Wed.Jul 03, 2024

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Generative AI Marketing Use Cases In APAC

Forrester eCommerce

I’m pleased to announce the publication of the second of my two APAC generative AI (genAI) B2C marketing reports, Generative AI Marketing Use Cases In APAC (client-only access).

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Call the Men in Black: Alien Spacecraft Crashes into Roswell Bealls Store

Retail TouchPoints

Image courtesy Bealls The Bealls store in Roswell, N.M. is celebrating that town’s famed relationship with UFOs and all things extraterrestrial with the installation of immersive space alien artwork, just in time for Roswell’s annual UFO festival. The move is part of a larger localization effort on the part of Bealls to bring regional flavor to its stores.

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Architects Demonstrate Value By Showcasing Business Outcomes.

Forrester eCommerce

Enterprise architecture teams must take action to demonstrate their value to the overall business — read this blog for some key best practices and activities that EA professionals can undertake.

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The Unseen Ethical Considerations in AI Practices: A Guide for the CEO

Retail TouchPoints

Artificial intelligence (AI) is only accelerating its adoption among global corporate enterprises, so CEOs and business leaders are positioned at the confluence of innovation and ethics as it relates to implementing AI projects in their businesses. While technical prowess and business potential usually are the focus of conversations around AI, the ethical considerations are sometimes overlooked, especially those not immediately obvious.

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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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Greeking Out: Aristotle’s Guide To AIOps Mastery

Forrester eCommerce

Aristotle’s wisdom nails it: mastering precision, appropriateness, timeliness, intentionality, and methodology isn’t just for anger management — it's crucial for AIOps too. In the chaotic world of IT, we need to separate the signal from the noise and act with clear intention.

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FTC Blocks Tempur Sealy’s $4 Billion Mattress Firm Acquisition

Retail TouchPoints

All five Federal Trade Commissioners voted to halt Tempur Sealy International ’s planned $4 billion acquisition of Mattress Firm , saying that as the world’s largest mattress supplier and manufacturer, Tempur Sealy’s purchase of the 2,400 -store retailer would give it “the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers,” according to an FTC statement.

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More Trending

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Bookshop.org Plans Promo to Fight Prime Day Pandemonium

Retail TouchPoints

While other retailers launch competing sales around Amazon ’s Prime Day in the hopes of riding the ecommerce giant’s coattails, for Bookshop.org , Amazon’s annual sale event highlights bigger existential concerns. The platform’s sole mission is to keep independent bookstores alive amid the threat of digital convenience instigated by Amazon itself. Despite expanding well beyond its early niche in books, Amazon still captures more than 50% of book sales in the U.S., and many readers will flock to

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Want To Create Journey Maps That Accomplish Your Goals? Get Clear On Purpose!

Forrester eCommerce

Journey maps are STILL wildly popular, and for good reason: Done right, they can transform the customer experience (CX) your company delivers and even alter its culture.

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Monica + Andy Founder Details Multiple Expansion Paths for Baby Retailer

Retail TouchPoints

Unlike many DTC brands that were born online and later found their way into physical retail, Monica + Andy has had a strong brick-and-mortar presence almost since its 2015 founding. Beginning with a single “guide shop” in Chicago’s Lincoln Park neighborhood, the babywear retailer “actually had 18 physical retail locations in our first three years,” said Founder and CEO Monica Royer.

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2024 Paris Olympics & Paralympic Games: A Big Opportunity For Brands

Forrester eCommerce

Despite the post-election trauma in France, brands sponsoring the Paris 2024 Olympic games should be able to leverage their investments. There is a huge contrast between the current political context today in France and the universal message that the Olympic games will convey in about three weeks.

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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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Grove Collaborative, Blueland Promote Plastic-Free July Initiatives

Retail TouchPoints

Two brands known for their commitment to sustainability, Grove Collaborative and Blueland , are marking Plastic-Free July with new tools and a fun consumer campaign, respectively. Grove has launched its Beyond Plastic Impact Tracker , which discloses the amount of plastic avoided and recovered in each order, with the goal of engaging customers more directly in the fight against single-use plastic waste.

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Black farmers call on Tractor Supply CEO to resign following diversity about-face

RetailDive

John Boyd, president of the National Black Farmers Association, a Tractor Supply shareholder and fourth-generation farmer, said he has tried to reach out to the company’s top executive.

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Charts: Global Workforce Outlook Q2 2024

Practical eCommerce

Per a recent PwC survey, the global workforce is experiencing much upheaval from technology and other forces. The post Charts: Global Workforce Outlook Q2 2024 appeared first on Practical Ecommerce.

