Mon.Dec 23, 2024

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Sorting Truth vs. Hype: How to Vet AI Products for Retail Marketing

Retail TouchPoints

Artificial intelligence isn’t going to replace the marketer, but the marketer who uses AI is going to replace the marketer who doesn’t. This summer, the number of Americans forecasted to use generative AI at least once per month exceeded 100 million , and more than ever, marketers need to seek ways to implement the technology in their organizations.

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Whataburger and Wrangler Announce Fashion Collaboration

Retail Wire

Whataburger and Wrangler are teaming up for an iconic set of double W clothing.

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Big Lots’ Planned Private Equity Sale Falls Through; Retailer Commences Going out of Business Sales

Retail TouchPoints

Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. The troubled retailer is still pursuing an alternative going concern transaction with Nexus or another party, with the goal of completing a sale by early next month. Big Lots currently operates 960 stores, according to its website , and will continue to serve customers both in-store and online.

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FDA Approves Obesity Drug Zepbound To Treat Sleep Apnea

Retail Wire

Zepbound is the first and only perscription for adults to treat OSA and obesity.

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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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Nordstrom Family and Mexican Retailer Liverpool to Take Company Private in $6.25B Deal

Retail TouchPoints

Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 billion. The transaction, expected to close during the first half of 2025, will give the family members 50.1% ownership of the company and 49.9% to Liverpool.

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Olive Garden Is Expanding Home Delivery After the Holidays

Retail Wire

Olive Garden plans to roll out individual-order delivery, coordinated with Uber Direct.

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More Trending

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The Container Store Files for Bankruptcy but Customers Probably Won’t Notice

Retail Wire

The Container Store bankruptcy won't affect customer orders or bring store closures.

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How Brands from Walmart to Pacsun Have Harnessed the Power of Digital Twins

Retail TouchPoints

In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey. Digital twins are often linked to a data source; in some cases, that means the twin is updated to reflect the original version; in others, that means these virtual items unlock insights that can be applied within a specific function or an entire organization

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Disneyland Limits Sales of Mickey Mouse-Shaped Gingerbread Cookies

Retail Wire

Disneyland cafes fear selling out of the popular gingerbread cookies shaped like Mickey Mouse.

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Party City to close all stores in bankruptcy

Retail Dive

About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.

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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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Starbucks Strike Expands to 3 More Cities Ahead of Christmas

Retail Wire

Starbucks workers have voted to strike.

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Nordstroms succeed in taking company private for $6.25B

Retail Dive

The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.

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Trader Joe’s Introduces Popular Limited-Edition Truffle Dip

Retail Wire

Trader Joe's has yet another addictive dip.

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The Range to open first set of former Homebase stores next month

Retail Gazette

The Range is set to open the first three of its new-format stores following the acquisition of the Homebase brand and up to 70 stores last month. The DIY chains branches in Pollokshaws in Glasgow, Christchurch in Bournemouth, and Kings Heath in Birmingham will reopen their doors as The Range Superstores on 17 January. CDS, which owns The Range, Homebase , and Wilko, said the new-format locations combines the exceptional product variety The Range is known for with the home improvement expertise o

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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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Honda & Nissan Officially Begin Merger Talks To Become World’s Third-Largest Automaker. Here Are the Details

Retail Wire

Honda and Nissan are trying to stay ahead of the competition.

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Best of 2024: As Dobbies and Homebase close stores, has the UK fallen out of love with garden centres?

Retail Gazette

Dobbies Garden Centres revealed today (30 September) that it is set to close 17 stores as it looks to return to “sustainable profitability” The garden centre chain is thought to have faced another difficult year after racking up losses of 130m last year driven by high inflation and unseasonable weather dampening sales. It is not the only retailer that sells garden goods that finds itself in a tough spot, with Homebase CEO Damian McGloughlin informing staff in late August that it was

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Egg Prices Soar Ahead of Holiday Season: Why?

Retail Wire

As egg prices soar again, shoppers are scrambling to keep up.

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The Container Store files for bankruptcy, but it’s business as usual

Retail Dive

Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.

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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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Brushing Scams: Fraudsters Expose Customer Information Using QR Codes on Unexpected Packages

Retail Wire

Don't fall for "brushing scams" that could steal your personal information.

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Iceland doubles Christmas sales thanks to Morrisons’ festive failures

Retail Gazette

Iceland enjoyed a surge in last-minute Christmas orders today (23 December) with sales doubling and website traffic tripling, as thousands of Morrisons customers turned to the frozen food specialist amid widespread issues. Morrisons technical problems with its More loyalty card system left customers unable to redeem discounts. Many also reported cancelled online orders, leaving families scrambling to secure turkeys, trimmings, and festive staples just days before Christmas.

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Cybersecurity Challenges in Retail Business

365 Retail

Did you know that retail businesses are among the top targets for cyberattacks worldwide? According to IBMs 2023 Cost of a Data Breach Report, the retail sector averages $3.28 million in losses per breach. With vast customer data flowing through point-of-sale systems, mobile apps, and e-commerce platforms, retailers are facing unprecedented cybersecurity challenges.

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Morrisons in Christmas chaos with cancelled orders, delayed deliveries and failed discounts

Retail Gazette

Morrisons has issued an apology as customers were unable to access discounts on their festive shopping due to issues with the More loyalty card system. The supermarket has also been hit with complaints over cancelled online orders during the crucial festive shopping period, particularly affecting click and collect services. A spokesperson for the retailer confirmed that the system issues were impacting some loyalty card discounts, and said: “For More Card customers who have Morrisons Fiver

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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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Iceland aims to make its innovative product range more accessible to customers worldwide

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The frozen food retailer has expanded its global footprint and made its innovative, popular ranges more accessible than ever, launching new rapid delivery services, international concessions, and even convenience store formats.

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Asda: November inflation spike to squeeze Christmas budgets

Retail Gazette

November’s rise in inflation is expected to dampen Christmas spirits and restrict spending ahead of the big day, according to the latest figures from Asda’s income tracker. The period marked a second consecutive month of faster price rises, according to the supermarket’s tracker, despite households being better off than last year. The Consumer Price Index (CPI) rose to 2.6% in November, up from 1.7% in September and 2.3% in October, driven by higher clothing and footwear prices

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How do online Sportsbooks set their margins compared to retail?

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Although its not very often that you will pay attention to them, margins are everywhere in everyday life. If you walk into any retail store, or even go online to do your shopping, the price that you pay for an item will include a profit margin.

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Data: £1.13bn Christmas rush to hit UK high streets today

Retail Gazette

The UKs high streets are bracing for a festive surge, with 1.13bn expected to be spent in-store today (23 December) as consumers rush to secure last-minute Christmas gifts. According to VoucherCodes.co.uk’s Shopping for Christmas Report, retail sales both online and in-store are forecast to hit 1.46bn, a 6.6% rise compared to the same day last year.

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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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How to Open a Gift Shop: A Step-By-Step Guide

Independent Retailer

In this article you will learn how to open a gift shop. We will review examples of these business lines and assortment of goods. Let’s analyze where to start and how to implement the idea step by step. This information will be useful for those who plan to launch their own business in retail. 1. Market Analysis and Niche Selection Study your competitors thoroughly and research what products are in demand in your area.

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Customer Experience Sells with Arun Shastri

Hyken

This episode of Amazing Business Radio with Shep Hyken answers the following questions and more: Why is including sales important in the overall plan for customer experience? How can sales and customer service teams work together to make customers happier? Why is digital technology key for a smooth customer experience? What role does human interaction have in today’s changing customer experience world?

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Best of 2024: Gymshark’s Ben Francis – ‘I want to be a globally iconic brand’

Retail Gazette

Since launching in 2012, Gymshark has captured the hearts, minds and wallets of fitness obsessed consumers across the globe with its practical products and community-centric approach. As the gymwear giant prepares to open its second store in Westfield Stratford this weekend, CEO Ben Francis speaks to Retail Gazette on his expansion plans as he looks to make Gymshark “a globally iconic brand” Learnings from its first store Gymshark first entered the world of bricks and mortar back in

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Comment on 3 Strategies For Measuring Sales Lift In A Retail Promotion by binance odkazov'y bonus

Cross Cap

The good news is that every retailer we work with agrees that lift is an important metric for determining retail promotional success. The bad news is that there’s more than one way for retailers to calculate lift.

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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