Channel: Marketplace The Rise of Resale Programs: 5 Brands Leading the Charge in Sustainability The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets. For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 […] Shopify May 20, 2022May 20, 2022 < 1 min read SustainabilityRecommerceShopifyDept. ApparelConsumersEconomyESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Marketplace The Complete Guide to Point-of-Sale (POS) Features Researching which features your POS system should have? This guide will help you find a POS with features to manage your business today and as you grow, everywhere you sell. More Shopify May 18, 2022May 18, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Technology & Innovation Harlem Capital leads seed into Because, an e-commerce enablement startup With global e-commerce sales poised to be a $5.5 billion industry this year, startups in the e-commerce enablement software space are looking to carve out a niche in this huge market. One of those is Because, a startup developing no-code software connecting disparate data sources to automate high volumes of website updates. Founder and CEO […] Tech Crunch May 18, 2022May 18, 2022 3 min read Results & InvestmentTechnology & InnovationData & InsightsOperations & Supply ChainShoppersShopifyNFTDeliveryCryptoExecutivesMarketing: TradeBrick and MortarStore LocationTech: AIMarketing: PrintAI / ML 0 Saving Bookmark this article Bookmarked
Channel: Marketplace A Simple Guide to Understanding Minimum Order Quantities (MOQs) in Retail Setting minimum order quantities is beneficial for both suppliers and buyers. Learn what MOQs are and how to optimize them for your retail business. More Shopify May 17, 2022May 17, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Retailers Competing Hard For Media/Ad Dollars Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […] MorningNewsBeat May 17, 2022May 17, 2022 2 min read Data & InsightsAmazonInstacartInternationalMarketing: Retail MediaShopifyTargetConsumersWalmartMarketing: SocialShoppersMeta (Facebook)GoogleDeliveryWalgreensMarketing: BroadcastPredictions and ForecastsExecutivesESG and CSREconomyDept. HBCTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Cash on Delivery: A How-To Guide for Retailers Retailers are making online shopping convenient and risk-free by offering cash-on-delivery payments. Here’s what you need to know about this payment option. More Shopify May 16, 2022May 16, 2022 < 1 min read DeliveryShopify 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Competitors Loop and Happy Returns Partner to Streamline In-Person Returns Loop Returns, the return platform for Shopify brands such as Allbirds, FIGS, Princess Polly and Chubbies, has joined with its competitor Happy Returns by PayPal to offer box-free, label-free drop-off for U.S. consumers at 5,000 Return Bars across the country. The Shopify brands use the Loop platform to help them retain revenue with returns, which […] Retail TouchPoints May 16, 2022May 16, 2022 < 1 min read ReturnsPartnershipsShopifyShoppersConsumersSustainabilityPhilanthropyOperations & Supply ChainBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify Buys Logistics Company Deliverr Shopify’s acquisition of fulfillment company Deliverr will help it compete with Amazon and will otherwise jumpstart stalled growth. The post Shopify Buys Logistics Company Deliverr appeared first on Practical Ecommerce. Practical Ecommerce May 16, 2022May 16, 2022 < 1 min read ShopifyOperations & Supply ChainData & InsightsAcquisitionAmazon 0 Saving Bookmark this article Bookmarked
Corporate Strategy Demand Planning for Retailers: How to Prepare for an Influx of New Shoppers Demand planning is a technique retailers use to make sure they’re prepared for a change in customer demand. Here’s how to do it. More Shopify May 14, 2022May 14, 2022 < 1 min read StrategyShoppersShopify 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Future of Physical Retail in a Digital-First World When retail stores shut their doors in March 2020, many industry observers adopted a dismal view of the future of physical retail. By the end of the year, retailers had closed over 8,700 stores in the United States. At the same time, the ecommerce growth rate more than doubled, according to the U.S. Department of Commerce. As […] Shopify May 13, 2022May 13, 2022 < 1 min read Predictions and ForecastsShopifyBrick and MortarCOVID19 0 Saving Bookmark this article Bookmarked
Stores & Formats Find a Retail Location: 6 Options to Consider When Setting Up Shop in a New Area Looking to expand your retail business and sell in-person? Location is key. Here’s how to choose the best retail location for your next store. More Shopify May 13, 2022May 13, 2022 < 1 min read Store LocationShopify 0 Saving Bookmark this article Bookmarked
Shopper & Customer Tidio raises $25M to automate customer service interactions During the pandemic especially, it’s become overwhelming for small- and medium-sized businesses (SMBs) to answer all of their customer service requests. A Freshworks survey found that companies experienced a 71% increase in overall contact volume between February 2020 and January 2021, and expect it to increase further. At the same time, customers — while empathetic […] Tech Crunch May 12, 2022May 12, 2022 3 min read ShoppersTechnology & InnovationMarketing: VoiceCustomer ExperienceCustomer ExperienceData & InsightsMarketing: SocialResults & InvestmentAssociatesReturnsShopifyOperations & Supply ChainExecutivesMeta (Facebook)Start UpsStore LocationPricing & PromotionsDeliveryPartnershipsThick DataDept. Natural / OrganicCOVID19Dept. NonfoodMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Technology & Innovation Shopify partners with Student Beans to launch student verification technology Canadian ecommerce giant Shopify has launched a partnership with online coupon redemption platform Student Beans. Student Beans offers exclusive coupons for students and provides free coupons to allow savings to… The post Shopify partners with Student Beans to launch student verification technology appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail May 12, 2022May 12, 2022 < 1 min read Technology & InnovationPartnershipsShopifyPricing & PromotionsMarketing: TradeInternational - UKInternational - North America 0 Saving Bookmark this article Bookmarked
Shopper & Customer Affirm Extends Multi-Year Exclusive Partnership with Shopify in the U.S. SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce. The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection […] BusinessWire - Retail May 12, 2022May 13, 2022 < 1 min read ShopifyPartnershipsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Procurement: What it Is and How to Create Your Own Process Procurement is the act of acquiring goods and services for a business. Learn how to create your own procurement process in this article. More Shopify May 12, 2022May 12, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Shopper & Customer Snow is Dazzled by Cutting-Edge ROS Functionality For most brands, winning endorsement from Kim Kardashian, with her 290 million Instagram followers, is the stuff dreams are made of. For oral cosmetics brand Snow, the Kardashian seal of approval is one in a long line of celebrity recommendations, including from film stars such as Chris Pratt, TV legends such as Ellen DeGeneres, and […] Mark Hook May 11, 2022May 11, 2022 5 min read ShoppersOperations & Supply ChainCustomer ExperienceCustomer ExperienceInternationalPredictions and ForecastsConsumersPartnershipsData & InsightsDept. NonfoodShopifyTechnology & InnovationWalgreensMarketing: SocialStrategyResults & InvestmentPricing & PromotionsMeta (Facebook)Marketing: TradeBrick and MortarAssociatesHealth & WellnessMarketing: BroadcastDept. HBCBest BuyCOVID19DeliveryAmazon 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Tap to Pay: Everything You Need to Know as a Retailer Tap to pay gives you a fast, secure and convenient way to make payments. Accepting tap to pay at your store helps you stand out from the crowd. Learn more about how you can start using tap to pay today. More Shopify May 11, 2022May 11, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Technology & Innovation A Retailer’s Guide to Token Gating and NFTs Non-fungible tokens (NFTs) have taken the art world by storm by creating ways for musicians, designers, and other creatives to control how their work is distributed. Retailers have also begun experimenting with NFTs via token gating, a strategy that gives token holders access to exclusive products, experiences, content, and more. More Shopify May 10, 2022May 10, 2022 < 1 min read NFTCryptoShopifyStrategy 0 Saving Bookmark this article Bookmarked
Shopper & Customer I’m Just Not That Into You: The Trap of the Promiscuous Shopper “We’ve already established what you are, now we’re just haggling over price.” – A less than PC old joke It’s hardly news that the retail industry is responsible for too many self-inflicted wounds. At the top of this list, perhaps, is many retailers’ long-term reliance on aggressive discounting to drive top-line sales. This has taught many […] Remarkable Retail Podcast May 10, 2022May 12, 2022 2 min read ShoppersMarketing: SocialPodcastsAmazonInternational - North AmericaTechnology & InnovationTargetResults & InvestmentMarketing: Loyalty & SubscriptionTwitterMarketing: TradeDept. GroceryConsumersAcquisitionStrategyShopifyPricing & PromotionsOperations & Supply ChainData & InsightsConsultingBrick and MortarDept. ApparelDeliveryExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? Has Amazon just made its prime membership even more compelling? The ecommerce giant recently announced its ‘Buy with Prime’ (BwP) programme, a new initiative that lets third party retailers use… The post Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? appeared first on Latest Retail Technology News From Across The Globe […] ChargedRetail May 7, 2022May 7, 2022 < 1 min read AmazonShopifyInternational - UKTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify buys Deliverr for $2.1B to accelerate fulfillment network expansion The planned acquisition is a new step in Shopify’s bid to build an end-to-end logistics platform. RetailDive May 6, 2022May 6, 2022 < 1 min read ShopifyAcquisitionOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Tso Chinese Delivery set for strong growth Longtime Austin, Texas residents Min and Jenna Choe started out entertaining family and friends at home and are now setting out to create a Chinese restaurant empire based on online ordering and delivery. In the South, entertaining and cooking go together. Fittingly, there is a longstanding joke in the Choe household about Jenna’s inability to […] fooddeliverynews.com May 6, 2022May 6, 2022 4 min read DeliveryRestaurantsDept. GroceryTechnology & InnovationPepsiCoResults & InvestmentAssociatesFood DeliveryDoorDashShoppersWhole FoodsDept. NonfoodWalmartUbereatsStore LocationShopifyGeneral BusinessCOVID19Predictions and ForecastsMarketing: UGCKrogerExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Craft Fairs and Art Shows 101: How to Sell Your Products In-Person Imagine this: Someone admires your product, picks it up or tries it on, and then pays you for it in front of your eyes. There’s something about this feeling that selling exclusively online just can’t match. Call it connecting with your customers or getting a crash course in retail, but giving craft fairs and art shows a […] Shopify May 5, 2022May 5, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Live Selling: Trends, Benefits and Best Practices to Grow Your Retail Business The retail industry was in the midst of transformation well before the pandemic. Customers were already craving more engaging online shopping experiences—and the pandemic only accelerated this, with an astonishing 75% of U.S. consumers trying new shopping methods in response to economic pressure, store closings, and changing priorities during the pandemic. In response to these shifting […] Shopify May 5, 2022May 5, 2022 < 1 min read ShopifyConsumersCOVID19Economy 0 Saving Bookmark this article Bookmarked
Shopper & Customer E-commerce stocks plummet as consumers pull back online spending KEY POINTS Shares of Etsy, Shopify, Wayfair, Poshmark and a number of other e-commerce retailers fell Thursday. E-commerce transactions have declined 1.8% from a year ago, while in-store sales rose 10%, Mastercard SpendingPulse said in a new report. The decline in online retailers came as a broader sell-off walloped stock markets Thursday. Shoppers are eager […] CNBC May 5, 2022May 6, 2022 2 min read ConsumersShopifyRecommerce 0 Saving Bookmark this article Bookmarked 5
Technology & Innovation Shopify acquires shipping logistics startup Deliverr for $2.1B Shopify today announced that it will acquire Deliverr, a San Francisco, California-based ecommerce fulfillment startup, for $2.1 billion in cash and stock. The deal, rumors of which were reported in April by Bloomberg, is the largest acquisition in Shopify’s history, and Shopify founder and CEO Tobi Lütke says that it will enable the company to […] Tech Crunch May 5, 2022May 5, 2022 4 min read Technology & InnovationOperations & Supply ChainShopifyAcquisitionDeliveryAmazonConsumersData & InsightsReturnsPredictions and ForecastsCOVID19ExecutivesConsultingThick DataCompetitionResults & InvestmentAI / MLBigTechBrick and MortarStrategyInsight ProvidersMarketing: Loyalty & SubscriptionShoppers 0 Saving Bookmark this article Bookmarked 5
Operations & Supply Chain Deliverr’s nearly flat exit price isn’t as bad as it looks Alex Wilhelm Contributor Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor Will the corporate venture boom lead to an M&A frenzy? As Dropbox heads into earnings, it desperately needs a win The leading story in technology-land this morning is the multi-billion dollar […] Tech Crunch May 5, 2022May 5, 2022 < 1 min read ShopifyOperations & Supply ChainDeliveryResults & InvestmentPodcastsData & InsightsReturnsTechnology & InnovationEconomyAssociates 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify announces landmark Deliverr acquisition Shopify is to acquire Deliverr, an e-commerce fulfilment startup, for $2.1 billion in cash and stock. This is the largest acquisition in Shopify’s history, with Founder and CEO Tobi Lütke saying that it will enable the company to create an “end-to-end logistics” platform for millions of merchants. “Our goal is to not only level the […] Retail Technology Innovation Hub May 5, 2022May 5, 2022 < 1 min read ShopifyAcquisitionOperations & Supply ChainExecutivesTechnology & InnovationPredictions and ForecastsDeliveryAmazon 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Inventory Storage: Ideas, Systems, and Solutions to Manage Your Business Finding the right inventory storage system can be challenging. But with the right solution, you can easily manage it and reduce lost sales. Learn how. More Shopify May 3, 2022May 3, 2022 < 1 min read Operations & Supply ChainShopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace What Is Near Field Communication? How to Use It and Why It’s Important Near Field Communication enables convenient and easy contactless payments in your retail business. Learn more about how it works and why you should use it. More Shopify May 3, 2022May 3, 2022 < 1 min read ShopifyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Food Your Daily QuickWit (5/20): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Delivery Department & Category Channel: Ecommerce & Digital Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance Partnerships & Alt Profit Department: Food Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Stores & Formats Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation. Written by Tech Crunch May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Data & Insights Shopper & Customer Trends & External Forces Battle of the titans: Walmart marketplace shows big gains against Amazon Get a by-the-numbers view of Walmart's remarkable e-commerce growth and seller profitability. Written by Future of Commerce May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Shopper & Customer Agencies & Vendors International Shopper & Customer Associates & Employees Lowest consumer confidence for nearly 50 years A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […] Written by Talking Retail May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Department & Category Channel: Ecommerce & Digital Channel: Restaurants Department: Food Media & Marketing Data & Insights International Shopper & Customer Trends & External Forces Success Does Leave Clues for Food Retailers Giving credit where credit is due. The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice. According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […] Written by Grocerant Guru May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked