Fabric
FEBRUARY 9, 2024
“Inventory is fundamentally evil. You kind of want to manage it like you’re in the dairy business. If it gets past its freshness date, you have a problem.” Tim Cook, CEO at Apple For retailers, improving inventory health sounds simple enough. The balancing act involves optimizing stock levels to meet customer demand while efficiently managing costs.
Forrester eCommerce
FEBRUARY 9, 2024
AI couldn’t stay out of the headlines in 2023. While there was the ongoing string of generative AI announcements, AI also experienced legislative and litigious scrutiny. Both AI technology companies and enterprises that use these technologies experienced investigations related to their AI use.
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Retail TouchPoints
FEBRUARY 9, 2024
Gucci and Yves Saint Laurent parent company Kering is pulling its brands off the Farfetch luxury marketplace, and Neiman Marcus Group is pulling out of a 2022 deal with the company that would have seen Farfetch manage the website and app of Bergdorf Goodman while also selling the department store chain’s wares on the Farfetch marketplace, multiple sources report.
Forrester eCommerce
FEBRUARY 9, 2024
To deliver the next wave of business growth, leaders need superior and relentless alignment to achieve high-performance IT.
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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.
Retail TouchPoints
FEBRUARY 9, 2024
Hy-Vee will leverage Instacart ’s Fulfillment as a Service (FaaS) to integrate same-day delivery fulfillment capabilities into its owned and operated websites and apps. The supermarket retailer first partnered with Instacart for deliveries in 2018; more recently, Hy-Vee began working with Uber Eats for delivery from its 260 stores in August 2023. The FaaS solution allows retailers to plug Instacart fulfillment technology into existing ecommerce platforms via APIs in order to integrate with their
Groove
FEBRUARY 9, 2024
In an increasingly remote world, eCommerce is a booming business , but one that is hard to master. Understanding user behavior by leveraging data-driven insights is your best way to gain a competitive edge over other players worldwide. Shopify Google Analytics integrations are fantastic tools for mid-market and enterprise retailers. This step-by-step guide will walk you through setting up and using the power of a Shopify GA4 integration to its full abilities.
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RetailWire
FEBRUARY 9, 2024
Hawaiian Airlines is setting a precedent by providing free Wi-Fi facilitated by SpaceX's Starlink on its commercial flights. It is the first significant U.S. airline to provide this satellite-based service.
Retail TouchPoints
FEBRUARY 9, 2024
The Stitch Fix Style Forecast has become so much more than a press campaign used to drum up buzz and consumer excitement before the New Year’s Eve ball drops. In fact, it’s now central to how Stitch Fix shows up for customers across channels. “The Style Forecast is an embodiment of the art and science to our approach , fueled by billions of data points that we gather across our experiences and through millions of our clients that we engage with,” said Loretta Choy, Chief Merchandising and Client
365 Retail
FEBRUARY 9, 2024
EE has announced a significant £6 million investment in the UK’s high streets, demonstrating its commitment to the brick-and-mortar retail sector. This investment underpins the launch of more than ten new EE Experience and Experience Local stores across the UK over the next 12 months, beginning with a high-profile opening in the Metrocentre, Gateshead.
Retail TouchPoints
FEBRUARY 9, 2024
Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 billion in 2022, up from $93.9 billion in 2021 — and experts expect this year’s total to continue to rise. Respondents also overwhelmingly indicated that shoplifters — particularly those affiliated with organized retail crime (ORC) — have grown increasingly violent in recent years, adding another layer to the challenge.
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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.
Practical eCommerce
FEBRUARY 9, 2024
The founder of SpyGuy is a seasoned world traveler and an authority on inexpensive flights and hotel accomodations. The post How Merchants Rack-up Airline Points appeared first on Practical Ecommerce.
Retail TouchPoints
FEBRUARY 9, 2024
Discount shopping app Shein has announced plans to open a Seattle-area office as it continues to expand its U.S. footprint and moves forward with its U.S. IPO. The nearly 10,000-square-foot office space in downtown Bellevue, Wash. will serve as a hub for Shein’s U.S. fulfilment and logistics, furthering the company’s ongoing effort to localize fulfillment and support speedier delivery times for American customers.
