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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Domino’s New CEO Warns of Potential Store Closures

RetailWire

Domino's is pondering the closure of underperforming stores.

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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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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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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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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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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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Spirit Airlines & Frontier Airlines Renew Merger Talks Amidst Bankruptcy Rumors

RetailWire

Spirit Airlines is keeping hope alive.

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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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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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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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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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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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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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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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Kingfisher Ultra available in the UK for the first time.

TalkingRetail

Kingfisher has announced that its premium beer Kingfisher Ultra is now available to buy in theUK. Kingfisher Ultra, renowned for its s 6-step filtration and hand-picked hops, is India’s fastest-growing premium beer. Since launching in its home market in 2009, Ultra has seen a growth… This story continues at Kingfisher Ultra available in the UK for the first time.

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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.