Tue.Sep 12, 2023

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Amazon Continues Push Beyond its Own Ecosystem with Debut of ‘Supply Chain by Amazon’

Retail TouchPoints

The pandemic made “supply chain” a commonplace term, and now Amazon wants to make it a commonplace service. Ahead of its annual sellers’ conference, Amazon Accelerate , the tech giant announced the debut of a new suite of solutions for sellers called “Supply Chain by Amazon” (which we are assuming will be acronymized as “SCA” if history is any indicator).

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The Post-Purchase experience and its impact on customer loyalty

Tokinomo

Did you know that a new study from HubSpot showed that 55% of US and UK consumers mentioned that their brand loyalty is declining? During these challenging times, how can retailers and brands increase customer satisfaction and loyalty?

Consumer 264
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Good American Makes Good on its Brand Promise with Smart Fitting Room Tech

Retail TouchPoints

Shopping can be an emotional experience, and retailers hope that the emotions consumers feel are positive ones, like excitement at finding a bargain or satisfaction at filling a need. But apparel shopping, particularly for women, too often puts consumers into an emotional minefield — so much so that some female shoppers don’t even feel comfortable sharing their clothing sizes with sales associates.

Apparel 291
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Why luxury Aussie retailers are missing a major consumer segment

Inside Retail

Recent research has revealed that luxury Australia retailers aren’t doing enough to capture the attention of, and drive consumer spending by, migrants of Asian background and heritage. This is despite the enormous opportunities these communities present, with their willingness to purchase from brands that they trust. According to Bastion Insights, a strategy consultancy specialising in cross-cultural insights, luxury Australian retailers have – by and large – struggled to effectively engage with

Consumer 263
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Composable Commerce: Navigating Overlooked Transformation Challenges to Boost Business Agility

Retail TouchPoints

Retailers are waking up to the limitations of monolithic commerce stacks. These legacy models hinder one’s ability to be truly agile, which is particularly troublesome when considering the ever-emerging challenges of today’s commerce landscape. Sick of drawn-out development cycles and high costs, retailers want to transition to a composable commerce strategy.

Returns 278
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Premium fashion retail brands navigating changing tides in the retail landscape.

Retail Focus

Ghalia BOUSTANI. Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. The world of fashion retail is constantly evolving, and premium fashion retail brands find themselves at the forefront of this ever-changing landscape. While often confused with luxury brands, premium fashion retail brands have their unique attributes that set them apart.

Fashion 148

More Trending

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BREAKING: Poundland owner to acquire up to 71 Wilko stores

Retail Gazette

Poundland owner Pepco Group has agreed to take control of up to 71 Wilko store leases from administrator PwC in a new last-minute deal. The discount giant’s parent company said it expects to convert stores to the Poundland brand while offering roles for Wilko team members as it looks to continue its own transformation programme. Poundland boss Barry Williams said it recognised the last few weeks had been difficult for workers of the embattled retailer.

Shopping 137
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Macy’s Names International Department Store Veteran as New Bloomingdale’s CEO

Retail TouchPoints

Macy’s Inc. has named Olivier Bron as the new CEO of its luxury brand Bloomingdale’s. Bron, who is scheduled to start in early November, will replace the previous Bloomingdale’s CEO Tony Spring, who will be taking the reins of the parent company as President and CEO when Jeff Gennette retires in 2024. Olivier Bron Bron brings more than 20 years’ of retail experience, most recently as CEO of Central Group’s Central and Robinson Department Stores in Thailand.

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TikTok Shop launches in US

Retail Dive

Brands, merchants and creators can sell products directly through shoppable videos and livestream features.

Shopping 133
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Ebay Launches Luxury Consignment Service in Designer Handbag Category

Retail TouchPoints

Ebay has introduced Ebay consignment for luxury products, providing owners with direct access to expert sellers who will list and sell items on their behalf. The service is launching with designer handbags and will add other categories, including jewelry and watches, in 2024. The consignment partners will handle all components of the sale, from photography to pricing, to ensure the listing is competitive and professional.

Jewelry 263
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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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Asia apparel hubs face $65 billion export hit from extreme weather, study shows

Inside Retail

Extreme heat and flooding could erase US$65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. The study also mapped out the supply chains of six unidentified global apparel brands operating in the four countries studied — Bangladesh, Cambodia, Pakistan and Vietnam — and found all six would be hit materially.

Apparel 130
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Is the Container Store Trying to be the Next Bed Bath & Beyond?

Retail TouchPoints

Seeking to support expansion into what it terms “strategic growth categories,” The Container Store has launched its “Uncontained” campaign, focusing on direct-to-consumer (DTC) products in categories including dining, entertaining, home décor and textiles. The retailer anticipates that the program will add 1,000 new items to its assortment during this fiscal year, which ends March 30, 2024.

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TikTok launches online shopping in the US

Inside Retail

TikTok has officially rolled out its e-commerce business in the US after months of testing, according to a blog post on Tuesday, as its Chinese-owner ByteDance looks to capitalise on the popularity of the social media app. TikTok is bringing online shopping through a series of features on its main app and is hoping to replicate the success of Asian platforms Shein and PDD Holdings’ Temu.

