Tue.Apr 23, 2024

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Can Your IT Operating Model Keep Up With Cloud?

Forrester eCommerce

Cloud has driven enterprise IT transformation with speed and scale that was simply impossible with data centers alone. But operating models haven’t always kept up — and the mismatch means that old operating models impede the optimization of cloud IT.

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Saks.com Launches Retail Media Network

Retail TouchPoints

Saks has joined peers like Nordstrom and Macy’s by launching a retail media network that will enable its brand partners to connect more directly with the Saks customer base through digital advertising. As Saks noted in its announcement, the retailer is one of the first in the luxury space to introduce a retail media offering. This first-mover status was likely enabled by Hudson Bay Company’s decision to split the Saks Fifth Avenue brick-and-mortar and ecommerce offerings into two separate compan

Retail 264
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Embracing the Fusion of Humans + AI: Win With Boundless Experiences

Forrester eCommerce

Don’t miss the CX Summit APAC 2024, which promises to be riveting as industry speakers and Forrester analysts share their insights on CX, digital, and marketing, and how AI is making an impact. Join us in Sydney, Australia, or as a digital experience on May 28 to hear from Forrester analysts and industry experts.

Marketing 259
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The Growing U.S.-China Ecommerce Rivalry will Make 2024 the Year of Commerce Media

Retail TouchPoints

Ecommerce continues to climb to new heights in the U.S., where recently released figures for Q4 2023 show that sales reached nearly $325 billion. But America looks set for an ecommerce war. Having spent a whopping $3 billion on online advertising in the U.S. in 2023, China’s Temu is hoping that its online advertising blitz can help it establish a foothold in what is traditionally Amazon’s territory.

eCommerce 263
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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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Solve The AI Trust Dilemma At CX Summit EMEA

Forrester eCommerce

As organizations increasingly invest in genAI capabilities and consumer-facing use cases, they need to consider consumer trust. Learn how to foster trust in this CX Summit EMEA keynote preview.

Consumer 259
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Amazon Rolls Out Grocery Delivery Subscription Nationwide

Retail TouchPoints

Following a pilot in three U.S. cities, Amazon is making its grocery delivery subscription available to all Prime members in the U.S. For $9.99 a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh , Whole Foods Market and a variety of local grocery and specialty retailers, as well as number of other delivery and fulfilment options.

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Walmart Suppliers Deliver Greenhouse Gas Reductions 6 Years Early

Retail TouchPoints

Here’s some positive sustainability news for Earth Month. Walmart introduced Project Gigaton in 2017 with an ambitious goal: reducing, avoiding or sequestering one gigaton — that’s 1 billion metric tons — of greenhouse gas emissions by 2030. The more than 5,900 Walmart suppliers that now participate in the Project Gigaton consortium have delivered on that promise today, six years ahead of schedule.

Supplies 261
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The Ultimate Shopify SEO Checklist

Groove

The old adage is, "Build it, and they will come." However, when eCommerce store owners have thousands (or millions) of competitors, driving traffic to an online store is not quite simple. In terms of digital marketing strategies , none are more impactful or affordable than search engine optimization (SEO). Effective SEO will help bring organic traffic to your Shopify store and help you rank higher in search.

Shopify 195
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Levi’s Boosts Awareness in a Big Way with Giant-Sized 501 Jeans

Retail TouchPoints

There’s size XL, XXL and even XXXL, but there aren’t enough “X’s” for these Levi Strauss & Co. 501 Jeans that measure 12 feet tall — nearly 5X larger than the average pair. The oversized denim will be on display in five malls around the country through May 20, and members of Levi’s Red Tab loyalty program who show a picture of themselves with the jeans can get 40% off a pair of regular price (and regular size) jeans.

Apparel 248
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5 Best Paddle Alternatives in 2024

FastSpring

When considering Paddle alternatives, it’s important to note that Paddle is a merchant of record (MoR). The company handles transactions for sellers of digital products, providing the infrastructure for global online payments while taking responsibility for tax collection and remittance, fraud prevention, and other aspects of the checkout process. It’s a capable solution, but by no means is Paddle a universal, one-size-fits-all option.

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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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JD Sports Strengthens U.S. Footprint with $1.1 Billion Acquisition of Hibbett

Retail TouchPoints

UK-based sports retailer JD Sports Fashion has agreed to acquire athletic fashion retailer Hibbett for $87.50 per share, representing an aggregate value of approximately $1.1 billion , in a deal unanimously approved by the Hibbett board. JD Sports entered the U.S. in 2018, when it acquired Finish Line for $558 million. This latest acquisition will add 1,169 Hibbett , City Gear and Sports Additions stores operating across 36 states to JD Sports’ roster of more than 3,400 stores in the UK, Europ

Fashion 147
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Primark to Roll Out Click + Collect Service Across All Stores in Great Britain by 2025

365 Retail

Primark is set to extend its Click + Collect service to every store across Great Britain by the end of 2025, following a successful 18-month pilot. The expansion will commence later this year, incorporating all 184 stores in England, Scotland, and Wales. With this expansion, Primark will also broaden the range of products available through Click + Collect.

