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

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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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Zenni Optical Partners with Eyebot to Deploy Vision Testing Kiosks

Retail TouchPoints

Zenni Optical and Eyebot will deploy 10 Eyebot S1 kiosks, which provide rapid vision tests that take just 90 seconds , in high foot traffic locations to increase accessibility to eye care — particularly for those that face barriers to obtaining in-person vision tests. The first two kiosks are located at Boston-area malls; eight more will be deployed throughout New England in the coming weeks and into 2025.

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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.

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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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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

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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 124

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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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Bloomingdale’s Expands Small-Format Bloomie’s Concept with New Location in NJ

Retail TouchPoints

Bloomingdale’s will open its fourth small-format Bloomie’s store on Nov. 14, 2024, at The Grove Shopping Center in Shrewsbury, N.J., joining the three existing locations in Seattle; Fairfax, Va.; and greater Chicago. The newest Bloomie’s location will be the first to carry an all-women’s assortment , including a curated collection of contemporary ready-to-wear, accessories, beauty and fine jewelry.

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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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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

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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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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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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.

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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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How to Maximize In-Store Execution with Wiser’s Integrated Suite

Wiser

Managing in-store execution across a wide network of locations is no small feat. You’re responsible for ensuring shelves are stocked, promotions are properly executed, and that your brand remains competitive—all while reacting to fast-moving changes in the retail landscape. Wiser’s integrated suite helps bring all of these elements together in one platform, providing the tools and insights you need to stay on top of it all.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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).

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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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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.