Tue.Jul 02, 2024

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Offsite Addressability Presents An Untapped Opportunity For Retail Media Networks

Forrester eCommerce

As retail media networks have grown and diversified, so have the problems in adtech. Ad fraud, made-for-arbitrage, and AI-Generated content farms are multiplying, riddling the once “easy” task of programmatic buying with brand-safety pitfalls.

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JCPenney, Rare Beauty Partner to Support Emerging Female-Led Brands

Retail TouchPoints

JCPenney and Rare Beauty Brands have created the Lift Beauty Accelerator , a brand incubation initiative aimed at beauty brand founders from underrepresented backgrounds. The program will award $10,000 grants, retail distribution and mentorship with retail executives to five early-stage beauty brands founded by Black and Brown female-identifying leaders.

Retail 232
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545: Expert Advice on Building a Massive Online Following With Nathan Barry

My Wife Quit Her Job

In this episode, my friend Nathan Barry and I debate the best way to build an audience today in light of AI and the many changes with Google, Facebook, Tiktok and Instagram. Nathan is the founder of ConvertKit and the Nathan Barry show. What You’ll Learn The best way to build an audience What’s going on with Google, Facebook, Tiktok, and Instagram The role of AI with content creation Try ConvertKit For Free Sponsors SellersSummit.com – The Sellers Summit is the ecommerce confer

eCommerce 156
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Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store

Retail TouchPoints

Ingka Investments — the investments arm of Ingka Group , which owns the majority of Ikea stores worldwide — has invested in a new retail office tower being built on New York City’s iconic Fifth Avenue. Rendering of 570 Fifth Avenue, which will feature an office tower and ground-level Ikea. (Photo credit: KPF) Located at the intersection of the Plaza and Grand Central Districts, 570 Fifth Avenue will be a 1,000,000 -square-foot mixed-use commercial building and marks the largest development

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Creating Carousels, Quickviews, & Elevated Product Listing Pages

Fastr

The digital experience composition possibilities are endless for ecommerce designers, marketers, and merchandisers using Fastr Frontend – the platform giving them creative freedom, frontend control, and unparalleled speed. They've said a glad goodbye to restrictive templates and a happy hello to Fastr Frontend 's Experience Canvas where they can bring their ideas to life and onto their ecommerce storefronts – without any development resources.

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How Subscription Merchants can Prevent Chargebacks on Recurring Payments

Retail TouchPoints

There’s no denying that the subscription economy is booming. In fact, the financial services firm UBS projects that the market will hit $1.5 trillion by 2025. Yet despite that robust figure, there is a looming challenge for merchants — chargebacks. So what exactly are chargebacks? Chargebacks occur when funds are withdrawn from a merchant’s account due to a customer dispute.

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E.l.f. Tests Out Real-World Product Sales on Roblox

Retail TouchPoints

E.l.f. has become the first beauty brand to test real-world commerce in the Roblox virtual world, via the platform’s collaboration with Wa l mart. E.l.f. has created a virtual kiosk within its E.l.f. UP! experience on Roblox , where U.S. visitors ages 13 and older can purchase a Roblox-exclusive limited-edition physical product — an E.l.f. UP! Pets hoodie — as well as a selection of beauty products including lip balms and sunscreen.

Games 196
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Bob’s Stores Closing All Locations Amid Bankruptcy

RetailWire

With nearly 70 years of history, Bob's Stores has been a beloved fixture in local communities, offering affordable apparel and footwear. Despite its strong community ties, financial struggles have necessitated the liquidation of the company.

Apparel 111
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All Bob’s Stores locations to close

RetailDive

The retailer was unable to secure the financing necessary to keep operating. The fate of sibling Eastern Mountain Sports remains unclear.

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CACI Analysis Reveals Shift in Retail Footfall and Spending Patterns

365 Retail

CACI , experts in consumer and location planning, have analysed the changing relationship between people and place, highlighting how and why a national footfall reduction at retail environments is happening, but still leading to rising spend. According to CACI data, since 2019, vendors across the UK have experienced an overall 11.5% drop in footfall.

Leisure 106
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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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State Farm Issues Ultimatum to California

RetailWire

California's largest insurer, State Farm, has issued a stark ultimatum to the California's Department of Insurance: approve significant rate hikes for home insurance or face the company's exit from the market.

Marketing 105
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Parents to spend nearly 22% more on back-to-school shopping this year: report

RetailDive

Walmart, Target and Amazon continue to dominate the top list of places consumers want to shop during the season, a JLL survey found.

Consumer 118
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FTC Blocks $4 Billion Merger of Mattress Giants Tempur Sealy and Mattress Firm

RetailWire

In a unanimous decision, the Federal Trade Commission (FTC) has moved to block the $4 billion merger between mattress maker Tempur Sealy and Mattress Firm, the largest bedding retailer in the United States.

