Wed.Aug 28, 2024

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Consumer Spending Trends And What They Mean For Your Brand

Forrester eCommerce

My colleague Jitender Migliani and I have just published a report (Consumer Spending And The Economy Grow Despite Persistent Pessimism) based on the H2 2024 US macroeconomic trends and consumer behavior data that we’ve collected and analyzed.

Consumer 259
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Loblaws Pilots 3 Limited-Assortment ‘No Name’ Stores, Promises Significant Discounts

Retail TouchPoints

Loblaws will open three “No Name” stores in Ontario next month, offering up to 20% savings on a limited selection of 1,300 products, including pantry staples and household goods. The stores will have shorter operating hours, from 10 a.m. to 7 p.m., and will not offer dairy or fresh meat products because they will not have refrigerated cases. “Our goal is simple – providing food and essential household items across a limited range of national brands and no name brand products at our lowest possib

Banking 272
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AMD Acquisitions Focused On Strengthening AI

Forrester eCommerce

AMD’s acquisition of ZT Systems is the most recent of multiple acquisitions that are part of a strategic effort to strengthen end-to-end AI capabilities. It comes on the heels of acquisitions of Nod.ai (completed Oct 23) and SILO AI (completed Aug24). The acquisition of Nod.ai provided open-source AI software capabilities, while SILO.

Customer 273
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Why Gaming Communities Represent a ‘Tremendous Opportunity’ for Brands

Retail TouchPoints

The fastest-growing segment of entertainment isn’t movies, TV or even short-form video à la TikTok and YouTube — it’s gaming. In fact, more than one-third of the world’s population already regularly spends time playing video games, whether it be via traditional console games like Call of Duty , in virtual environments like Roblox and Fortnite , playing mobile games like Candy Crush or Wordle or simply watching other gamers play on platforms like Twitch.

Games 259
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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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Fraud Management in APAC: What’s New In 2024?

Forrester eCommerce

Much has changed since I last analyzed the fraud management landscape in Asia Pacific (APAC) back in 2022. The persistence of the digital era has transformed digital businesses, making fraud attacks ever-present. In fact, APAC is suffering more than most regions, with fraud attacks rate being above the global average.

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How to Win in the Routine Economy: Elevate the Everyday

Retail TouchPoints

As an elder millennial who is trying to do it all (and ideally hit my daily protein goal along the way), I’m not buying products — I’m buying a routine, predictability, and little moments to romanticize my life. In 2024, we’re living in what I like to call the Routine Economy, where shoppers are driven by the pursuit of the ultimate daily routine.

More Trending

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Ebay Plans ‘Pre-Loved’ Fashion Shows for New York, London Fashion Weeks

Retail TouchPoints

Ebay is launching a “Pre-Loved Fashion Week” in tandem with the upcoming New York and London fashion events that will feature a live, shoppable runway show of pre-owned designer looks. Developed in partnership with the Council of Fashion Designers of America (CFDA) and the British Fashion Council (BFC) , the inaugural Pre-Loved Fashion Week aims to demonstrate how easy it can be to find authentic pre-loved designer fashions on Ebay.

Fashion 229
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The Fed mourns the passing of ‘true retail pioneer’ Margaret Adams

TalkingRetail

With great sadness, the Fed has reported the sudden passing of its first ever female national president, Margaret Adams. Adams and her husband David owned a store in Largs, North Ayrshire for many years and joined what was then the NFRN in 1989.

Retail 105
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Disney+ Advertising Guide: Specs & Strategy Tips for Marketers

CPC Strategy

Streaming Disney+ Advertising Guide: Specs & Strategy Tips for Marketers By Emily Sullivan Aug 28 2024 When Disney+ launched in November 2019, it quickly became a dominant force in the streaming industry, capturing the attention of millions with its huge library of content. As the platform expanded, so did its subscriber base, reaching impressive growth milestones.

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Prime Day 2024 Insights & Prepping for Prime Big Deal Days 2024

ROI Revolution

With Amazon’s biggest sales event of the year over, many brands are wrapping up their Prime Day 2024 reporting and shifting their focus to prepare for Prime Big Deal Days 2024 and the start of the holiday season. But with the market shifting and recent changes in consumer behavior, it’s more vital than ever to understand how your Prime Day 2024 stacked up against the rest of the industry to best prepare your brand for Q4 success.

Events 78
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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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The Rise of Electronics Recommerce: Consumer Demand is Reshaping the Market 

ESW

Introduction In recent years, the consumer electronics market has witnessed a shift in buying patterns. More and more shoppers are gravitating towards refurbished electronics. Why the move towards electronics recommerce? Consumers are driven by a mix of economic, environmental and technological factors. This growing preference is not just a passing trend; it represents a fundamental change in how we think about and purchase electronic devices.

