Mon.Apr 29, 2024

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It’s Time To Be More Strategic About AI In Customer Service

Forrester eCommerce

Generative AI has topped the list of customer inquiries and conversations I have been having this year. No surprises there. Interestingly, at least half of them have been about AI in customer service and chatbots, virtual assistants and knowledge bots for customers, which seem top of mind for most customer service leaders.

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Unveiling the Power of Digital PR: A Blueprint for Retail Brands in the Relevance Era

Retail TouchPoints

The digital media landscape is ever-changing and, as such, it can be hard for time-poor marketers to keep up! Google is regularly updating its algorithm, (with nine in 2023 alone), not to mention the fact a cookieless future is looming. On top of that, competition between retail brands is fierce, intensified by economic struggles. As such, brands are increasingly battling against each other for lower CPCs and their target audience’s attention.

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Digital CX and Design Trends Worth Watching in 2024

Forrester eCommerce

Read on to explore Forrester's take on the top digital CX and design trends to watch for in 2024.

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GNC Debuts New Section Dedicated to Supporting GLP-1 Patients

Retail TouchPoints

Health retailer GNC has debuted a new store section , dedicated to helping individuals who are using GLP-1 medications like Ozempic to mitigate and manage the side effects of the powerful weight loss drugs. The new section will be featured in all of the retailer’s 2,300+ U.S. locations. As many as 130 million Americans currently live with a condition that could be treated with a GLP-1 agonist, and as many as 70 million Americans could be using the medication by 2028 , according to some estimates

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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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Apple Ushers In The Era Of Spatial Computing, Building On Computer Vision Advances

Forrester eCommerce

Devices like Apple’s Vision Pro use several technologies to mix the digital and physical worlds. One of them is computer vision (CV).

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Joann Ready to Reemerge from Bankruptcy as Private Company

Retail TouchPoints

Crafting retailer Joann expects to emerge from bankruptcy in the next few days, a little over one month after it first initiated a Chapter 11 restructuring plan on March 18, 2024. The U.S. Bankruptcy Court for the District of Delaware has approved the company’s reorganization and recapitalization plan, which includes commitments from its financial stakeholders and other parties for approximately $132 million in new financing.

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How AllSaints’ New App is Engaging its Most Loyal Customers to the Tune of 5X Higher  Conversion

Retail TouchPoints

Brand apps are a tough needle to thread. They offer the chance to deliver a better mobile experience, more deeply engage with customers and a touch point through which to gather additional intel on consumers’ behavior and preferences. On the other hand, it’s hard to get someone to download your app (as opposed to simply typing in your URL), and even if they do download, it’s not a sure thing that they’ll actually use it: the average smartphone has more than 80 apps downloaded, but the average pe

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Amazon Prime Announces It Has Faster Deliveries

RetailWire

Amazon reports that its Prime deliveries are now even speedier. With over 2 billion packages reaching customers in a day or less this year, the company claims its delivery system is picking up its pace.

Customer 111
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Ebay ‘Up & Running’ Grants Program Awards $500K to SMB Sellers

Retail TouchPoints

For the fifth year, Ebay is awarding $500,000 to small businesses with its Up & Running Grants program. The company will select 50 U.S.-based Ebay sellers that will each receive $10,000 grants to pay for tools and resources to grow their small businesses. Ebay also is offering each recipient $500 stipends that sellers can use to purchase educational courses and office technology through Ebay Refurbished.

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Lidl GB Announces Major Expansion with Plans for Hundreds of New Stores

365 Retail

In its landmark 30th year, Lidl GB is unveiling ambitious plans to open hundreds of new stores across the UK, a move set to create thousands of new jobs. This announcement follows a year of significant investment aimed at strengthening its operations infrastructure. Key developments over the past year include the opening of Lidl’s largest global warehouse in Luton, an extension of its Welsh distribution centre in Bridgend, and notable advancements in the expansion of its Belvedere warehouse, whi

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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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Starbucks, Workers United Make ‘Significant Progress’ in Contract Bargaining; Retailer Plans Series of Global Pop-Ups

Retail TouchPoints

Starbucks , once one of the country’s staunchest anti-union retailers, met with the Workers United union last week for collective bargaining discussions that yielded “significant progress.” The two- day session in Atlanta earlier this month will be followed by another in-person meeting in late May. In a joint statement, the retailer and the union said: “Over the course of the two days, we discussed a broad range of topics, including a shared commitment to mutual respect, the process to resolve g

Retail 262
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J. Jill to elevate customer service in some stores

RetailDive

The retailer’s multifaceted “One Wardrobe. No Limits” effort is based on research revealing women’s frustration with the clothes in their closets.

Clothing 115
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Urban Outfitters Launches New Platform for Vintage and Upcycled Apparel

Retail TouchPoints

Urban Outfitters has revamped its secondhand offerings into a new centralized Vintage + Remade hub, featuring a selection of vintage goods curated by the Urban team as well as used apparel that has been repaired and restored. Image courtesy Urban Outfitters The platform’s aim is to help Gen Z find unique used items “as thrift shops become flooded with fast fashion ecommerce brands,” according to a company statement.