Retail 104
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News: Apple First to Be Charged With Violating EU DMA by Not Fully Allowing Steering

FastSpring

Apple is the first company to be charged by European Union antitrust regulators under the EU’s Digital Markets Act (DMA), an act which is intended to “ comprehensively regulate the gatekeeper power of the largest digital companies.” Reuters reports that “EU antitrust chief Margrethe Vestager cited issues with Apple’s new terms, saying that they fell short of complying with the DMA,” and that Apple may be able to avoid related fines if they modify their business terms to address those issue

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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

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New Ecommerce Tools: July 2, 2024

Practical eCommerce

This week's rundown includes new tools for shoppable media, AI assistants, personalization, returns forecasting, installment payments, shipping platforms, and marketplaces. The post New Ecommerce Tools: July 2, 2024 appeared first on Practical Ecommerce.

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Fossil names interim CFO after finance chief follows CEO out the door

RetailDive

The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.

Jewelry 78
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Five Ways to Gain Maximum Return on Your Videos

Digital Doughnut

Without question, our collective appetite for video is fuelling more video-centric experiences online. Video’s ability to impart both emotional and practical information makes it a win-win for brands and consumers alike.

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E.l.f. tests real-world commerce on Roblox via Walmart tech

RetailDive

Users can purchase a variety of physical products at a virtual kiosk within the beauty marketer’s existing E.l.f. Up! experience.

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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EverPass Media Brings NFL Sunday Ticket to Bars and Restaurants

RetailWire

EverPass Media, a joint venture between the NFL and RedBird Capital Partners, is set to revolutionize how fans watch NFL games in bars, restaurants, and other commercial establishments.

Games 76
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M.M. LaFleur’s CEO on the brand’s evolution and relaunching a store fleet

RetailDive

It’s been years since M.M. LaFleur shuttered its subscription service and closed all its stores. Now it’s recommitting to both.

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Dog & Cat Food Recall: What We Know

RetailWire

The nationwide dog and cat food recall could affect your pet.

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Poppi lawsuit turns attention and scrutiny to the prebiotic beverage industry

RetailDive

The category's explosive growth with little regulation has led to questions over what makes a product "gut healthy.

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The Pragmatic Guide to Composability

Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.

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Is an AI Summary Generator the Key to Speed in Confident Retail Decisions?

Dynamic Action

Summary In a world of information overload, retailers need access to the best insights quickly to make accurate business decisions. Using AI summary within a retail intelligence platform, retailers can access the main takeaways from data. This process saves retailers ample time, allowing them to focus on taking action. Uncover how AI summaries can impact your retail decision-making now.

Retail 62
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The Fragrance Shop Brings AI Fragrance Machine EveryHuman to Manchester

365 Retail

This past weekend, The Fragrance Shop brought the Artificial Intelligence fragrance-making machine, EveryHuman, to Manchester for the first time in the North. During a two-day pop-up event at the Manchester Trafford Centre, customers were invited to create their bespoke scents using the world’s first AI fragrance machine – the first 25 of which received a TFS goody bag.

Events 63
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UKVIA poll shows little confidence that politicians can deliver a smokefree Britain

TalkingRetail

There is very little faith that the big three political parties can secure a smokefree Britain, according to a poll carried out by the UK Vaping Industry Association.

Retail 59
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Rocksbox drops rental subscription

RetailDive

The jewelry company has rebranded as an e-commerce site, selling both new and pre-owned items.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Mini profile: Nisa’s strong availability drives retailer’s expansion plans

TalkingRetail

A new Nisa Local has opened Edinburgh under the leadership of retailer Ashok Pothugunta, a veteran in the retail industry with over 15 years of experience with Nisa.

Retail 59
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Tips to choose the perfect pizza oven covers

365 Retail

The pizza oven is a smart investment you can ever make, but make sure that when you invest then you have to take care of it. Otherwise, its durability and ability will be affected. There is a prevention called pizza oven cover , that you should buy for your oven. This not only encourages your home cooking skills but also if you are a restaurant holder, this will expand your dishes menu.

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What can a shop owner do to protect staff from attacks? | Viewpoint: Graham Allison

TalkingRetail

The results from the GMB survey reveal 1 in 3 ASDA workers have been attacked at work, is unsurprising when earlier this year the British Retail Consortium revealed attacks on shop workers have risen by 50% in a year – yet the numbers still should… This story continues at What can a shop owner do to protect staff from attacks?

Retail 52
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American Express Revolutionizes Restaurant Reservations

RetailWire

American Express cardholders in New York and Los Angeles stand to benefit from increased access to popular restaurants, provided they meet the required spending thresholds.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI