Forrester eCommerce
FEBRUARY 23, 2024
Fintech is slouching towards ubiquity (see image below). As it does, fintech will evolve into a broadly held mindset in contrast to being defined as a type of company, a specific set of startups, a category of product types, or a series of new business models.
Retail TouchPoints
FEBRUARY 23, 2024
CVS Pharmacy has partnered with Grubhub to make thousands of beauty, household, wellness and convenience items available for delivery from its 6,000+ stores in 48 states. The companies are kicking off the relationship with a collection of Daylight Saving Essentials designed to address the grogginess that often follows the time change, which will take place this year on March 10.
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Forrester eCommerce
FEBRUARY 23, 2024
Thanks to genAI, the era of AI computing is upon us. Backed by decades of development and fueled by billions of dollars in language models, AI infrastructure, and AI-powered applications, technology is taking a massive leap forward.
Retail TouchPoints
FEBRUARY 23, 2024
Image courtesy Wonder Image courtesy Wonder Image courtesy Wonder Image courtesy Wonder Wonder , the food hall concept from entrepreneur and Jet.com founder Marc Lore, has opened a new location in a Quakertown, Penn., Walmart. This is the 11th Wonder storefront in the U.S., and the first in Pennsylvania. It also is Wonder’s first official partnership with a brick-and-mortar retailer.
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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.
Forrester eCommerce
FEBRUARY 23, 2024
The awe and wonder of genAI – instantly generating ad headlines, email copy, images for social posts, quality video, and more – is quickly fading as the complexities of adopting its capabilities into marketing workflows take center stage.
Retail TouchPoints
FEBRUARY 23, 2024
J.Crew has already gotten its feet wet in the circular economy, launching a resale program in partnership with its sister brand Madewell in January 2023. Now, the brand has partnered with SuperCircle for a swimwear takeback program focused on responsibly recycling swimwear that would otherwise end up in landfills. The “Second-Life Swim” program will be available both in J.Crew stores and online.
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Retail TouchPoints
FEBRUARY 23, 2024
Following its first livestream event last fall , discount shopping platform Shein is planning a second shoppable livestream event Sunday, Feb. 25 to showcase its spring and summer fashions. The three-hour “Shein Live: Front Row” event will begin at 12 p.m. PT on the company’s official channels on Facebook, X, YouTube and Instagram. Fans who want to shop the livestream can tune in on the Shein app for the exclusive shoppable experience.
Forrester eCommerce
FEBRUARY 23, 2024
On February 21, Google announced its new generative AI solution for productivity, Gemini for Google Workspace. Previously launched for enterprises as Duet AI for Workspace Enterprise, Gemini for Google Workspace Enterprise keeps the same pricing, at $30/user/month for unlimited usage.
Retail TouchPoints
FEBRUARY 23, 2024
Buzzfeed has sold youth culture media company Complex to livestream shopping platform NTWRK , which plans to use the acquisition to build a “next generation content and shopping experience.” The sale of Complex was part of a larger restructuring at Buzzfeed that also included the layoff of 16% of its workforce, as the company looks to find its way back toward profitability amid a challenging media climate.
Forrester eCommerce
FEBRUARY 23, 2024
The California attorney general’s office reached a settlement with DoorDash after the food delivery company sold customer data without proper notice or opt out controls. It got slapped with a measly $375,000 fine (for context, DoorDash’s stock price is $122 and change), but don’t brush this off as a one-and-done.
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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.
365 Retail
FEBRUARY 23, 2024
This month, the Office for National Statistics reported that the UK fell into a technical recession in the latter part of 2023. This recessionary environment will put SMEs under increasing amounts of pressure, as well as triggering interesting opportunities for those organisations who are readier and more equipped. Jijay Shen, General Manager, Europe, Alibaba.com Trading internationally is a key way to achieving growth, as it can significantly expand access to more customers and markets, diversi
Forrester eCommerce
FEBRUARY 23, 2024
I am happy to announce that my coverage area now includes Data Center Services, Infrastructure Outsourcing, and Semiconductors. This is in addition to my existing coverage of Technical Debt and Enterprise Architecture.
RetailDive
FEBRUARY 23, 2024
Krista Berger is the new senior vice president of Barbie and will lead the dolls division at the toy company. Meanwhile, the apparel conglomerate is reviewing its brand assets.
