techniques in their purchase of the Haslam family's minority stake in Pilot Travel Centers was surprisingly canceled. Instead of a trial, the two sides have agreed to a settlement, though the terms were not disclosed to the public.

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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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Instacart Expands In-Store Retail Media Offering with Addition of Smart Cart Ads

Retail TouchPoints

Instacart is bringing advertising to its AI-powered smart shopping carts, Caper Carts. The new offering will be piloted at Good Food Holdings’ Bristol Farms stores in Southern California, with additional retail partners rolling out in the months ahead. Image courtesy Instacart. The smart cart ads will bring the kind of personalized, dynamic advertising traditionally only seen online into the physical aisles of the grocery store.

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Cathay Pacific Cancels More Than 80 Flights

RetailWire

Airline Cathay Pacific has recently been in the spotlight after canceling more than 80 flights since Christmas Eve, leaving passengers worried about potential further interruptions.

Travel 104
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How Amazon Uses AI to Enhance Online Apparel Shopping

Retail TouchPoints

One of the first criticisms leveled at online apparel sellers was customers’ inability to try products on prior to purchase — and despite many advances in technology, that fact remains a major ecommerce challenge. However, Amazon is using AI to try to close the appearance vs. reality gap in multiple ways. According to a blog post written by Apoorv Chaudhri, Director of Computer Vision and Machine Learning at Amazon Fashion, AI-powered solutions now offer Amazon shoppers: AI-driven size recommend

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How to get repeat customers: Proven strategies for success

Omnisend

Reading Time: 8 minutes A common misconception about repeat customers is that they only respond to crazy discounts. While providing discounts is an effective strategy to encourage returning customers, it’s neither the only nor the best way. Instead, you can build customer retention by nurturing solid relationships through: Excellent customer service Personalized interactions Attractive incentives In this article, we’ll look at effective strategies you can use to drive more repeat purchases for y

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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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8 DTC trends to follow in 2024

RetailDive

The past year was riddled with bankruptcies, layoffs and a handful of public debuts. What does this next year have in store for the industry?

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Q&A: Ecommerce Employment in 2024

Practical eCommerce

"It's like Baskin-Robbins. There are 31 flavors of available candidates — interim, permanent part-time, full-time, per-project, onside, remote, partial remote, and fractional." The post Q&A: Ecommerce Employment in 2024 appeared first on Practical Ecommerce.

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How UpSellit Maximizes Revenue for Fashion & Apparel Brands 

UpSellIt

The fashion industry is undoubtedly having a major moment. In fact, the industry is anticipated to surpass the $200 billion mark for the first time ever in 2024. For fashion and apparel retailers, this history-making benchmark is a golden opportunity to turn each website visitor into maximized revenue. That’s where UpSellit’s industry expertise comes in.

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Sycamore Partners Acquires Chico’s FAS, Knitwell Group Adds Chico’s, White House Black Market and Soma

RIS News

KnitWell Group has added Chico's, White House Black Market, and Soma to its portfolio, following the sale of Chico's FAS to private equity firm Sycamore Partners for approximately $1 billion.

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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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Chico’s CEO out as brands join Sycamore holding company

RetailDive

Molly Langenstein took over the top job four years ago amid slumping sales and a tumultuous period for the women’s apparel company.

Apparel 111
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Man who threatened Liverpool shop assistant with gun appears in court

TalkingRetail

Following a firearms incident at a convenience store in Liverpool on Wednesday, 3 January, Merseyside Police has charged a man with firearms offences. A shop assistant was threatened when the man demanded cash before firing a gun into the ceiling.

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Redefining retail frontline operations: How PetSmart continues to evolve employee engagement

RetailDive

Like many retailers where the majority of associates aren't at a computer, PetSmart evolved their internal communications channels to ensure they could reach all associates across stores, distribution centers (DCs) and home offices.

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Walmart’s Tom Ward Talks E-commerce Overhaul

RIS News

In a recent blog post, Tom Ward, executive vice president and chief e-commerce officer, Walmart U.S., detailed some recent e-commerce changes.

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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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For a seamless retail customer experience during peak season, start with employees

RetailDive

Improving the employee experience goes a long way to improving customer experience, writes Lindsey Peters, Retail and Consumer Goods Industry Lead at Celonis.

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Dollar General Names EVP, Store Operations and Development

RIS News

Dollar General announced Steve Sunderland will leave the retailer as its executive vice president, store operations. Get the details and learn who will take on his role.

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CVS interim CFO takes permanent seat

RetailDive

Thomas Cowhey is taking on the top finance job as the company looks to get back on track following a restructuring, layoffs and rising costs.

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17-Year-Old Makes Over $30K Per Month With Amazon Side Hustle

RetailWire

17-year-old Bella Lin used her $2,000 savings to start an Amazon side business, which she created to solve the problem of disappearing pet guinea pigs.

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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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Nike, Tiger Woods end partnership after 27 years

RetailDive

For nearly three decades, Woods was wearing NIke during some of his most memorable athletic achievements.

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Nisa launches £1m retailer price drop campaign

TalkingRetail

Nisa has announced a £1m price drop campaign to lower the wholesale selling price (WSP) of hundreds of products, as part of its strategy to ensure its retailers remain competitive.

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New CEO at Solo Brands as Q4 sales disappoint

RetailDive

Former Vista Outdoor CEO Christopher Metz will replace John Merris later this month, as the company lowers guidance for the fiscal year.

Outdoor 102
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Imperial’s New Crush Fusion Range

TalkingRetail

Imperial Tobacco has updated L&B Blue New Crush Fusion and Embassy Signature New Crush Fusion.

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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.