Fri.Nov 08, 2024

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How to Improve Your eCommerce Abandoned Cart Email Conversion Rate

Groove

On average, 70 percent of all carts are abandoned by online shoppers before they complete their purchases. This means that if stores can improve abandoned cart email conversions by even a small margin, there are substantial profits to be made. While stores can use several different strategies to improve shopping cart conversions , an abandoned cart email series remains one of the most effective options.

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Target Taps into Creator-Led Commerce with Linktree Partnership

Retail TouchPoints

Target is tapping into the $250 billion creator economy through a new partnership with Linktree, a tool that allows influencers and independent creators to seamlessly connect their social content to product revenue. Just in time for peak holiday shopping, Target is joining Linktree Shops, the company’s social commerce marketplace, which already features 35+ brands including Nike , Fanatics and Savage x Fenty.

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Mastering eCommerce Feed Management to Boost Your Sales

Groove

More than ever before, eCommerce businesses are relying on optimized product feeds to ensure that accurate, compelling information is readily available across multiple platforms. Product feed optimization can increase sales and visibility while creating a simpler, faster shopping experience for customers. Without proper data feed management, it may be tough to keep up with competitors in today’s challenging digital market.

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AI, Video and Immersive Engagement Drive Next-Gen Commerce Experiences

Retail TouchPoints

What’s powering next-gen commerce experiences? It’s a profound and weighty question to ask, especially with so many technologies evolving so quickly. During the Retail Innovation Conference & Expo, executives from ShopSimon (formerly Shop Premium Outlets), Rebag and Sune shared their answers by delving into the technologies and strategies driving their companies’ priorities.

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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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European Digital Identity: Insights For The Bold And The Ambitious

Forrester eCommerce

In the grand tapestry of the European identity landscape, a new regulation —most audacious in its ambition— has emerged to enable digital identification across the continent. The regulation known as eIDAS 2.0 seeks to introduce a universal digital identity wallet, a concept heralded with much aplomb since 2008.

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Wayfair COO Steps Down as Retailer Strengthens Internal Integration

Retail TouchPoints

Thomas Netzer, COO of Wayfair , will step down from his role at the end of 2024 after six years with the furniture retailer. As part of this shift, Wayfair will further integrate customer- and supplier-focused activities with supply chain capabilities under the leadership of current Chief Commercial Officer Jon Blotner, who joined Wayfair in 2016. On Jan. 1, 2025, Blotner will assume the role of President, Commercial and Operations, overseeing these combined functions as part of an integrated or

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Maverik to Rebrand Kum & Go Convenience Stores

Retail TouchPoints

Maverik , which purchased the Iowa-based Kum & Go c-store chain from Krause Group in April 2023 for an undisclosed amount, will reportedly rebrand all its stores to eliminate the sophomorically amusing banner name. In a statement to the Des Moines Register , a company spokesperson said Maverik is “in the process of rebranding Kum & Go stores, with the intent to unify our entire combined footprint under the Maverik brand.

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Wayfair COO steps down

RetailDive

At the end of the year, Thomas Netzer will exit the role he’s occupied since 2019.

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Benefit Cosmetics Opens Grocery-Inspired Virtual Holiday Store

Retail TouchPoints

Benefit Cosmetics has launched its first virtual 3D shopping experience for the holidays. Called “ The Benemart ,” the grocery-inspired virtual store allows visitors to shop holiday sets and bestsellers, virtually try on products, shop with friends and play games, with a chance to win discounts at checkout. Developed in partnership with Obsess , the virtual store is available in four countries including the U.S., UK, Germany and France.

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Tapestry logs better-than-expected net sales, driven by Coach

RetailDive

The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.

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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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G20 Cross-Border Goals: Progress and Projects 

Retail TouchPoints

Fuelling the import and export of goods and services, cross-border payments are essential to global trade — a fact that was recognised by G20 leaders in November 2020 when they endorsed a roadmap to revolutionise cross-border payments by 2027.  Back then, while the world was distracted by a global pandemic, it seemed there was plenty of time to achieve even the most ambitious goals — namely the quantitative targets set to lower costs, increase speed, accessibility and transparency of internatio

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Kizik taps 20-year Nike vet as SVP of design

RetailDive

Andreas Harlow, former vice president and global footwear creative director of Nike’s Jordan Brand, joined the hands-free footwear brand earlier this fall.

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McDonald’s Is Selling $1 Orders of Chicken McNuggets Until December

RetailWire

McDonald's is continuing a push to improve consumer sentiment by offering some improved value propositions, this time in the form of steeply discounted Chicken McNuggets.

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StockX co-founder to take over as CEO amid declines in sneaker resale

RetailDive

Greg Schwartz, who has been the company’s chief operating officer since its 2016 launch, will replace Scott Cutler, an early investor.

