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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Amazon has named 17-year company veteran Doug Herrington to the renamed role of CEO of Worldwide Amazon Stores, filling the position left vacant by former CEO of the Worldwide Consumer Dave Clark. Since 2015, Herrington has served as Amazon’s SVP of the North America Consumer.

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How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

“The stronger the commitment shown by the customer, the stronger the retargeting,” said Ken Natori, President of Natori in an interview with Retail TouchPoints. That’s much more useful [data] than the first consumer. Natori’s retargeting campaigns make use of data gleaned from the on-site behavior of the consumers being retargeted.

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Net-a-Porter, Ssense, Farfetch: How luxury’s e-commerce leaders stack up

Inside Retail

Third-party online retailers have proven that consumers prioritise the acquisition of the product over the in-store purchase experience. Farfetch was established in 2007 as a global luxury platform designed to connect creators, curators and consumers.

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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007.

Returns 130
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Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

forcing retailers to grapple with remaining relevant to increasingly price-sensitive consumers. Illustrating the consumer response to the Fed’s activity, on June 15 the U.S. We’re doing everything we can to help this customer stretch their budgets.”. What do customers see when they ask for things? 7% increase.

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CVS promotes Wier to VP of store brands

Mass Relators

He had been executive director – divisional merchandise manager for consumer health and wellness since August 2020. I invite all of you who are passionate about making new products, improving customer experiences, driving efficiency, and sustainably growing brands to connect with me on ways to partner. WOONSOCKET, R.I.

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Generation Z: Between the Worlds of Digital and Analog

Retail TouchPoints

This is further supported by a study from NetSuite , which found that 97% of consumers see a need to go to a physical store. Many digital natives here saw their parents lose almost everything in the 2007 global economic crisis. And for those younger Generation Z customers there are a number of debit cards available from U.S.