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Sam Ash assets acquired for $15.2M

RetailDive

Mexican company Gonher is purchasing “substantially all” of its assets, following the music retailer's Chapter 11 bankruptcy in May.

Retail 119
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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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BYD Set To Overtake Tesla as Leading EV Manufacturer

RetailWire

According to a recent report by Counterpoint Research, Chinese electric vehicle maker, BYD is en route to surpass Tesla in battery electric vehicle sales this year.

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Toy company Basic Fun to restructure in bankruptcy

RetailDive

The bankruptcy of its largest customer, Toys R Us, along with the pandemic and supply chain issues squeezed liquidity, leaving Chapter 11 as the best way to save the company.

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Sprite partners with Pringles Hot

TalkingRetail

Sprite has teamed with Pringles Hot to launch cross-category POS for convenience stores. To help customers take advantage of this cross-category opportunity, Sprite is partnering with popular mealtime occasions and brands including Pringles Hot!

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FTC blocks Tempur Sealy’s proposed $4B takeover of Mattress Firm

RetailDive

The mattress giant expressed confidence in its ability to prevail in court and close the deal later this year or early next.

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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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New Data Shows YouTube Leads the Way in Influencing Kids’ Purchases

RetailWire

A new report has revealed that YouTube has become the go-to destination for children seeking their favorite shows like "Peppa Pig" as well as the leading platform influencing their buying decisions.

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Ikea majority owner invests in real estate in NYC

RetailDive

Ingka Investments plans to build a retail and office space three minutes from Grand Central Station and Bryant Park.

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Steve Ballmer Surpasses Bill Gates in Wealth Rankings

RetailWire

Steve Ballmer, the former CEO of Microsoft and current owner of the NBA's Los Angeles Clippers, has overtaken Microsoft co-founder Bill Gates in the list of the world's richest people.

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Hoka’s latest avian-themed ads look to shore up favor among runners

RetailDive

Establishing a stronger connection to runners comes as legacy rivals like Nike have seen their foothold in the community slip.

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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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Jollibee & Compose Coffee Merger: What We Know

RetailWire

Jollibee is one of the most popular fast-food restaurants in the world.

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Glossier inks partnership with USA Basketball Women’s National Team

RetailDive

The beauty brand in March expanded its partnership with the WNBA, which initially launched in 2020.

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Food and drink sales during Euro 2024 quarter-finals set to surpass £200m

TalkingRetail

Retail spending is predicted to hit £311.5m during the UEFA Euro 2024 quarter-finals, which kick off on Friday 5 July, a new report reveals. The Men’s UEFA Euro 2024 Spending Report by savings site VoucherCodes.co.

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M&S to Open New Flagship Store in Bath’s SouthGate

365 Retail

M&S has announced plans to open a brand-new 83,000 sq ft flagship store in Bath, relocating to a new location at SouthGate. This move represents a £17m investment by the retailer, aimed at offering the very best shopping experience for its customers and securing M&S’s future in Bath. Customers will be able to shop for both M&S Food and the retailer’s extensive Clothing & Beauty ranges from the new location once it opens.

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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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Shop price inflation slows in June

TalkingRetail

Shop price annual inflation eased to 0.2% in June, down from 0.6% in May, according to the BRC-Nielsen Shop Price Index. Shop price annual growth is its lowest since October 2021. Non-Food remained in deflation at -1.0% in June, down from -0.

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M&S Announces New Flagship Store in Bristol’s Cabot Circus

365 Retail

M&S has announced plans to return to Bristol with the opening of a brand-new flagship store in Cabot Circus. The 80,000 sq ft store is backed by a £21m investment by the retailer and is expected to create up to 150 jobs. This new store will offer customers the very best of M&S Food, Clothing, and Beauty. The opening of the Cabot Circus store is part of M&S’s store rotation strategy, ensuring that the retailer has the right stores in the right places with the right space to prov

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Hancocks launches new website to improve retailer experience

TalkingRetail

Confectionery wholesaler Hancocks has launched a new website to improve the shopping experience for retailers. The business has made a significant investment in the latest e-commerce technology to further improve the customer browsing and purchasing process with faster loading speeds, mobile optimisation and personalisation.

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B&Q Appoints Joanna Gluzman as Director of Responsible Business

365 Retail

B&Q has announced the appointment of Joanna Gluzman as its new director of responsible business. She will join the company on 1 July 2024. Joanna brings over 25 years of experience in ESG and investor relations to B&Q. Most recently, she served as chief sustainability officer at PZ Cussons, a FTSE 250 FMCG company, where she oversaw the sustainability strategy and implementation internationally.

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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.