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Customer Engagement, Customer Experience

Creating Experiential Campaigns with Cloud-Optional Technology

September 11, 2023

Via: Retail TouchPoints

The internet has radically changed how we find, compare and buy products. The most obvious impact? The rise of online shopping. But now, it has its sights on changing the world of in-store shopping. In-person shopping is enjoying a surge […]


E-commerce, Retail Types

Ebay Develops New AI Listing Tool to Streamline Seller and Buyer Experiences

September 11, 2023

Via: Retail TouchPoints

Sellers on any online marketplace know that the key to success is a well-constructed product detail page (PDP). But putting together a good PDP can be time-consuming, which is why many marketplaces are now rolling out AI-powered tools to help […]


E-commerce, Retail Types

Will Walmart Marketplace Become the Retail Giant’s Focus for E-Commerce Expansion?

September 8, 2023

Via: RetailWire

Walmart added fuel to the expansion of its digital marketplace with an in-person event for third-party sellers. The Walmart Marketplace summit, which started on August 30, invited merchants of all sizes to participate to help Walmart further develop its digital […]


E-commerce, Retail Types

Elevating the Last Mile: Transformative Trends and Customer-Centric Evolution in E-commerce

September 7, 2023

Via: SCMR Editorial

The proliferation of e-commerce and the imperative for an omnichannel fulfillment experience has culminated in the advancement of an additional facet within the realm of transportation – namely, the final or last mile. Historically, the transportation framework consisted of a […]


FMCG products, Retail Types

Instacart Enhances Grocery Solutions with New AI Features, More In-Store Engagement Opportunities

September 7, 2023

Via: Retail TouchPoints

Instacart has made a number of updates to its tools for grocers, further expanding its reach beyond its own app. The updates include new features for retailers that use the Instacart Storefront solution to power their ecommerce; updated functionality for […]


News & Trends

National Retail Federation Acquires Reverse Logistics Association

September 7, 2023

Via: SCMR Editorial

The National Retail Federation has acquired the Reverse Logistics Association, the association announced today. NRF made the announcement during RLA’s Leadership Summit, taking place in Atlanta this week. “NRF has a long history of convening supply chain professionals to collaborate […]


News & Trends

Lego Plans $1.4 Billion Sustainability Investment Over Next 3 Years

September 6, 2023

Via: Retail TouchPoints

The Lego Group will triple its sustainability investments over the next three years, spending $1.4 billion to design carbon-neutral buildings and facilities and boost production of renewable energy at its sites. These plans are part of the brand’s near-term climate […]


Retail Types, Stores

Marks & Spencer Deploys AI-Powered Visual Compliance Solution Across 500 Stores

September 5, 2023

Via: Retail TouchPoints

Marks & Spencer (M&S) has adopted AI-based technology, delivered on handheld devices, which compares images of products in stores to store-specific planograms, providing an instant view of shelf-level compliance. The SymphonyAI Retail CPG Store Intelligence technology is being rolled out […]


Customer Engagement, Customer Experience

The Power of Post-Purchase in Building Customer Loyalty

September 5, 2023

Via: RetailWire

Post-purchase experience. An often forgotten part of the shopping journey and ripe for building loyalty and customer lifetime value. Why do retailers frequently leave this critical phase out? It’s easy to skip over. The customer has already paid for their […]


Suppliers

Customer-centric supply chains by design

September 1, 2023

Via: SCMR Editorial

Long-established methods for designing supply chains are becoming obsolete. As a result, companies need fresh approaches to keep pace with ever-changing markets and harness new technology’s benefits. Such methods are available, but companies must adopt them and align their supply […]


News & Trends

Challenges Faced by Emerging Brands in the Retail Industry

September 1, 2023

Via: Retail TouchPoints

In strong economic times, smaller, newer brands — otherwise known as emerging or up-and-coming brands — have one thing in common: access to capital. This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly […]


News & Trends

Are Americans Better Off Shopping Luxury Retail in Europe?

August 31, 2023

Via: RetailWire

Vogue Business recently reported that many Americans this summer have visited Europe and done most of their luxury retail shopping abroad for European luxury goods and designer brand-name products. Since Europe has generally lower prices and a plethora of summer […]


News & Trends

How Prada, Starbucks and Porsche are Using Discord to Up Their Customer Engagement Game

August 31, 2023

Via: Retail TouchPoints

For many people Discord remains an anomaly — something they may have heard of during the pandemic but found too technically intimidating or aesthetically unappealing to bother with. In fact, part of Discord’s mystique is its indefinability: is it a […]


Others, Tech

How AI Can Help You Create Human-Centric Retail Experiences

August 31, 2023

Via: Retail TouchPoints

Generative AI may be generating buzz, but for tech-savvy retailers, AI is not a new technology. Conversational AI has been foundational to many customer experience technologies we now take for granted. Chatbots, Interactive Voice Response (IVR) and intent analysis can […]


News & Trends

Beyond the Hype: How AI is Reshaping Retail & CPG Marketing

August 31, 2023

Via: RIS News

Whether it’s optimizing pricing, developing hyper-personalized experiences, or predicting consumer behavior, artificial intelligence holds the keys to more engaging, creative, and lucrative marketing strategies. AI is reshaping business as today’s future-ready retailers and consumer goods manufacturers leverage the tech to […]


Suppliers

Is Drone Delivery Gaining or Losing Steam?

August 30, 2023

Via: RetailWire

Despite challenges ranging from regulations to noise, cost, safety, and public acceptance, Walmart continues to push ahead with tests of drone delivery. A new partnership with Wing, a drone-delivery provider owned by Alphabet, Google’s parent company, enables air delivery to […]


News & Trends

7 Targeted Retail Strategies for Revenue Growth and Margin Improvement

August 30, 2023

Via: Retail TouchPoints

In today’s challenging business landscape, where profit margins are shrinking, supply chains are slow and uncertain, labor shortages are prevalent and inflation is a concern, it is crucial for retailers and brands to differentiate between understanding customer habits and fostering […]


Suppliers

Amazon tests $35 free shipping minimum

August 30, 2023

Via: Retail Dive

Amid rising operational and delivery costs, Amazon is experimenting with threshold minimums for shipping. “We continually evaluate our offerings and make adjustments based on those assessments,” an Amazon spokesperson said in an email to Retail Dive. In its Q2 earnings […]


Others, Tech

AR in Retail Will Be the Norm Sooner Than You Think

August 29, 2023

Via: RetailWire

Many retailers traditionally utilize a portion of their funds and resources to test new in-store experiences each year, especially pop-up shops. However, 2023 is beginning to change all of that, with more big-name retailers opting to experiment with virtual stores […]


Customer Engagement, Customer Experience

10 Key Tips for Scaling Personalization in Retail

August 29, 2023

Via: Retail TouchPoints

Fast-moving innovation is a tricky thing. What was a surprise-and-delight experience for customers two years ago is now an expectation. And when that expectation isn’t met, it’s a big problem. For example, according to Forbes, 71% of B2C customers expect […]