Fri.Jan 12, 2024

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Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

Be it shoppers paying by Scan & Go, self-checkout, in checkout-free stores or via Click & Collect: offline retail is becoming increasingly digital. This requires suitable payment solutions – turning payment into a strategic success factor. Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language or the new Windows 95 operating system with a GUI were all highly topical technologies that also kept t

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6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

As 2024 advances, the importance and reach of paid social media advertising will only continue to grow. For online retailers that want to stay relevant and competitive, it’s important to stay on top of the latest trends and strategies. Here are six social commerce trends you should be aware of to maximize your results and drive growth in the coming year, based on insights from Multichannel Marketing Report 2023 by DataFeedWatch, a comprehensive analysis of the global ecommerce landscape ba

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Tesla Is Increasing Pay for Factory Workers While UAW Tries To Unionize

Retail Wire

Tesla is boosting the salaries of many factory workers across the United States following an announcement from the UAW union seeking to organize workers at Tesla factories.

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Coachtopia ‘Road to Circularity’ Docuseries Spotlights Sustainability Challenges and Solutions

Retail TouchPoints

Coachtopia , the circular fashion sub-brand of Coach, has launched a new documentary web series designed to educate consumers about the impact of fashion’s growing waste problem and how the budding brand is tackling it head-on. The Road to Circularity , hosted by sustainable fashion advocate and Coachtopia community member Aditi Mayer, brings consumers behind the scenes of the brand.

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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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Paramount Is Possibly Going Up for Auction

Retail Wire

Warner Bros. Discovery and Skydance Media are at the negotiating table, discussing the potential acquisition of Paramount.

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Disney Dives into Shoppable TV with Debut of New ‘Shop the Stream’ Tech

Retail TouchPoints

Disney has launched a beta program for its first native streaming shoppable ad format, Gateway Shop , which will allow consumers to purchase items without disrupting their viewing experience. The new Gateway Shop ad format follows on the previously introduced GatewayGo commerce-enabled ad format, which tapped into the “second screen” to deliver viewers personalized offers or promotions directly to their mobile device via email, push notification or QR code.

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Sam’s Club Deploys AI-Powered Computer Vision to Speed Payment Confirmation

Retail TouchPoints

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart. After a customer pays at a register or via the Scan & Go mobile payment solution, a combination of computer vision and digital technology deployed in stores’ exit areas captures images of their cart and verifies payment for all items within a shopper’s basket.

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Microsoft Briefly Dethrones Apple To Become World’s Most Valuable Company

Retail Wire

Microsoft briefly dethroned Apple to become the world's most valuable company.

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Amazon Adds ‘Badge Pay’ to Just Walk Out Deployment in Georgia Hospital

Retail TouchPoints

Amazon ’s cashierless Just Walk Out technology has been deployed in more than 120 third-party locations, including airports, stadiums, university campuses, convenience stores and theme parks. One of the more recent implementations was the St. Joseph’s/Candler Hospital Campus in Savannah, Ga. With the Just Walk Out technology, staff members can use their employee badges to pay for items by scanning it at the entrance to the hospital’s food and beverage concessions.

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CVS To Close Select In-Store Target Pharmacies in 2024

Retail Wire

CVS Health has recently announced its intention to close down several select pharmacies located within Target stores.

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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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The Thrill of the Deal: Harnessing the Power of Promotions for Business Growth

Retail Focus

Deals are what we all look out for as consumers. As a population, we are always looking for ways to save money and get more value for the pennies we spend. Although most will view deals as a means of saving money, there is so much more to them. Businesses recognize this, as perhaps more importantly, they have understood the psychology behind the promotional offers they can make and the impact they can have on the consumer.

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How To Protect Your Car During Freezing Temperatures

Retail Wire

With the winter weather upon us, drivers can take several steps to ensure a properly functioning automobile as the temperatures drop.

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All Showfields stores will close for good on Saturday

Retail Dive

The company, now in bankruptcy, has showcased DTC brands, which until recently have largely avoided wholesale partnerships or physical retail.

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Amazon-Backed Audible Sheds 5% of Its Workforce

Retail Wire

Audible, the popular audiobook and podcast service owned by Amazon, has announced that it will be shedding approximately 5% of its workforce.

