Wed.Nov 22, 2023

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VMware Customers: Brace For Impact

Forrester eCommerce

October 30, 2023 came and passed — the date that marked the end of Broadcom’s fiscal year and the promised close for its $61 billion VMware acquisition. In anticipation of that timing, VMware shareholders were given until October 23 to decide whether to accept Broadcom shares at $142.

Customer 468
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Wine Insiders Taps the Power of Gifting to Attract New Customers

Retail TouchPoints

At a time when customer acquisition costs are going through the roof, DTC wine brand Wine Insiders has seen a 151% increase in net-new customer acquisition in a single quarter through its partnership with gifting platform Nift Networks. Wine Insiders, which was recently acquired by Full Glass Wine Co. , began working with Nift to find new customer acquisition channels, in an industry where marketing is already made complex by varied state alcohol regulations.

Gifts 278
Insiders

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Evolving B2B Marketing Mindsets

Forrester eCommerce

Marketing has become a strategic function in driving revenue growth for B2B companies, but to continue improving, marketing leaders must challenge long-held beliefs and retool their mindsets to embrace the evolving customer lifecycle and complex buying journeys. Let’s explore the ingrained mindsets that B2B marketing leaders must abandon to evolve and thrive.

B2B 446
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Transforming Holiday Marketing in CPG Retail with Generative AI

Retail TouchPoints

In today’s rapidly evolving retail landscape, generative AI is the latest technology transforming the way retailers reach and engage shoppers. Getty Images’ VisualGPS consumer survey finds that 79% of Americans are excited about the potential of using AI to increase productivity, and a study by SAP Emarsys confirms that so far, 77% of consumers enjoy the personalized shopping recommendations that this new technology enables.

Marketing 264
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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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NVIDIA Faces An Army Of Opponents That Might Include You

Forrester eCommerce

At Forrester, we are industry analysts, not financial analysts, but in our profession, we need to look at tech company finances as part of our vendor viability assessment. The company we’ll highlight today is NVIDIA. NVIDIA Is On A Roll NVIDIA is a great company led by the brilliant and charismatic CEO Jensen Huang.

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Walmart Debuts In-Store Parcel Stations to Speed Delivery

Retail TouchPoints

Walmart has introduced parcel stations — essentially mini “post offices” designed to streamline stores’ receiving and delivering of orders — and will have them operating in more than 40 stores by the end of 2023. Many are operating now, in time for the holiday season, and Walmart plans to expand the stations to additional stores next year. “Today we have over 4,000 stores operating as delivery hubs, fulfilling and delivering a variety of different order types,” wrote Jennifer McKeehan, SVP, Tran

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fsBuilds: Offload Payment Processing to FastSpring While Still Using An Existing Application for Distributing Software (Video)

FastSpring

There are an infinite number of ways you can integrate FastSpring into your applications and systems in order to offload complexity and help drive success for your SaaS, software, video game, or digital product business. To help you understand exactly how FastSpring enables developers with specific types of builds, FastSpring has launched our new “fs Builds ” content series featuring developer-built content showing detailed steps, code examples, and advice on how each developer approached a spec

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ISE 2024 is ‘Your Destination for Innovation’ in Pro AV and Systems Integration

365 Retail

Integrated Systems Europe (ISE) will return to Barcelona (30 January – 2 February 2024) as the most comprehensive exhibition for the pro AV and systems integration sectors and is set to raise the bar once again. Mike Blackman, Managing Director, Integrated Systems Events said, “Without a doubt, ISE is ‘Your Destination for Innovation’, and we will prove that this is not just a claim.

Workshop 109
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Dick’s sales rise 3%, buoyed by strong back-to-school season

RetailDive

It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors.

Events 124
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How Much Money Do You Actually Need to Start Your Amazon FBA Business

Algopix

In the ever-evolving landscape of e-commerce, entrepreneurs are increasingly drawn to the opportunities presented by Amazon FBA (Fulfillment by Amazon). As the e-commerce giant continues to dominate the market, many aspiring sellers wonder about the capital required to venture into the world of Amazon FBA successfully. This comprehensive guide aims to provide not just answers but an in-depth exploration of the nuanced costs associated with initiating and sustaining a thriving Amazon FBA business

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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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Charts: U.S. Retail Ecommerce Sales Q3 2023

Practical eCommerce

Per the U.S. Department of Commerce, Q3 domestic retail ecommerce sales grew 2.3% over the prior quarter, representing 15.6% of total retail. The post Charts: U.S. Retail Ecommerce Sales Q3 2023 appeared first on Practical Ecommerce.

eCommerce 105
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Florida Judge Accuses Tesla of Knowing About Flawed Autopilot Tech

RetailWire

A judge in Florida has ruled that there's reason to believe that Tesla's executive team knew about potential flaws in the company's self-driving technology.

