Tue.Jan 09, 2024

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The Untapped Potential of Audio in Retail Media Networks

Retail TouchPoints

CMOs are working with limited spending power, prompting a critical examination of resource allocation and a quest for cost-effective yet high-impact solutions. Gartner reveals that 71% of CMOs believe they lack sufficient budgets to fully execute on advertising strategies, and GroupM expects U.S. ad spending to increase 5.1% in 2024, lower than India, China, Germany and Brazil.

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Sonic Introduces Peanut Butter Burgers to Its Menu

Retail Wire

Sonic Drive-In, the popular fast-food chain, is introducing a new combination to its menu: a peanut butter and bacon cheeseburger.

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As DTC Business Wanes, Solo Brands Taps New President and CEO

Retail TouchPoints

Solo Brands , a company with a portfolio of lifestyle brands including Solo Stove , Chubbies , Oru Kayak , ISLE and Icy Breeze , has announced that President and CEO John Merris will step down from his post, effective Jan. 15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., will take over. Metz has more than 25 years of experience leading consumer and durable goods companies.

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SHEIN Is Now Making Over $30 Billion in Sales Yearly

Retail Wire

SHEIN, a major player in the fast-fashion e-commerce world, is reportedly exceeding $30 billion in annual sales.

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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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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

The COVID-19 pandemic has, for all intents and purposes, ended. But the supply chain disruptions that it exacerbated have not fallen by the wayside as easily as disposable masks did, with the global movement of goods continuing to be impacted by one challenge after another — from war and terrorist attacks to drought. As the Head of Supply Chain for Alibaba ‘s North America B2B business, Yikun Shao is right in the thick of it.

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The Iconic to refund customers after fraudulent transactions

Inside Retail

Pureplay fashion retailer The Iconic has committed to refund customers after fraudulent orders were made on their accounts. The online merchant said that it saw an increase in fraudulent login attempts on its site but denied any data breach, or ‘hack’ “We have recently seen an increase in fraudulent account login attempts on The Iconic, which our security and fraud teams continue to actively manage, in conjunction with our security partners,” a spokesperson said in a stat

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Omnichannel Commerce: Defining and Meeting Today’s Retail Needs

Tokinomo

"Omnichannel" – you've probably heard this term a lot, in meetings, online, maybe even used it yourself. It's become a buzzword, but what does it really mean? In this article, we're going to clear up the confusion. We'll explain exactly what omnichannel commerce is, and how it's different from multichannel and single-channel commerce.

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Real-Life ‘E.l.f.-Pinching’ Inspires True Crime Mockumentary

Retail TouchPoints

E.l.f. Cosmetics are apparently so highly prized that they push otherwise law-abiding citizens into stealing — well, “unauthorized borrowing” — by roommates and family members. The real-life prevalence of all this post-purchase theft has inspired E.l.f. Cosmetics to produce a true crime mockumentary, Cosmetic Criminals , now available on Amazon Freevee and YouTube.

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Fragrance maverick Jo Malone is bottling new scents with Jo Loves

Inside Retail

For Jo Malone, fragrance is her identity. Malone, who received a Most Excellent Order of the British Empire in 2018, built not one fragrance empire but two – first with her namesake Jo Malone label, and now with Jo Loves. Inside Retail asked Malone why it was important to include her name in her brand once again and she answered, “I think it was important for me personally as I wanted to claim identity for my creativity.

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Albertsons Expands Onsite Retail Media Offerings with Criteo Integration

Retail TouchPoints

Albertsons Media Collective , the retail media arm of the Albertsons Companies , has teamed up with commerce media solution Criteo to expand its onsite retail media offerings. Criteo will support Albertsons Media Collective’s onsite sponsored ad offerings and help the division expand to newer ad formats, such as commerce display and sponsored video, in the coming months through integrations with Criteo’s demand- and supply-side offerings.

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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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Fake Stanley Cups Are Duping Customers

Retail Wire

The popular insulated tumbler is causing a commotion among shoppers who are being duped by fakes in search of the real thing.

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Pacsun Adds RFID to Expanding Omnichannel Tech Stack

Retail TouchPoints

Pacsun will deploy the iD Cloud Store solution from Nedap as it seeks to improve inventory accuracy and gain RFID-powered operational insights to inform replenishment decisions. The chainwide rollout is expected to be completed in Q1 2024. The youth-oriented retailer chose the Nedap solution for its ability to help improve inventory accuracy and enhance omnichannel fulfillment capabilities, including increased usage of buy online, pick up in-store (BOPIS) functionality.

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Small Businesses Battle Inflation and Workforce Shortages

Retail Wire

The United States economy continues to be a source of concern for small businesses, with the ongoing worker scarcity and relentless inflation feeding into their pessimism. A slight rise in the Small Business Optimism Index was reported for December, but the atmosphere remains gloomy.

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Madelyn Cline joins Revlon global brand ambassador ranks

Inside Retail

American actress Madelyn Cline is the newest Revlon global brand ambassador, joining Ashley Graham and Megan Thee Stallion as faces of the American beauty label. Cline – best known for her roles as Sarah Cameron on Netflix’s series Outer Banks and Whiskey in Glass Onion: A Knives Out Mystery – has left her mark on several high-profile, cult, and popular TV and movie projects over the past four years.

