Tue.Sep 01, 2020

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Walmart+: Amazon Prime Competitor To Launch September 15

Retail TouchPoints

Walmart has announced that its long-rumored paid membership program, Walmart+, will be available on September 15. It will cost $12.95 per month or $98 annually and include a 15-day free trial period. At launch, members will have access to unlimited home deliveries for groceries and general merchandise — as quickly as the same day they are ordered. Other perks include fuel discounts at Walmart, Murphy USA and Murphy Express gas stations, and access to proprietary technology such as “Scan & Go

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5 Modern Dynamic Pricing Trends

Wiser

Dynamic pricing is a strategy that all online retailers must pay attention to. It is a supply-and-demand-based pricing model than enables real-time price changes in order to make the most out of high demand, clear out stock when needed, or preserve stock when running low. To put it simply: dynamic pricing helps boost profit margins, revenue, and can complement any existing pricing model ( offering significant benefits ).

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What Can Retailers Do To Regain Customer Trust?

Retail TouchPoints

As many non-essential businesses such as consumer retail locations start to reopen, it’s more important than ever that they improve and optimize cleaning operations to keep customers safe and comfortable while shopping. This means retailers will have to work diligently to keep store environments clean and compliant, all with reduced workforces. But even if stores follow the CDC’s guidelines for sanitation, there’s no knowing whether enough customers will show up.

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How to Effectively Forecast Demand fo New Products and Optimize for Launch

Retalon

Forecasting products you’ve never sold before is always a challenge. Without historical data to draw upon, how do you predict the best way to allocate them to stores, pricing, promotional demand, and balance online versus in-store sales? Guess wrong and you will run out of inventory, have too much inventory, or have the right inventory in the wrong place. – all costly mistakes.

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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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JCPenney Lenders May Make Acquisition Bid After Other Talks Falter

Retail TouchPoints

JCPenney ’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer as a standalone company, according to CNBC. Joshua Sussberg, an attorney with Kirkland & Ellis who is representing JCPenney in bankruptcy court, said the companies have until Sept. 10 to reach an agreement, with the goal of completing the transaction within 30 days.

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Metapack and Manhattan Associates team up to provide retailers with frictionless access to a complete suite of supply chain and delivery solutions

Retail Technology Review

Metapack, the eCommerce delivery technology provider, has launched its direct External Parcel Integration (EPI) with Manhattan Associates, the supply chain and omnichannel commerce technology provider.

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Subscription services and automatic deliveries boost sales, says Kooomo

Retail Technology Review

Subscription services and automatic deliveries are not new to the eCommerce space, but are set to continue growing, meaning any retailer with relevant products not implementing this into their customer experience are falling behind the competition.

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WorkTrak+ Takes Retail Execution to the Next Level

Natural Insight

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Marketplacer and Tryzens form partnership

Retail Technology Review

Online marketplace platform, Marketplacer, and international digital commerce consultancy, Tryzens, have partnered to enable online retailers to drive sales, gain rapid access to sellers, and manage products via a simplified dropship system.

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Post-pandemic, consumers’ shopping habits will be changed forever

Retail Technology Review

By Daniel Allin, Chief Commercial Officer, Diamond Logistics. The strange sight of shoppers resembling medical professionals as they go about town in face masks is just the latest in a series of changes to our way of life that will have significant and lasting effects.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.