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Nordstrom pushes Rack expansion as full-line fleet contracts

RetailDive

Analysts question the emerging dependence on an off-price business that is struggling to compete in an otherwise thriving segment.

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Thanksgiving Retail: Who’s Open and Who’s Closed?

RetailWire

While most retailers are known for extending their hours to accommodate the holiday rush, Thanksgiving Day itself often sees a mix of open and closed doors.

Retail 105
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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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Exclusive: The Home Depot’s Andrew Fritts Shares How Computer Vision Is Wrapping up Holiday Prep

RIS News

Technology Senior Director at The Home Depot tells RIS why computer vision is set to "transform inventory management" and how the tech is helping store associates prep and stock stores for the holiday rush.

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How To Avoid Online Scams While Holiday Shopping

RetailWire

Online shopping can be a minefield during both Black Friday and Cyber Monday. Here's how to keep your personal information safe while making holiday purchases.

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Men’s skin care brand Disco shuts down amid bankruptcy

RetailDive

The company filed for Chapter 7 bankruptcy last week after its debt provider foreclosed on it, according to a LinkedIn post from founder Benjamin Smith.

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Walmart to Elevate Sourcing With Tech-Powered ESP Platform

RIS News

Walmart is looking to streamline its sourcing processes by tapping into an enterprise platform that leverages technology to bring together disparate systems and improve collaboration with its supplier partners.

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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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Retail industry warns of minimum wage increase impact

TalkingRetail

Ahead of today’s (22 November) Autumn Statement, the government confirmed changes to the National Living Wage and National Minimum Wage with the announcement that the headline rate of the National Living Wage will rise to £11.44 per hour in April 2024. In response, the Association of Convenience Stores (ACS) has warned about the affordability of.

Retail 83
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Ford Trims Investment and Job Output in Marshall Battery Plant

RetailWire

Ford is scaling back its initial investment in its proposed EV battery facility in Marshall, Michigan.

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How Will a Cutback on Shopper Spending from Gen Z and Millenials Impact the State of Returns this Holiday Season?

RIS News

It’s important to personalize your returns — in other words, giving returns the same care and attention you give to every interaction shoppers have with your brand.

Other 84
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Salt Life continues brick-and-mortar expansion with Virginia store opening next month

RetailDive

With this new location, the apparel brand will have opened seven stores in 2023, bringing its total to 28.

Apparel 119
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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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Building (and Keeping!) The Retail Dream Team

RIS News

In this infographic, delve into next-generation workforce strategies that will not only help in recruiting top retail talent but also ensure team members stay committed and motivated.

Retail 64
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Kim Kardashian’s firm acquires minority stake in Truff

RetailDive

The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.

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Chancellor announces further 75% retail business rates freeze

TalkingRetail

During today’s Autumn Statement, the chancellor Jeremy Hunt announced an extension to the small business multiplier freeze and business rates discount. Speaking about small businesses, Hunt said: “The biggest frustration is the tax they pay before making a profit, not least business rates. “We have frozen the tax rates for the last three years and.

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Wilson opens store in Mall of America

RetailDive

The new 2,600-square-foot store is Wilson’s eighth location since 2021 and first in the region.

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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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Autumn Statement gets mixed response from retail industry

TalkingRetail

In addition to the 75% business rates freeze, other relevant measures to retail in today’s Autumn Statement include: Alcohol duties, including beer, wine, cider and spirits, will be frozen until 1 August next year Employee National Insurance rate cut from 12% to 10% from 6 January 2024 Local authorities will be able to recover full.

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Microsoft CTO Will Match Compensation for Hired OpenAI Employees

RetailWire

Microsoft's CTO Kevin Scott has extended a lifeline to any OpenAI employees who are considering resigning after the abrupt departure of CEO Sam Altman.

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Nisa announces new director of retail and sales

TalkingRetail

Nisa managing director Peter Batt has appointed Katie Secretan onto his senior leadership team as director of sales and retail, to help drive and implement its long-term business plans. Joining from her most recent role as retail transformation director at the Post Office, Secretan will be responsible for setting the strategic direction to deliver against.

Retail 52
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USPS Operation Santa Letter Adoption in Full Swing

RetailWire

In the spirit of the holiday season, the U.S. Postal Service has announced the early launch of its annual Operation Santa letter adoption program.

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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.