Thu.Feb 01, 2024

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From Culture to Customer Cultivation: How to Build an Experimentation Mindset for your Ecommerce Team and Brand

Fastr

In the past, “Digital Transformation” ruled the day for ecommerce businesses—it was the be all and end all for our industry and many others. But the digital transformation mindset no longer achieves what organizations need it to. In its place, ecommerce enterprises must adopt an attitude of experimentation and optimization.

eCommerce 147
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LLMs, Make Room For World Models

Forrester eCommerce

The industry is pushing LLMs hard to be the path forward to artificial general intelligence, but limits are on the horizon. World models may be an important alternative.

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Embracing the Future: Closed-Looped Measurement in the Cookieless Era

Retail TouchPoints

Marketers will soon need to strategically rethink their measurement methodologies. The imminent end of third-party cookies in the second half of 2024 presents significant challenges for anyone reliant on cookie-based tools for tracking, targeting and attribution. But changes may be seen earlier — Google started disabling cookies for 1% of users on Jan. 4, 2024 — so marketers must develop a new approach to measurement for a post-cookie world.

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Digital Trust Solutions Have Seen Increased Adoption And Innovation

Forrester eCommerce

The Digital Signature And Trust Solutions Landscape, Q1 2024, is live, reflecting our evaluation of key players and trends shaping the market. Vendors have demonstrated some curiosity and are tentatively exploring use cases more exciting than document signing.

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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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Adidas Will Sell Remaining Yeezy Stock at Cost

Retail TouchPoints

Adidas will sell off its remaining Yeezy inventory at cost rather than write it off at a loss, the company announced alongside its preliminary results for 2023. The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a profit, but a “significant amount” of the proceeds were slated to be donated to organizations that fight discrimination and hate.

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Trends in Shipping and Delivery Among Shoppers | Salsify

Salsify

Transparency and speed aren’t just bonus qualities in ecommerce shipping. They’re must-haves. Learn about these and other trends in shipping.

Shipping 144

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NRF 2024: Key Takeaways From Retail Thought Leaders

RetailMinded

Retail and 2024 are both in full swing, and both the year and commerce kicked off at the National Retail Federation in New York City in early January. This is always a vibrant, engaging and important whirlwind for me… and an experience I look forward to every year. After all, as a self-described retail geek, I get giddy when it comes to exploring the latest retail technology, exploring flagship stores that keep up with collective retail trends and discovering new resources that help fuel t

Retail 119
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Dollar General Invests in AI as it Doubles Down on Fresh Food Commitment  

Retail TouchPoints

Dollar General (DG) now offers fresh produce in more than 5,000 U.S. stores, giving the company more individual points of produce distribution than any other mass retailer or grocer in the country. DG stores that carry fresh produce are stocked with the top 20 produce items typically sold in traditional grocery stores, including tomatoes, onions, apples, strawberries, potatoes, sweet potatoes, lemons, limes and salad mixes.

Banking 242
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How Google Uses Keywords

Practical eCommerce

Search results in 2024 are driven by users' intent. Keywords are often the best indicator. The post How Google Uses Keywords appeared first on Practical Ecommerce.

eCommerce 122
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Retailers Look to AI as They Grapple with ‘Pricing Game of Chicken’

Retail TouchPoints

Even though inflation has been easing in recent months, a majority ( 70% ) of retail CFOs say they plan to raise prices in 2024 — although 60% said the price hikes would be slight rather than significant, according to the 2024 Retail CFO Outlook Survey from consulting firm BDO. In contrast, just over half ( 51% ) of respondents to last year’s survey said they would be raising prices in the coming year.

Games 217
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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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Fragile like a bomb: Why Carhartt’s new women’s line is making hard-working gear soft

RetailDive

That word doesn’t necessarily match the workwear brand’s rugged aesthetic, but it’s part of “a more concerted effort” to give working women what they want.

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Kirkland’s Secures $12M Term Loan to Fund Strategic Pivot

Retail TouchPoints

Kirkland’s has received $12 million from a global asset management firm to support its strategic repositioning efforts. Gordon Brothers provides short- and long-term capital and liquidity by lending against and investing in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually. The firm is providing Kirkland’s with a first-in last-out delayed draw term loan to support ongoing working capital needs as it continues its business transform

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30 Kentucky Educators Win the $1 Million Powerball Prize

RetailWire

A group of 30 educators from northern Kentucky recently won a $1 million Powerball prize. All hailing from the same school, the group, fondly nicknamed "The Jones 30," cashed in on a winning ticket recently.

