Fri.Jun 28, 2024

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Successful Entrepreneurs Don’t Overthink

Practical eCommerce

Corey Wilks, a clinical psychologist, helps founders and creators improve their mindset to overcome obstacles. The post Successful Entrepreneurs Don’t Overthink appeared first on Practical Ecommerce.

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Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels

Retail TouchPoints

Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club. One year after its launch as a standalone concept, the Club has seen high client engagement and is planning to open additional standalone locations this year to bring its total to 20. The Fifth Avenue Club began in Saks Fifth Avenue stores, such as its Beverly Hills flagship , offering loyal customers high-touch service and personalized experiences.

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Tractor Supply slashes all DEI roles, carbon-emission goals and Pride support

RetailDive

The retailer said it would focus on "being a good neighbor," but the Human Rights Campaign said the decisions mean the company is "turning its back on their own neighbors.

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Founder of New ‘Co-Retailing’ Space in NYC’s SoHo Shares His Vision for Community-Driven Retail

Retail TouchPoints

Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den The basement “den” space (Photo: Retail Touchpoints) Attendees at a party hosted by APM Models could partake of a series of beauty treatments.

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Tractor Supply Drops DEI and Climate Goals

RetailWire

Tractor Supply Company, the largest rural lifestyle retailer in the U.S., has announced significant changes to its corporate policies. The Brentwood, Tennessee-based company will eliminate its diversity, equity, and inclusion (DEI) roles, retract its carbon emissions goals, and cease sponsorship of Pride events. This move follows a concerted pressure campaign from right-wing activists, which culminated in these sweeping revisions.

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Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Retail TouchPoints

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call for the company’s fiscal 2024 Q3 earnings period, which ended May 31, 2024. While Wentworth didn’t specify the number of Walgreens ’ 8,600+ U.S. stores that will be affected, he did say on the call that “currently, 75% of our U.S. stores contribute roughly 100% of segment AOI [adjusted operating income].

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Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign

Retail TouchPoints

Known primarily as a sewing and fabric destination, Joann is looking to broaden its appeal by highlighting its broad assortment of crafting supplies that reach well beyond the sewing category. The retailer emerged from bankruptcy in April 2024 and is now privately owned. “ Joann is embracing the future and poising itself for a long future of inspiration ,” reads a statement from the company.

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Texas Roadhouse Debuts Frozen Bread Rolls at Walmart

RetailWire

Texas Roadhouse has introduced a frozen version of their bread rolls, now available for home baking. The restaurant chain launched these signature rolls exclusively at Walmart, where they are currently being sold in select stores across Indiana, Kentucky, and Ohio. Walmart confirmed the news on Tuesday, adding that the product will be available in all stores nationwide in the coming weeks.

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More spent on food as UK economy figures revised upwards by ONS

TalkingRetail

The UK economy grew slightly more than initially estimated in the first three months of 2024, according to revised official figures. From January and March, the economy grew by 0.7%, the Office for National Statistics (ONS) said, higher than the 0.6% figure given last month.

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A New Startup Could Boost Amazon’s Presence in TV Advertising

RetailWire

A new advertising firm called Gigi aims to capitalize on Amazon's expanding streaming services for its business growth.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Transact Faster with 70% of Mobile Users with: Google Pay Support from FastSpring

FastSpring

We’re thrilled to announce that FastSpring now supports Google Pay, providing you with a seamless, secure, and convenient payment solution on your website or web shop for in-app purchases or for users within the 70% of global mobile users in the Android ecosystem. With Google Pay, you can offer your customers a faster checkout experience and ensure that their payment information is protected all while opening up new revenue channels to maximize your revenue potential.

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The Weekly Closeout: Chewy plans $500M share buyback, Conn’s receives Nasdaq delinquency notice

RetailDive

The online pet retailer agreed to repurchase shares from its largest shareholder, while the home retailer received the notification after not filing its latest quarterly report.

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Decapitated pineapples will help environment, says Aldi

TalkingRetail

One of the latest measures to cut food waste in stores involves cutting off the top parts of pineapples.

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Puma taps Tommy Hilfiger, Calvin Klein veteran for VP of DTC

RetailDive

Erik Janshen will lead the brand’s global direct-to-consumer sales, including stores, e-commerce and “several online marketplaces.

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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

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ELEMIS Opens First UK Store in Covent Garden’s Seven Dials

365 Retail

ELEMIS has opened its first UK store at 23 Monmouth Street in Covent Garden’s Seven Dials neighbourhood. ELEMIS joins Covent Garden’s significant line-up of cosmetics and beauty brands. This entrance reaffirms the neighbourhood’s position as the UK’s leading destination for beauty and wellness, showcasing Shaftesbury Capital’s active collaboration with sector-leading brands.

