Mon.Oct 28, 2024

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True Retail Intelligence: Why You Need to Be Proft-Aware

Dynamic Action

Summary Retailers need to understand profitability to make informed business decisions. Being profit-aware involves connecting internal business performance, promotional activity, price adjustments, product exposure, and inventory status data with your competitive and customer data. While a profit-aware lens is critical, to have a complete view of performance, retailers must layer all three lenses (market, profit, and customer) on top of each other.

Retail 62
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Patagonia Deploys New Resale Tech that Integrates Pre-Owned and New Products

Retail TouchPoints

Patagonia has become the first brand to make use of T r ove ’s new Resale Plugin, which allows brands to seamlessly integrate pre-owned items alongside new products on their existing ecommerce platforms. The Resale Plugin tool is designed to be a low-barrier solution for brands of all sizes to easily integrate resale into their offering. Trove has powered Patagonia’s existing Worn Wear resale program for years, and now Patagonia will be the first partner to adopt the Resale Plugin, further integ

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B2B Go-To-Market Budgets Will Continue To Be Tight In 2025: Here’s What Marketing And Sales Operations Leaders Need To Do About It

Forrester eCommerce

Facing tight budgets in 2025, here are the main areas where B2B revenue, marketing, and sales leaders should prioritize their investments.

B2B 259
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Rent the Runway Names Fab.com Founder as Chief Product Officer

Retail TouchPoints

Retail and resale veteran Bradford Shellhammer will join Rent the Runway as Chief Product Officer effective Oct. 29, 2024, according to a LinkedIn post by CEO Jennifer Hyman. Shellhammer was most recently Chief Product Officer at the Etsy-owned musical instrument marketplace Reverb , and prior to that he held jobs with increasing responsibility at Ebay for more than six years.

Mobile 283
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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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Red Flags Revealed: Navigating the Path to B2B Operational Excellence

Forrester eCommerce

This blog explores the importance of effective process management in B2B organizations, highlighting common challenges and providing strategies to achieve operational excellence through the mitigation of six red flags. The full report offers a comprehensive analysis, detailed breakdowns, and actionable insights for preventing these red flags to improve business outcomes.

B2B 221
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Party City Taps Instacart for Same-Day Delivery

Retail TouchPoints

Customers can now shop from over 700 Party City stores on Instacart for same-day delivery in as fast as one hour. The new delivery partnership bolsters Party City’s existing availability on delivery platform DoorDash while also increasing Instacart’s assortment of non-grocery items, including decorations, seasonal tableware and other party supplies.

Games 278

More Trending

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7-Eleven Plans 500 New ‘Food-Forward’ Stores by 2027

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to open 500 new “food-forward” convenience stores between 2025 and 2027. The “New Standard” stores will be larger than traditional 7-Eleven stores and will include expanded fuel offerings as well as digital innovations to support more frictionless shopper journeys. The c-store giant’s road to the new store design began with its Evolution store format, which was launched in March 2019 with a store in Dallas.

Customer 277
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ServiceNow Partners With Rimini Street To Offer AI Innovation To On-prem ERP Systems Worldwide

Forrester eCommerce

In a surprising turn of events for ERP customers globally, as part of its Q3 2024 financial results, ServiceNow announced a new expanded partnership with one of the most popular third-party software support providers, Rimini Street.

Events 195
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Crafting Engaging Consumer Promotions that Click with Gen Z

Retail TouchPoints

Gen Z is undoubtedly revolutionizing the consumer landscape. Growing up in a digital world, this generation has distinct preferences and expectations that brands need to understand in order to effectively engage them. As brands build out their chance-to-win promotions, attempting to draw in shoppers with sweepstakes and contests, it’s important to consider what will actually appeal to this extremely influential audience with an estimate of $360 billion in spending power (and growing).

Consumer 275
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Predictions 2025: Global Flexing Of Regulatory Might Threatens Operational Stability In The Public Sector

Forrester eCommerce

Governments, fueled by populism, are now taking regulatory aim at the tech industry, which the public considers a source of disinformation and discord. But curbing the might of the tech giants is a challenge that will require governments to use new regulatory tactics.

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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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Most consumers plan to shop online this holiday season

RetailDive

While some people started shopping during October’s promotions most consumers plan to start next month, according to research by Bain & Compnay.