Forrester eCommerce
FEBRUARY 23, 2024
On February 21, 2024, Change Healthcare, one of the major pharmacy claims processors in the United States, detected a cybersecurity incident and took its systems offline, causing disruptions to pharmacies and medical providers across the country. UnitedHealth Group, its owner, immediately acknowledged this incident in an 8-K filing to the SEC on Feb. 21.
Speaker: Amanda Adams, Fractional CFO, CPA
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Practical eCommerce
FEBRUARY 23, 2024
Bryant Jaques is a serial CMO turned CEO of BuddyLove, a women's apparel brand suffering from a post-pandemic meltdown. The post Painful Decisions Greet First-time CEO appeared first on Practical Ecommerce.
Forrester eCommerce
FEBRUARY 23, 2024
We share some of the top retail commerce initiatives retail business pros will invest in for 2024.
Wiser
FEBRUARY 23, 2024
In a recent panel discussion hosted by Wiser Solutions, senior leaders at brand manufacturers and retailers shed light on the delicate interplay between direct-to-consumer (D2C) channels and traditional retail partnerships. The dialogue underscored the need for agility in pricing policies and the growing importance of location-based sensitivity when it comes to determining the right price point for different markets.
SheerID
FEBRUARY 23, 2024
Getting a gated offer in front of new audiences can be challenging. SheerID can help you find the right partner to meet your marketing goals.
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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.
RIS News
FEBRUARY 23, 2024
Newsweek has released its fourth annual ranking of America's Best Loyalty Programs. RIS breaks out the top 10 retailers to rank on this year’s look at loyalty.
Smile.io
FEBRUARY 23, 2024
A loyalty program can deliver a significant return on investment for your ecommerce business. But only if customers use it. For customers to actively engage with an online loyalty program, a few things have to be true: The rewards are motivating. The program is easy to use. Ensuring your rewards are motivating involves understanding your customers’ values, choosing an appropriate rewards program type , and offering rewards that align with both of those.
RetailDive
FEBRUARY 23, 2024
The Milk Makeup and Obagi parent company launched the seven-person council to help it identify industry trends to meet customer needs.
365 Retail
FEBRUARY 23, 2024
The high street in the UK stands as more than a mere hub for shopping; it’s a cornerstone of local economies, embodying community, culture, and commerce. Despite facing challenges, the high street’s significance as a community and economic staple is unwavering, symbolising not only a centre for transactions but also a space for communal engagement and belonging.
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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.
RetailWire
FEBRUARY 23, 2024
No cell service on Feb. 22, 2024? Krispy Kreme came to the rescue with a hot doughnut for affected customers.
RetailDive
FEBRUARY 23, 2024
The retailer’s vendors have already reported fulfilling Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
RetailWire
FEBRUARY 23, 2024
SpaceX is gearing up for its first Starship launch of 2024. Scheduled to take place within the next three weeks at its Starbase facility in South Texas, SpaceX is urging regulators to expedite the licensing process for its Starship flights.
Dynamic Action
FEBRUARY 23, 2024
Summary Despite its importance, putting the customer at the center of retail decisions remains a challenging task. A lack of customer-centricity can lead to decreased loyalty, higher churn, pricing issues, and overall profitability struggles. Utilizing a retail intelligence platform allows teams to break data silos, gain comprehensive insights, and adapt to changing consumer expectations.
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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
RetailDive
FEBRUARY 23, 2024
The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.
365 Retail
FEBRUARY 23, 2024
VPZ, the UK’s largest vaping retailer, has announced plans to expand its network by opening 23 new stores across the nation by the middle of 2024. This strategic growth will increase the company’s total to just under 200 stores, enhancing its mission to support individuals in quitting smoking and to address environmental concerns associated with vaping.
RetailWire
FEBRUARY 23, 2024
Prime Minister Anthony Albanese recently addressed concerns regarding supermarket pricing, acknowledging a troubling trend without resorting to drastic measures against Coles and Woolworths.
365 Retail
FEBRUARY 23, 2024
Sports Direct has inaugurated its fourth flagship store in Cardiff, Wales, marking a significant expansion into the Outdoor category. This move caters to a growing demographic of young outdoor enthusiasts and established communities keen on exploring the outdoors. The store aims to empower locals with the freedom to engage in outdoor activities, reflecting the increasing interest in outdoor adventures.
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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