RetailWire
FEBRUARY 9, 2024
Google has revealed a big rebrand of its artificial intelligence chatbot and assistant, Bard. The program will now be called Gemini.
RetailDive
FEBRUARY 9, 2024
The new restwear, sleepwear and innerwear collection is part of a larger owned brand strategy — one new CEO Tony Spring says he has confidence in.
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RIS News
FEBRUARY 9, 2024
The annual “Store Experience Study” represents the 21st year of collaboration between RIS News and IHL Group. Benchmark your store technology stack against your peers and discover the industry’s tech investment plans for today and into the future.
RetailWire
FEBRUARY 9, 2024
Owens Corning, a major player in the worldwide construction materials sector, has made a significant move by purchasing Masonite International Corporation, a global innovator in interior and exterior doors and door systems.
RIS News
FEBRUARY 9, 2024
Step into the future of analytics at our upcoming Analytics Unite event, being held at The Drake Hotel in Chicago from May 1-4.
RetailWire
FEBRUARY 9, 2024
Sam Altman, CEO of OpenAI, is on an international mission to raise considerable funds for an ambitious new project. He aims to radically escalate the production of the essential high-performance semiconductors that fuel advanced AI programs such as OpenAI's ChatGPT.
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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.
RetailDive
FEBRUARY 9, 2024
The company looked to Ursula and Maleficent for a collection with Allure Bridals, while the specialty retailer eliminated the global brands president position.
Digital Doughnut
FEBRUARY 9, 2024
The rise of social media and digital connectivity in our daily lives has necessitated brands to establish a strong online presence, often relying on image-based social media platforms to engage with customers and create digital communities. While these communities can foster a sense of belonging and brand loyalty, social media’s reliance on user-generated content (UGC) limits brands’ ability to control the nature and quality of the content associated with them.
iVend
FEBRUARY 9, 2024
It’s the time of year when the world’s thoughts turn to love. For retailers, Valentine’s Day offers a shopping boost in the after-holiday mid-February slump, but it’s more than that – it’s also a reminder that love comes in many forms, including the love that shoppers have for their favourite store. Getting shoppers to love your store is a sure-fire way to retail success – customer satisfaction, competitive advantage, scalability and business growth.
TalkingRetail
FEBRUARY 9, 2024
Northern Ireland’s Henderson Technology has now installed a million electronic shelf-edge labels (ESELs), it announced this week. The company, which is notable for being an offshoot of the Northern Ireland retailer and wholesaler of the same name, put its one millionth ESEL into Filco Supermarkets.
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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.
RetailWire
FEBRUARY 9, 2024
PepsiCo, a significant player in the beverage and snack industry, delivered a mixed bag of quarterly results, indicating a dwindling demand for its products in North America.
RetailDive
FEBRUARY 9, 2024
The pharmacy chain’s recently-installed CEO announced executive team changes as the company looks for a fresh start after financial struggles.
RetailWire
FEBRUARY 9, 2024
Hershey has warned of a possible consumer price increase for the brand's chocolate snacks and goods due to the rising price of cocoa.
RetailDive
FEBRUARY 9, 2024
Ambassadors range from seven to 17 years old and come from backgrounds spanning the worlds of music, fashion, cooking and more.
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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
RetailWire
FEBRUARY 9, 2024
The NBA is currently facing litigation for its alleged role in endorsing Voyager Digital Holdings, a now-defunct cryptocurrency exchange business.
RetailDive
FEBRUARY 9, 2024
The toy manufacturer named a new chief strategy officer and rolled out a business optimization plan to drive further profitability as Q4 sales grew 16%.
RetailWire
FEBRUARY 9, 2024
Uber Eats finds itself entangled in controversy following the airing of its Super Bowl commercial, which included a joke about peanut allergies.
RetailDive
FEBRUARY 9, 2024
Various funds, including one owned by the Singapore government, have taken stakes in recent days as rumors swirl about activist pressure.
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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