Practical eCommerce
FEBRUARY 5, 2024
Digital transformation has spawned many new businesses and remade others. Identifying and monitoring competitors has never been more critical. ChatGPT can help identify and analyze direct and indirect competitors, including those. The post ChatGPT Prompts for Competitor Analysis appeared first on Practical Ecommerce.
Forrester eCommerce
FEBRUARY 5, 2024
In 2023 global cloud vendors all came up with their own digital sovereignty solution to address rising concerns from their customers. However, when I ask customers and vendors to define what digital sovereignty means for them, silence is the most common response.
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Retail TouchPoints
FEBRUARY 5, 2024
Ingka Group , parent company of Ikea Retail, has debuted an AI-powered home design inspiration and shopping tool on the OpenAI GPT Store. Consumers can use ChatGPT to describe their specific home design needs and receive customized recommendations, for example, “Show me a cozy living room layout for a small apartment with the use of sustainable materials.
Forrester eCommerce
FEBRUARY 5, 2024
We’re now accepting nominations for our Technology Strategy Impact and Enterprise Architecture Awards across the NA, EMEA, and APAC regions. Learn more about the awards and how to apply in this post.
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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.
Retail TouchPoints
FEBRUARY 5, 2024
Retail media networks (RMNs) have taken the digital ad world by storm over the last few years. The ability to monetize your website(s) as a media network offers a new, welcomed revenue stream in a highly competitive and ever-evolving commerce landscape. As the RMN market is projected to surpass $100 billion in coming years, it’s no surprise that RMNs have been sprouting across various sectors, from hospitality and finance to conventional retail.
Forrester eCommerce
FEBRUARY 5, 2024
Organizations are constantly seeking ways to gain a competitive edge by transforming data into actionable insights through analytics. However, achieving analytical success goes beyond just collecting large volumes of data and building dashboards.
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Forrester eCommerce
FEBRUARY 5, 2024
Check out new Forrester research on how to build, improve, repair, or elevate your relationship with your technology counterparts.
Retail TouchPoints
FEBRUARY 5, 2024
Fashion brand Lulus has opened its first bridal boutique in Los Angeles, creating an experience designed to support brides throughout their entire experience — from engagement to honeymoon. The boutique, which opened Feb. 1, 2024, is in a specially designed space on the upper level of the Lulus on Melrose retail store, offering a curated selection of bridal gowns, bridesmaids’ dresses, bridal accessories and shoes.
RetailWire
FEBRUARY 5, 2024
According to Federal Reserve Chair Jerome Powell, the time is nearing when interest rates will decrease. However, Americans need to wait just a little bit longer as the central bank wrestles with inflation.
Retail TouchPoints
FEBRUARY 5, 2024
New Balance and Anthropologie have both announced new initiatives to enhance ongoing sustainability efforts: New Balance is now accepting and selling secondhand shoes in the U.S., while Anthropologie is bringing denim recycling to its stores year-round. New Balance Debuts ‘Reconsidered’ Program To launch its new Reconsidered resale program, New Balance has teamed up with resale tech platform Archive for its branded online experience and Tersus Solutions for the cleaning, fulfillment and warehous
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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 5, 2024
Scheduled for the 27th and 28th of February at ExCeL London, the Smart Retail Tech Expo is the UK’s leading expo for bringing digital innovation into the retail sector. The event is set to transform the venue into a central hub for retail technology, offering the latest developments to help businesses transition into the new digital era of retail.
Retail TouchPoints
FEBRUARY 5, 2024
M.M.LaFleur is bringing back one of the positive elements of the 2020 elections, its Ready to Run program, which provides apparel — and now styling advice — to female political candidates. More than 1,000 women applied for the 2020 program, with the retailer lending clothes to more than 275 women running for positions from City Council to Congress. Among those participants, 183 got their names on ballots for that year’s election.
TalkingRetail
FEBRUARY 5, 2024
Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate its growth strategy in convenience and put it firmly on track to reach 1,000 UK stores in total for the first time.
Retail TouchPoints
FEBRUARY 5, 2024
Culture has a profound influence on commerce. How we buy, why we buy and where we buy is driven by how we live and the cultural moments that shape our communities. This is a foundational theme for this year’s Retail Innovation Conference & Expo, which is why we’re thrilled to introduce our keynote speaker: Dr.
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.
TalkingRetail
FEBRUARY 5, 2024
The minimum price of alcoholic drinks is Scotland could rise by 30% from May. The measures put forward by Scottish government ministers are aimed at controlling alcohol-related deaths and hospitalisations.
RIS News
FEBRUARY 5, 2024
The company announced it would be rolling out a new artificial intelligence assistant for shopping called Rufus – one of many AI-driven projects and initiatives Amazon says it has in the works.
Practical eCommerce
FEBRUARY 5, 2024
Google Ads offers seven YouTube campaign subtypes, ranging from reaching users while browsing to driving conversions. The post Understanding YouTube Campaign Types appeared first on Practical Ecommerce.
RetailDive
FEBRUARY 5, 2024
Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike.
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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 5, 2024
Two major retailers, Tractor Supply and Walmart, have seen significant growth from their reworked store strategies, and are doubling down on efforts as we move further into 2024.
RetailWire
FEBRUARY 5, 2024
The parent ad business of Facebook, Meta, is thriving again, while AI gives more sufficient support to its rise in capital spending.
RIS News
FEBRUARY 5, 2024
The store-within-a-store (SWAS) retail model is quickly gaining traction, with major retailers like Target and Lowe's dedicating a small portion of their physical spaces for smaller brands to set up a shop or display.
RetailDive
FEBRUARY 5, 2024
2024 will be a year of innovation in retail and AI is at the forefront.
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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.
RIS News
FEBRUARY 5, 2024
Timed with the Apple Vision Pro release, retailers have been unveiling new applications for visionOS. RIS News gives a rundown of the first retailer and consumer goods companies to launch apps in the new visionOS App Store.
RetailDive
FEBRUARY 5, 2024
To coincide with the launch of a new prescription hair growth treatment, the brand is running a 1980s-themed campaign called “Follicle Fitness.
RetailWire
FEBRUARY 5, 2024
In an elaborate scam, a multinational firm's finance professional was outwitted into transferring a staggering $25 million to fraudsters. The criminals posed as the company's top financial officer and other staff members, using deepfake technology, according to Hong Kong police.
RetailDive
FEBRUARY 5, 2024
After retailers cut back on inventory levels last year, the footwear giant's CFO said he expects things to turn around in 2024.
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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
365 Retail
FEBRUARY 5, 2024
Despite 2023 being hailed as the year of the Artificial Intelligence (AI) hype-curve, UK shoppers are clear that AI can never replace human interaction. Nearly three quarters (74%) of consumers believe no matter how good AI becomes at improving customer experience (CX), there will always be a role for human interaction in retail, according to new research from the Retail Technology Show (RTS) , the industry’s leading event taking place on 24 & 25 April 2024 at London’s Olympia.
RetailDive
FEBRUARY 5, 2024
As winter weather continues, stores are challenged to ensure proper waste and recycling processes.
365 Retail
FEBRUARY 5, 2024
Asda has announced a landmark expansion plan to open 110 Asda Express convenience stores across the UK in February, marking a significant step in its strategy to enhance its convenience sector presence and reach a total of 1,000 stores nationwide for the first time. This ambitious project involves converting 109 former convenience stores, acquired from the Co-op and EG Group, into Asda Express outlets, alongside one additional store opening organically.
RetailWire
FEBRUARY 5, 2024
McDonald's has announced the nationwide rollout of its revamped "Best Burger.
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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