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Category: News & Trends


News & Trends

Walmart hits supplier emissions goal 6 years early

February 23, 2024

Via: Retail Dive

With over 5,000 suppliers participating, Walmart has called Project Gigaton “one of the largest private sector consortia of its kind.” When Walmart first set targets for reducing emissions both in its operations and value chain, the Science Based Target Initiative […]


News & Trends

Shutting down Overstock was ‘a fatal mistake’: Beyond executive chairman

February 22, 2024

Via: Retail Dive

Home and furniture have remained among the challenging segments of retail in recent months as consumers continue to feel economic and inflationary pressures, shifting their spending away from discretionary purchases. Beyond Inc. has an opportunity to grow revenue, get more […]


News & Trends

Amazon Powers its Way Onto Dow Jones Industrial Average

February 21, 2024

Via: Retail TouchPoints

In a sign of its enormous role in both the U.S. and world economies, Amazon will join the exclusive “club” of 30 companies that make up the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance. Additionally, Uber has been […]


News & Trends

BNPL popularity rises among ‘financially fragile’ consumers

February 21, 2024

Via: Retail Dive

The NY Fed previously deemed consumers using BNPL as more likely to be “financially fragile,” noting in a September report that they have credit scores below 620, have been delinquent on a loan or have been rejected for a credit […]


News & Trends

L’Oréal leans into AI with data in mind

February 20, 2024

Via: Retail Dive

L’Oréal has high hopes for what AI and expanded access to data insights will do for the business. The company’s data platform houses 10 petabytes of data, which teams use to power “all types of AI models, including the latest […]


News & Trends

How to Create Real Retailer-Brand Loyalty

February 19, 2024

Via: SCMR Editorial

There are certainly some brands that are deeply embedded with their retail partners, developing exclusive products in partnership and engaging in cooperative marketing. But given the vast number of retail vendors out there, I would submit that the number of […]


News & Trends

Ecommerce Marketing Lessons from Q4 2023 

February 19, 2024

Via: Retail TouchPoints

Last year was an uncertain one. Though many of the economic indicators were excellent, including the low unemployment numbers and strong GDP growth, there was a lot of uncertainty in the market throughout the year. In the martech ecosystem, publishers […]


News & Trends

New Fund Aims to Accelerate Adoption of Reuse and Refill Solutions

February 15, 2024

Via: Retail TouchPoints

Repurpose Global, an organization that brings brand leaders, consumers and policymakers together to combat plastic waste, has launched a $1 million fund to give companies equitable access to reuse and refill solutions. Approximately 70% of plastic reduction is achievable through […]


News & Trends

What is the Future of Credit Card Payments?

February 15, 2024

Via: Lightspeed

In the past few years, we’ve seen a total upheaval in the way consumers spend their money. The pandemic, a looming economic crisis, rising inflation and higher costs of living have contributed to a tumultuous and confusing time for consumers […]


News & Trends

Can the Greeting Card Industry Thrive?

February 14, 2024

Via: RetailWire

In recent years, the once-thriving greeting card industry has faced a major decline. Sales have dwindled, and retailers are scaling back on shelf space. Once prominent retailers like Hallmark have been forced to close multiple store locations over the last […]


News & Trends

Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

February 13, 2024

Via: Retail TouchPoints

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10, an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, […]


News & Trends

Did Super Bowl LVIII’s Commercials Deliver?

February 12, 2024

Via: RetailWire

Super Bowl LVIII may have ended, but the commercials from the big game are still making waves. With over 160,000 people registered to vote in the 36th USA TODAY Ad Meter competition, it’s clear that these ads leave a lasting […]


News & Trends

During the Holidays, Small and Mid-Sized Businesses Feel the Impact of Retail Crime

February 9, 2024

Via: Retail TouchPoints

Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 billion in 2022, up from $93.9 billion in 2021 — and […]


News & Trends

Will AI Stores Without Employees Ever Become Mainstream?

February 8, 2024

Via: RetailWire

Retail is evolving. With technology and changing customer behaviors guiding the way, more businesses are shifting toward automated systems and AI stores. In fact, according to Retail Innovation Hub’s 2022 research, there was an 11% increase in brands using self-checkout […]


News & Trends

How the Store of the Future will Track Shopper Behavior Ecommerce-Style

February 7, 2024

Via: Retail TouchPoints

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. As a result, as the science […]


News & Trends

How Will Valentine’s Day Fare for Retail in 2024?

February 6, 2024

Via: RetailWire

Valentine’s Day sales are being predicted, and while some believe consumer spending will fall flat, the National Retail Federation’s (NRF) data concludes that nearly $14.2 billion of total spending on significant others is expected this year. The NRF and Prosper […]


News & Trends

Why AI is driving the retail evolution and how to use it to get ahead

February 5, 2024

Via: Retail Dive

2024 will be a year of innovation in retail and AI is at the forefront. AI is helping retailers increase operational efficiency and enhance customer and employee experiences. Dell Technologies, along with its partner ecosystem is helping retailers enhance those […]


News & Trends

Talent Procurement Success is in the DNA

February 2, 2024

Via: SCMR Editorial

Supply chain disruptions, geopolitical pressures, and continually changing consumer demands are just a few of the challenges procurement professionals have faced in recent years. “Chief procurement officers (CPOs) who have successfully navigated uncertainty in recent years have become indispensable partners […]


News & Trends

How retail is shaping up in 2024

February 1, 2024

Via: Retail Dive

While some pandemic problems in retail have waned, with inventories leveling off and consumers returning to buying both in-stores and online, 2024 is not without its challenges. Consumers are feeling the impact of inflation, while retail C-suites continue to see […]


News & Trends

Six Principles for Redefining Retail with Responsible AI

January 30, 2024

Via: Retail TouchPoints

Generative AI (Gen AI) has brought about a seismic shift that’s reshaping customer interactions and business operations. As retailers ride the AI wave, it’s important to simultaneously address both the opportunities and responsibilities it brings. Gen AI, with its vast […]