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Introducing Smile Plus

Smile.io

We’ve been working on something exciting behind the scenes, and we’re excited to finally announce it today. Introducing Smile Plus , a new plan for high-volume brands looking to build customer loyalty effortlessly.  Smile is a top retention solution, trusted by thousands of the best brands on Shopify, like Polaroid, Liquid Death, Blume, Hush Puppies, Monos, and so many more.

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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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H&M CEO Steps Down After Fashion Group Rivals Take the Lead

RetailWire

The H&M CEO role has undergone a change of leadership. The reins of the Swedish fashion giant are now handed over to Daniel Ervér, a seasoned insider, taking over from Helena Helmersson.

Fashion 98
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Adidas plans to sell the rest of its Yeezy inventory ‘at least at cost’ this year

RetailDive

The company, which originally toyed with the idea of writing off all leftover merchandise from the failed partnership, has instead sold it off piece by piece.

Toys 108
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Global Voices Report: The German Ecommerce Market

ESW

When it comes to online shopping, the German ecommerce market remains strong. And while German shoppers are similar to those in other Western retail markets, there are a few differences that brands should be mindful of when entering the market. To identify and evaluate consumer preferences, ESW conducts an annual, large-scale survey of global ecommerce consumers.

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How retail is shaping up in 2024

RetailDive

Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.

Retail 118
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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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Adidas Plans To Sell Off Remaining Yeezy Inventory

RetailWire

Adidas has announced that it has opted to sell all of its remaining Yeezy inventory throughout 2024.

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Walmart introduces AR eyewear try-on tech

RetailDive

The retailer has been enhancing its optical operations and said it will have over 3,000 Vision Centers nationwide by the end of 2024.

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Post Office scandal: Fujitsu apologises; Bates derides govt compensation offer

TalkingRetail

Bosses at Fujitsu, the company responsible for the Horizon software at the heart of the Post Office scandal, have apologised to the wrongfully convicted Post Office workers and their families.

Retail 72
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Peloton to end co-branded college bike experiment

RetailDive

Less than six months after announcing a program with the University of Michigan, the brand will no longer release bikes in other school colors.

Other 104
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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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Deliveroo and Ann Summers Join Forces for Valentine’s Day Sexual Wellness Product Delivery

365 Retail

Deliveroo has announced a partnership with Ann Summers , introducing an on-demand delivery service for a selection of sexual wellness products, specifically timed for the upcoming Valentine’s Day. Initially, the collaboration will offer 15 top-selling items from Ann Summers to customers in select UK locations, including Brighton, Manchester, and parts of London such as Canning Town and Vauxhall.

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Crocs brand chief to retire, CFO steps up

RetailDive

Anne Mehlman, who had returned to Crocs five years ago, takes over from Michelle Poole, who is retiring.

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Climate Activist Greta Thunberg on Trial in London for Blocking Oil and Gas Conference

RetailWire

Climate activist Greta Thunberg went on trial on Feb. 1, 2024, for refusing to leave a protest that blocked an entrance to an oil and gas conference in London in the Fall of 2023.

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Cadbury launches ‘Great Retail Ideas Exchange’ with £25,000-worth of prizes

TalkingRetail

As part of its 200th anniversary celebrations this year, Cadbury is launching a competition for retailers to share their top tips with the chance to win £25,000-worth of prizes.

Retail 59
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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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Lawsuit Alleges 23andMe’s Data Breach Targeted Jewish and Chinese Users

RetailWire

In 2023, a data breach took place between May and September at 23andMe, the DNA testing company. It was recently found that specific users of Chinese or Ashkenazi Jewish descent were seemingly targeted in the breach.

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Making a Difference Locally reaches over 180,000 people in the UK

TalkingRetail

Nisa’s Making a Difference Locally (MADL) charity reached over 180,000 people in the UK throughout 2023 with 2,000 donations. Over £935,000 was donated through MADL to worthy community causes and charities across the UK.

Retail 59
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Elevate Software Completes Acquisition of Mi9 Retail

Mi9

FORT LAUDERDALE, FLORIDA, January 31 , 2024 – Elevate Software (“Elevate”) announced today that it has closed the acquisition of Mi9 Retail (“Mi9”). Mi9 is a leading provider of software solutions spanning merchandising, store operations, customer engagement, e-commerce, and business analytics for the Retail industry. “Through the process of getting to know the Mi9 staff and the relationships they have with their clients, I have constantly been amazed at the closeness.

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Deloitte reports shopper resilience as consumer confidence continues to rise

TalkingRetail

UK consumer confidence rose to the highest level in two years in Q4 2023, according to the latest Deloitte Consumer Tracker. Based on responses from 3,187 UK consumers aged 18+ between 29 December 2023 and 1 Jan 2024, consumer confidence rose three percentage points (+2.

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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.