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BJ’s Names New Chief Information Officer

Retail TouchPoints

BJ’s Wholesale Club has appointed Anjana Harve as EVP and CIO, effective immediately. In her new role, Harve will be responsible for the strategic leadership and direction of the company’s information technology organization to drive business outcomes, optimize revenue growth and improve operating efficiencies. Harve will report to Bob Eddy, the retailer’s Chairman and CEO.

Wholesale 261
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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.

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From crossbody bags to sneakers: gender-neutral fashion is here to stay

Inside Retail

New York Fashion Week is always a frenzied time when brands and buyers from around the world descend on New York City and the Spring/Summer collections are revealed. While some brands have decided to forgo the traditional fashion calendar, September is still the time when the latest trends are presented to the public. One trend that has steadily grown in popularity in recent years is gender neutral or unisex fashion.

Fashion 130
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Doing More Than Expected (Even When It’s Not in Your Job Description)

Hyken

As customers, we appreciate it when someone we’re doing business with does more than we expect. Even if we don’t consciously recognize it when it’s happening, the value of that “something extra” makes us enjoy the experience and want to come back. The same thing happens with employees inside an organization. You can usually find someone who seems to be doing more than expected – something that’s not in their job description.

Returns 129
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Iceland to sell groceries on Amazon

Retail Gazette

Amazon has introduced Iceland products to its website after the two businesses signed a deal. The frozen food specialist joins Co-op and Morrisons as a third-party supermarket partner on the ecommerce giant’s website. The items will initially only be available in some areas of Greater Manchester, before being launched elsewhere in the coming months.

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Heydude to pay $1.95M to settle FTC charges

Retail Dive

In addition to failing to cancel orders and provide refunds, the Federal Trade Commission said the brand suppressed negative product reviews.

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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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£90m Oxford Street revamp gets green light

Retail Gazette

Westminster council has signed off on the first stage of funding for the £90m overhaul of London’s Oxford Street. The council hopes the revamp will see the shopping district deliver a “world class offer and experience” after being flooded with American Candy and empty shop units, the Evening Standard reported. As part of its plans, the mile between Marble Arch and Tottenham Court will be redesigned with wider pavements and new additional crossings to help boost footfall along the street.

Shopping 122
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Shrink and Theft Losses Near $1 Billion at Lowe’s — Here’s How Much They’re Costing Other Retailers

Retail Wire

A CNBC analysis of several retailers reveals that inventory losses due to shrink and retail theft are generally only a small fraction of the retailers’ net sales. This is in stark contrast to other factors like excessive discounts and promotions, which exert more pressure on profit margins. While some companies, like Lowe’s, have disclosed significant.

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John Lewis boosts fashion offer as it eyes younger shoppers

Retail Gazette

John Lewis is introducing 20 new designers to its collections for autumn/winter 2023, in a bid to become the “leading high street name for mid-premium clothing” The move is part of the department store company’s strategy to build its market share with younger shoppers, including those in their thirties and forties, and increase the frequency of fashion spend.

Fashion 115
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Say Goodbye to Self-Serve Soft Drinks at McDonald’s

Retail Wire

McDonald’s is phasing out self-serve soda fountains in its dining rooms across the United States by 2032, citing a desire for a consistent experience across all ordering points. This move comes in response to factors like food safety, theft prevention, and a decline in dine-in customers. The new “crew pour” system, which uses automated beverage.

ATS 113
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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Dollar General braces for $95M profit hit as it clears inventory

Retail Dive

While it works to reduce stock levels, the discounter is also investing in new planning tools to help manage flows at stores and distribution centers.

Planning 113
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Oracle Revenue Misses Estimates as Tough Economy Hurts Cloud Spending

Retail Wire

Oracle’s first-quarter revenue fell slightly below market expectations, reaching $12.45 billion, as companies reduced spending on cloud services due to economic uncertainties. The shift in digitization plans following a surge in cloud spending during the pandemic has impacted Oracle’s position, especially against major competitors like Amazon Web Services and Microsoft.

Planning 113
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AI won't replace employees, it will make CX better

Retail Customer Experience

A panel at the Interactive Customer Experience Summit in Charlotte from Sept. 11 to 13 tackled AI head on and how its real benefit is to improve the customer experience, not replace humans.

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Macy’s taps international department store veteran as Bloomingdale’s CEO

Retail Dive

Olivier Bron, with stints at Central and Robinson Department Stores in Thailand and Galeries Lafayette in Paris, replaces longtime chief Tony Spring.

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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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How Dave's Hot Chicken wins with authenticity

Retail Customer Experience

Dave's Hot Chicken went from a parking lot pop-up to a fast casual juggernaut. The opening keynote at the Interactive Customer Experience Summit in Charlotte from Sept. 11 to 13 took a look at how the brand did it.

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Fenty x Puma returns with multi-year partnership

Retail Dive

The on-again, off-again collaboration is back with Rihanna as creative director for a new shoe with multiple future launches expected.

Returns 107
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4 reasons retailers should consider a managed service provider

Retail Customer Experience

Tim Tang offers up four ways an MSP can help a retailer do more with less as it strives to edge out the competition.

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The Human Element: People Skills in Inventory Management

Retail Smart Guys

When it comes to inventory management, it’s easy to get lost in spreadsheets, logistics, and technology. While these are undoubtedly crucial aspects of the process, we must not overlook the human element. People skills in inventory management play a pivotal role in ensuring the efficient flow of goods, maintaining team morale, and fostering strong customer relationships.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.