Fri.Dec 22, 2023

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Initial Markup in Retail: A Crucial Metric for Profitability

Korona

Initial Markup is a fundamental element of the pricing strategy used by retailers. Learn how to use this formula successfully!

Retail 52
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Focus on Gen AI will drive core modernization and SaaS adoption in 2024

Forrester eCommerce

India is at the cusp of digital hyper growth. Indian businesses have realized that the differentiated services and experiences are key to move ahead of competition and be relevant. They are turning to emerging technologies to build these differentiated services and experience, more than ever before.

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4 Ways QR Codes are Transforming the Retail Shopping Experience

Retail TouchPoints

The next era for retail is already underway, and it all starts with the simple but powerful scan of a code. Nearly 50 years ago, UPC barcodes changed the game for retailers everywhere, and now we’re on the cusp of another massive transformation. According to GS1 US, a member of the GS1 global not-for-profit organization that develops and maintains global standards for barcodes, by 2027, 2D (two-dimensional) barcodes will become the de facto solution for CPG brands and retailers around the

Retail 299
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2023 Ecommerce Gift Guide Roundup

Fastr

From product categories to gift-finder quizzes, price ranges to digital catalogs, ecommerce gift guides are intended to simplify the holiday shopping process for those looking to purchase special somethings for everyone on their list. They're certainly common, but they're most definitely not all made equal.

Gifts 147
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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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Boosting Conversions: A how-to guide for enterprise retailers

Fabric

Happy Holidays from fabric! This season, don’t let your legacy monolithic tech stack land you on the naughty list. Modern commerce services can enrich the customer experience and get you on the nice list! Read on to learn how. With the hustle and bustle of the Cyber 5 shopping season still fresh in retailers’ mind, and as we enter the home stretch of this holiday season, it’s important to take a moment to reflect on what worked and what still needs improvement for the overall customer shop

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Costco workers at Virginia store unionize

RetailDive

The Teamsters represent 18,000 of the big-box retailer's workers, and last year secured a national agreement with improved pay and benefits.

More Trending

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Postscript SMS Aims for Best in Class

Practical eCommerce

Company president says focus on SMS for Shopify brands equates to market-leading performance. The post Postscript SMS Aims for Best in Class appeared first on Practical Ecommerce.

Shopify 103
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Hyperloop One Ends Dreams of High-Speed Travel

RetailWire

Known for its revolutionary idea of zipping humans through a vacuum at breakneck speeds, Hyperloop One has regrettably announced its closure.

Travel 116
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ESW Gender Pay Gap Report 2023

ESW

We are pleased to share ESW’s second Gender Pay Gap report, and are happy to announce an improvement in our overall gap versus 2022. Read the report below to understand the detail behind this improvement and the actions we are taking to build an inclusive culture that supports all our employees to reach their potential and have equal access to reward, recognition, and career opportunities at ESW.

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Nike unveils $2B cost-savings plan to drive growth, profitability

RetailDive

The retailer is streamlining the organization, simplifying its product portfolio, increasing automation and using scale to drive efficiencies.

Retail 115
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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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Nonfiction Writers Sue Microsoft and OpenAI for Alleged Copyright Violation

RetailWire

A lawsuit was filed against Microsoft and OpenAI alleging that the companies have instructed the AI chatbot ChatGPT to steal copyrighted material from nonfiction authors’ work.

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The Weekly Closeout: Ecco opens in SoHo and will Something Navy be sold for $1?

RetailDive

The footwear brand opened in New York City as it celebrates its 60th anniversary, while the blogger-founded apparel company reportedly will be sold.

Apparel 106
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Wayfair CEO Wants Employees To Work Longer Hours, Won’t Reward ‘Laziness’

RetailWire

The home goods CEO had some strong words for his employees in an end-of-year message.

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With Series A investment, Iris&Romeo to enter Sephora

RetailDive

The clean beauty brand received an investment from True Beauty Ventures, whose portfolio also includes BeautyStat, Caliray, Vacation and Dieux.

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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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Beating back marketer imposter syndrome

Funnel.io

Do you battle against feelings of self doubt when building your campaigns or analyzing data? Perhaps you feel as though you’ve accepted a role that you feel you are unqualified to hold, despite the qualifications on your resume. If so, you are far from alone.

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Unilever to acquire K18

RetailDive

The hair care brand, which was founded in 2020, takes a scientific approach to developing products.

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Exporting Rare-Earth Tech Stopped by China

RetailWire

China plans to restrict the export of certain rare-earth technologies, creating potential challenges for the U.S. and other Western nations to strengthen their supply of these strategic raw materials.

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Nordstrom continues off-price push with new Rack locations in 4 states next fall

RetailDive

The department store is betting on its lower-priced unit despite declines over the last several quarters.

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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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Essential Skills for Data Entry Beginners: A London Perspective

365 Retail

Data has become an essential component of many businesses — from shaping strategic decisions to enhancing operational efficiency. The need for qualified data entry experts is expanding as the dependence on decision-making driven by data grows. Whether you’re a real data entry pro or a newcomer wanting to get into the industry, refining the necessary abilities is critical for securing a position.

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Express enlists college football player Ethan Grunkemeyer for athlete ambassador program

RetailDive

Amid stubborn sales declines, the fashion retailer has broadened its style initiatives and is planning an international expansion.

Fashion 107
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Why Employee Engagement is Crucial for Digital Transformation Success

Digital Doughnut

Effective employee engagement campaigns can help improve the odds of successful digital transformation by more than two and a half times, according to a new study examining why 70 per cent of digital transformations fail to reach their objectives.

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Nautica launches smart eyewear collection in multi-year agreement

RetailDive

With the help of developer Innovative Eyewear, the line will feature eight sunglass styles with up to 12 hours of music listening in one charge.

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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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Christmas Day: The Stores That Are Open for Last-Minute Shopping

RetailWire

Are there any stores open on Christmas Day?

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Wolverine Worldwide appoints chief supply chain officer

RetailDive

In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.

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Tesla’s Battery Supplier Panasonic Halts Oklahoma Factory Plans

RetailWire

Panasonic Energy, Tesla's battery supplier, has chosen to forego its plans of establishing a battery factory in Oklahoma.

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Ikea warning of possible out-of-stocks amid Suez Canal crisis

RetailDive

The retailer said that it's prioritizing safety as it considers alternatives to the embattled route.

Retail 100
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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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Honda Motor Company Recalls Multiple Models and Years for Fuel Pump

RetailWire

A Honda Motor Company recall has been issued for over 2 million vehicles across several makes and models.

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Cummins Fined $1.6 Billion for Alleged Emissions Deception

RetailWire

Prominent truck engine manufacturer Cummins has agreed in principle to a $1.6 billion settlement.

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Federal Guidelines Tighten Hydrogen Power Development for Tax Credits

RetailWire

The White House released eagerly awaited guidelines that have established strict environmental standards for hydrogen power development to qualify for the federal tax credits under the 2022 Inflation Reduction Act (IRA).

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US Regulator Warns Consumers To Stop Using Doraemon Toy Magnets After 7 Deaths

RetailWire

A warning was sent out alerting consumers to immediately stop using the magnetic ball sets by the Chinese seller Doraemon.

Toys 45
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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.