Fri.Jan 12, 2024

article thumbnail

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

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

ATS 264
article thumbnail

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.

Fashion 312
article thumbnail

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.

article thumbnail

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.

ATS 240
article thumbnail

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.

Shopping 277

More Trending

article thumbnail

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.

article thumbnail

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.

130
130
article thumbnail

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.

article thumbnail

The Red Sea Crisis Impacts the Global Economy

Retail Wire

One of the world's major trade arteries, the Red Sea, is effectively shut for an overwhelming majority of container ships.

Shipping 147
article thumbnail

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.

article thumbnail

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.

Marketing 104
article thumbnail

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.

130
130
article thumbnail

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.

Shopping 109
article thumbnail

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.

130
130
article thumbnail

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.

article thumbnail

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

article thumbnail

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.

Planning 113
article thumbnail

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.

Consumer 106
article thumbnail

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.

113
113
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Location 130
article thumbnail

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.

Wholesale 121
article thumbnail

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.

130
130
article thumbnail

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

article thumbnail

Casper Unveils New Sleep Shop Concept

RIS News

Book a nap, check out The Pillow Lab, or drop off kids in the Bunkhouse getaway. Learn more about the experience at Casper Sleep's revamped and redesigned Sleep Shop in Costa Mesa, CA.

article thumbnail

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.

Wholesale 103
article thumbnail

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.

article thumbnail

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.

119
119
article thumbnail

eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

article thumbnail

Burberry warns on profits as luxury slowdown hits Christmas sales

Retail Gazette

Burberry lowered is profit guidance for the year after sales dropped 7% over the golden quarter. The retailer lowered its adjusted operating profit guidance for the year ended 30 March 2024 to be in the range of £410m to £460m, dramatically behind the £552m to £668m original forecast. While revenues were up 3% in the Asia Pacific for the third quarter to December 30, it dropped 5% across Europe, the Middle East and Africa and plunged 15% across the Americas.

Fashion 64
article thumbnail

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.

113
113
article thumbnail

How Amazon Harnesses AI to Transform Online Clothes Shopping

RIS News

Here are four ways Amazon is channeling efforts into enhancing customer confidence in fashion shopping through AI-fueled innovations.

article thumbnail

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.

Apparel 107
article thumbnail

How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.