Mon.Nov 06, 2023

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Why Is Online Retail More Popular than Ever in 2023?

365 Retail

Over the last few years, e-commerce has become one of the biggest buzzwords in the business world, competing with artificial intelligence and ESG. In 2022, e-commerce was responsible for almost 19% of retail sales worldwide, and this figure is expected to grow to close to a quarter of total global retail sales by 2027 if current trends persist. The grocery and food industries have notably profited from the e-commerce boom, amongst others, with many consumers opting to use grocery services for

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3 Winning Omnichannel Strategies for Unifying the In-Store and Online Shopping Experiences

Retail TouchPoints

Malls have been gathering places for moviegoers, mall walkers and of course shoppers for decades. As consumers turned to ecommerce during the pandemic (in droves), the “death of the mall” was widely reported. The pandemic did change shopper behavior, with many sticking with buying goods online and impacting physical stores once it subsided. However, there is some good news for brick-and-mortar retail and malls: Coresight Research recently reported that foot traffic at top-tier malls was up 12% o

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Many B2B CMOs Don’t Understand The Data Requirements For GenAI

Forrester eCommerce

Rushing in to adopt generative AI (genAI) in marketing without setting the right foundation or assessing readiness is a mistake. Harnessing the benefits of genAI effectively requires huge amounts of data, both structured and unstructured, possibly from various different sources. Imagine this scenario.

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The Amazon Automation Scam – Here’s What You Must Know!

My Wife Quit Her Job

An Amazon automation scam involves agencies falsely promising six-figure profits in exchange for a share of your earnings. They claim they can manage every aspect of your business without you having to do anything. But are any of these Amazon automation companies legit? Or are they all scams? In this post, I’ll share everything you need to know about Amazon automation, including ways to automate your Amazon store, common scam tactics, and how to protect yourself from getting ripped off.

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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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Bed Bath & Beyond CEO Johnson Steps Down

Retail TouchPoints

Jonathan Johnson, CEO of the home furnishings retailer formerly known as Overstock.com , which operates as Bed Bath & Beyond , will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc. (that’s the retailer’s new corporate name) has appointed current President David Nielsen as interim CEO while the board of directors searches for a permanent replacement.

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Why Every Seller Should Consider Multi-Platform Analysis

Algopix

In the fast-paced world of e-commerce and digital marketplaces, sellers are constantly seeking ways to gain a competitive edge and maximize their profits. One strategy that has become increasingly important in this pursuit is multi-platform analysis. This approach involves evaluating and selling products on multiple online marketplaces, such as Amazon, eBay, Shopify, and more.

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More Than 50 Top Brands Announce Exclusive Offers For Veterans Day with SheerID

SheerID

More Than 50 Top Brands Announce Exclusive Offers For Veterans Day with SheerID

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DTC Health Care Apparel Brand Figs Opens First Store in LA

Retail TouchPoints

Direct-to-consumer health care apparel and lifestyle brand Figs has opened its first permanent physical retail space in LA’s Century City Mall. In addition to providing shoppers — who Figs refers to as “Awesome Humans” — with the opportunity to touch and try on products, the store, dubbed a “Community Hub,” will host events to celebrate health care professionals, provide programming on key issues impacting them and create opportunities for them to network and share their stories.

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Post Office and DPD Collaborate to Expand Parcel Delivery Options for UK Customers

365 Retail

In a significant move aimed at enhancing customer experience and convenience, the Post Office has entered into a partnership with leading parcel delivery company DPD. This collaboration is set to introduce an innovative Buy-In-Branch parcel service, strategically timed to begin in select branches during the peak Christmas delivery season. This service is designed to complement the Post Office’s recent initiative, Parcels Online, which allows customers to compare and purchase shipping optio

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NBA Opens Second U.S. Flagship in Houston with Help from Lids

Retail TouchPoints

Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids As the 2023/2024 season tips off, the National Basketball Association (NBA) has opened its second U.S. flagship store in Houston with the help of sports apparel and collectibles retailer Lids and its majority owner Fanatics.

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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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Top Amazon Marketing Strategy Tips for Sales Growth | Salsify

Salsify

Here are eight steps for building an Amazon marketing strategy that will help you boost your sales.

Marketing 128
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How Princess Polly Balances Sustainability and On-Trend Style

Retail TouchPoints

2023 was a critical year in Princess Polly ’s growth story. After a successful partnership with Pacsun, the fashion brand opened its first U.S. store in September — the first step in a much larger global vision that extends into 2024. But Princess Polly isn’t focused solely on being in more stores; the Australia-based retailer has multiple priorities that “reflect a holistic approach to growth and sustainability ,” according to Courtney Dres, Chief Merchandising Officer of Princess Polly in an i

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Michaels Unveils Digital Marketplace for Makers and Sellers

RIS News

The arts and crafts retailer’s new digital platform offers a variety of categories including jewelry, home décor, art, accessories, crafting arts, bath and beauty, and clothing. Get the details.

