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Prada Group has hired Andrea Guerra as CEO, with the official appointment scheduled to be made during in January 2023. Miuccia Prada will remain in the roles of Creative Director of Miu Miu and Prada and as a member of the board. Prada will continue to share the lead creative role of her family’s namesake luxury brand with Raf Simons. Guerra will step into the role Current CEO Patrizio Bertelli has been appointed Chairman of the Board of Directors of Prada S.p.A.
Zebra Technologies has named Chief Product and Solutions Officer Bill Burns as its next CEO and board member, effective March 1, 2023. Current CEO Anders Gustafsson has been named Executive Chair of the Zebra Board of Directors. Burns, a 30-year technology veteran, joined Zebra in 2015 as the company’s SVP of Enterprise Visibility and Mobility, and was promoted to the product and solutions chief role in 2018.
Remember the early days of the pandemic? When locked down consumers were buying everything from loungewear to air fryers and warehouses across the world were being cleared as supply chain disruption hit hard. Today couldn’t be more different. Retailers are suffering from ‘inventory bloat’ or too much stock. In order to de-risk and become less dependent on global providers and their delivery time frames they bought too much stock they are now struggling to sell.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Marketplaces have been a dominant force in online retail for some time now, with early mover Amazon still leading the pack. Now, an increasing number of other retailers are seeing the value in adding a marketplace to their commerce offerings. As a result, third-party marketplaces are expected to be the fastest-growing retail channel globally over the next five years, with Edge by Ascential forecasting that third-party sales through marketplaces will add $1.3 trillion dollars and account for 59%
VF Corporation has named Benno Dorer, Lead Independent Director of the VF Board of Directors, as Interim President and CEO, effective immediately. He replaces retiring Chairman, President and CEO Steve Rendle and will hold the role while VF searches for a permanent successor. Dorer joined the VF Board in 2017 and has served as the Lead Independent Director since 2021.
VF Corporation has named Benno Dorer, Lead Independent Director of the VF Board of Directors, as Interim President and CEO, effective immediately. He replaces retiring Chairman, President and CEO Steve Rendle and will hold the role while VF searches for a permanent successor. Dorer joined the VF Board in 2017 and has served as the Lead Independent Director since 2021.
There has been a steady rise in e-commerce and online retail sales. The online sales sector has become a major component of modern business and online entrepreneurship. This article looks at how cryptocurrencies are changing online retail and e-commerce. The rise of e-commerce driven by crypto. Both retailers and consumers alike have been driven by the increase in the simplicity in which e-commerce and online retailing can be engaged in.
Chewy currently is capturing around 40 percent of the online pet products market, but the site saw a 5.5 percent decline in traffic in the last quarter compared to the same period in 2021.
YOOBIC , the innovator of the all-in-one Frontline Employee Experience Platform, today announced the launch of YOOBIC Communities, a powerful expansion of the YOOBIC app designed to enable companies with frontline workers to drive engagement and give employees a shared space to build collaboration, camaraderie, and a sense of common purpose. The feature launch cements YOOBIC’s place as the premiere Frontline Employee Experience Platform (FEXP) for today’s most demanding distributed enterprises
Amazon.com is adding Inspire, a short-form video and photo feed, onto its app. The feature will allow shoppers to see product content created by brands, customers and influencers. Inspire is being rolled out to select customers in the U.S. early this month before becoming more broadly available in 2023.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Ring in the New Year by applying for many of the available grants nationwide to start the year of right. These funds have been established to provide financial help for small businesses in a wide range of issues specific to the segment. As a small business owner, taking advantage of these opportunities is one way you can overcome any of the issues these grants seek to resolve.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
As winter looms, Co-op becomes first retailer to launch a £1 million ‘Warm Spaces’ funding boost, to provide urgent support to local community organisations across the UK, as they help communities navigate rising energy costs during the cold winter months. This funding comes as a welcome boost, with insight from more than 1,600 local community causes across the UK showing that nearly two-thirds (59%) of projects have experienced a shortfall in funding over the past 12 months.
Döner Shack , the Berlin street-food concept, is celebrating after being named as the number one fast-casual franchise in the UK. As its debut, the business has been ranked in the prestigious Elite Franchise Top 100 (EF100) from hundreds of entries across every sector. It is a title the brand can proudly hold throughout 2023, having competed alongside huge fast-food brands like Subway and Papa John’s.
Shoplifting is increasing worldwide, according to retail artificial intelligence specialist Scanwatch. The technology company added that self-checkouts are being particularly targeted, including by first-time shoplifters who have no criminal background. Scanwatch said UK retailers had reported an 18% rise in theft in the second half of this year, while US National Retail Federation figures indicate.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
This week, we feature an article by Nick Bandy, Chief Marketing Officer at LiveVox , an omnichannel platform that helps brands seamlessly communicate with their customers. He shares how you can align your customer’s journey with their brand expectations. The customer journey is essential to any company’s success. And in today’s digital age, customer service is now more important than ever before.
Costco’s same-store sales improved 6.6 percent year-over-year in its fiscal first quarter, and the warehouse club giant posted earnings of $3.07 a share, up from $2.98 in 2021.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Sales of marijuana in medical dispensaries and retail stores have fallen year-over-year after posting big gains during the pandemic, according to Headset. “What we saw in 2020 was a massive spike in sales tied to the pandemic as people stayed home, had government stimulus money and not a lot to do,” said Chris Wash, CEO of Marijuana Business Daily.
Whether you are looking to grow your business or begin your journey as an entrepreneur, there is no doubt that Amazon is one of the fastest growing channels for sellers. With more than 200 million paid Prime members worldwide and roughly 7,400 products being bought per minute, the marketplace is unrivaled. Especially when utilizing Fulfillment by Amazon (FBA) , you can just sit back and watch as the money rolls in with little effort.
The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to acquire Activision Blizzard. Commissioners by three to one voted to file a suit citing the harm an approved deal would do to consumers. “Microsoft has already shown that it can and will withhold content from its gaming rivals,” said Holly Vedova, director of the FTC’s Bureau of Competition.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Retailers including Abercrombie & Fitch, Anthropologie, H&M, J.Crew and Zara now charge customers stocking fees for returned merchandise. Americans returned 47 percent of the items they ordered online this year, according to parcelLab.
Supplier diversity, wellness, and product discovery were all top-of-mind among buyers in Q3 as retailers seek new ways to entice consumers in the face of inflationary pressures. Surprisingly, Certified Organic USDA was also the most searched certification among APAC buyers across categories and Netherland health and beauty buyers. Men and women of all age ranges believe that self-care is an important part of making healthier lifestyle choices and many of them believe that self-care practices hav
The Port of New York and New Jersey have moved a record level of cargo this year and, in the process, supplanted Los Angeles and Long Beach as the busiest ports in the nation. More cargo is being shipped to East and Gulf Coast ports after backups caused supply chain delays in late 2021.
Sports retailer Lids (Indianapolis) has unveiled a new retail concept, Lids Hat Drop, in Queens, New York. The store at 168-05 Jamaica Ave., is a bricks-and-mortar iteration of the brand’s LidsHatDrop.com platform that launched earlier this year. Like its online counterpart, the Lids Hat Drop concept will offer exclusive and limited-edition releases, including notable athlete and celebrity collaborations that pay tribute to the Jamaica, Queens neighborhood.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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