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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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Samsung Expects Q4 2023 Profit To Plunge by 35%

Retail Wire

Samsung Electronics, the South Korean tech giant, said that it expects a significant 35% drop in its operating profit for the last quarter of 2023.

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Haircarebear and Watsons forge sweet wellness alliance in Malaysia

Inside Retail

A delicious revolution in the booming wellness category is underway, spearheaded by Haircarebear. The Australian brand, renowned for its innovative approach to delivering supplements through delectable gummies, has set its sights on the flourishing market of Malaysia. A strategic alliance with Watsons Malaysia has opened the doors to a host of opportunities, marking a significant milestone in the brand’s global expansion journey.

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Elon Musk Denies He Has a Drug Problem

Retail Wire

The Tesla and SpaceX CEO is reportedly under fire by the Wall Street Journal regarding alleged drug use, which he denies.

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Why In The Roundhouse created dinnerware for the social media generation

Inside Retail

Ready, set, tablescape. Australian homewares brand In The Roundhouse is creating a new category of stylish dinnerware – from plates and side dishes to cutlery and napkins – designed to capture the social media generation’s attention. Alyce Tran and Brooke Bickmore ,the duo behind the viral brand, are best friends turned business partners. The origin story of In The Roundhouse began eight years ago when co-founder Bickmore was looking to set up her new apartment and couldn’t find what she

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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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JetBlue CEO Stepping Down Ahead of Spirit Airlines Merger Ruling

Retail Wire

JetBlue Airways recently announced that their CEO, Robin Hayes, will relinquish his post in the coming month. Joanna Geraghty, who currently serves as the chief operating officer, will succeed Hayes as the top executive.

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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. For sustained revenue and profitability growth, they know that the fashion segment needs to be kept relevant for domestic middle-class customers, and that diversification into other complementary businesses is an important engine of growth.

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Hewlett Packard Enterprise Offers Deal To Buy Juniper Networks for $13B

Retail Wire

Hewlett Packard Enterprise, also known as HPE, is in the middle of discussions to acquire Juniper Networks in a transaction that values the network equipment producer at about $13 billion.

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Taylor Swift led beauty trends last year, study reveals

Inside Retail

Celebrities including Taylor Swift, Margot Robbie and Beyonce are topped the list of online beauty influencers last year. Research conducted by beauty and wellness marketplace Fresha, evaluated the number of online publications mentioning the beauty routines of more than 100 of the most influential celebrities of last year, combining each celebrity’s name with terms such as ‘skincare’, ‘beauty routine’ and ‘makeup’ Taylor Swift officially has the most ta

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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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M&S rolls out ‘Refilled’ scheme to 25 UK stores

Retail Gazette

M&S has rolled out its ‘Refilled’ scheme to a further 19 shops, including its new Liverpool One flagship, after a successful trial across six stores in 2022. The scheme, run in partnership with Reposit , aims improve the retail titan’s sustainability commitments to reduce and remove plastic packaging and covers own-brand cleaning and laundry items.

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Global retailers rush to avoid out-of-stocks in shadow of Red Sea crisis

Inside Retail

Retailers worldwide are stocking up on goods before China’s Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters. One European retailer said it was delaying marketing campaigns for some specific goods until stocks were secured.

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In pics: WHSmith unveils new coffee store format for UK hospitals

Retail Gazette

WHSmith has launched its brand-new hospital coffee shop format in Sheffield which is set to roll out across the UK. The new District Market Coffee concept has opened in Sheffield Northern General Hospital, featuring a 1084k sq ft “high-quality coffee shop and café” for those visiting or staying at the hospital. Offering food and drink for both dine-in and takeaway and a 10% NHS discount across all products, a second café is set to open in Sheffield Royal Hallamshire Hospital in the coming weeks,

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Why watch brand Maxum is finally relaunching DTC after more than 20 years

Inside Retail

Collaboration and reinvention through marketing can make or break a brand, and paramount to this is remaining authentic and evolving with the times. Retail has continued to boom online over the past decade, and businesses are getting creative as to how they can keep customers loyal. Australian watch brand Maxum recently reopened its online store, providing a direct-to-customer sales (DTC) channel after years of only being available through retail partners.

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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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The Container Store lowers Q3 sales guidance

Retail Dive

The retailer cited “challenging business trends” in revising its financial outlook.

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Tesco eases pinched wallets with price cuts on 150 food essentials

Retail Gazette

Tesco has slashed the prices on over 150 everyday own-brand items as it looks to help customers reduce the cost of their weekly shop as they go into 2024. The supermarket has reduced the prices of selected fresh fruit and vegetables, as well as cupboard staples like coffee, bolognese sauce and cereal by an average of 12.5%. Tesco chief commercial officer Ashwin Prasad said: “After the expense of Christmas, January can really stretch family budgets and families are looking for great value more t

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Fitch: ‘Rising headwinds’ are rushing toward consumers in 2024

Retail Dive

During a panel at the ICR conference, the ratings agency predicted shoppers will seek out greater value in 2024 as high debt levels and reduced savings catch up to them.

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Leveraging a digital twin with machine learning to revitalize bridges

Cisco Retail

As you drive across a bridge you might think of the impact it’s having on your commute, but have you ever considered the impact you’re having on the bridge itself?

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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