Top Books for Cross-border Success
Practical eCommerce
JULY 17, 2024
Ecommerce connects global shoppers and affords merchants opportunities to sell across borders. The post Top Books for Cross-border Success appeared first on Practical Ecommerce.
Wed.Jul 17, 2024
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Walmart Canada Debuts No-Emissions Hydrogen Fuel Cell Trucks
Retail TouchPoints
JULY 17, 2024
Walmart Canada has taken another step on its journey toward operating a 100% alternatively powered truck fleet with the introduction of a hydrogen fuel cell-powered electric semi-truck. The Nikola Hydrogen Fuel Cell EV Class 8 tractor, which is already on the roads in Mississauga, Ontario, has a range of approximately 800 kilometers (just under 500 miles) and, on average, can avoid 97 metric tons of CO2 tailpipe emissions annually, according to the manufacturer.
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Amazon Just Declared War On Temu And Screwed All FBA Sellers
My Wife Quit Her Job
JULY 17, 2024
Amazon just announced that they are going to compete directly against Temu with a brand new low-cost option of unbranded goods shipped direct from China and Amazon FBA Sellers are in trouble. Basically, Amazon is going to offer the exact same service that Temu does, selling cheap generic Chinese products that take about 7-11 days to be delivered to the US directly from China.
Whole Foods Expands Food Waste Reduction Efforts with New App Integration
Retail TouchPoints
JULY 17, 2024
Whole Foods Market has announced a nationwide partnership with Too Good To Go , a marketplace dedicated to finding distribution channels for surplus food. Whole Foods customers can now purchase “surprise bags” of surplus food items from more than 450 stores across the U.S. through the Too Good to Go app. The partnership will help Whole Foods reach its goal of cutting food waste in half by 2030.
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.
Walmart Sells Out To China And Betrays US Sellers To Fight Temu
My Wife Quit Her Job
JULY 17, 2024
Not too long ago, Walmart used to only allow American based companies to sell on its third-party marketplace, even if those companies were sourcing their goods from China. But due to pressure from Amazon, Temu and Shein, Walmart officially opened up its marketplace to international sellers in 2021. And within just one year, a whole slew of Chinese language websites starting popping up out of nowhere teaching Chinese sellers how to sell on Walmart.
Advanced Brand Tracking Ramps Up Data-Driven Marketing for M.M.LaFleur
Retail TouchPoints
JULY 17, 2024
As a female-founded womenswear brand, M.M.LaFleur knew its target audience was changing. Following COVID lockdowns and the massive shift toward remote and hybrid work scenarios, the brand’s founder and leadership team realized they had to evolve its product set and marketing positioning in order to maintain relevance. Sarah LaFleur started the brand in 2013 to provide functional, comfortable yet stylish workwear for the modern woman.
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Roku, Walgreens and the Future of CTV: Shoppable Ad Experiences
Retail TouchPoints
JULY 17, 2024
Walgreens Advertising Group (WAG) is making good use of one of its most valuable assets: a treasure trove of first-party data from the broader organization. As the official retail media network for the drugstore chain, WAG makes all decisions, and designs its core offerings, based on customer insights. “Everything we do really starts with insights,” explained Katie Vogt, Senior Director of Client Success at WAG during a session at the Retail Innovation Conference & Expo this past June.
Charts: Outlook of Gen Zs and Millennials 2024
Practical eCommerce
JULY 17, 2024
Deloitte surveyed nearly 23,000 Gen Zs and Millennials in 44 countries. Here are their views on the economy, environment, and more. The post Charts: Outlook of Gen Zs and Millennials 2024 appeared first on Practical Ecommerce.
The Body Shop to be Sold to Investment Consortium
Retail TouchPoints
JULY 17, 2024
Administrators of The Body Shop have entered into an “exclusivity agreement” for the sale of the company to a consortium led by asset manager Auréa Group , with a management team to be led by the former CEO of British fragrance brand Molton Brown , Charles Denton. Following a due diligence period, the purchasers’ plan is to complete the deal in the coming weeks, according to a joint statement from both parties.
Spirit Airlines Struggles To Gain Momentum
RetailWire
JULY 17, 2024
Spirit Airlines forecasts a wider quarterly loss due to revenue falling short of expectations, projecting an adjusted loss of $160 to $173 million for the quarter ending June 30.
eCommerce in 2025: How Customer Experience Drives Online Retail Success
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Champs Taps Top Athletes to Help Customers ‘Excel in the Sport of Life’
Retail TouchPoints
JULY 17, 2024
Champs Sports , a subsidiary of Foot Locker , has unveiled a new brand positioning — “Sport For Life” — to mark “a new era” for the brand and celebrate the connection between sports and everyday life. Inspired by consumer insights, the Sport For Life brand platform aims to capture the resilience, determination and camaraderie that sports instill, as well as how lessons learned from sports equip us to navigate life’s challenges and triumphs.
US online retail sales to reach $1.2 trillion this year: report
RetailDive
JULY 17, 2024
E-commerce is “maturing” and returning to “pre-pandemic normalcy” as it continues to capture market share, according to FTI Consulting.