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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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User Generated Content (UGC) vs. Produced Content: What every marketer should know

ROI Revolution

If you are a marketer in 2024, you have probably been hearing and talking about user generated content for quite some time. It may be taking over your creative calendar this year, and that trend is not likely to stop. However, are there times where user generated content does not reign supreme? With the current value of UGC, does brand-produced content still have a place in well-guided marketing strategies?

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67% of parents will use BNPL to finance the holidays

RetailDive

Parents are using pay later plans to justify large purchases and better manage their finances, according to a new survey.

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Supply.co Founder on Life after the Sale

Practical eCommerce

"Many entrepreneurs believe that selling their business will bring happiness, but that's rarely true," says Patrick Coddou. The post Supply.co Founder on Life after the Sale appeared first on Practical Ecommerce.

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Amazon launches same-day drone delivery in Arizona city

RetailDive

Customers near the company’s Tolleson facility can get thousands of items delivered by air, but there are limitations.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Domino’s New CEO Warns of Potential Store Closures

RetailWire

Domino's is pondering the closure of underperforming stores.

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LEGO Group Opens 20th UK Store and Second Bristol Location at Cribbs Mall

365 Retail

The LEGO Group has officially opened its 20th UK LEGO Store and its second location in Bristol, located at Cribbs Mall. The new 178 sqm store welcomed enthusiastic fans eager to explore exclusive LEGO products and interactive experiences. This latest store expands LEGO’s footprint in the UK, reinforcing its commitment to providing hands-on play and customisation opportunities for all ages.

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Spirit Airlines & Frontier Airlines Renew Merger Talks Amidst Bankruptcy Rumors

RetailWire

Spirit Airlines is keeping hope alive.

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Office Upsizes to New Northern Flagship at Trafford Centre

365 Retail

Office , the British footwear retailer known for its trend-led selection, is expanding its presence at the Trafford Centre with a new Northern flagship store. This larger retail space will feature Office’s most comprehensive product range yet, including exclusive women’s styles and top-tier brands such as Adidas, Nike, New Balance, Ugg, Birkenstock, and Dr Martens.

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4 Best Practices for Ensuring Success in International Markets Ahead of Peak Season

The opportunity for e-commerce merchants in international markets is immense. Data indicates that when international options are available at checkout, merchants see up to 20-60% higher cart conversion and a 128% higher gross merchandise value (GMV) than domestic orders. However, while the opportunities are significant, so are the risks. Without careful planning and strategic partnerships, merchants may face challenges, including high shipping costs, complex customs regulations, and unexpected p

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Sony Reports Healthy Profits as Anticipated PlayStation 5 Pro Launches

RetailWire

With the so-called console wars continuing as 2024 draws to a close, it appears that — despite several setbacks — Sony is outperforming expectations after a less-than-stellar showing last year.

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NI and minimum wage hike could cost Scottish c-stores tens of millions, says SGF

TalkingRetail

Increases to employer NI contributions in this year’s UK Budget, alongside a 77p increase to the National Living Wage (NLW), could add around £2,400 to the cost of employing a full-time member of staff at a convenience store.

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The Future of Retail: Why Attending the Visual Merchandising and Display Show is Essential for Your Business

365 Retail

As the retail industry continues to evolve, delivering engaging, immersive in-store experiences is more important than ever. Visual merchandising plays a key role in this, helping retailers attract customers and drive sales through creative, impactful displays. For those looking to stay ahead of the curve, the Visual Merchandising and Display Show (VMDS) is an unmissable event.

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Parcel locker firm sees UK earnings double

TalkingRetail

Inpost, which supplies parcel lockers to thousands of UK convenience stores, has doubled its turnover compared to last year. In its third quarter 2024 results, announced today (8 November), the Polish-based group said its turnover in the UK doubled to £48.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Tempur Sealy, Mattress Firm seek to pause FTC case

RetailDive

The mattress maker and retail companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship.

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Fed proves a good debt collector for members

TalkingRetail

Hundreds of thousands of pounds owed by news wholesalers to its members has been recovered by the Federation of Independent Retailers (the Fed) in 2024.

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Veterans Day Is Monday. Here’s a List of Deals, Freebies, and More for Active & Retired Military

RetailWire

Veterans Day honors active and retired military.

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EPiQVision: The Trusted AV Partner Behind Canada’s Top Events

Canadian Special Events

In the world of event production, the right AV partner can make all the difference. Since 2019, EPiQVision Inc. has steadily built a reputation as one of Canada’s most trusted AV providers, known for its seamless execution, high standards, and client-first approach. Founded by Jordan Benson , EPiQVision offers tailored AV solutions and expert support, making it the go-to in-house choice for a growing list of event venues.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.