Thu.Oct 17, 2024

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Generative AI in a New Retail Era: 3 Areas to Focus on for Immediate Impact

Retail TouchPoints

According to Cognizant’s recent study with Oxford Economics, generative AI is expected to have a $1 trillion impact on the economy by 2032. In particular, generative AI is revolutionizing the shopping landscape to create more personalized and memorable experiences for consumers. As retailers come to terms with the boundless potential of generative AI, Cognizant has identified three key areas where this technology will make the most significant and immediate impact: commerce, marketing and custom

Retail 277
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How to Build a Winning B2B eCommerce Strategy

Groove

Introduction: Why a Strong B2B eCommerce Strategy is Essential The digital marketplace has made it easier for businesses to engage with leads and customers regardless of geographical location. However, it has also opened up the market, so businesses have to compete with other companies across the country and around the world for the attention of customers.

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Foot Locker Ups its Influencer Game with New Creator Platform, Chicago Bulls Partnership

Retail TouchPoints

Foot Locker is driving home is connection to sport culture with a series of new initiatives, including the debut of a platform to scale its creator marketing efforts and a multi-year partnership with the Chicago Bulls that will include events, in-store activations and behind-the-scenes content. Leveraging Creators to Connect with Sneakerheads In partnership with Impact.com , Foot Locker has launched Foot Locker Storefronts , a platform that helps connect qualified creators with the retailer in o

Games 263
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Board of Clients Book+Media list, 2024

Forrester eCommerce

Every year for the last 26 years, Forrester has convened its Board of Clients — a group of clients (pic to the left) who advise us on our strategy, new products, and research agenda.

Books 221
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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.

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Amazon Invests in 3 Nuclear Projects to Expand Renewable Energy Portfolio

Retail TouchPoints

Amazon has anchored a Series C-1 financing round of approximately $500 million in X-Energy Reactor Company , which manufactures advanced small nuclear reactors (SMRs). The companies are collaborating to bring more than five gigawatts of new power projects online by 2039; additionally, Amazon has signed deals for building SMRs with Washington State’s Energy Northwest and Virginia’s Dominion Energy.

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Inclusive Design Products 101 | Salsify

Salsify

From an ethical perspective, it’s clear that adopting an inclusive outlook is the right thing to do. What may surprise you, however, are the wide-ranging strategic advantages it can also provide your business.

eCommerce 119

More Trending

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Kohl’s adds digitally native cashmere brand Naadam to its assortment

RetailDive

The brand’s “Soft Collection,” which is its first designed for a mass channel, will land in 100 of the department store’s locations and online on Nov. 8.

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Ikea Shows Support for LGBTQ+ Community by Furnishing Resource Room at Howard U.

Retail TouchPoints

Bucking the mini-trend of brands moving away from diversity, equity and inclusion initiatives, Ikea has furnished a redesigned resource room for LGBTQ+ students at Howard University. The ribbon-cutting for the new space was held at the school’s Lavender Gala on Oct. 16, an event that honors the contributions of LGBTQ+ students and allies. “At Ikea, we believe in creating spaces where everyone feels welcome and valued,” said Ciannie Rodriquez, Equality, Diversity and Inclusion Manager at Ikea U.S

Events 147
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Tesla’s Optimus Robot Draws Criticism

RetailWire

At its recent "We, Robot" event, Tesla put on a show with its newly designed robotaxi and Optimus humanoid robot. Just days after, new information about Optimus has come to light, and skeptics are sharing their opinions online.

Events 105
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J.C. Penney’s holiday playbook: Deals, in-store experiences and Martha Stewart

RetailDive

The embattled department store is leaning into its successful “Really Big Deal Reveals” campaign and bringing back a nostalgic giveaway.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Amazon Enters the Nuclear Energy Arena

RetailWire

Amazon has signed agreements to advance nuclear energy projects as part of its strategy to meet rising energy demands and transition to carbon-free power.

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Macy’s to feature local businesses in holiday market at Herald Square

RetailDive

The department store will bring hot chocolate and other vendors to its iconic flagship, as it adds more newness to its own assortment.

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Wiser Use Case: How One Pure-Play Retailer Revolutionized Pricing Strategy

Wiser

The eCommerce landscape is fiercely competitive, and effective pricing strategies can make or break a retailer’s success. For one rapidly growing pure-play retailer, staying ahead of the competition meant rethinking their approach to pricing. Faced with challenges like inaccurate competitor matches and incomplete data from their previous solution, they turned to Wiser for a more robust solution – and it transformed their business.

Retail 78
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Consumers to shop at discount department stores this holiday

RetailDive

In response to higher costs, shoppers will spend more time looking for deals this season, according to an ICSC survey.