Consumer 129
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Unified Commerce Is Not A Thing

Forrester eCommerce

Demystify the concept of 'unified commerce' in this Forrester blog by analysts Emily Pfeiffer and Lauren Cevallos.

Blog 195
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Teamsters Target Amazon Delivery Drivers

Practical eCommerce

Does Amazon control the drivers that work for its Delivery Service Partners? That's the question central to a dispute. The post Teamsters Target Amazon Delivery Drivers appeared first on Practical Ecommerce.

eCommerce 108
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Walmart parodies TV hits in Black Friday ‘advertainment’ series

RetailDive

“Deals of Desire” taps into customers’ “main character energy” and follows similar efforts from the retailer that bridge content and commerce.

Customer 108
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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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4 Payment Processing Pitfalls to Avoid

Practical eCommerce

Industry pros cite common merchant mistakes that jeopardize processor relationships and damage a business. The post 4 Payment Processing Pitfalls to Avoid appeared first on Practical Ecommerce.

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The RealReal CEO out after less than 2 years

RetailDive

Rati Sahi Levesque, who helped found the company in 2011, has replaced John Koryl, who arrived in February last year and has now left the company.

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British Airways Cancels All Fights Between New York and London Airport Until 2025

RetailWire

Passengers looking to leave London's Gatwick on British Airways may have to find alternate routes through early 2025.

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Jennifer Hudson stars in Old Navy’s latest holiday campaign

RetailDive

The campaign, dubbed “Love is in the House,” will air across cinema, social media, primetime networks and streaming services.

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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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Volkswagen Layoffs and Plant Closures Are Imminent

RetailWire

Volkswagen has confirmed workers will be let go and some European factories will close.

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Amazon warns of West Coast capacity constraints

RetailDive

Cross-docking inefficiencies are leading to issues bringing inventory into the company's fulfillment network, experts say.

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KFC Introduces New Cranberry Pepsi Flavor

RetailWire

KFC is introducing a new flavor, this time as a beverage in cooperation with Pepsi.

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Columbia revamps creative strategy with new top marketer, agency

RetailDive

Matthew Sutton, previously of digital-first brands like The Black Tux, is tasked with bringing product strategy and marketing closer together.

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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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Percentage of Americans Living Paycheck to Paycheck Is Increasing

RetailWire

Bank of America Institute finds many households spend almost as much as they make.

Banking 98
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The rising value of nonprime cobrand credit cards

RetailDive

Nonprime cobrand cards offer millions of people an opportunity to improve their credit score while taking advantage of the rewards that make everyday life more convenient.

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Technogym Opens New Retail Boutique in London’s Piccadilly

365 Retail

Technogym has unveiled its latest retail boutique in London, situated at 71 Piccadilly. Spanning over 180 square metres, the new space is designed to immerse visitors in a comprehensive wellness lifestyle experience. The boutique offers access to Technogym’s high-end products, cutting-edge fitness technology, and a host of wellness services tailored for in-home exercise.

Retail 62
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Why some retail has been resilient against Amazon

RetailDive

Retail industry news, voices and jobs. Optimized for your mobile phone.

Retail 126
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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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Merry Hill Pens Book Deal as Waterstones Becomes 25th Brand to Invest in the Destination in 2024

365 Retail

Merry Hill is celebrating a landmark year for tenant commitments, with 25 deals completed in 2024, representing 110,000 sq ft of space at the top 10 UK retail and leisure destination. Renewals formed over half of these, underscoring Merry Hill’s performance, where leading brands succeed and want to stay long-term. The 15 brands that have renewed at Merry Hill this year span its diverse line-up, including British book retailer Waterstones, which covers two floors near the flourishing Leisure Quar

Books 62
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Amazon’s top grocery executive exits

RetailDive

Tony Hoggett, the retailer’s senior vice president of worldwide grocery stores, is leaving after nearly three years at the company.

Retail 90
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Marks & Spencer to Install Self-Service Checkouts in Changing Rooms

365 Retail

Marks & Spencer (M&S) has revealed plans to introduce self-service checkouts in the changing rooms of its 180 clothing stores, with the goal of enhancing the shopping experience and reducing the need for customers to queue twice. The retailer’s current target is to complete this upgrade across more than 100 stores by early 2028, as part of a wider revamp across its clothing outlets.

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2024 holiday retail trends: How to stay agile and maximize every sale opportunity

RetailDive

Discover key 2024 holiday trends and how retailers can stay agile to meet rising consumer demands.

Retail 98
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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.