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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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CVS to close some pharmacies inside Target stores

Retail Dive

As part of its realignment strategy, the pharmacy chain said it wants to reduce its store and pharmacy density.

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Iconic Pea Soup Andersen’s in Buellton Shuts Doors

Retail Wire

Considered a significant part of California's culinary history, Pea Soup Andersen's, an almost century-old staple in Buellton, has closed its doors out of the blue.

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DTC skin care brand Curology launches on Amazon

Retail Dive

Following its entrance into physical retail in late 2022 through its partnership with Target, the brand continues to expand its distribution network.

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California and New York To Crack Down on Retail Theft in 2024

Retail Wire

The governors of California and New York revealed plans to combat retail crime, while trade associations and police departments advocate for government intervention to address the issue.

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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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The Weekly Closeout: Layoffs at Amazon and LeBron James partners with Fanatics

Retail Dive

The e-commerce giant cut jobs in Prime Video and MGM Studios, while the NBA superstar joined Fanatics Collectibles.

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Luxury Brands Falling Short in Combating Forced Labor, Says New Report

Retail Wire

New research by the Business and Human Rights Resource Centre (BHRRC) suggests that luxury brands aren't implementing enough processes to track the risks of forced labor in the supply chain.

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Under Armour taps new chief product officer, head of Americas

Retail Dive

Industry veteran Yassine Saidi will take over product, and Kara Trent will replace David Baxter in the brand’s largest region.

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Leverage post-purchase tech to build lifelong fans

Retail Customer Experience

With cost-effective product ownership technology, retailers can stay competitive, get more from their customer acquisition costs, and create meaningful connections with consumers.

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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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Victoria’s Secret to infuse AI into online shopping

Retail Dive

The intimate apparel company tapped Google Cloud’s Vertex AI to enhance search capabilities and personalize product recommendations.

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Gloucester Quays Reports Major Growth in Leasing and Visitor Numbers for 2023

365 Retail

2023 stands as a year of significant achievement for Gloucester Quays , an urban outlet located in the South West. The outlet, under the management of Peel L&P , has reported record levels of leasing activity, accompanied by a notable increase in both footfall and sales. This growth trajectory has been influenced in part by the introduction of several high-profile international brands.

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Beyond Meat CFO takes on chief accounting officer responsibilities

Retail Dive

Following Henry Dieu’s departure from the plant-based pioneer, Lubi Kutua is adding to his already full plate.

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Fortnum & Mason Christmas sales soar but shoppers trade down

Retail Gazette

Fortnum & Mason saw year-on-year sales rise 17% in the five week leading up to Christmas, with bumper sales of its food and decorations. Although the retailer saw over 6m shoppers in-store and online over the festive season, a third more than the year prior, CEO of the upmarket department store Tom Athron said “we saw many more customers spending a little bit less” and “trading down” The Fortnum & Mason boss also flagged that customers were waiting later to buy gi

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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.

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Authentic buys Sperry from Wolverine for $70M

Retail Dive

Aldo Group will handle the struggling boat shoe brand’s North American wholesale and retail operations as well as design, production and global distribution.

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Evolving Retail Tech Strategies in the US Alcoholic Beverages Market

Intelligence Node

As of 2023, the revenue of the US Alcoholic Beverages market amounts to US$283.80 billion. The segment already comprises a massive portion of the overall $331 billion US beverage market. The post Evolving Retail Tech Strategies in the US Alcoholic Beverages Market appeared first on Blog.

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Grow and Differentiate Your Business with Expanded Managed Security Solutions

Cisco Retail

Digital transformation and new hybrid work models have created a highly distributed and diverse IT landscape.

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Big V Appoints Eric Zimmermann Chief Acquisitions Officer

Shopping Center

Charlotte, N.C. —Big V Property Group has appointed Eric Zimmermann as the Charlotte, North Carolina-based company’s chief acquisitions officer. Zimmermann previously served as a managing director with Eastdil Secured before joining… The post Big V Appoints Eric Zimmermann Chief Acquisitions Officer appeared first on Shopping Center Business.

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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