Thu.Mar 04, 2021

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Reports: Twitter Tests New In-Platform Shopping Feature

Retail TouchPoints

Twitter is quietly testing a new shopping feature that will allow brands to showcase products and link out to their ecommerce site directly from within the social platform. The move follows other social platforms like Facebook and Pinterest that have also recently rolled out embedded shopping features. Twitter hasn’t formally announced the feature, but did confirm to TechCrunch that it was trialing new direct shopping mechanics.

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Why Editorial Brands Will Dominate Retail’s ‘Long Tale’

Retail Prophet

By Doug Stephens. This article originally appeared on The Business of Fashion. In 2008, New York native Ben Clymer was working in finance. When the financial crisis hit, he took a severance package and enrolled in Columbia Journalism School, where, in his spare time, he launched Hodinkee, a simple blog for wristwatch aficionados. The name Hodinkee, he would later reveal, was derived from the Czech word “hodinky,” meaning wristwatch.

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Keeping up with the Customers: How Retailers are Adapting to New Shopping Behaviors

Retail TouchPoints

Retail success is dependent on understanding and meeting the needs of shoppers. But what happens when your customers unexpectedly shift their behaviors and years of data goes out the window? COVID-19 has upended customer preferences and behaviors, and these new habits will likely continue after the pandemic ends. The AWS Retail team has been working closely with retailers to reimagine and reinvent their customers’ journeys to adapt to constantly evolving behaviors and needs.

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How to Utilize People Counting & Conversion Rate Data to Improve Sales

V Count

Counting the number of people entering and exiting your physical locations gives businesses crucial insights into the dynamics of their operations. Without real and accurate data, retailers can find themselves making uninformed decisions based on guesswork. People Counting gives businesses the necessary data to gain a deeper understanding of their operations; businesses can have the full picture behind sales to identify areas where actions should be taken, opportunities addressed, and sales impr

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Tailored Brands Seeks $75 Million Loan to Keep Afloat

Retail TouchPoints

Tailored Brands is seeking a $75 million emergency loan from Silver Point Capital , its largest equity holder and one of its existing lenders, to avoid another bankruptcy, according to Blo o mberg. The loan would be broken down into $25 million in funds that rank equal to an existing term loan, and $50 million of subordinated debt that would be converted to equity within three years at $1 per share, according to court documents.

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We’re Living in the Age of Conscious Consumerism

Rangeme

Our conscience increasingly influences our consumption. Now consumer packaged goods (CPG) brands and retailers need to adapt to conscious consumers whose core values draw them to purpose-led brands. Conscious consumers take an intentional, informed, and empowered approach to shopping. They mindfully choose products from companies that ‘do the right thing’ to protect consumers’ social, environmental, and financial well-being.

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Why Editorial Brands Will Dominate Retail’s ‘Long Tale’

Retail Prophet

By Doug Stephens. This article originally appeared on The Business of Fashion. In 2008, New York native Ben Clymer was working in finance. When the financial crisis hit, he took a severance package and enrolled in Columbia Journalism School, where, in his spare time, he launched Hodinkee, a simple blog for wristwatch aficionados. The name Hodinkee, he would later reveal, was derived from the Czech word “hodinky,” meaning wristwatch.

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Escher Helps Retailers Keep Better Track of Parcels

Retail TouchPoints

Escher , a postal retail and logistics solution provider, has launched Riposte Track, Trace and Last-Mile Delivery, a cloud-based suite of parcel tracking and traceability solutions designed to help postal operators meet the changing business requirements for first- and last-mile delivery. The platform can help streamline how parcels are tracked within and outside of the enterprise.

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Jason & Scot Show Episode 256 – Colin Bryar former Amazon Chief of Staff and author of Working Backwards

Retail Geek

A weekly podcast with the latest e-commerce news and events. Episode 256 is an interview with Colin Bryar, a former Amazonian who served as Jeff Bezos technical advisor (Chief of Staff), and author of the new book “Working Backwards” Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook. ?

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Charming Charlie Comeback Continues with 14 New Stores

Retail TouchPoints

Women’s apparel and fashion accessories retailer Charming Charlie continues its coast-to-coast expansion, with plans to open approximately 14 new locations in the coming months. The retailer is focusing on Texas, California, New York and the Midwest for the new stores, which will include Charming Charlie’s color-grouping model and catalog of apparel, handbags, fashion jewelry, gifts, beauty, shoes, scarves, tech, travel, pets and kids. .

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Dollar Tree Plans 600 New Stores and 1,250 Renovations; Will Expand Combination Format for Small Markets

Retail TouchPoints

Dollar Tree plans to open 600 new stores and to renovate 1,250 Family Dollar stores in fiscal 2021, which runs through the end of January 2022. The new stores are expected to consist of 400 Dollar Tree stores and 200 Family Dollar stores; the latter group will be comprised of H2 and Combination Store formats, based upon market locations. Bringing together both the Dollar Tree and Family Dollar brands, the Combination Store format is targeted for small towns and rural communities with populations

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Exclusive CEO Q&A: Building a Footwear Retail Business from the Ground Up

Retail TouchPoints

If you think “grounding” is just the name of the punishment sitcom parents are always threatening their naughty kids with, think again. “Grounding” also has a biomechanical meaning related to electricity, and it has become the inspiration for footwear manufacturer and retailer Harmony783. In this case, grounding refers to connecting humans with the earth’s electrical field through their feet, and numerous scientific papers have made the case that such a connection improves health by reducing inf

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Inbenta Technologies Enhances the Search Experience With Natural Language Processing

Retail TouchPoints

Inbenta Technologies , an AI-based customer interaction and natural language processing (NLP) solution provider, has rolled out Conversational AI Search, a tool designed to help shoppers find the right product at the right time. Conversational AI Search aims to answer complex questions using NLP and give answers that help with upselling and cross-selling.

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