Whole Foods Announces Second Small-Format NYC Location: Hell’s Kitchen
Retail TouchPoints
JULY 17, 2024
Amazon -owned Whole Foods Market celebrated the 20th anniversary of its first New York City store by ringing the Nasdaq opening bell and announcing the location of its second small-format store planned for the city. The 2004 opening of the Columbus Circle Whole Foods flagship store marked a major step in the company’s expansion into New York; now the retailer has 17 locations and 5,000 team members in the city.
Five Below CEO Joel Anderson resigns
RetailDive
JULY 17, 2024
The executive left “to pursue other interests” and will be replaced by COO Ken Bull in the interim. The discount retailer also cut its Q2 guidance.
Pricing for Profit: How to Set, Negotiate, and Succeed
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
AV-CANADA
Canadian Special Events
JULY 17, 2024
AV-CANADA: Partnering in Corporate Event Excellence AV-CANADA, with over 30 years of experience in live events, is a leader in the industry by delivering innovative, customized solutions that consistently exceed client expectations. Their dedication to providing top-tier audiovisual and production services makes them the go-to choice for corporate event planners aiming to create memorable and impactful events.
Rodan and Fields announces new business model, cuts 100 jobs
RetailDive
JULY 17, 2024
The hair and skin care brand is moving away from a multi-level marketing model and is reconfiguring its corporate structure.
In-N-Out Burger Proposed Expansion: What We Know
RetailWire
JULY 17, 2024
In-N-Out Burger has announced plans to expand to several locations throughout the United States.
Champs Sports launches brand platform as it works to reposition itself
RetailDive
JULY 17, 2024
As part of the effort, the retailer partnered with the Dallas Cowboys’ Micah Parsons, New York Mets’ Francisco Lindor and Miami Dolphins’ Jaylen Waddle.
4 Best Practices for Ensuring Success in International Markets Ahead of Peak Season
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The opportunity for e-commerce merchants in international markets is immense. Data indicates that when international options are available at checkout, merchants see up to 20-60% higher cart conversion and a 128% higher gross merchandise value (GMV) than domestic orders. However, while the opportunities are significant, so are the risks. Without careful planning and strategic partnerships, merchants may face challenges, including high shipping costs, complex customs regulations, and unexpected p
Georges Elhedery Appointed as CEO for HSBC Group Starting This September
RetailWire
JULY 17, 2024
HSBC has named Georges Elhedery as its new group chief executive officer, with his tenure commencing on Sept. 2.
Adidas raises guidance again as Q2 sales surge 9%
RetailDive
JULY 17, 2024
Even without Yeezy, the activewear giant’s sales are trending strongly in the right direction as styles like the Samba gain renewed steam.
Elon Musk Announces SpaceX and X Will Move to Texas
RetailWire
JULY 17, 2024
Elon Musk announced that SpaceX and X will move their headquarters from California to Texas.
Chubbies signs branded license deal with Team USA, Olympic Heritage
RetailDive
JULY 17, 2024
The multi-year collaboration includes an initial Paris 2024 themed collection with additional capsules to drop later this summer.
A Blueprint for B2B Commerce
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In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.
Amazon Prime Day Increases Amount of Worker Injuries
RetailWire
JULY 17, 2024
A Senate probe found that Amazon's Prime Day significantly contributed to worker injuries.
DIRTEA Pop-Up Opens at Selfridges London
365 Retail
JULY 17, 2024
DIRTEA, known for its pure and potent functional mushroom coffee, matcha, and cacao products, has launched a pop-up at Selfridges in London. This pop-up highlights DIRTEA’s growing commercial partnership with Selfridges and introduces Selfridges as the exclusive retail partner for DIRTEA Gummies nationwide. The pop-up, located in the Feel Good Bar on G at Selfridges London, opened on 10th June and will run until September.
Microsoft Fires a DEI Team, Team Lead Claims Diversity Is ‘No Longer Business Critical’
RetailWire
JULY 17, 2024
An email from a Microsoft team lead has gone viral.
The Body Shop acquired out of UK administration
RetailDive
JULY 17, 2024
Investors including Auréa Group, whose portfolio is centered on DTC beauty brands, will acquire the decades-old retailer for an undisclosed amount.
Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.
The Mirage Casino in Las Vegas Officially Closes
RetailWire
JULY 17, 2024
The legendary Las Vegas resort will make way for a new hotel in the same spot.
Merchants Are Spending 332 Hours Each Year On “Overwhelming” Admin
RetailMinded
JULY 17, 2024
A recent study by Brightpearl by Sage reveals that the average retail business spends more than 300 hours each year on manual admin tasks, significantly impacting productivity and employee well-being. Polling over 1,000 businesses, the study found that US merchants dedicate 6 hours and 24 minutes weekly on manual admin tasks, 27 hours and 44 minutes per month, and 332 hours per year.
Five Below CEO To Step Down
RetailWire
JULY 17, 2024
Joel Anderson will be replaced, effective immediately.
Sol De Janeiro’s Delicia Drench Launch: A Sensory Extravaganza by The Concierge Club
Canadian Special Events
JULY 17, 2024
“Working with Sol De Janeiro for the Delicia Drench launch was a dream come true” — Monica Gomez, Founder & CEO, The Concierge Club Toronto’s premier event marketing firm, The Concierge Club, orchestrated yet another triumphant brand activation event for the luminary in Brazilian beauty, Sol De Janeiro, with their Delicia Drench product launch.
How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success
Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global
In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!
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