Wed.Sep 04, 2024

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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 236
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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.

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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 240
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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 265
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How To Drive Retail Results With Integrated Tech And UX Design

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

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Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

Retail TouchPoints

Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The chain now has a smaller store footprint of approximately 1,300 stores , down from 2,100 prior to the retailer’s October 2023 bankruptcy. As part of this new chapter the retailer has named CFO Matt Schroeder as its new CEO, succeeding Jeffrey Stein, who has stepped down as CEO and Chief Restructuring Officer.

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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

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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 284
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Just Walk Out Technology Scores at Football Stadiums and on College Campuses

Retail TouchPoints

Amazon ’s Just Walk Out (JWO) cashierless technology has found a welcoming home in sports stadiums, a trend that will continue this fall, with a total of 14 new stores joining those already in place at Lumen Field in Seattle and Commanders Field outside Washington, D.C., as well as Baltimore’s first JWO store at M&T Bank Stadium. In May 2023 events venues including Six Flags also began using the JWO technology.

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Forrester’s 2024 Technology Strategy Impact Award Winners

Forrester eCommerce

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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 225
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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

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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.

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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
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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.

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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 104
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4 Best Practices for Ensuring Success in International Markets Ahead of Peak Season

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

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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

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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.

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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.

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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 128
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A Blueprint for B2B Commerce

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.

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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
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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 94
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Macy’s Set To Close 55 Stores by the End of 2024

RetailWire

Macy's continues its quest to close underperforming stores.

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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 96
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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.

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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
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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.

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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
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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.

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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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Subway Launched These New Menu Items in Canada This Week

RetailWire

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

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Bath & Body Works’ semi-annual sale ‘fell short of our expectations’

RetailDive

As a result, the company is evaluating its approach to the event, including the timing, marketing and messaging.

Events 85
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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
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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 59
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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision