Mon.Oct 14, 2024

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The Key to Connecting with Gen Z: Plug into Their Fandom

Retail TouchPoints

As social media and digital connectivity continue to shape consumer behavior, especially among younger generations, brands are increasingly focusing on how to leverage fandoms and community to connect with young shoppers. (From left to right) Palmar Haasch of Business Insider moderates a session with Webtoon Entertainment’s Alessandra Ferreri, Chris Mathieu and Megan Weales at Advertising Week NY.

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What Is AOV? Meaning, Importance & Tips to Improve Average Order Value

Groove

Average order value—or AOV—is a critically important performance metric when it comes to eCommerce stores. The AOV meaning is simple: It measures the average amount of money that your customers spend in a single transaction with your eCommerce business. Let’s take a look at what you need to know to calculate AOV, improve AOV, and more. What Is AOV? As an eCommerce business owner, you may find yourself searching for things like, “average order value definition” or “what is AOV in eCommerce?

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Skills and GenAI: Tech Down, Social Up, Product Essential

Forrester eCommerce

“The decline in soft skills is one of the major threats to the Republic.” Prof. Joseph Fuller, Harvard University as stated at MN Tech Talent conference, October 11th, 2024, Bloomington, Minnesota. Every so often, I attend a conference that knits together disparate influences into something greater.

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Understanding Your Site’s Click-Through Rate (CTR): Why It Matters

Groove

If you run an eCommerce business and are ready to take your digital strategy to the next level, you may be searching for things like “CTR meaning,” “what is CTR in marketing” or “click-through rate definition.” Here, we’ll explore everything that you need to know. Click-through rate—or CTR— is an important metric that measures the effectiveness of your eCommerce marketing efforts by showing you the percentage of people who click on your link compared to the total number of people who see it.

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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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News: Judge Issues Injunction With Details of How Google Must Open Up Android App Store to Competition in US

FastSpring

After Google was warned in August by U.S. District Judge James Donato that the court is “going to tear the barriers down,” the judge’s injunction was issued on Monday, Oct. 7 detailing what exactly that would mean for Google. The company must make several changes regarding its Play Store for Android apps according to AP News , after a jury found in Dec. 2023 that Google Play and Google Play Billing represent an illegal monopoly run by Google.

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Understanding eCommerce Website Management Services: Performance, CRO, Accessibility

Groove

For eCommerce stores, no tool is more crucial for success than a high-quality website. But it isn't enough to just design an attractive website and leave it at that. If you want to make the most of your site's potential, it will need ongoing management and optimization. This is where eCommerce website management services come into the picture. By leveraging the expertise and cutting-edge solutions offered by eCommerce managed services like Groove Commerce, you can free up time in your schedule w

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New AI Apps Reinvent Ecommerce Video

Practical eCommerce

Generate video from text, edit short clips from a single long-form source, produce product videos from static images, and more. The post New AI Apps Reinvent Ecommerce Video appeared first on Practical Ecommerce.

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Our Bold New Plan to Suck Less

Steve Dennis

“If you do not change direction, you might end up where you are heading.” Lao Tzu It’s a crisp fall day in 2002, and I’m enjoying my second cup of coffee in my office at Sears’s sprawling corporate campus outside of Chicago. The last eighteen months have been exhausting for me and my team, but on this particular morning, I’m feeling pretty good.

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My Top SEO Tools to Analyze Backlinks

Practical eCommerce

External backlinks, especially from trustworthy sites, remain a key ranking factor and generate clicks and engagement. The post My Top SEO Tools to Analyze Backlinks appeared first on Practical Ecommerce.

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Boost retail success this holiday season with Flooid

RetailDive

By partnering with Flooid, retailers can not only survive the holiday rush but thrive, leaving customers satisfied and coming back for more.

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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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Defend your brand market share from private label growth

Profitero

In the last year, private label (also known as store brand) market share hit an all-time high, commanding 22% of the share of sales in the United States and an even higher 52% of value sales in the UK.

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KFC Declares Chicken Wars and Launches Juicy New Original Recipe Tenders

RetailWire

KFC is launching a new line of Original Recipe Tenders, marking its latest move in the competitive fast-food landscape.

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Amazon bundles online shopping of groceries and nonfood items

RetailDive

The company is diversifying its marketplace and fulfillment centers to allow Prime members to add goods from Amazon.com, Amazon Fresh and Whole Foods in one cart.

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UK Advertising Exports Group Introduces New Leadership Icon Award at Advertising Week New York

Digital Doughnut

The award was launched by the UK Advertising Exports Group (UKAEG) to recognise exceptional leaders who have significantly strengthened UK-US relations within the advertising industry.

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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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Walmart names chief growth officer to head up new business group

RetailDive

Seth Dallaire is now heading up an expanded division as the company continues its transition toward a focus on omnichannel retailing.

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First Doritos Restaurant Opens at Crypto.com Arena

RetailWire

"Doritos After Dark" takes the snack's bold flavors to another level.

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Guitar Center names new chief stores officer

RetailDive

Mike Schultheis brings over three decades of experience and most recently served as PetSmart's senior vice president of U.S. stores.

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Georgia Burger King Swarmed by Cops After Sheriff Complains About Messed-Up Order

RetailWire

The sheriff deployed the department's resources at a Cobb County Burger King.

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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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Automated-checkout company Grabango shuts down

RetailDive

The tech company was unable to secure the funding it needed to continue operating, a spokesperson said.

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Kohl’s Doubles Holiday Gift Assortment, With Thousands Under $20

RetailWire

The gifts just keep on coming at Kohl's, with deals for shoppers all season long.

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Amazon will reprise holiday beauty sale

RetailDive

This year the e-commerce giant will be competing for attention not just with rival retailers but also the November election.

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Starbucks’ CEO Reportedly Axing Many Promotions and Discounts

RetailWire

Starbucks is going back to its roots, serving high-quality coffee and restoring its community image.

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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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Baxter to Open Flagship Store in Brompton Design District

365 Retail

South Kensington Estates has signed a long-term deal with Italian design brand Baxter for a flagship store in London’s Brompton Estate, part of the renowned Brompton Design District. The handcrafted furniture brand will occupy a 3,313 sq ft space at 232-236 Brompton Road, under a 20-year lease agreement. This new flagship store will serve as a design gallery, providing a spacious and immersive environment for visitors to explore Baxter’s unique collection of luxury furniture.

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Americans ‘Stressed’ About Finances, According to Survey

RetailWire

A poll taken by Primerica found inflation and debt are stressing out Americans.

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Health and Beauty Transactions Surge at Bullring & Grand Central with PURESEOUL Opening

365 Retail

Health and beauty sales at Bullring & Grand Central have risen by 26 per cent year-on-year, as Hammerson continues to enhance its Birmingham city centre destination with new beauty and wellbeing brands. Among the key developments is the launch of PURESEOUL , the region’s first K-Beauty store, which opened on Friday, 11th October. In July 2024, health and beauty sales grew by 69 per cent compared to the previous year, making it the strongest performing category at the centre.

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Chick-fil-A News Roundup: Reopenings, Childbirth, and More

RetailWire

Recently, many stories and rumors have been circulating about Chick-fil-A.

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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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QUIZ Opens New Store in Derby’s South Mall

365 Retail

QUIZ , the omni-channel fashion brand, has opened its newly designed and relocated store in Derby’s South Mall. Although just four units away from its previous location, the new store offers a larger, more premium space for customers, measuring around 1,900 sq ft. The expanded store reflects QUIZ’s updated design concept, featuring an open ceiling with a central raft and LED spotlights that enhance the overall shopping environment.

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McDonald’s Much-Hyped Chicken Big Mac Criticized as ‘Bland’ on Social Media

RetailWire

McDonald's Chicken Big Mac sandwich may not be a big hit.

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Harvey Norman Opens First Store in England at Merry Hill

365 Retail

Merry Hill has welcomed international lifestyle, technology, and home appliance retailer Harvey Norman , which has opened its 57,000 sq ft flagship store. This new space marks the retail giant’s first location in England, further solidifying Merry Hill as one of the top retail destinations in the UK. Harvey Norman, known globally for offering a diverse range of products to enhance the home, brings its extensive collection to the West Midlands.

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Taco Bell Is Bringing Back the Double Decker Taco, Originally Discontinued in 2019

RetailWire

Taco Bell introduced the Double Decker in the 1990s.

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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.