Thu.Jun 06, 2024

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Media Networks Beyond Retail: How to Activate Your Right to Win

Retail TouchPoints

With retail media ad spend projected to reach $140 billion this year, companies outside of retail seeking new revenue streams have an opportunity to dominate the next wave of media networks. Where retailers carved out a unique ability to deliver closed-loop media measurement, large-scale businesses in verticals such as travel, sports, entertainment and delivery services can offer advertisers rich first-party data and exclusive behavioral insights into loyal, passionate and targeted audiences.

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AI for the People: Improving Governance And Adoption Are Key for Public Sector AI Efforts

Forrester eCommerce

Like the changes wrought by open data and third-party apps in the 2010s, AI will revolutionize the internal workings of the public sector and how it engages with its constituents in the next 5 to 10 years.

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Dollar Tree Considers Selling Family Dollar Stores as it Reviews Alternatives

Retail TouchPoints

Dollar Tree, Inc. has initiated a strategic review of its struggling Family Dollar segment, considering options including a sale, a spinoff or “other disposition of the business,” according to a statement. “Dollar Tree has been on a multi-year journey to help the company fully achieve its potential,” said Rick Dreiling, Chairman and CEO of Dollar Tree, Inc. in a statement.

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Preview: Technology & Innovation Summit North America

Forrester eCommerce

Technology and data leaders are at a pivotal moment, being pressed to chart a path that capitalizes on new and emerging technology to drive meaningful business results. Learn how Forrester’s annual Technology & Innovation Summit North America can help you get there.

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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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#RICE24: On the Ground with In-Store Tech at Sephora, Reformation and Walgreens

Retail TouchPoints

There is no better way to find out what’s going on at retail than to actually visit stores, which is exactly what Retail TouchPoints had the chance to do while in Chicago this week for the Retail Innovation Conference & Expo (RICE). RTP ’s editors joined the #RICE24 store tours hosted by intrepid travelers and retail analysts Jack Stratten of Insider Trends and retail consultant Ian Scott.

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Align or Fall Behind: Overcoming Software Strategy Execution Challenges in APAC

Forrester eCommerce

In APAC, the software industry is booming with a growth rate of +10.3% expected in 2024. Yet, mastering a software strategy remains a complex task for many.

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Ex-Post Office CEO Paula Vennells almost sacked back in 2014, inquiry hears

TalkingRetail

Government officials were considering sacking former CEO Paula Vennells back in 2014, it has been revealed today (6 June) during the Post Office inquiry. The inquiry was shown an internal government document that showed Vennells’ position was under review.

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Google Ad Updates from Marketing Live 2024

Practical eCommerce

Google announced over 30 new advertising features at this year's event. Here are the most impactful for merchants. The post Google Ad Updates from Marketing Live 2024 appeared first on Practical Ecommerce.

Marketing 110
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Monsoon Launches Bridalwear and Occasion Dress Rental Service with MyWardrobe

365 Retail

British retailer Monsoon has launched a new partnership with clothing rental business MyWardrobe , offering customers a capsule collection of bridalwear and occasion dresses for hire. This initiative, Rent Monsoon, is now available on Monsoon’s website, just in time for peak wedding season. The rental service allows fans of the contemporary and expressive brand to access a range of beautiful wedding dresses, including the bestselling feather-trimmed bridal jumpsuit, as well as a limited co

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Top Predictions for 2024 Holiday Shopping Trends [DOWNLOAD] | Salsify

Salsify

On the nice-to-know list for the upcoming holiday shopping season: Nearly two-thirds of shoppers plan to shop on Black Friday and spend the same as last year — some generation groups will shell out even more.

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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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Amazon expands UK grocery delivery

TalkingRetail

Amazon is now offering grocery deliveries to all its customers in eligible cities across the UK. Customers across the UK have a range of options to get groceries delivered by Amazon including Amazon Fresh, Morrisons, Co-op, and Iceland.

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Lululemon CEO says it missed opportunities in the women’s business in Q1

RetailDive

A narrow color palette and insufficient inventory in smaller sizes contributed to slower growth in the U.S., though overall revenue was still up 10%.

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Leveraging Data to Minimise Returns: Insights and Strategies for Brands 

ESW

Retail returns have and will likely continue to be a hot topic for brands and merchants. And there is plenty to talk about. On one hand, the returns process is an opportunity to turn a negative customer experience into a positive one. On the other, high return rates can be a significant drain on time, resources and profitability. Minimising returns has become a priority for many brands – especially brands with international DTC operations.

