Retail TouchPoints
DECEMBER 23, 2024
Artificial intelligence isn’t going to replace the marketer, but the marketer who uses AI is going to replace the marketer who doesn’t. This summer, the number of Americans forecasted to use generative AI at least once per month exceeded 100 million , and more than ever, marketers need to seek ways to implement the technology in their organizations.
Forrester eCommerce
DECEMBER 23, 2024
OpenAI's new o3 and o3-mini models are generating excitement with claims of advanced reasoning capabilities, fueling the AGI debate. With impressive benchmarks in visual reasoning, mathematics, and coding, these models showcase progress, but still have limitations like struggles with contextual understanding and ambiguity. While AGI remains distant, the continuous evolution of these models highlights both opportunities and challenges for organizations working with AI technologies.
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Retail TouchPoints
DECEMBER 23, 2024
Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 billion. The transaction, expected to close during the first half of 2025, will give the family members 50.1% ownership of the company and 49.9% to Liverpool.
RetailDive
DECEMBER 23, 2024
About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.
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Retail TouchPoints
DECEMBER 23, 2024
Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. The troubled retailer is still pursuing an alternative going concern transaction with Nexus or another party, with the goal of completing a sale by early next month. Big Lots currently operates 960 stores, according to its website , and will continue to serve customers both in-store and online.
RetailDive
DECEMBER 23, 2024
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.
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RetailDive
DECEMBER 23, 2024
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.
Retail TouchPoints
DECEMBER 23, 2024
In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey. Digital twins are often linked to a data source; in some cases, that means the twin is updated to reflect the original version; in others, that means these virtual items unlock insights that can be applied within a specific function or an entire organization
Forrester eCommerce
DECEMBER 23, 2024
With all the relentless buzz about AI, its easy to start with the tool and then go searching for a way to use it. The problem with that is youre letting the technology, not your customers and your goals, drive your strategy. Set your company up for success with AI by following these steps.
Practical eCommerce
DECEMBER 23, 2024
This year's outstanding campaigns feature collaborations, dupes, celebrity spots, mobile apps, mascots, dance routines, pop-ups, and AI-powered videos. The post Outstanding Marketing Campaigns from 2024 appeared first on Practical Ecommerce.
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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.
365 Retail
DECEMBER 23, 2024
Did you know that retail businesses are among the top targets for cyberattacks worldwide? According to IBMs 2023 Cost of a Data Breach Report, the retail sector averages $3.28 million in losses per breach. With vast customer data flowing through point-of-sale systems, mobile apps, and e-commerce platforms, retailers are facing unprecedented cybersecurity challenges.
RetailWire
DECEMBER 23, 2024
Whataburger and Wrangler are teaming up for an iconic set of double W clothing.
Korona
DECEMBER 23, 2024
Is Square POS customer service reliable? Explore its pros and cons, and explore reliable alternatives POS for your business.
RetailWire
DECEMBER 23, 2024
Zepbound is the first and only perscription for adults to treat OSA and obesity.
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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.
Forrester eCommerce
DECEMBER 23, 2024
After more than a year of investigations, the Italian privacy regulator il Garante per la protezione dei dati personali issued a 15 million fine against OpenAI for violating privacy rules.
RetailWire
DECEMBER 23, 2024
Olive Garden plans to roll out individual-order delivery, coordinated with Uber Direct.
Forrester eCommerce
DECEMBER 23, 2024
As has now become a Forrester Security & Risk Summit tradition, a room full of amazing women and a few brave fellas gathered last week as part of Forrester Womens Leadership Program to celebrate the successes, and solve for the many challenges women face in this field. The theme? To Propel You Career In Security & Risk, Choose Your Advisers And Nuggets Of Advice Wisely.
RetailWire
DECEMBER 23, 2024
The Container Store bankruptcy won't affect customer orders or bring store closures.
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365 Retail
DECEMBER 23, 2024
Technological advancement and customer expectations are changing the face of the financial industry and its core operations. The evolution of core banking platforms is key to this, as they are critical to the ability of financial institutions to stay competitive and keep up in this fast-changing environment. This article traces the evolution of core banking systems, compares traditional and modern approaches, and identifies some of the critical drivers of their deployment.
RetailWire
DECEMBER 23, 2024
Disneyland cafes fear selling out of the popular gingerbread cookies shaped like Mickey Mouse.
365 Retail
DECEMBER 23, 2024
Safety and security are two main leading concerns for both players and casino operators. The rise of online casino sites has brought with it an influx of fantastic new opportunities for entertainment and rewards, but it has also introduced a number of risks. To ensure a safe and enjoyable online gaming experience, it is essential to choose platforms for the safest online casino that gives priority to strict player protection via stringent protocols.
RetailWire
DECEMBER 23, 2024
Starbucks workers have voted to strike.
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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.
365 Retail
DECEMBER 23, 2024
Is your garage overflowing with tools, boxes, and “I’ll get to it soon” projects? You’re not alone. Garages often become the catch-all for anything we don’t want in the house, leading to clutter and chaos. With the new year approaching, it’s time to reclaim that space and turn your garage into something functional, organised, and dare we say, enjoyable to use.
RetailWire
DECEMBER 23, 2024
Trader Joe's has yet another addictive dip.
RetailWire
DECEMBER 23, 2024
Honda and Nissan are trying to stay ahead of the competition.
RetailWire
DECEMBER 23, 2024
As egg prices soar again, shoppers are scrambling to keep up.
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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.
RetailWire
DECEMBER 23, 2024
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