Thu.Oct 17, 2024

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Wiser Use Case: How One Pure-Play Retailer Revolutionized Pricing Strategy

Wiser

The eCommerce landscape is fiercely competitive, and effective pricing strategies can make or break a retailer’s success. For one rapidly growing pure-play retailer, staying ahead of the competition meant rethinking their approach to pricing. Faced with challenges like inaccurate competitor matches and incomplete data from their previous solution, they turned to Wiser for a more robust solution – and it transformed their business.

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Harvey Norman loses Asic case over misleading finance claims

Inside Retail

The Federal Court has ruled that Harvey Norman, along with Latitude Finance Australia, made false and misleading financial claims in a national advertising campaign. The campaign, which ran from January 2020 to August 2021, was for a 60-month interest-free and no-deposit payment method. Customers were required to take out a credit card, such as the Latitude Go Mastercard, to purchase goods.

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Generative AI in a New Retail Era: 3 Areas to Focus on for Immediate Impact

Retail TouchPoints

According to Cognizant’s recent study with Oxford Economics, generative AI is expected to have a $1 trillion impact on the economy by 2032. In particular, generative AI is revolutionizing the shopping landscape to create more personalized and memorable experiences for consumers. As retailers come to terms with the boundless potential of generative AI, Cognizant has identified three key areas where this technology will make the most significant and immediate impact: commerce, marketing and custom

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Amazon Enters the Nuclear Energy Arena

Retail Wire

Amazon has signed agreements to advance nuclear energy projects as part of its strategy to meet rising energy demands and transition to carbon-free power.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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BP unveils its new convenience store format 

Inside Retail

BP has unveiled its renovation at Caboolture North, its largest service station in Australia, with the goal of providing better experiences for drivers. Caboolture North’s renovation is part of BP’s national effort to refurbish more than 400 company-owned sites across Australia. The project demonstrates the style and design of refurbishments to come.

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The McDonald’s McRib Is Back for a Limited Time. Here’s the History of This Popular Sandwich

Retail Wire

McDonald's is bringing back the McRib, but there's a catch.

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More Trending

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ALDI Debuts Thanksgiving Day Bundle: $47 Meal for 10

Retail Wire

ALDI is supporting its customers by allowing them to get a lot and spend a little this holiday season.

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Zenni Optical Partners with Eyebot to Deploy Vision Testing Kiosks

Retail TouchPoints

Zenni Optical and Eyebot will deploy 10 Eyebot S1 kiosks, which provide rapid vision tests that take just 90 seconds , in high foot traffic locations to increase accessibility to eye care — particularly for those that face barriers to obtaining in-person vision tests. The first two kiosks are located at Boston-area malls; eight more will be deployed throughout New England in the coming weeks and into 2025.

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Subway’s New Ghost Pepper Bread Raises the Heat of Its Most Iconic Sandwiches

Retail Wire

Subway is upping its sandwich game by bringing the heat to its culinary creations with Ghost Pepper bread.

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Foot Locker Ups its Influencer Game with New Creator Platform, Chicago Bulls Partnership

Retail TouchPoints

Foot Locker is driving home is connection to sport culture with a series of new initiatives, including the debut of a platform to scale its creator marketing efforts and a multi-year partnership with the Chicago Bulls that will include events, in-store activations and behind-the-scenes content. Leveraging Creators to Connect with Sneakerheads In partnership with Impact.com , Foot Locker has launched Foot Locker Storefronts , a platform that helps connect qualified creators with the retailer in o

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

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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Lay’s Brings Back ‘Do Us a Flavor’ Chip Contest With $1M Prize Pot

Retail Wire

Get creative, win big money, and have your winning combination featured as a new potato chip flavor.

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RM Williams opens third UK store in Marlow

Inside Retail

RM Williams has opened its third UK store in Marlow, Buckinghamshire, the company’s first store outside Australia since 2017. The store joins RM Williams’ existing locations in London’s New Bond Street and Berwick Street, Soho.  Another UK store will open in Cambridge in December. The luxury footwear and accessories retailer has partnered with British artisans Timberwoolf, Morgan, Eclipse Manufacturing, and Rush Matters for the furniture and window plinths of the new Marlow sto

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Tesla’s Optimus Robot Draws Criticism

Retail Wire

At its recent "We, Robot" event, Tesla put on a show with its newly designed robotaxi and Optimus humanoid robot. Just days after, new information about Optimus has come to light, and skeptics are sharing their opinions online.

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J Crew, Macy’s discuss customer data, product mix at Shoptalk Fall day two

Inside Retail

The second day of ​​Shoptalk Fall was just as lively and enlightening as day one of the conference. Running from October 16-18, the retail event in Chicago has attracted big players in the retail industry, including, J Crew’s chief information officer Danielle Schelkin, Walmart’s EVP of fashion and private brands Denise Incandela, Macy’s SVP of private brands Emily Erusha-Hilleque, True Religion’s CMO Kristen D’arcy and Pinterest’s vice president of global business marketing Stacy Ma

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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‘Click-to-Cancel’ Rule Cracks Down on Unwanted Subscriptions

Retail Wire

After years of complaints, the FTC has announced a click-to-cancel rule.

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Modern Fashion House, REISS, opens debut South-West Store at Gloucester Quays

Retail Focus

Peel Retail & Leisure has announced that attainable-luxury fashion brand, Reiss, has opened a store at Gloucester Quays. As its first-ever store in the city, and only outlet in the South-West, the popular retailer joins the top 10 UK outlet’s extensive roster of leading fashion brands. Reiss’s Gloucester Quays store has opened opposite The North Face and next to Skechers, occupying 1,800 sq ft.

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Robinhood’s Legend Designed for Sophisticated Stock Traders

Retail Wire

Robinhood's Legend platform will hopefully attract investors looking to trade options and futures.

Marketing 147
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Retail Insight powers international growth plans with the appointment of CRO, Richard Collins, and CFO, Peter Rooken-Smith

Retail Focus

Retail Insight , the leading provider of store operations execution software, has announced two senior executive appointments to accelerate its international growth trajectory. Former senior sales leader at Buy Now Pay Later (BNPL) brand, Hokodo, Richard Collins joins as Chief Revenue Officer (CRO), while Peter Rooken-Smith is appointed as Chief Financial Officer (CFO).

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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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Lufthansa Fined $4 Million by DOT for ‘Discrimination’ Against Jewish Passengers

Retail Wire

Lufthansa had to pay a record fine.

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JB Hi-Fi, Home Timber & Hardware and the case for staying the creative course

Inside Retail

Brand creative often falls into one of two categories. It’s either a constant source of joy or frustration. The bulletproof comms platform that the punters love or the revolving door of meh that doesn’t resonate with customers costs you confidence on the inside or both, depending on your setup across internal stakeholders and external partners. Once you get on that hamster wheel, jumping off can feel impossible.

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Boar’s Head Listeria Outbreak Prompts USDA Watchdog Investigation

Retail Wire

Boar's Head has been having many issues with its deli meats as of late.

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99Bikes drives 6 per cent of total digital revenue from Wunderkind

Inside Retail

Established in 2007, 99Bikes is Australia’s largest bicycle retailer, with over 60 stores nationwide. Since launch, the brand has grown exponentially, both online and offline, powered by its commitment to being the “most approachable” bike retailer, going above and beyond for customers to deliver a great experience. The 99Bikes website is an extension of the retailer’s stores, often acting as the first touch in a customer’s purchase lifecycle.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Robots transforming how customers shop, early adopters reaping benefits

Retail Customer Experience

The integration of robots in retail is not just a passing trend—it’s the future. Shoppers, especially frequent ones, are demanding more from their retail experiences, and robots are a big part of the solution.

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Temu’s Southeast Asian expansion hits a snag: Understanding Indonesia’s ban

Inside Retail

As a pre-emptive measure to protect the country’s small and medium-sized businesses from the potential influx of low-priced products, Indonesia’s government required Alphabet’s Google and Apple to block the Chinese e-commerce platform Temu in their mobile app stores in the country last week. The company’s registration in Indonesia was reportedly rejected earlier this year.

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Sainsbury’s trials larger self-checkout tills to boost efficiency

Retail Gazette

Sainsbury’s is piloting larger self-checkout tills as a replacement for human cashiers, following its CEO’s remarks about the need to make stores “more efficient” The grocery giant said it would test new hybrid self-checkouts featuring conveyor belts for customers to place their items on, as well as designated areas for bagging purchases, although shoppers will still need to scan their own items.

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Why this CEO is challenging more leaders to measure their impact beyond ROI

Inside Retail

As business leaders, we recognise that leadership is a privilege – it’s our opportunity to enrich the lives of others. We often consider our key stakeholders to be our team, business partners and consumers; but what if you could transform the lives of thousands of underprivileged people, not because there is anything in it for you, but just because you can?

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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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Macy’s to feature local businesses in holiday market at Herald Square

Retail Dive

The department store will bring hot chocolate and other vendors to its iconic flagship, as it adds more newness to its own assortment.

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Ferragamo sees revenue drop for third quarter

Inside Retail

Italian luxury label Ferragamo has reported a decline in revenue for the third quarter this year, which CEO and GEM Marco Gobbetti attributed to several macroeconomic challenges, particularly in the Asia Pacific. “Decreasing consumer confidence is most notable in the Asia Pacific, which is the main phenomenon impacting our sales performance,” said Gobbetti.

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Consumers to shop at discount department stores this holiday

Retail Dive

In response to higher costs, shoppers will spend more time looking for deals this season, according to an ICSC survey.

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Crosland Southeast Breaks Ground on Publix-Anchored First Phase of Mixed-Use Project in Durham, North Carolina

Shopping Center

Durham, N.C. — Crosland Southeast has broken ground on Latta Park, a mixed-use project located on the north end of Durham. The first phase spans 10 acres and will include a… The post Crosland Southeast Breaks Ground on Publix-Anchored First Phase of Mixed-Use Project in Durham, North Carolina appeared first on Shopping Center Business.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.