Apparel 258
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Abandoned Carts Are an Opportunity

Practical eCommerce

What if shopping cart abandonment is normal, and the opportunity rests in treating folks who abandon as warm leads? The post Abandoned Carts Are an Opportunity appeared first on Practical Ecommerce.

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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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Emojiplanet Entertainment Centers Planned Across the U.S., Canada and China

Retail TouchPoints

The Emoji Company GmbH is partnering with UNIS Technology Ltd. on a new emoji-branded entertainment concept that brings retail and entertainment together. The venture into physical experiences will elevate the emoji brand’s already significant global presence, which is driven by a rights portfolio of 1,000 trademarks, more than 20,000 brand icons and designs and more than 1,400 licensing partners, including Burger King, L’Oréal and Puma.

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Fast-Food Chains in California Significantly Spike Prices on Menus

RetailWire

Restaurants in California are staying true to their word that menu prices would increase following the state's rise in the minimum wage for fast-food workers.

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Digital Perfect Store

Wiser

Creating the Perfect Store online merges the essence of physical retail success with digital sophistication to harness the burgeoning eCommerce wave. As traditional brick-and-mortar tactics evolve into eCommerce strategies, brands face the challenge of adapting to a retail landscape where the physical and digital merge seamlessly. What is the Perfect Store Online?

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New Ecommerce Tools: April 29, 2024

Practical eCommerce

This week: updates on drone deliveries, AI, social commerce, composable commerce, fulfillment, and cross-border payments. The post New Ecommerce Tools: April 29, 2024 appeared first on Practical Ecommerce.

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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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Fragrance brand Snif lands in all Ulta Beauty locations

RetailDive

After first forming a partnership with the beauty retailer last summer, the move expands the brand’s presence from 539 Ulta stores to more than 1,350.

Retail 111
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LVMH Is Creating Luxury Cityscapes Around Its Designer Stores

RetailWire

LVMH is transforming older neighborhoods worldwide into upscale plazas and shopping hubs.

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Toys R Us sets sights on UK expansion

RetailDive

Parent company WHP Global signed a long-term licensing deal with WHSmith as its exclusive shop-in-shop partner for the toy retailer in the United Kingdom.

Toys 106
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Moss Chooses Gloucester Quays for New Store Amidst Retail Expansion

365 Retail

Peel Retail & Leisure has revealed that Moss , a notable UK menswear retailer, has selected Gloucester Quays for its newest store location, which will open its doors on Saturday, 4th May 2024. This development is part of a series of enhancements at Gloucester Quays, which is marking its 15th anniversary with significant retail activities including the expansion of Skechers , a globally recognised lifestyle and athletic footwear brand.

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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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Skechers logs record Q1 sales amid wholesale revival

RetailDive

The company expects revenue to increase by up to 11% for the fiscal year, which an analyst called “a pleasant surprise.

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Shop price inflation eased further in April

TalkingRetail

Shop Price annual inflation eased to 0.8% in April, down from 1.3% in March with shop price annual growth at its lowest since December 2021, according to the BRC-Nielsen Shop Price Index. Non-Food entered deflation at -0.6% in April, down from 0.

Retail 64
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Estée Lauder CIO wants to bring AI to the forefront of beauty

RetailDive

The cosmetics giant is collaborating with Microsoft on an innovation lab that will help it explore generative AI applications across its brands.

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Express’s New Owner Brings Post-Bankruptcy Hope to Beleaguered Retailer

RetailWire

Express's bankruptcy filing earlier this month had analysts concerned about the popular clothing retailer's survival, but news about its new owner has given a glimmer of hope to both Wall Street and consumers alike.

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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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Allwyn aims to boost National Lottery ticket and scratchcard sales with gifting campaign

TalkingRetail

Allwyn is launching an overarching ‘Best Gift Ever’ campaign to encourage people to consider going in to stores to buy a physical National Lottery draw ticket or Scratchcard as the perfect present to include cards for family and friends.

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Redical Bolsters Leadership with Strategic Hires in Leeds and Romford

365 Retail

Redical, a real estate operator founded by Mikko Syrjanen and Petteri Barman, has expanded its senior leadership team with strategic new appointments. The company, known for its management of key UK shopping centres such as Victoria Leeds, The Liberty Romford, and Clayton Square in Liverpool, has appointed Rachel Bradburn and Oliver Lloyd as Leasing Directors for Victoria Leeds and The Liberty Romford, respectively.

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Booker launches new ‘Fit For The Future Guide’ for Londis and Budgens

TalkingRetail

Booker has launched its fifth edition of its 'Fit For The Future Guide' for Londis and Budgens. Identifying the best opportunities for retailers to grow sales, maximise profits and to help offset cost increases including the 10% increase to the national living wage.

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5 Amazing Educational Travel Adventures

365 Retail

Do you imagine making your coming holiday a learning journey? Going to different places around the globe can expand your knowledge beyond what just studying books in school offers. When you dive into various cultures, see old landmarks with your own eyes, and meet different kinds of nature, these are some methods by which travelling makes your knowledge of the world deeper.

Travel 57
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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.