Thu.Jan 18, 2024

article thumbnail

The Power of Play: Using Gamification to Elevate Retail Apps

Retail TouchPoints

Mobile apps have become a critical customer engagement channel for retailers as they try to create and capture more value for, and from, their customers. It’s no surprise that industry research and earnings reports consistently reveal customers with a brand’s app are three to four times more valuable than customers without the app. And the majority of retailers (74%) agree that investing in mobile apps is key to driving profitability.

Retail 317
article thumbnail

Navigating the Unpredictable: 3 Ecommerce Experimentation Predictions for 2024

Fastr

As we've begun the new year, the lessons of the past, shaped by the tumultuous events of 2023 and the preceding years, have left an indelible mark on the ecommerce landscape. It's now clear that predicting the future in this ever-evolving realm is a formidable challenge.

eCommerce 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Reality of AI in Retail: Executives Break Down Opportunities, Challenges at NRF

Retail TouchPoints

The rumor that every NRF speaker was contractually obligated to mention artificial intelligence (AI) at least once per presentation is definitely untrue, but you’d be forgiven for thinking that was the case because AI worked its way into almost every conversation and presentation at the 2024 NRF Big Show. The ubiquitousness of the topic alone says something, and the themes and commentary that arose throughout the show say even more.

article thumbnail

Customer Buying Journey: How Shoppers Discover New Products | Salsify

Salsify

Brand discovery can happen at any moment. Consumers might be scrolling social media, searching the web, or walking down the high street when they come across a brand that meets their needs.

article thumbnail

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.

article thumbnail

Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

Retail TouchPoints

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Now the companies, while noting that they “remain in active and ongoing dialogue with the Federal Trade Commission and individual state Attorneys General,” have stretched out the timeline for the deal’s finalization.

Retail 264
article thumbnail

Macy’s to cut 3.5% of its workforce, close 5 mall anchors

RetailDive

The moves come as Tony Spring prepares to take the reins from CEO Jeff Gennette, who said a year ago that store closures were mostly complete.

133
133

More Trending

article thumbnail

How to Research Amazon Keywords

Practical eCommerce

Searchers on Amazon use commercial-intent keywords to optimize for Google and elsewhere. The post How to Research Amazon Keywords appeared first on Practical Ecommerce.

eCommerce 111
article thumbnail

Digital Brands Groups Moves into Physical Retail with Plans for 50 Stores

Retail TouchPoints

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. For DBG, which already has ecommerce and wholesale distribution for all of its brands, stores represent the missing piece of the puzzle.

Retail 263
article thumbnail

Crate and Barrel launches gift registry program across brands

RetailDive

The company made the entirety of its product assortment available to customers creating registries alongside other perks to its gifting offerings.

Gifts 112
article thumbnail

Last Call for Drizly: Uber to Shut Down Alcohol Delivery App, Focus on Uber Eats

Retail TouchPoints

It’s closing time for alcohol delivery app Drizly : Uber , which acquired the company three years ago for $1.1 billion , has announced that it will shutter the service in March 2024, multiple sources report. Uber had planned to integrate Drizly into the Uber Eats app while continuing to maintain a separate Drizly app, but those integrations may have hit a roadblock due to the inherent differences in the way the two businesses operated, according to Axios.

article thumbnail

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.

article thumbnail

Allbirds looks to sports veterans for chief marketing, design roles

RetailDive

Kelly Olmstead, who joined the brand last year, has been promoted to chief marketer, while Adrian Nyman takes on the new design position.

Marketing 115
article thumbnail

Sheryl Sandberg Leaves Meta To Focus on Philanthropy

RetailWire

In a recent development at Meta, previously known as Facebook, Sheryl Sandberg disclosed her intentions to step away from the board.

105
105
article thumbnail

Yeti leans into post-purchase communication to engage customers

RetailDive

“You need excellence all the way from the homepage through a package arriving at their doorstep,” said Yeti’s director of software engineering.

Customer 101
article thumbnail

ALDI Eliminates Plastic Bags in US Stores

RetailWire

The supermarket chain is the first major U.S. retailer to eliminate plastic grocery bags.

Retail 115
article thumbnail

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.

article thumbnail

Wholesale and retail ranked sector hit most by crime in the UK

TalkingRetail

New research has revealed that the wholesale and retail sector sees the most crime out of any UK industry. The money.co.

Retail 98
article thumbnail

Samsung Releases New Smart Phone Galaxy S24 Series

RetailWire

Samsung Electronics has unleashed the innovative Galaxy S24 Ultra, Galaxy S24+, and Galaxy S24.

article thumbnail

Hair care brand Amika launches on Roblox

RetailDive

The brand partnered with Obsess to launch “The Amikaverse” on the game platform, and later this year will create a matching virtual store.

