Tue.Jul 09, 2024

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Digital Business Strategy Services Providers Must Evolve To Deliver Value

Forrester eCommerce

In a transforming market, digital service providers must move towards delivering value for digital business strategy.

Marketing 259
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Co-op Taps Walmart Commerce Technologies to Support Online Grocery Growth

Retail TouchPoints

UK retailer Co-op is working with Walmart Commerce Technologies to bolster its “quick commerce” operations. The co-operative store network, which operates approximately 2,400 food stores and provides products to more than 6,000 other stores, will implement the Store Assist solution from Walmart Commerce Technologies to improve the ease, speed and convenience of its online grocery operations.

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Every Revenue Process Transformation Will Be Unique — Just Get Started

Forrester eCommerce

A revenue process transformation isn’t a project or single workshop initiative. It’s an ongoing, collaborative effort that requires organizations to meet their buyers at every stage of their journey. Learn what it takes to get started.

Workshop 273
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Inside JCPenney’s Transformation: A Data-Driven Vision and Future-Ready Tech Stack

Retail TouchPoints

JCPenney has faced the same challenges that bedevil the entire department store vertical, ranging from lower foot traffic at malls to the high operating costs that come with significant brick-and-mortar investments. As a result, the category as a whole appears to be headed toward a period of consolidation: Saks parent company HBC recently paid $2.65 billion for Neiman Marcus Group , and activist investors recently raised their bid to buy out Macy’s , according to the Wall Street Journal.

POS 279
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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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Amazon A+ Content 101 | Salsify

Salsify

An Amazon product detail page (PDP) that lacks enhanced content is equivalent to leaving the house in a state of undress. People will look at your PDP — and then quickly scroll away if it appears bare.

eCommerce 116
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HSN Launches Creator Platform to Build Direct Connections with Digital Influencers

Retail TouchPoints

Live shopping veteran HSN has launched a new creator platform, HSNfluencer , to directly recruit, manage and analyze its partnerships with online creators. Powered by partnership management platform Impact.com , HSNfluencer allows the company to streamline its relationships with digital creators and influencers. The platform is designed to makes it easier for creators to engage with the HSN brand, share links and promote products through campaign-focused collaborations.

More Trending

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Lowe’s Expands Retail Media Offerings to Include In-Store Audio

Retail TouchPoints

Lowe’s Media Network is expanding its offerings to include in-store programmatic audio ads in partnership with Vibenomics , a Mood Media company. Since its 2021 launch , Lowe’s media network has grown significantly and now serves more than 300 brands in the home improvement category. The new partnership with Vibenomics will allow Lowe’s to offer its advertising partners targeted, specialized audio ads that are delivered programmatically to stores chainwide.

Retail 275
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Walmart Offers Half-Price Membership To Attract Amazon Shoppers Before Prime Day

RetailWire

Although Walmart's members-only sales event has ended and Amazon's Prime Day is still a week away, the fierce competition between these two retail giants continues at full speed.

Events 107
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Big Lots to Close Nearly 40 Stores as SEC Filing Raises Doubts About Retailer’s Future

Retail TouchPoints

Big Lots will close 35 to 40 stores in 2024 following a tough Q1, and in a recent SEC 10-Q filing the retailer expressed “substantial doubt about the Company’s ability to continue as a going concern.” The retailer boosted its liquidity with a $200 million term loan facility in April 2024 but is now forecasting difficulty paying that loan back within the next 12 months, increasing the risk of a default.

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7-Eleven Announces Details for Slurpee Day 2024

RetailWire

On July 11, 2024, the convenience store retailer 7-Eleven is offering a special promotion on its aptly named Slurpee Day, coinciding with the date's numerical significance of 7/11.

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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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5 Strategies for Addressing the Retail Talent Crunch Ahead of the Holidays

Retail TouchPoints

Like many industries, retail is currently experiencing a talent shortage. How severe is that shortage? While vacancies for the U.S. job market overall are down 5.6% in the last 12 months, retail vacancies are up 11.6% through April 2024. And, interestingly, job seeker activity is starting to trend up, too. These trends offer cause for hope and concern ahead of the holiday period.

Retail 262
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Saks COO is out

RetailDive

Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.

Supplies 116
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Wendy’s Announces Expansion Into New European Markets

RetailWire

The Wendy’s Company announced new development agreements with franchisees in the Republic of Ireland and Romania to open restaurants starting in 2025 as part of its plan to expand across Europe.

Marketing 105
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New Ecommerce Tools: July 9, 2024

Practical eCommerce

New tools for merchants this week include social commerce, flexible payments, luxury shopping, fulfillment, AI-powered pricing, and shopping in the metaverse. The post New Ecommerce Tools: July 9, 2024 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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Dollar General Teams Up With Dolly Parton

RetailWire

Dollar General has announced a new kitchen and housewares collection inspired by Dolly Parton that spans multiple items across different product categories.