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NBCU Taps Walmart for Latest Shoppable TV Integration

Retail TouchPoints

NBCUniversal has teamed up with Walmart in a new commerce partnership that will allow Bravo fans to shop during programming on the network’s Peacock streaming service for the first time. The partnership will kick off with an integration in the Bravo reality series Below Deck Mediterranean , which takes viewers behind the scenes with the crew and guests on a superyacht during charter season.

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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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Ikea is discontinuing in-store discount for loyalty members

RetailDive

The free membership will still have perks like exclusive deals and hot drinks. But the 5% off markdown announced last year disappears in February.

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Nordstrom Focuses Holiday Efforts on Value-Added Services and Unique Experiences

Retail TouchPoints

To position themselves as the ultimate holiday shopping destinations, Nordstrom and Nordstrom Rack are doubling down on helpful services, compelling brand partnerships and unique in-store shopping experiences. “Our team is looking forward to connecting with customers, however they choose to shop – in stores or online,” said Fanya Chandler, President of Nordstrom Stores in a statement.

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Retail job cuts highest since October 2020: report

RetailDive

Among the industries reducing their workforce, retail ranks second behind technology, according to Challenger, Gray & Christmas.

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Amazon Pulling Back on Physical Style Stores

RIS News

Less than two years following its opening, Amazon Style is shuttering its doors. The two physical apparel retail locations from Amazon will close by November 9.

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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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How AI is changing the game for ecommerce translations 

Talkoot

How AI is changing the game for ecommerce translations Lizzie Davey Writer If you’re selling across borders, you’re likely pumping a lot of money into content localization. Our guess is you’re either doing this with the help of regional teams or external agencies, but things are about to change. There’s a meteor on the horizon and it comes in the form of AI.

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Amplify Your eCommerce Results with High-Converting Retail Product Pages

Wiser

A successful eCommerce business relies heavily on a well-crafted retail product page. It acts as a virtual storefront, enticing visitors to become customers by showcasing your products effectively. Each product page presents a valuable opportunity to portray your merchandise in a compelling manner, emphasizing its features, benefits, and overall value.

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The gift of inventory management this holiday season

iVend

As the holiday season 2023 approaches fast, retailers face a combination of factors that look set to make it a challenging one. Retail is still in the post-pandemic shake-down, with some shoppers loving the return to stores, but others now entrenched with ecommerce as their ‘normal’; inflation is still impacting shoppers’ discretionary spend and the cost of living crisis is making many think twice about purchases they would have made without a care a few short years ago. iVend helps retailers iV

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Value Chain Tech Study 2023

RIS News

For the first time, the annual Supply Chain Study, now in its fourth year, combines the vision and resources of RIS News and Retail Leader.

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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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Beyond Meat slashes workforce as business model is under fire

RetailDive

The plant-based giant, which is laying off 19% of its non-production workforce, continues to face headwinds as consumers prioritize affordability.

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Starbucks’ Reinvention Gets ‘Caffeine’ Boost, Looks to Reset IT Architecture

RIS News

The refreshed strategy, named “Triple Shot Reinvention With Two Pumps,” lays out a more clear, comprehensive roadmap, focusing on scaling digital capabilities, elevating experiences via store initiatives and product innovation, growing the brand glob

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Bath & Body Works takes men’s products on tour with immersive pop-up

RetailDive

The showcase will be stationed alongside sporting events on a tour of nine markets as the company builds its male customer base.

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Ecommerce Product Releases: Nov. 6, 2023

Practical eCommerce

This week's list of upgrades and rollouts includes same-day deliveries, customer intelligence tools, conversational commerce, payment options, and more. The post Ecommerce Product Releases: Nov. 6, 2023 appeared first on Practical Ecommerce.

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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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Allbirds releases updated version of Wool Runner shoe

RetailDive

The brand — which is undergoing a transformation plan — launched the original version of what would become its first-ever sneaker in 2016.

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Christmas Adverts 2023: Festive Commercials Unwrapped

365 Retail

The festive season in the United Kingdom heralds a time of merriment and unity, yet for retailers, it signifies a critical juncture for brand messaging as they roll out their much-anticipated Christmas adverts. These adverts transcend the realm of mere marketing; they are woven into the cultural fabric, influencing consumer sentiment and reflecting societal values.

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Foot Locker hypes up holidays with major brands, NBA stars

RetailDive

The campaign features Nike, Puma and Adidas alongside basketball’s biggest names and arrives as the retailer launches a sneaker-focused brand platform.

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Uber and Lyft Must Pay $328 Million Back to Their Drivers

RetailWire

Uber and Lyft drivers have reached their destination with the settling of this lawsuit.

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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.