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FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings

Retail TouchPoints

Saying that Tapestry ’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023 , would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart Weitzman and Kate Spade brands with Capri’s Versace, Jimmy Choo and Michael Kors labels.

Fashion 147
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Amazon rolls out grocery subscription for Prime members, EBT customers

RetailDive

The new service, which has a monthly fee, offers free delivery on orders over $35 from Whole Foods, Amazon Fresh and grocers partnered with the e-tailer.

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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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10 Brand Examples of Inspiring Product Images and More | Salsify

Salsify

Shoppers expect action-packed product pages. The majority of shoppers (76%) said that high-quality product images are “extremely” or “very” important to their decision to click on a product page from search results, according to the Salsify “ 2024 Consumer Research ” report.

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Can Retailer Co-ops Cut Ecommerce Shipping Costs?

Practical eCommerce

Retailers have used purchasing cooperatives for years to obtain volume pricing. The post Can Retailer Co-ops Cut Ecommerce Shipping Costs? appeared first on Practical Ecommerce.

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UK-based JD Sports to buy rival retailer Hibbett for $1.1B

RetailDive

The combined company would have a global portfolio of about 25 brands and North American revenue of about $5.9 billion.

Retail 119
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New Ecommerce Tools: April 23, 2024

Practical eCommerce

This week's updates address product images, live streaming, B2B, logistics, cross-border payments, and more. The post New Ecommerce Tools: April 23, 2024 appeared first on Practical Ecommerce.

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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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Optimizing Retail Strategy: Balancing Data Collection with Actionable Insights

Wiser

Implementing technology solutions in retail environments presents several challenges, particularly in balancing the volume of data a brand wants to collect with the utility of that data, as well as the realities involved with in-store data collection (by field reps or mystery shoppers). A common issue Wiser Solutions experiences with customers is the inclination to gather excessive information, leading to field reps spending considerable time in stores, often manually, collecting upwards of 30 m

Retail 78
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FTC sues to block Tapestry’s $8.5B acquisition of Capri Holdings

RetailDive

The commission says the deal would prevent competition and give Tapestry a dominant share of the “accessible luxury” handbag market.

Marketing 111
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Research Reveals Majority of Gen Z is Pessimistic About the Economy – 71% Plan to Tighten Budgets and Be Selective on Purchases

SheerID

71% Plan to Tighten Budgets and Be Selective on Purchases. Gen Z reports exclusive offers are the leading approach to try a new brand and build customer loyalty.

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High-end appliance retailer Pirch to liquidate in bankruptcy

RetailDive

The company faces lawsuits from customers and vendors, including one from American Express alleging potential fraud.

Retail 126
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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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Jacob’s donates 5p per pack to the Trussell Trust

TalkingRetail

Pladis is encouraging shoppers to join Jacob’s in contributing towards raising £50,000 for the Trussell Trust by donating 5p per pack across its entire portfolio.

Retail 83
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Shoppers under 18 at this Target store must be accompanied by an adult

RetailDive

Young customers at a Columbia Heights shopping center in Washington, D.C., need the presence of an adult.

Customer 112
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Spar UK activates new retailer recruitment incentive

TalkingRetail

Spar UK will highlighting its most recent retailer recruitment opportunity, designed to encourage forward thinking independent retailers to join Spar at an upcoming industry event.

Retail 64
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Wayfair’s first large-format store to open next month

RetailDive

The location in Wilmette, Illinois, will span 150,000 square feet — about 10 times the size of its other stores — and feature an onsite restaurant.

Other 106
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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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Kantar reports further grocery price inflation dip

TalkingRetail

Grocery price inflation has fallen to 3.2% over the four weeks to 14 April, marking the fourteenth monthly drop in a row, according to new figures from Worldpanel by Kantar. Overall take-home grocery sales rose by 3.3% this month.

Retail 59
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Dom’s, Foxtrot cease operations

RetailDive

The companies “found no viable option despite good faith and exhaustive efforts,” Dom’s posted on its website.

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Out & About: The VM & Display Show 2024

365 Retail

The 2024 Visual Merchandising and Display Show, conducted on April 16-17 at the Business Design Centre in London, showcased developments in the retail design sector through an array of innovative designs and technologies. The event featured a diverse assortment of products designed to expand the potential of physical retail spaces. The show floor, noted for its broad range of display items, included the latest advancements in mannequins, props, festive decorations, 3D designs, garment hangers, a

Seminar 57
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Allbirds unveils Tree Runner Go sneaker as it refocuses on core products

RetailDive

The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2.

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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.