March 22, 2023
March 24, 2023
Media networks are retailers’ hottest new accessory; in fact, the sheer number of retailers that have developed retail media networks (RMNs) in the last two years is impressive, almost to the point of being overwhelming. The list, which changes nearly […]
March 15, 2023
A study finds 69 percent of retailers treat returns as a cost of doing business, with only 19 percent having a strategic returns program in place. The study from Incisiv found most retailers lack clearly defined metrics to measure their […]
March 8, 2023
After three years of supply chain logistics and shipping delays, retailers have too much inventory sitting on shelves, and consumer demand continues to be in flux as inflation maintains a strong grip on budgets everywhere. This means the way consumers […]
March 21, 2023
RetailWirePre-pandemic, poor forecasting was often tied to regional differences or shifting consumer preferences, and was often pinpointed as the cause of grocery’s high level of stockouts. Today, there are a whole slew of contributing factors. At the supply chain level, […]
E-payment & Data Security, Tech
March 21, 2023
ChargedMastercard has acquired Baffin Bay Networks to provide businesses with an AI ‘Cyber Shield’ against cyberattacks. Swedish-based Baffin Bay Networks enhances Mastercard’s “multi-layered approach to cybersecurity”, which allows the global payments giant to strengthen the services and value it provides […]
March 20, 2023
ChargedAs part of IKEA’s technological expansion, Swedish retail giant has expanded its autonomous fleet to 100 drones across 16 locations in Belgium, Croatia, Slovenia, Germany, Italy, the Netherlands and Switzerland. The Netherlands-based IKEA franchising partner Ingka cooperated with a Zurich-based […]
March 20, 2023
RetailWireSporting goods is increasingly solidifying its position among the “pandemic winners,” with sales for the three major publicly held chains, Dick’s Sporting Goods, Academy Sports and Hibbett Sports, remaining well-above pre-pandemic levels. Sales for the channel surged early in the […]
March 20, 2023
Retail DiveWith its non-grocery brick-and-mortar stores largely in the rear-view mirror, the pandemic-related e-commerce surge abating and legacy retailers catching up, Amazon has entered a new phase. The e-commerce giant’s most high-profile move of this new era so far has been […]
E-payment & Data Security, Tech
March 20, 2023
ChargedMastercard has partnered with a New South Wales Government executive agency (NSW) and online liquor vendor Tipple in Australia to offer a smooth age verification process for customers shopping online. The new programme utilises Mastercard’s existing digital identity service, ID […]
March 17, 2023
RetailWireThe collapse last Friday of Silicon Valley Bank (SVB), which served as the go-to bank for tech startups and venture capital firms, didn’t spare the retail industry. Among those in the retail space impacted: Some Etsy sellers had their payments […]
March 16, 2023
Retail TouchPointsSince OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched — least of all retail. “The advancements in just three months feel like they should have […]
March 16, 2023
RetailWireOnline sales tend to benefit from rainy and windy conditions, although the impact can be positive or negative depending on the geography, according to a new Adobe study. Combining Adobe Analytics’ analysis of website transactions with weather data from IBM’s […]