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Target to stop accepting personal checks

RetailDive

The retailer highlighted that customers will still have six payment options after the change takes effect in about a week.

Customer 116
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The Demise of Cookies is Delayed Yet Again, But it’s Vital to Make the Most of It - Here’s How

Digital Doughnut

Google's decision to postpone the removal of third-party cookies from Chrome again has provided a lifeline for advertisers. With this extension, brands have a golden opportunity to fine-tune their strategies and confidently embrace the impending changes rather than panic.

B2B 75
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Customers want rewards and exclusive perks from loyalty programs, survey finds

RetailDive

Shoppers want the ability to earn rewards points towards discounts, bonuses or exclusive merchandise, according to a Snappy survey.

Customer 112
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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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Tesla Night Curfew Should Put Parents’ Minds at Ease When Young Drivers Are on the Road

RetailWire

The company's new 2024.26 software update has been released.

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Majestic Identifies 125 Potential Locations for New Store Openings – See Where

365 Retail

Majestic , the UK’s largest specialist wine retailer, has identified 125 locations for potential new store openings across England, Scotland, Wales, and the Channel Islands as it accelerates its investment into experiential bricks-and-mortar retail. Majestic aims to open an average of one new store per month in the coming years to attract new customers, drive sales, and increase market share.

Channel 62
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Vineyard Vines teams up with Jeep on capsule collection

RetailDive

The collection, which is available in select Vineyard Vines stores as well as on its website, consists of hats, sweatshirts, shirts and shorts.

89
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Colder June impacts total retail sales

TalkingRetail

UK Total retail sales decreased by 0.2% year on year in June, against a growth of 4.9% in June 2023, according to the British Retail Consortium (BRC). Food sales increased 1.1% year on year over the three months to June, against a growth of 9.

Retail 59
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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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Amazon debuts all-new Echo Spot ahead of Prime Day

RetailDive

The smart alarm clock comes with “better visuals and improved audio quality” from its original device, according to the company.

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Co-op agreement with EG On The Move ’fuels’ franchise growth on forecourts

TalkingRetail

Co-op has signed a new franchise agreement with EG On The Move as the convenience retailer targets significant franchise growth ambitions, it has been announced today (Tuesday 9 July).

Retail 59
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Completing the Replatforming Journey!

Fabric Blog

Welcome to the conclusion of my #TopperTuesday series with this being the tenth post on replatforming. It’s not everything I know, but it contains all of the highlights! From understanding what problems you are using to justify a replatform and partner selection to selling your ideas and measuring the results. Here is a summary of my entire replatforming series: Lessons Learned From a Career of Replatforming Why Replatform?

Games 52
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Euro 2024 semi-final stage to give retailers £352.7m boost

TalkingRetail

With England through after a nail biting round the 2024 Euros semi-final stage is predicted to bring in £352.7m for retail across the nation, a report reveals. According to the Men’s UEFA Euro 2024 Spending Report by VoucherCodes.co.uk, of the total viewers, 19m are opting… This story continues at Euro 2024 semi-final stage to give retailers £352.

Retail 59
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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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Retail Revolution: 5 Tangible Ways Tech Partnerships Boost Your Bottom Line

iVend

No man is an island’, wrote John Donne in the 17th century. In the 21st century, we can apply the same sentiment to business – no successful business can operate entirely on its own resources. Retail POS Software Build your trusted tech partnership with market leader iVend. We help retailers worldwide to boost their bottom line. Read more In 2024, we’re going through a retail revolution, where technology partnerships are essential to retail business growth and efficiency, and a key strategy for

POS 52
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Smoke signals | In focus: Smoking and smoking alternatives

TalkingRetail

Tobacco and vapes account for 22% of sales in c-stores, so it’s vital to get the category right – and with constantly changing legislation, keeping up with the law is as important as keeping up with trends.

Retail 52
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Lidl GB to Integrate EV Charging Payment into Rewards App

365 Retail

Lidl GB is set to become the first supermarket in Britain to integrate payment for electric vehicle charging (EVC) within its rewards app, Lidl Plus. This latest development will enable customers to pay for their power directly via the app, enhancing their shopping experience. The transition, currently provided through Pod Point, will start this summer and is expected to be completed across all of Lidl’s 370+ charge points nationwide by the end of the year.

Events 52
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Volumatic backs report supporting protection of access to cash

TalkingRetail

A recently commissioned report by independent experts from the Financial Inclusion Commission (FIC) and conducted by the University of Birmingham’s Centre on Household Assets and Savings Management (CHASM) stresses the importance of maintaining access to cash and other essential banking services for both consumers and… This story continues at Volumatic backs report supporting protection of access to cash Or just read more coverage at Talking Retail

Banking 52
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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.