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Nike expects more revenue declines ahead after ‘sluggish’ Q4

RetailDive

CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

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EE Unveils Second Experience Store in Manchester

365 Retail

EE has unveiled its second Experience store in Manchester, located at 33 Market Street. This new addition comes in response to popular demand from the city’s tech-savvy residents. Following the successful launch of the first Experience store in Manchester’s Trafford Centre, which saw a 25% boost in footfall compared to previous stores in the area, Manchester is now the first city to host two of these innovative store formats as part of EE’s £6 million investment in brick-and-mortar retail

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Away expands into softside luggage

RetailDive

After making a name for itself selling hardshell suitcases, the DTC luggage brand is expanding to capture what it claims is 50% of the luggage market.

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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Apple Milton Keynes to Reopen in New Location at Midsummer Place

365 Retail

Apple Milton Keynes is set to reopen its doors tomorrow following a relocation within Midsummer Place, where it first opened in 2008. The new store will welcome new and returning customers on Saturday, June 29, from 10 am. As Apple’s 40th store in the UK and one of over 500 globally, it will serve as a new destination for customers from the local community and beyond to explore and purchase Apple products.

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Perfect Corp. and Face Haus partner to bring AI enhanced skincare

RetailDive

The technology helps estheticians identify key skin concerns to help customers better understand their needs.

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Superdrug Opens Largest UK Store at Westfield Stratford

365 Retail

Superdrug has opened the doors to its largest UK store today in Westfield Stratford Shopping Centre, London, creating 25 new permanent roles in the 9,890 sq. ft. retailer. The store, which has doubled in size, continues Superdrug’s expanding bricks-and-mortar retail footprint as the retailer plans to open 25 new stores in 2024, marking its 60th year on the British high street.

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SCOTUS overturns Chevron doctrine, limiting federal agency reach

RetailDive

Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.

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The Pragmatic Guide to Composability

Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.

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Wheelz Niagara

Canadian Special Events

Last week I told you about some of my favourite things to do in the Niagara region. That post led to some wonderful conversations which led me to Wheelz Niagara , a premier boutique tour company providing private wine tours and so much more. They’re a local company, owned and operated by people who love the region that offers everything from small curated wine tours to full-service event planning for groups of every size.

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Protecting Retail Operations: Cybersecurity Practices You Need to Know 

RetailMinded

Owning and managing a retail business in America entails you juggling through a lot of responsibilities. They include you having to meet sales target to continue making the business profitable to keeping your current clients happy while also making strides to earn new business. Yet one thing that you ought to not forget is to uphold the security of your operations.

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Things We Love – Spring 2024

Canadian Special Events

This curated collection of things we love features fabulous products designed to keep busy event profs in style wherever they go. Everywhere Belt Bag Lululemon’s Everywhere Belt Bag is the ultimate accessory for event planners, blending sleek style with practicality. It offers ample storage in a gorgeous form. Bluetooth Label Printer Meet the SUPVAN E10 Mini Label Maker, an event planner’s dream accessory.

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Scamp & Dude to Open New Store in Cambridge’s Grand Arcade

365 Retail

Scamp & Dude , the British fashion brand known for its purpose-driven approach, is set to open its fifth store at Cambridge’s Grand Arcade in July 2024. This expansion follows another consecutive year of double-digit growth for the B Corp Certified brand, which has seen a 32% increase in 2024 compared to 2023, and a 62% increase from 2022 to 2023.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Yan Markson

Canadian Special Events

Yan Markson is a Canadian illusionist and corporate speaker with a clowning, acrobatics, and magic background. He gained popularity through his performances in Cirque Avaia and the Booff Show, where he showcased his comedic brilliance. Yan shifted his focus to magic, particularly mentalism and mind-reading effects, and created his Incredible mind-reading spectacle called “ExperiMentalism” in 2013.

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Nokia to Sell Submarine Network Business to France in $375M Deal

RetailWire

Nokia is set to divest its undersea internet cable business, Alcatel Submarine Networks (ASN), to France for €350 million ($375 million). The deal will initially transfer 80% of ASN to the French government, with Nokia retaining a 20% stake to ensure a smooth transition. The sale is expected to be completed by early 2025, after which France will acquire Nokia’s remaining stake.

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Social supermarket group to open new store in Barnsley

TalkingRetail

Community Shop, the social supermarket for low-income families, is to open a new store in Barnsley in July. The group, where the model is based on selling discounted products that were destined for waste, runs a network of shops in England and Scotland.

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NFL Faces $4.7B Payout After Losing ‘Sunday Ticket’ Antitrust Trial

RetailWire

On Thursday, a jury ruled that the NFL must pay over $4.7 billion for antitrust breach linked to its "Sunday Ticket" package. This service gave fans access to watch out-of-market games only if they purchased a bundled package to access them.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI