Thu.Jun 13, 2024

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Ecommerce in Brazil: Growth Despite Hurdles

Practical eCommerce

Retail ecommerce revenue in Latin America's largest economy doubled from 2018 to 2023, yet regulatory barriers and weak infrastructure remain. The post Ecommerce in Brazil: Growth Despite Hurdles appeared first on Practical Ecommerce.

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Vietnam: Navigating Business and Technology Priorities for 2024

Forrester eCommerce

Looking ahead to 2024, Vietnam’s economic prospects are bright. The country’s GDP is expected to grow significantly, fueled by robust international trade and supportive government policies. Against this positive backdrop, Forrester anticipates a substantial increase (+10.4%) in tech spending in Vietnam for the year 2024.

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Really, Truly Fake: The RealReal ‘Opens’ Counterfeit Handbag Store on Canal Street

Retail TouchPoints

The RealReal makes a concerted effort to keep counterfeit luxury items off the market, removing approximately 5,000 fakes each month (a total of 250,000 since 2011). So what are these faux handbags doing in a RealReal retail store located on NYC’s Canal Street, a notorious knockoff hub? The answer is simple: the fakes, identified by The RealReal’s stringent authentication process, are decidedly not for sale (“hours” listed on the store’s window indicate it is closed Monday through Sunday).

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Introducing FastSpring’s Expanded Apple Pay Features

FastSpring

We are thrilled to announce the expansion of our Apple Pay capabilities, available now to your buyers using FastSpring for purchases on your website or web shop on Safari, Chrome for iOS, and Mac. Tailor-made for businesses selling in-game currencies or in-app items or subscriptions within the Apple ecosystem, this update from FastSpring allows you to offer a seamless, fast, and secure payment option to your customers, enhancing the overall shopping experience and driving more sales through decr

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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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After Declining Amex, Ebay to Begin Accepting Venmo

Retail TouchPoints

Ebay has drawn a line in the sand when it comes to payments. After very publicly announcing last week that it would no longer accept American Express due to “unacceptably high fees,” today the online marketplace said it will be adding Venmo as a payment option in the U.S. as part of a “continued push to expand ways to pay and invest in digital natives.

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fsBuilds: Increase Conversions in Your Customer Portal with APIs and Embedded Experiences (Video)

FastSpring

About this series: fs Builds features developer-built projects showing step-by-step examples, code snippets, and advice on how to approach building with FastSpring. The goal of this series is to not only help you build with FastSpring, but also to inspire you with new and unique ways to leverage FastSpring’s systems to best serve your company. As always, our support and sales engineering specialists are available to help if you need assistance along the way.

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J.C. Penney closing 4 stores in coming months

RetailDive

The department store remains profitable, though net income plummeted nearly 90% last year and sales continued to slide.

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Poshmark Turns Livestreams into Community Selling Events with New Live Posh Parties

Retail TouchPoints

Poshmark has introduced Posh Party Live , daily events that will each be merchandised to a unique theme such as summer neutrals or luxury goods. Taking place daily at 2 p.m. Pacific, the new offering brings together the platform’s Posh Shows seller livestreams with its popular Posh Parties feature, which allow any seller to share listings that fit within a given theme.

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Meta To Reduce VP Positions in Continued Restructuring Effort

RetailWire

Meta Platforms is reportedly making further reductions in its executive ranks, with plans to decrease the number of vice president positions from 300 to approximately 250.

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Albertsons’ Retail Media Network Aims to Streamline CTV Advertising with new Collective TV Offering

Retail TouchPoints

Albertsons Media Collective , the retail media arm of Albertsons Companies , has debuted Collective TV, a new solution designed to “unlock the combined value of retail media and TV.” The offering brings together a variety of connected TV (CTV) ad serving and measurement solutions, along with Albertsons Media Collective’s shopper data and insights, into a single platform from which advertisers can execute a wide range of CTV initiatives.

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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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Details of 2025 disposable vape ban confirmed by Scottish government

TalkingRetail

The Scottish government has published its response to the consultation on details surrounding the introduction of a ban on disposable vaping products, set to come into force in April 2025.

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Why HOKA Raced to Midtown for its First Global Flagship

Retail TouchPoints

Initially a cult classic among runners and exercise fiends, HOKA is now undeniably a mainstream phenomenon. In fact, HOKA parent company Deckers revealed in its Q4 and results for fiscal 2024, which ended March 31, 2024, that the brand’s net sales for the quarter increased 34% year over year, while its full fiscal year net sales increased 27.9% over 2023 , reaching $1.8 billion.

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fsBuilds: Improve Authorization and Conversion Rates in Countries Across the Globe (Video)

FastSpring

About this series: fs Builds features developer-built projects showing step-by-step examples, code snippets, and advice on how to approach building with FastSpring. The goal of this series is to not only help you build with FastSpring, but also to inspire you with new and unique ways to leverage FastSpring’s systems to best serve your company. As always, our support and sales engineering specialists are available to help if you need assistance along the way.

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Harps Food Launches In-Store Retail Media via Grocery TV Network

Retail TouchPoints

Arkansas-based grocer Harps Food Stores is adding its 145 stores to the Grocery TV in-store retail media network. Harps will leverage Grocery TV’s end-to-end in-store retail media solution to engage shoppers with digital displays throughout its stores in Arkansas, Kansas, Louisiana, Missouri, Mississippi and Oklahoma. The Harps team also will be using Grocery TV’s Content Management System to launch and track in-store digital campaigns in order to increase the visibility of marketin

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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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fsBuilds: How to Use FastSpring within a React Single Page Application (Video)

FastSpring

About this series: fs Builds features developer-built projects showing step-by-step examples, code snippets, and advice on how to approach building with FastSpring. The goal of this series is to not only help you build with FastSpring, but also to inspire you with new and unique ways to leverage FastSpring’s systems to best serve your company. As always, our support and sales engineering specialists are available to help if you need assistance along the way.

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The Search Game: Leveraging Share of Search on the Digital Shelf for eCommerce Dominance

Wiser

In today’s fiercely competitive e-commerce landscape, visibility is everything. If your product isn’t easily found by consumers, it might as well not exist. This is where the concept of “share of search” comes into play. Share of search refers to the proportion of searches for your product or brand compared to the total searches for a given keyword on a retailer website.

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Adults account for more toy sales than preschoolers: report

RetailDive

Nearly half of shoppers over the age of 18 purchased a toy for themselves in the past year, according to a report by Circana.

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How to Advertise Your Business on Facebook

Korona

Learn how to advertise your business on Facebook and connect your online store with your brick-and-mortar retail POS system.

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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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Revolve Group opens first physical store

RetailDive

The Aspen, Colorado, location comes after a successful pop-up shop and will feature collections from both Revolve and Fwrd.

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Starbucks Adds Combo Meals to Its Menu

RetailWire

The coffee retailer is taking a significant step to make breakfast more affordable for its customers.

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Figs taps Lululemon exec for CFO

RetailDive

Sarah Oughtred spent almost 17 years at the activewear brand, where she helped scale the business from $270 million in revenue to about $10 billion.

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Johnson & Johnson Reaches $700 Million Talc Settlement

RetailWire

The company reportedly misled consumers about the safety of its talcum powder products.

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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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How retailers can fight theft without hurting customer experience

RetailDive

Locked cases drive potential customers to online alternatives. Helpful associates assist customers while inconveniencing crooks.

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Get Your Ad Strategy in Shape For a Summer of Sport

Digital Doughnut

From the UEFA European Football Championship to the Paris Olympics, UK media companies and advertisers are limbering up for a super summer of sport. Below, we share three tips to get both on the podium this season. But first, let’s look at what they’re playing for.

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Denmark Recalls South Korean Instant Noodles for Being Too Spicy

RetailWire

This ramen product could cause acute poisoning in some consumers.

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Euro 2024 to kick off extra consumer spending

TalkingRetail

England and Scotland’s Euro 2024 exploits are likely to net retailers a vital spending boost. After weak retail sales growth in May of just 0.7%, a new poll of 2,000 UK shoppers suggests that the nations' love of football will translate into additional purchases.

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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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Chick-fil-A’s Summer Camp for Kids Sparks Debate in Louisiana

RetailWire

A Chick-fil-A franchise in Hammond, Louisiana, has sparked a mixture of intrigue and controversy with its new offering: Chick-fil-A Summer Camp for children.

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How AI and IoT Are Shaping Consumer Electronics in 2024

IntelligenceNode

The consumer electronics landscape is rapidly evolving, driven by a mix of innovation, changing consumer preferences, and technological advancements. Reports show that this year, 78.3% of total consumer electronics sales. The post How AI and IoT Are Shaping Consumer Electronics in 2024 appeared first on Blog.

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Elon Musk’s Optimism on $56 Billion Pay Vote Sends Tesla Shares Up

RetailWire

Tesla's stock saw a boost in pre-market trading following Elon Musk's statement that shareholders are likely to approve his $56 billion disputed package and his proposal to relocate the electric carmaker's incorporation to Texas.

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Webinar Recap: Yielding Higher ROI on Retail Execution in 2024

RepslyBlog

2024 brings with it a breath of fresh air for CPG and Retail Service organizations. As inflation settles down and retail sales start to climb back up, CPG leaders are feeling much more confident than they have in recent years and are actively refocusing on execution at the shelf. They’re eager to make this year a success by investing more in retail execution technology—a trend we reported on in detail in our 2024 Retail Outlook Report.

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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.