Retail Operations The Future of Retail CX: A SXSW Panel Recap On Tues., March 14, I sat down with the chief digital officer of e.l.f. Beauty, Ekta Chopra; GM of new business at Poshmark, Adam Crouch; and vice president of customer growth and marketing of Albertsons Companies, Francisco Bram at SXSW to discuss the future of digital customer experience in a session called “The Future of […] Melissa Minkow April 21, 2023April 21, 2023 3 min read Customer ExperienceConsumersShoppersRecommerceAlbertsons / SafewayPredictions and ForecastsData & InsightsIndustry Conferences and EventsTrends: RetailHealth & WellnessMarketing: Loyalty & SubscriptionOmnichannelDept. HBCESG and CSRBig DataTechnology & InnovationKellogg'sBrick and MortarMerchandisingMarketing: Social MediaTargetsocial commerceMarketing: In StoreDept. NonfoodExecutivesStrategyInsight Providers 0 Saving Bookmark this article Bookmarked
Technology & Innovation Mercari taps ChatGPT for search, recommendation functions Merchat AI, the company’s new chatbot, will use the artificial intelligence software to provide personalized product recommendations. RetailDive April 20, 2023July 11, 2023 < 1 min read AIRecommerceChatGPTTechnology & InnovationMarketing: VoiceMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Finance David’s Bridal Files for Bankruptcy, Looks for Buyer David’s Bridal filed for bankruptcy earlier this week just days after announcing plans to lay off more than 9,000 workers nationwide later this year. The popular wedding dress retailer said its stores and e-commerce website will remain open during the financial restructuring process. David’s Bridal executives said they’re trying to arrange a sale of the […] Joe Keenan April 20, 2023April 20, 2023 < 1 min read BankruptcyEconomyResults & InvestmentBrick and MortarCOVID19CompetitionConsumersExecutivesSustainabilityDept. ApparelMerchandisingPress ReleaseRecommerceShoppersAssociates 0 Saving Bookmark this article Bookmarked
Department: Nonfood PetSmart Partners with Uber Eats for On-Demand Delivery from 1,600 Stores Uber Eats will now offer deliveries of pet foods, accessories, habitats and healthcare products from more than 1,600 PetSmart stores in the U.S., Canada and Puerto Rico. PetSmart is the first pet retailer to work with Uber Eats, joining Bed Bath & Beyond, Office Depot and grocery retailers including Albertsons, Meijer and Costco. Since launching […] Retail TouchPoints April 20, 2023April 24, 2023 < 1 min read Dept. PetPartnershipsUbereatsDeliveryBrick and MortarDept. NonfoodMarketing: Loyalty & SubscriptionExecutivesConsumersInternational - North AmericaDept. GroceryMeijerCostcoHealth & WellnessBed Bath & BeyondRecommerceShoppersFood DeliveryAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Retail Ecosystem How good is secondhand apparel for the planet, really? Consumers and brands are embracing resale as a way to address fashion’s poor environmental track record, but it may be too little, too late. RetailDive April 19, 2023April 19, 2023 < 1 min read SustainabilityDept. ApparelRecommerceConsumersESG and CSR 0 Saving Bookmark this article Bookmarked
Stores & Formats Resale’s big secret? It may need stores To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit. RetailDive April 18, 2023April 18, 2023 < 1 min read Brick and MortarDept. ApparelRecommerce 0 Saving Bookmark this article Bookmarked
Media & Marketing American Eagle brings secondhand clothing shop to Snapchat The augmented reality experience is part of the retailer’s new RE/AE digital shop and clothing collection curated with online resale platform ThredUp. MarketingDive April 17, 2023April 17, 2023 < 1 min read Marketing: Social MediaDept. ApparelRecommerceTechnology & InnovationTech: AR and VRMetaverse 0 Saving Bookmark this article Bookmarked
Retail Ecosystem American Eagle Launches Resale Shop Powered by ThredUp American Eagle Outfitters and ThredUp have launched RE/AE, a resale shop for secondhand and exclusive vintage American Eagle clothing, located at ae.thredup.com, curated by American Eagle and powered by ThredUp’s Resale-as-a-Service (RaaS). Additionally, American Eagle has partnered with Snapchat for a pop-up shoppable AR Lens showcasing select styles from an inaugural 200-piece RE/AE collection. RE/AE […] Retail TouchPoints April 15, 2023April 15, 2023 2 min read RecommerceSustainabilityDept. ApparelMarketing: Social MediaPop UpsShoppersPredictions and ForecastsPartnershipsExecutives 0 Saving Bookmark this article Bookmarked
Retail Ecosystem American Eagle Launches Resale Shop Powered by ThredUp American Eagle Outfitters and ThredUp have launched RE/AE, a resale shop for secondhand and exclusive vintage American Eagle clothing, located at ae.thredup.com, curated by American Eagle and powered by ThredUp’s Resale-as-a-Service (RaaS). Additionally, American Eagle has partnered with Snapchat for a pop-up shoppable AR Lens showcasing select styles from an inaugural 200-piece RE/AE collection. RE/AE […] Retail TouchPoints April 14, 2023April 19, 2023 2 min read RecommerceSustainabilityDept. ApparelMarketing: Social MediaPop UpsShoppersPredictions and ForecastsPartnershipsExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Driving businesses forward: Retail Technology Show announces 2023 Innovation Awards shortlist Retail Technology Show, which is set to take place on 26th and 27th April at London’s Olympia, has announced the shortlist for its 2023 Innovation Awards. Ten solutions have been shortlisted as “shining examples of trailblazing tech and innovation that can help retailers drive their businesses forwards and generate competitive advantage – from new retail […] Retail Technology Innovation Hub April 14, 2023July 11, 2023 3 min read Technology & InnovationAIShoppersMarketing: Social MediaOperations & Supply ChainTwitterDeliveryData & InsightsTech: RoboticsCryptoDept. ApparelMarketing: In StoreResults & InvestmentInternational - UKAssociatesOmnichannelPricing & PromotionsSustainabilityNFTRecommerceMerchandisingMeta (Facebook)Tech: AR and VRTrends: TechMarketing: Loyalty & SubscriptionBrick and MortarMetaverse 0 Saving Bookmark this article Bookmarked
Retail Ecosystem American Eagle jumps into secondhand sales via ThredUp The retailer is the latest to sign onto the used-apparel site’s quickly expanding resale platform. RetailDive April 11, 2023April 11, 2023 < 1 min read RecommerceDept. Apparel 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Poshmark releases livestream shopping feature Posh Shows allows users to livestream on the social resale marketplace for the first time — even as other platforms step away from the format. RetailDive April 6, 2023April 6, 2023 < 1 min read RecommerceESG and CSR 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Popular Chester-le-Street Spar reopens after two-month refurbishment Sunny conditions and a crowd of interested locals greeted the reopening of a Spar convenience store on Mendip Avenue in Chester-le-Street. An extensive refit has been two months in the making, and new additions to the store include a Clayton Park Bakery hot Food To Go unit that is stacked with tasty snacks and meals. […] Talking Retail April 6, 2023April 6, 2023 < 1 min read RecommerceDept. PerimeterDept. GroceryDept. Bakery 0 Saving Bookmark this article Bookmarked
Trends & External Forces ThredUp: US resale market projected to reach $70B by 2027 That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026. RetailDive April 5, 2023April 5, 2023 < 1 min read Predictions and ForecastsRecommerce 0 Saving Bookmark this article Bookmarked
Data & Insights #CCS23: Composable Commerce, ChatGPT and Data, Data, Data The virtues of composable commerce and the emerging possibilities of generative AI were key themes of this year’s Connected Consumer Series, Resilient Retail: How Efficient, Effective and Engaging CX is Fueling Growth. The webinar series, now available on demand, included case studies from retailers Sweaty Betty and SiteOne that highlighted composable commerce’s flexibility and positive […] Retail TouchPoints March 31, 2023July 11, 2023 9 min read Technology & InnovationAIShoppersConsumersData & InsightsOmnichannelCustomer ExperienceAcquisitionMarketing: BroadcastStrategyMarketing: Loyalty & SubscriptionChatGPTStreamingBOPISDept. PetMarketing: Direct & PersonalizationExecutivesOperations & Supply ChainResults & InvestmentDept. ApparelPredictions and ForecastsEconomyPricing & PromotionsMarketing: TradeInternational - UKTargetDept. NonfoodInternational - North AmericaMarketing: VoiceCOVID19Tech: CashierlessBig DataAmazonUnileverRecommercePartnershipsDept. GroceryVendors 0 Saving Bookmark this article Bookmarked
Retail Ecosystem GoodwillFinds, The Online Thrift Store, Expands To Meet Strong Demand For Resale GoodwillFinds, the online platform for Goodwill stores, is ramping up quickly to meet demand for its brand of online resale. Joan Verdon - Forbes March 29, 2023March 29, 2023 < 1 min read RecommerceBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Poshmark leads fashion resale despite challenger platforms Download the full report: Finding Fashion Resale Winners with Earnest Credit Card Transaction Data. Powered by Earnest’s Vela transaction dataset. Access underlying data in Dash. Poshmark is the clear fashion resale platform market leader by sales, with 19% of second-hand clothes sales so far in March 2023. The RealReal is the next largest marketplace by […] Earnest Research March 29, 2023March 30, 2023 < 1 min read Dept. ApparelRecommerceData & InsightsConsumersPhilanthropyEconomyCOVID19 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Inflation Crisis is Reshaping E-Commerce. Here’s What Retailers Need to Know. From Sydney to San Francisco and everywhere in between, global shoppers are struggling to keep up with the increasing cost of living. Inflation is leading to rising costs for food, fuel and heating, leading to serious consequences for businesses and consumers alike. In the shadow of the current downturn, Mirakl aimed to understand how the […] Adrien Nussenbaum March 27, 2023March 27, 2023 3 min read ConsumersEconomyShoppersThick DataMarketing: Loyalty & SubscriptionPredictions and ForecastsMarketing: Direct & PersonalizationRecommerceCompetitionData & InsightsDeliveryDept. GroceryDept. NonfoodESG and CSRExecutivesMarketing: Social MediaOperations & Supply ChainDept. Fuel 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Secondhand resale is getting cutthroat as platforms like Depop and Poshmark boom [[“value”:”The consumer culture on indie reselling platforms has shifted as more sellers compete to capture demand and more inflation-weary customers hunt for deals.”]] CNBC March 24, 2023March 24, 2023 < 1 min read RecommerceEconomyConsumers 0 Saving Bookmark this article Bookmarked
Department: HBC In another step toward profitability, The RealReal winds down beauty sales Under a new CEO, the luxury resale site has been scrutinizing various aspects of its business and slashing expenses. RetailDive March 24, 2023March 24, 2023 < 1 min read RecommerceDept. HBCExecutives 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Ulla Johnson taps Archive retail technology to launch ‘one of a kind’ in-house recommerce programme Womenswear brand, Ulla Johnson, has partnered with Archive to launch Ulla Johnson PreLoved. This facilitates peer-to-peer sales, with Archive’s technology automatically adding company approved photographs and item descriptions. Customers who sell their Ulla Johnson pieces through the platform can choose the price (a recommendation will be provided) and whether to receive 70% of that back […] Retail Technology Innovation Hub March 21, 2023March 21, 2023 2 min read PartnershipsTechnology & InnovationRecommerceMarketing: Social MediaOperations & Supply ChainTwitterPredictions and ForecastsResults & InvestmentShoppersStart UpsDept. ApparelExecutivesEconomyDept. FreshAssociates 0 Saving Bookmark this article Bookmarked
International Inside H&M’s Strategy to Become a More Sustainable Organization As Total Retail reported last week, H&M launched a resale program in collaboration with thredUP. “H&M Pre-Loved” offers shoppers an easy way to find secondhand pieces for their wardrobes. The new shop also continues the retailer’s sustainability mission of establishing circular business models for itself and customers. To learn more about its new resale program, Total Retail connected with Abigail […] Joe Keenan March 20, 2023March 20, 2023 3 min read RecommerceSustainabilityShoppersDept. ApparelStrategyPricing & PromotionsPredictions and ForecastsInternational - North America 0 Saving Bookmark this article Bookmarked
Retail Ecosystem H&M taps ThredUp for resale program The move comes as the fast-fashion retailer works to remake its sustainability image. RetailDive March 14, 2023March 14, 2023 < 1 min read RecommerceSustainabilityDept. Apparel 0 Saving Bookmark this article Bookmarked
Retail Ecosystem H&M Launches a Resale Program With thredUP H&M launched a resale program Tuesday in collaboration with thredUP, an online consignment platform that has partnered with dozens of brands to run their used clothing sales, the fast-fashion retailer told Reuters. H&M will be the largest retailer to work with thredUP, and the partnership will mark the retailer’s first resale marketplace in the United States, […] Joe Keenan March 14, 2023March 14, 2023 < 1 min read RecommerceSustainabilityDept. ApparelConsumersPredictions and ForecastsData & InsightsTargetResults & InvestmentPartnerships 0 Saving Bookmark this article Bookmarked
Retail Ecosystem H&M enters U.S. resale market with help from ThredUp H&M has launched a resale program in collaboration with the online consignment platform ThredUp. Around 30,000 clothing SKUs will be available on H&M’s resale site. It marks H&M’s first resale venture in the U.S. market but not its first in secondhand clothing. “We’ve been working in secondhand since about 2015, really testing and learning,” said […] RetailWire March 14, 2023March 14, 2023 < 1 min read RecommerceDept. ApparelSustainability 0 Saving Bookmark this article Bookmarked
Trends & External Forces Some Retailers See Setbacks From Silicon Valley Bank Collapse Some retail organizations are seeing significant setbacks as a result of the collapse of Silicon Valley Bank (SVB). Toy e-commerce startup Camp, for example, sent an email to customers on March 10 that said it was slashing prices and would use the sales to help fund its continued operations after much of its money was tied up in […] Melissa Campanelli March 14, 2023March 14, 2023 2 min read ShoppersRecommerceOperations & Supply ChainExecutivesGovernment 0 Saving Bookmark this article Bookmarked