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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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New Ecommerce Tools: October 17, 2024

Practical eCommerce

New releases this week include tools for AI-powered shopping assistants, video creation, search engines, payment platforms, financing, and user-generated content. The post New Ecommerce Tools: October 17, 2024 appeared first on Practical Ecommerce.

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Google revamps shopping feature with AI-powered product curation

RetailDive

Upcoming features include AI-generated briefs, dynamic filters to narrow searches based on specific attributes and personalized feeds.

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Subway’s New Ghost Pepper Bread Raises the Heat of Its Most Iconic Sandwiches

RetailWire

Subway is upping its sandwich game by bringing the heat to its culinary creations with Ghost Pepper bread.

Games 105
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Budwieser Budvar new marketing campaign

TalkingRetail

Czech lager brand, Budweiser Budvar has unveiled a UK-wide marketing campaign to help drive increased awareness of the brand.

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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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ALDI Debuts Thanksgiving Day Bundle: $47 Meal for 10

RetailWire

ALDI is supporting its customers by allowing them to get a lot and spend a little this holiday season.

Customer 105
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iOS18 Mail Updates: What Email Marketers Need to Know

CPC Strategy

Email & SMS iOS18 Mail Updates: What Email Marketers Need to Know By Emily Sullivan Oct 17 2024 With the release of iOS18 , Apple is rolling out significant updates to its Mail app, set to change how users interact with their inboxes. Much like Gmail’s shift to a more organized inbox with tab categories, these updates are designed to help users better manage their email flow, prioritizing time-sensitive information and offering more control over inbox organization.

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Lay’s Brings Back ‘Do Us a Flavor’ Chip Contest With $1M Prize Pot

RetailWire

Get creative, win big money, and have your winning combination featured as a new potato chip flavor.

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The Role of AI in Transforming eCommerce

Digital Doughnut

The role of AI in transforming ecommerce is pretty significant. Learn about how AI enhances efficiency, customer satisfaction, and profitability in ecommerce.

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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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The McDonald’s McRib Is Back for a Limited Time. Here’s the History of This Popular Sandwich

RetailWire

McDonald's is bringing back the McRib, but there's a catch.

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Reiss Opens First South-West Outlet at Gloucester Quays

365 Retail

Reiss has opened its first-ever store in Gloucester, marking the retailer’s only outlet location in the South-West. The new 1,800 sq ft store, situated in Gloucester Quays , is located opposite The North Face and next to Skechers, reinforcing the outlet’s extensive roster of leading fashion brands. This new addition highlights Reiss’s commitment to providing high-quality, timeless collections, featuring its signature men’s, women’s, and children’s ready-to-wear clothing.

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‘Click-to-Cancel’ Rule Cracks Down on Unwanted Subscriptions

RetailWire

After years of complaints, the FTC has announced a click-to-cancel rule.

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Sephora to Open New Liverpool Store in Spring 2025

365 Retail

Sephora UK is set to continue its expansion across the country with the announcement of a new store opening in Liverpool ONE in Spring 2025. This latest addition follows the brand’s successful launches in the North-East, including stores in Newcastle’s Eldon Square and Gateshead Metrocentre. The Liverpool ONE store will be the eighth in Sephora UK’s growing physical portfolio.

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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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Arrests made after Essex convenience store robbery

TalkingRetail

Essex Police were called to a Best One shop on Canvey Island on Tuesday (15 October) after officers were told two men had entered the store and demanded cash, with one threatening staff with what appeared to be an airsoft gun (a replica weapon usually… This story continues at Arrests made after Essex convenience store robbery Or just read more coverage at Talking Retail

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Retail Insight Powers International Growth Plans With the Appointment of CRO, Richard Collins, and CFO, Peter Rooken-Smith

365 Retail

Retail Insight , the leading provider of store operations execution software, has announced two senior executive appointments to accelerate its international growth trajectory. Former senior sales leader at Buy Now Pay Later (BNPL) brand, Hokodo, Richard Collins joins as Chief Revenue Officer (CRO), while Peter Rooken-Smith is appointed as Chief Financial Officer (CFO).

Retail 62
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Jisp targets sustainable growth following strategic review

TalkingRetail

Jisp, the retail technology company which recently celebrated the three-year anniversary of its Scan & Save app, has announced that following a strategic review the business has launched a new long term growth plan to enable it “to scale sustainably for the future”.

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Inaugural Mayor’s Charity Ball Raises Over $600,000 for Delta Firefighters

Canadian Special Events

This past spring, the Delta Firefighters Charitable Society hosted the inaugural Mayor’s Charity Ball at the new Cascades Casino Delta. Led by Joel Woznikoski , the event was a great success, raising over $600,000 to support the Delta Firefighters Healthy Snack Program. This initiative, launched in 2021, ensures that nearly 1,500 local kids get the nutrition they need every day; fueling their learning, growth, and potential without the burden of hunger.

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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!