Games 97
article thumbnail

Dalton Park and Livingston Designer Outlets Announce Record Sales for 2023, Unveil 2024 Goals

365 Retail

Dalton Park , the largest outlet in the North East, and Livingston Designer Outlet , Scotland’s largest outlet, have reported a record-breaking sales year for 2023, eclipsing their previous achievements in 2022. This trend underscores consumers’ continued preference for quality brands at attractive prices. Dalton Park experienced a notable 10% year-over-year (YoY) increase in seasonal sales, with an overall annual growth reaching 16.2%.

article thumbnail

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.

article thumbnail

Stitch Fix ends full-time work for stylists, lays off some leads

RetailDive

The apparel box retailer has kept a tight grip on expenses, but its sales and customer base continue to shrink.

Apparel 102
article thumbnail

Asda appoints SMG as Retail Media Network partner

365 Retail

Asda has today announced the appointment of SMG as its new Retail Media Network (RMN) partner. SMG will manage the retail media planning and retail media operations functions of Asda business. SMG’s appointment comes at an exciting time as Asda plans to expand its retail media network via more stores, new digital channels, and innovative propositions.

Retail 62
article thumbnail

BRC responds to government tabling ‘Assaulting a retail worker’ bill

TalkingRetail

Helen Dickinson, chief executive of the British Retail Consortium (BRC) has responded to Alex Norris MP tabling an amendment to the Criminal Justice Bill to create an ‘Offence of assaulting a retail worker’.

Retail 59
article thumbnail

Unlocking the Future of Customer Data: Global Brands Share Their Thoughts

365 Retail

The world of customer data is rapidly changing, and companies are responding with diverse strategies to stay ahead in this dynamic environment. At Amperity’s recent Amplify summit, industry leaders and professionals from iconic global brands like Deloitte, Patagonia, Taco Bell and more converged to explore the evolving landscape of data-driven marketing and the profound impact of first-party data.

article thumbnail

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.

article thumbnail

Pioneering start-up Retail AI welcomes Mark Steven as new CEO

TalkingRetail

Retail AI, the start-up at the intersection of onsite retail media and artificial intelligence, has announced the appointment Mark Steven as its new chief executive officer.

Retail 59
article thumbnail

Philadelphia High School Seniors Pitch Products Shark Tank-Style for Funding

RetailWire

There's a unique opportunity starting up at the Science Leadership Academy in Philadelphia. It's giving its high school seniors an unusual platform to showcase their innovation and win funding for their creative projects. This exciting initiative is like a mini version of the popular TV show, 'Shark Tank'.

52
article thumbnail

Visa Changes Could Hurt UK High Street Retailers

365 Retail

Brits have an affinity for high streets and the retail services they offer. As noted by a Legal & General survey, 24% of respondents said they visit their local high street at least once per week. Breaking down that stat, most people (40%) go to the supermarket, 27% spend time in high street cafes, and 21% visit independent shops. By this measure, there’s still a desire amongst consumers to visit high street shops and cafes, despite the very obvious dominance e-commerce now has.

Retail 52
article thumbnail

What High Interest Rates Historically Mean For Consumer Spending?

RetailMinded

As needs and the finance landscape evolved, credit and consumer spending became a formal deed. It’s when interest started creeping into the picture, and now, it’s a common part of the spending and borrowing game. It actually feels like when you go to a cash-only party to a world of plastic cards and interest rates rule the financial dance floor. The Influences of Consumer Spending and High-Interest Rates Borrowing Costs Go Up The financial world may just seem to work with numbers, but the correl

article thumbnail

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

article thumbnail

Which Retail Trends Show How Important Technology Is In 2024?

365 Retail

The latest technology has always played a huge role in the retail industry. From cash registers being used in the first department stores to the introduction of credit cards in the mid-20th century, retailers have always had to be aware of technology trends. So which ones are currently the most important? Going Online Still Makes Sense The idea of retail businesses going online to reach a wider audience has been around since the early 1980s.

article thumbnail

Infographic: The State of Website Accessibility 2024

Digital Doughnut

New research from Crownpeak in partnership with Digital Doughnut sister company London Research explores the drivers of investment in website accessibility and the methods companies are using to test their digital properties.

article thumbnail

SHEIN Is Under Security Review by China

RetailWire

SHEIN, the fast-fashion giant recognized for its affordable online shopping, is undergoing a security review by China's internet regulator.

Fashion 59
article thumbnail

Plans to give more businesses access to Energy Ombudsman welcomed by ACS

TalkingRetail

ACS has responded to a consultation launched by energy regulator Ofgem, welcoming proposals to expand the number of businesses that have access to the Energy Ombudsman.

Retail 52
article thumbnail

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.