Fri.Jan 12, 2024

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Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

Be it shoppers paying by Scan & Go, self-checkout, in checkout-free stores or via Click & Collect: offline retail is becoming increasingly digital. This requires suitable payment solutions – turning payment into a strategic success factor. Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language or the new Windows 95 operating system with a GUI were all highly topical technologies that also kept t

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The EU Data Act Is Now In Force – What It Means For You And Your Organization

Forrester eCommerce

Providers and users of connected products in the EU, or services related to such products, take note: The EU Data Act is now in force. The clock on the transition period started ticking on January 11, 2023, and you need to be prepared.

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6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

As 2024 advances, the importance and reach of paid social media advertising will only continue to grow. For online retailers that want to stay relevant and competitive, it’s important to stay on top of the latest trends and strategies. Here are six social commerce trends you should be aware of to maximize your results and drive growth in the coming year, based on insights from Multichannel Marketing Report 2023 by DataFeedWatch, a comprehensive analysis of the global ecommerce landscape ba

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Gloucester Quays Reports Major Growth in Leasing and Visitor Numbers for 2023

365 Retail

2023 stands as a year of significant achievement for Gloucester Quays , an urban outlet located in the South West. The outlet, under the management of Peel L&P , has reported record levels of leasing activity, accompanied by a notable increase in both footfall and sales. This growth trajectory has been influenced in part by the introduction of several high-profile international brands.

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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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Coachtopia ‘Road to Circularity’ Docuseries Spotlights Sustainability Challenges and Solutions

Retail TouchPoints

Coachtopia , the circular fashion sub-brand of Coach, has launched a new documentary web series designed to educate consumers about the impact of fashion’s growing waste problem and how the budding brand is tackling it head-on. The Road to Circularity , hosted by sustainable fashion advocate and Coachtopia community member Aditi Mayer, brings consumers behind the scenes of the brand.

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Tesla Is Increasing Pay for Factory Workers While UAW Tries To Unionize

RetailWire

Tesla is boosting the salaries of many factory workers across the United States following an announcement from the UAW union seeking to organize workers at Tesla factories.

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Simple Modern CEO on Competitive Markets

Practical eCommerce

Per Mike Beckham, lots of competitors mean lots of potential customers. The post Simple Modern CEO on Competitive Markets appeared first on Practical Ecommerce.

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Sam’s Club Deploys AI-Powered Computer Vision to Speed Payment Confirmation

Retail TouchPoints

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart. After a customer pays at a register or via the Scan & Go mobile payment solution, a combination of computer vision and digital technology deployed in stores’ exit areas captures images of their cart and verifies payment for all items within a shopper’s basket.

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All Showfields stores will close for good on Saturday

RetailDive

The company, now in bankruptcy, has showcased DTC brands, which until recently have largely avoided wholesale partnerships or physical retail.

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Amazon Adds ‘Badge Pay’ to Just Walk Out Deployment in Georgia Hospital

Retail TouchPoints

Amazon ’s cashierless Just Walk Out technology has been deployed in more than 120 third-party locations, including airports, stadiums, university campuses, convenience stores and theme parks. One of the more recent implementations was the St. Joseph’s/Candler Hospital Campus in Savannah, Ga. With the Just Walk Out technology, staff members can use their employee badges to pay for items by scanning it at the entrance to the hospital’s food and beverage concessions.

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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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Casper Unveils New Sleep Shop Concept

RIS News

Book a nap, check out The Pillow Lab, or drop off kids in the Bunkhouse getaway. Learn more about the experience at Casper Sleep's revamped and redesigned Sleep Shop in Costa Mesa, CA.

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Authentic buys Sperry from Wolverine for $70M

RetailDive

Aldo Group will handle the struggling boat shoe brand’s North American wholesale and retail operations as well as design, production and global distribution.

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Google Performance Max Guide: Tips to Optimize Your Ads

CPC Strategy

Google’s Performance Max campaigns came out of beta more than three years ago, and have grown to be a wildly popular campaign type among new and experienced marketers alike.

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CVS to close some pharmacies inside Target stores

RetailDive

As part of its realignment strategy, the pharmacy chain said it wants to reduce its store and pharmacy density.

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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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Paramount Is Possibly Going Up for Auction

RetailWire

Warner Bros. Discovery and Skydance Media are at the negotiating table, discussing the potential acquisition of Paramount.

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DTC skin care brand Curology launches on Amazon

RetailDive

Following its entrance into physical retail in late 2022 through its partnership with Target, the brand continues to expand its distribution network.