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Offline Conversion Tracking

ROI Revolution

Is your business leveraging offline conversion tracking to enhance your digital marketing strategy? If any of your brand’s revenue results from transactions that occur over the phone, through online chat, or from a form submission like a quote request or appointment booking, and you’re not using offline conversion tracking, you are likely missing out on crucial insights.

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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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Understanding Price Elasticity in Retail: Types and Strategic Application

Wiser

Price elasticity is a fundamental concept in economics and marketing that measures how the demand for a product changes in response to price variations. Mastery of this concept allows retailers and brands to make informed pricing decisions that can significantly influence profitability and market competitiveness. Types of Price Elasticity Price Elasticity of Demand (PED) : Elastic Demand : Here, a small change in price leads to a significant change in the quantity demanded.

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The Difference Between Closed-Affiliate and Open Verification: Why It Matters for Your Brand

SheerID

Learn why you should avoid predatory closed-affiliate providers, and how SheerID collects your data securely so you can build direct customer relationships.

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Sofía Vergara launches coffee brand on Walmart.com

RetailDive

Díos Mio Coffee — which is available in whole and ground beans, K-Cups and Nespresso pods — will enter the mass merchant’s stores in September.

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Walmart Introduces Incentive Program for Hourly Employees

RetailWire

Walmart, the biggest private sector employer in the U.S., is rolling out a new bonus program tailored for its hourly staff.

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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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Banana Republic unveils refreshed New York City flagship

RetailDive

The revamped SoHo location features concierge, styling and tailoring services, along with the first BR Home showroom in the city.

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IBVTA urges political parties to recognise potential health benefits of vaping

TalkingRetail

The IBVTA’s Responsible Vaping Manifesto, launched today (6 June) sets out the vape sector’s asks and what the next government should ensure.

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Big Lots may be making more turnaround progress than it seems

RetailDive

Despite sales down double digits and rising debt levels, one analyst says the bad consumer backdrop is masking its improvements.

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Flash Kitchen Roll hits the shelves

TalkingRetail

Cleaning brand Flash has launched its first kitchen roll product. Made by Lancashire-based Accrol Papers under licence from brand owner Procter & Gamble, the three-ply roll is available in two sizes – handy sheets for quicker jobs and XL sheets for larger jobs.

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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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A Cookieless World: What’s Next for Marketers?

Digital Doughnut

Since January, Google has officially started phasing out third-party cookies. The move, which is part of Google’s Privacy Sandbox initiative to protect personal data online, is forcing marketers to re-evaluate their personalisation technologies. This isn’t something that can be solved overnight, but it does need to be addressed.and quickly.

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Why Abercrombie & Fitch isn’t complaining about the weather

RetailDive

A merchandising-first mindset is behind the once-troubled brand’s transformation into one of the best performers in retail, analysts say.

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FDA Advisors Unanimously Vote in Favor of Updated COVID-19 Shot

RetailWire

The updated COVID-19 shot would be made available in the fall if officially approved.

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Victoria’s Secret beat expectations in Q1, but is it enough?

RetailDive

Its namesake and Pink brands have held onto some 20% market share in intimates, though its beauty business is its best-performing category.

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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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Heineken reveals new Strongbow Strawberry flavour

TalkingRetail

Strongbow Strawberry (ABV 4%) is rolling out now in 4x440ml cans and 500ml bottle formats. Strongbow Strawberry joins a range of flavours from the brand – including Dark Fruit, Strongbow Tropical and newly launched Zest.

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Ikea remodels remote work with paid positions for Roblox store

RetailDive

The Swedish retailer is offering jobs to 10 people to staff the digital space and drive real-world recruitment.

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Ladurée Opens Expanded Tearoom Above Flagship Store in Covent Garden

365 Retail

Shaftesbury Capital has announced that Ladurée , the luxury French pâtisserie brand, has opened a new space for tea and haute cuisine above its flagship store in Covent Garden. Located on the corner of the historic Market Building, the expanded tearoom overlooks the West Piazza, increasing the brand’s footprint in this iconic heritage setting. Ladurée’s expansion is the latest in a series of refurbishments by brands at the destination, reflecting Shaftesbury Capital’s commitment to investing in

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VF names global brand president of North Face

RetailDive

Caroline Brown, former CEO of Donna Karan International, is taking on the role after a few months on the apparel conglomerate’s board of directors.

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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.