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Gen Z more likely to buy holiday gifts via social media: report

RetailDive

Instagram and Facebook are forecast to be the most popular platforms for gift purchases during the season.

Gifts 125
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Barnes & Noble Founder Leonard Riggio Dead at 83

RetailWire

Len Riggio died following a battle with Alzheimer's disease, according to his family.

Books 105
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Foot Locker to exit several international markets, move headquarters to Florida

RetailDive

Yet another cost-cutting and simplification effort will see the retailer exit South Korea, Denmark, Norway and Sweden by mid-2025, and switch its New York City base for one in St. Petersburg, Florida.

Marketing 102
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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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Lady Gaga’s Haus Labs Beauty Line Launches in Sephora at Kohl’s

RetailWire

Lady Gaga's Haus Labs products have made their debut at Sephora at Kohl's.

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Anniversary Sale, Rack propel Nordstrom’s Q2 sales

RetailDive

Strong regular-price sales also helped boost margins, but the retailer raised its guidance only slightly.

Retail 107
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Walmart Expands Marketplace Offerings and Fulfillment Solutions at 2024 Seller Summit

RetailWire

Walmart has announced a series of new initiatives at the Let’s Grow! 2024 Walmart Marketplace Seller Summit.

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Government scraps scheme that forced shoplifters to do community work

TalkingRetail

The government has decided to discontinue the 'immediate justice' scheme which saw shoplifters and antisocial behaviour offenders ordered to do unpaid work in their communities.

Retail 59
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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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Abercrombie & Fitch Reports Strong Earnings in Q2 and Increases 2024 Outlook

RetailWire

Despite strong results, Abercrombie & Fitch's CEO raises concerns about the economy.

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What lies ahead for Bonobos under new ownership

RetailDive

The DTC darling has changed hands several times over the past decade. Does that matter?

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Usher Brings Dave’s Hot Chicken to Atlanta With Grand Opening Celebration

RetailWire

Usher couldn't be more thrilled about his Dave's Hot Chicken collab.

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Building Audiences in AMC: Key Capabilities & Successful Examples

CPC Strategy

Amazon Building Audiences in AMC: Key Capabilities & Successful Examples By Tinuiti Team Aug 28 2024 In today’s data-driven marketing landscape, the ability to ask the right questions is paramount. Amazon Marketing Cloud (AMC) emerges as the magic 8-ball of advertising solutions, offering advertisers a robust platform for precise analytics and strategic decision-making.

Blog 78
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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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Amazon Announces First Disaster Relief Hub in Southern California

RetailWire

Amazon has unveiled its first U.S. Disaster Relief Hub at its Southern California fulfillment center to address the increasing threat of wildfires.

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Disney+ Advertising Guide: Specs & Strategy Tips for Marketers

CPC Strategy

Streaming Disney+ Advertising Guide: Specs & Strategy Tips for Marketers By Emily Sullivan Aug 28 2024 When Disney+ launched in November 2019, it quickly became a dominant force in the streaming industry, capturing the attention of millions with its huge library of content. As the platform expanded, so did its subscriber base, reaching impressive growth milestones.

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Frazzles and Chipsticks debut new look

TalkingRetail

PepsiCo has redesigned its Frazzles and Chipsticks ranges, including new pack designs across all formats. The new designs will also include increased pack sizes of its price-marked pack (PMP) and standard multipack formats across the Frazzles range, helping retailers offer more value to customers.

Retail 52
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Barnes & Noble founder Leonard Riggio dies at 83

RetailDive

Riggio created the nation’s largest network of big-box bookstores and co-founded what would later become GameStop.

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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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Hancocks reveals Halloween launches

TalkingRetail

Confectionery wholesaler Hancocks has unveiled its new seasonal confectionery range ahead of Halloween. New treats join some of last year’s top selling pick and mix, candy cups and novelty favourites.

Retail 52
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Full Rain POS Review: The Ultimate Guide 

Korona

Learn more about Rain POS with this in-depth review - pros, cons, ratings, and features, so you can decide if it's right for your business.

POS 52
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Vape retailer urges government to reject BMA call for restrictions

TalkingRetail

Evapo, the smoking cessation and specialist vaping retailer, has urged the government to reject the BMA's call for a vaping flavour ban and disposable vape restrictions.

Retail 52
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Amazon Fresh debuts 4 new stores

RetailDive

All of the locations offer smart grocery carts and Amazon One, the company’s palm-recognition technology.

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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.