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How Amazon Harnesses AI to Transform Online Clothes Shopping

RIS News

Here are four ways Amazon is channeling efforts into enhancing customer confidence in fashion shopping through AI-fueled innovations.

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Victoria’s Secret to infuse AI into online shopping

RetailDive

The intimate apparel company tapped Google Cloud’s Vertex AI to enhance search capabilities and personalize product recommendations.

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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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Can Ecommerce Make You Rich? The Road to Ecommerce Riches

Shopping Signals

Ecommerce continues to skyrocket in popularity. The convenience of online shopping appeals to consumers, while the potential profits entice entrepreneurs. But really, can ecommerce make you rich? Let’s explore what it takes to find financial success through online retail. Yes… Ecommerce Can Indeed make you rich. But… The idea that ecommerce offers a fast track to easy money is mostly a myth.

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Under Armour taps new chief product officer, head of Americas

RetailDive

Industry veteran Yassine Saidi will take over product, and Kara Trent will replace David Baxter in the brand’s largest region.

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Growth Mindset: How To Increase Sales Performance With Simple Mind Hacks

365 Retail

Like many people, you might be new to the phrase ‘growth mindset’ Granted, it sounds like a buzzword, but it’s actually a powerful concept that can help you increase your sales performance – even if you’re not in charge of the marketing department. But what is a ‘growth mindset’, and how can you use it to your advantage?

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The Weekly Closeout: Layoffs at Amazon and LeBron James partners with Fanatics

RetailDive

The e-commerce giant cut jobs in Prime Video and MGM Studios, while the NBA superstar joined Fanatics Collectibles.

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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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Rising profits and more retailers give Booker a boost to begin 2024

TalkingRetail

Booker has reported solid increases in retail sales in its latest trading statement released this week. Sales to retailers by the Tesco-owned wholesaler were up 4.1% like-for-like in the 19 weeks to 6 January, when compared with the same period last year.

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Beyond Meat CFO takes on chief accounting officer responsibilities

RetailDive

Following Henry Dieu’s departure from the plant-based pioneer, Lubi Kutua is adding to his already full plate.

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Are Marvel Action Figures Worth Anything?

365 Retail

Marvel action figures have been a beloved collectable for fans of the Marvel Universe for decades. These miniature replicas of iconic superheroes and villains have brought joy to fans and become valuable items for collectors. Today, we’ll explain whether Marvel action figures are worth anything beyond being a fan’s prized possession. And if you’re looking for the ultimate way to surprise your Marvel-enthusiast friend or family member, understanding the value of these action fig

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2024 Will Be the Year That Supercharges Revenue Teams

Digital Doughnut

Now 2023 has drawn to a close, thoughts turn towards the business landscape for the year ahead. But what will 2024 have in store? Will 2023 leave an indelible mark? Will we see the emergence of new trends across the sales and marketing arenas? And will there be any surprises in store? Here are my forecasts and predictions for business sales and marketing over the next 12 months.

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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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How to Gamble Responsibly at Online Casinos in 2024

365 Retail

One of the most important things a player can do when signing up to a fully licensed and regulated iGaming site is gamble sensibly and responsibly. Fortunately, today’s most trusted casino online operators provide a range of safer gambling tools that can easily help you stay within your budget. Let’s dive in to discover more about how safer gambling tools can help you gamble responsibly.

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Evolving Retail Tech Strategies in the US Alcoholic Beverages Market

IntelligenceNode

As of 2023, the revenue of the US Alcoholic Beverages market amounts to US$283.80 billion. The segment already comprises a massive portion of the overall $331 billion US beverage market. The post Evolving Retail Tech Strategies in the US Alcoholic Beverages Market appeared first on Blog.

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Online fashion revenues rose +6% year-on-year in December, according to True Fit’s data

365 Retail

‘Muted’ Golden Quarter fashion sales were buoyed by a Black Friday boost to order volumes, while fashion revenues rose +6% compared to 2022 in December, the latest data from True Fit, the leading AI platform that decodes size and fit for consumers and apparel and footwear retailers. True Fit’s Fashion Genome , the world’s largest connected data set for apparel and footwear, which brings together the preferences of 82 million active shoppers and 20,000+ brands, showed that while demand (order vo

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Own-label success sees Parfetts extend range

TalkingRetail

Parfetts is increasing the number of its own-label products from 125 lines to 150 by the end of 2024. The wholesaler’s range is specifically developed for convenience stores.

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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.