Wed.Sep 04, 2024

article thumbnail

Reimagining Retail: Where Online Meets the High Street

Retail TouchPoints

Embracing the Evolution In an era when digital convenience often reigns supreme, physical stores face the challenge of declining foot traffic. Despite the undeniable appeal of online shopping, which offers unparalleled speed and convenience, brick-and-mortar stores still hold significant value for customers, providing tangible, sensory experiences and serving as community hubs that foster human connection.

Retail 264
article thumbnail

The First Forrester Wave™ Evaluation Of Revenue Orchestration Platforms Is Live

Forrester eCommerce

The Forrester Wave™: Revenue Orchestration Platforms, Q3 2024, provides a comprehensive market evaluation of the ROP category, highlighting how these platforms integrate sales engagement, conversation intelligence, and revenue operations to enhance frontline productivity and buyer interactions through AI capabilities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

554: Turn First-Time Buyers Into Lifelong Customers with These Strategies

My Wife Quit Her Job

In this episode, Toni and I dive into the strategies that successful businesses use to turn first-time buyers into loyal repeat customers. You’ll learn practical, no-nonsense tips for building stronger customer relationships and increasing repeat sales. Whether you’re just starting or looking to refine your approach, these insights will help you boost your bottom line and create lasting customer loyalty.

Customer 296
article thumbnail

15 Common B2B Customer Advisory Board Mistakes

Forrester eCommerce

Recently a client asked, “What are some common mistakes that vendors make when running partner or customer advisory boards?” They wanted to improve their advisory board experience and were looking for tactical help. Amy Bills and I collaborated to produce a list of common operational missteps, grouped into three categories.

B2B 284
article thumbnail

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.

article thumbnail

Next-Gen Retail: Crafting the Ultimate Omnichannel Journey

Retail TouchPoints

In today’s world, a stellar customer experience (CX) isn’t just a nice perk with which to provide customers — it’s table stakes. Consumer expectations are at an all-time high, and retailers need to ‘wow’ customers at every single touch point or risk losing them. Case in point: one study found that a staggering 76% of consumers will stop doing business with a company after just one poor experience.

article thumbnail

Key Insights And Recommendations From VMware Explore 2024

Forrester eCommerce

VMware Explore 2024 began with Broadcom CEO Hock Tan reannouncing a significant departure from the previous VMware direction (embracing hybrid cloud) to a singular focus on making private cloud a success. Much like hyperscalers deliver an integrated set of infrastructure services, Broadcom is targeting integrating compute, storage, and network resources.

More Trending

article thumbnail

European Banks See A Drop In CX Quality – Mirroring Global Trends

Forrester eCommerce

In 2024, European banks joined other regions and industries to see a significant drop – a worrying sign with grave business implications.

Banking 300
article thumbnail

Sloomoo Institute Makes West Coast Debut with ‘Awe-Inspiring’ Space

Retail TouchPoints

Sloomoo Institute , the ultimate slime museum, is opening its fifth location in the heart of Los Angeles, marking its first big move on the West Coast. The company’s highly immersive sensory experience is beloved in Atlanta, Chicago, Houston and New York City, but Co-founder and Co-CEO Karen Robinovitz believes this new location is the company’s most creatively innovative to date.

Travel 264
article thumbnail

Einstein Bros. Bagels Unveils New Fall Flavor Combo

RetailWire

Einstein Bros. Bagels is introducing a new seasonal offering, the "Fall Flavor Fling" Combo, starting today. The limited-time promotion features the Maplehouse Breakfast Sandwich, accompanied by a Twice-Baked Hash Brown and a Classic Cold Brew Coffee, all for $9.99.

article thumbnail

Nordstrom Family Members, Mexican Retailer Offer $3.76B to Take Retailer Private

Retail TouchPoints

Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El Puerto de Liverpool , to take the company private in a deal valued at $3.76 billion. The retailer’s board of directors confirmed that the group, led by Erik and Pete Nordstrom — currently CEO and President, respectively — have offered $23 per share in cash for all outstanding shares not currently owned by them, other family members or Liverpool.

Retail 263
article thumbnail

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.

article thumbnail

Walgreens sued by shareholder amid plummeting stock price

RetailDive

The company’s top directors — including CEO Tim Wentworth and CFO Manmohan Mahajan — allegedly breached their fiduciary duty by inflating Walgreens’ performance projections.

103
103
article thumbnail

Consumer Products Watchdog Calls for Investigation of Shein, Temu Business Practices

Retail TouchPoints

Two commissioners at the U.S. Consumer Product Safety Commission (CPSC) have called for an investigation into the operations of foreign-owned ecommerce sites, with Shein and Temu named specifically. Commissioners Peter Feldman and Douglas Dziak said in a statement that they are tasking CPSC staff with investigating “the companies’ safety and compliance controls; relationships with third-party sellers and consumers; and any representations they make when products are imported” to determine if the

Consumer 162
article thumbnail

Introduction: The Role of Similar or Like-Matching in Price Optimization

Wiser

In the world of price optimization, a business’s ability to accurately match products across platforms directly impacts its capacity to monitor and act on price intelligence. The better an organization is at finding and tracking the right product matches, the better its analysis, and eventual product positioning will be. Further, product matching isn’t just about identifying products; it directly influences price intelligence by improving the accuracy and relevance of the products you comp

article thumbnail

Nordstrom family group offers $3.8B to go private

RetailDive

CEO Erik Nordstrom and his brother, President Pete Nordstrom, have teamed up with other family members as well as retail conglomerate El Puerto de Liverpool.

Other 127
article thumbnail

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.

article thumbnail

Pentaleap and Home Depot Partner To Revolutionize Home Improvement Retail Advertising

RetailWire

Pentaleap Inc. has announced a strategic partnership with Orange Apron Media, The Home Depot’s retail media division.

article thumbnail

Rite Aid exits bankruptcy, sheds $2B in debt

RetailDive

Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.

116
116
article thumbnail

Bath and Body Works To Launch Generative AI Fragrance Finder

RetailWire

The use of this AI tool should elevate the brand when it comes to customer satisfaction.

Customer 110
article thumbnail

Temu and Shein packages are flooding delivery networks. Will the surge persist?

RetailDive

Parcel carriers are counting on the e-commerce companies to adapt to any potential de minimis changes, as many have come to rely on the added volume.

eCommerce 107
article thumbnail

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.

article thumbnail

Macy’s Set To Close 55 Stores by the End of 2024

RetailWire

Macy's continues its quest to close underperforming stores.

article thumbnail

Dollar Tree delivers weak Q2, cuts full-year guidance

RetailDive

Family Dollar customers are leaving for other stores like Walmart, according to analysts, as the banner shrinks its footprint.

Other 113
article thumbnail

Southwest Airlines Brings Back Companion Pass BOGO Promotion

RetailWire

Its BOGO time at Southwest, so pick the person you want to take that free flight with.

Travel 98
article thumbnail

While others falter, Dick’s stays strong with 8% sales growth

RetailDive

CEO Lauren Hobart said the retailer continues to thrive thanks to long-term investments in product assortment, customer experience and stores.

Other 98
article thumbnail

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.

article thumbnail

Spar South West’s FareShare partnership distributes equivalent of 32,000 meals

TalkingRetail

Spar South West’s primary distributor, Appleby Westward, is reporting an impact on the fight against food waste and hunger in its trading area thanks to its partnership with FareShare South West and Gregorys Logistics.

Retail 64
article thumbnail

Subway Launched These New Menu Items in Canada This Week

RetailWire

Subway has launched 10 new items on its menu in Canada.

article thumbnail

After a puzzling past few months, Foxtrot returns this week

RetailDive

The retailer, which abruptly ceased operations earlier this year, will reopen its store in Chicago’s Gold Coast neighborhood on Thursday.

article thumbnail

Advisory firm shares retail sector wishlist for the Autumn Budget

TalkingRetail

As chancellor Rachel Reeves prepares to deliver her first Autumn Budget to Parliament next month, retail businesses have been calling out for measures that provide stability and hence will be paying close attention to the likely outcomes of the announcement.

Retail 59
article thumbnail

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

article thumbnail

Costco Members Face Higher Annual Fees as Price Hike Takes Effect

RetailWire

To stay active, Costco Gold Star members will pay $5 more per year.

96
article thumbnail

Mango Opens New Store at Lakeside Shopping Centre as Part of UK Expansion

365 Retail

Lakeside Shopping Centre has announced the opening of a new Mango store, bringing one of Europe’s leading fashion retailers to the Essex shopping destination. The new 440-square-metre store is designed to embody Mango’s “New Med” concept, offering shoppers a Mediterranean-inspired retail experience that emphasises modern design and sustainability. The “New Med” concept, central to Mango ‘s latest store design, draws inspiration from the Mediterranean, blending traditional and natural mater

Fashion 57
article thumbnail

Amazon tech to automate 10 new campus c-stores

RetailDive

The company said it expects to put its technology in more stores in 2024 than in any year previously.

article thumbnail

Fenty Hair Launches Exclusively at Selfridges with Immersive Pop-Up Experience

365 Retail

Rihanna’s Fenty Hair has officially launched in the UK, marking its exclusive debut at Selfridges. Following a successful online release earlier this summer, Fenty Hair products are now available at Selfridges locations across London, Birmingham, and Manchester, as well as on Selfridges.com. To celebrate this launch, Fenty Hair has taken over Selfridges’ iconic Corner Shop, transforming it into “Mane Street” – a fully immersive experience designed to showcase the new product ra

Travel 57
article thumbnail

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.