Corporate Strategy Silicon Valley Bank Collapse Hits Some Ecommerce Retailers, but Full Effect Remains to be Seen The collapse of Silicon Valley Bank (SVB) is sending shockwaves through ecommerce, and some retailers are expecting significant setbacks from the loss of its services. The Department of the Treasury, Federal Reserve and FDIC have promised in a joint statement that all depositors will have access to their money as of March 13 through a […] Retail TouchPoints March 13, 2023March 13, 2023 2 min read GovernmentRecommerceExecutivesTwitterShoppersMarketing: Social MediaShopifyOperations & Supply ChainInternational - North AmericaHoliday & EventsConsultingAgencies 0 Saving Bookmark this article Bookmarked
Retail Ecosystem ThredUp, chasing profitability, tests consignment fees The resale site reports softer sales in a promotional apparel environment but expects to break even later this year. RetailDive March 7, 2023March 7, 2023 < 1 min read RecommerceSustainabilityDept. Apparel 0 Saving Bookmark this article Bookmarked
Shopper & Customer Ebay VP on the Platform’s Competitive Advantage: ‘We Don’t Compete with our Sellers’ When Ebay debuted in 1995, it and Amazon were pretty much the only game in town. Fast forward 28 years and Amazon and Ebay are still the two largest marketplaces in the U.S. — albeit in a vastly more crowded landscape. Not only have a slew of new marketplaces launched, but big-name retailers like Walmart, […] Retail TouchPoints March 2, 2023March 2, 2023 6 min read InternationalCompetitionShoppersReturnsMarketing: In StoreAmazonConsumersTechnology & InnovationData & InsightsDeliveryOperations & Supply ChainPredictions and ForecastsThick DataDept. ApparelMarketing: Social MediaRecommerceMarketing: Direct & PersonalizationTargetStrategyMerchandisingPackagingMeta (Facebook)WalmartDept. NonfoodAcquisition 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Why Shifting Return Policies Can Create Shopping Surges Shopping surges over the holiday season brought higher returns volumes, costing retailers significant financial burdens to process unwanted items. Compounding the issue, online shopping has soared in recent years, with return rates hovering between 20 percent to 30 percent. To offset rising costs of reverse management, many retailers are adjusting policies to incentivize in-store returns, […] Fara Alexander February 28, 2023February 28, 2023 3 min read ReturnsShoppersOperations & Supply ChainMarketing: In StoreDeliveryHoliday & EventsAssociatesThick DataBrick and MortarTargetConsumersMarketing: TradePricing & PromotionsDept. NonfoodCustomer ExperienceStore LocationDept. HBCMarketing: BrandGoogleNestleRecommerceResults & InvestmentDept. Toys & GamesAgencies 0 Saving Bookmark this article Bookmarked
Shopper & Customer Data & Insights Shopper & Customer Trends & External Forces FMI Launches 2024 U.S. Grocery Shopper Trends Series: How Consumers Are Finding Value at the Grocery Store ARLINGTON, Va.–(BUSINESS WIRE)– #foodindustry–Shoppers enjoy food shopping as much as ever, according to the latest annual survey by FMI – The Food Industry Association. Written by BusinessWire - Supermarket May 14, 2024May 14, 2024 Saving Bookmark this article Bookmarked
Data & Insights Technology & Innovation Retailers: Is AI the answer to all your problems? Not so fast…proceed with caution! Written by Supermarket News May 10, 2024May 10, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Consumer Durables Department: Nonfood Corporate Strategy ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Could AI Be Your Next Stylist? Consumers Are Ready Keeping up with nanosecond social media trends is a never-ending challenge for retail brands and shoppers. In addition to responding to these fast-paced microtrends, merchandisers face increased pressure to incorporate cutting-edge personalization techniques that drive authentic shopping experiences and cultivate brand loyalty. So, what’s the answer to remaining innovative and on-trend in 2024? According to […] Written by TotalRetail May 10, 2024May 10, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Grocery Media & Marketing Kroger considers Disney+ perk for grocery delivery members US retail giant Kroger is reportedly in talks with the Walt Disney Company to offer the Disney+ streaming service as a benefit to paying members of its Kroger Boost grocery delivery programme. The post Kroger considers Disney+ perk for grocery delivery members appeared first on Retail Insight Network. Written by Retail Insights Network May 8, 2024May 8, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Channel: Dollar/Value Channel: Ecommerce & Digital Channel: Mass Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Stores & Formats Sam’s Club Expands Store Rollout of AI-Powered Exit Tech Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […] Written by 0 Author Missing May 8, 2024May 8, 2024 Saving Bookmark this article Bookmarked