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Amazon expects to make an extra $8.8bn by launching new AI search features in bid to become “product discovery engine”

October 22, 2020

Via: Charged
Category: Others, Tech

Amazon is set to launch a raft of new machine-learning-powered search bar features which it expects will drive more than $8 billion in extra sales. According to leaked internal documents seen by Business Insider, Amazon is investing heavily in becoming […]


United States-bound shipments post strong September numbers, reports Panjiva

October 14, 2020

Category: Suppliers

United States-bound September imports saw significant gains, according to data issued this week by global trade intelligence firm Panjiva. Coming in at 2,711,435 TEU (Twenty-Foot Equivalent Units), September was up 11.1% annually. But on a year-to-date basis, through September 30, […]


5 retailers winning despite the pandemic

October 8, 2020

Category: Retail Trends

The coronavirus pandemic disrupted virtually every segment of the retail industry and created an incomparable sense of uncertainty. Between dealing with both supply and demand issues, an economic downturn and temporary store closures en masse, the effects of the past […]


Suppliers

Retailers face operational, logistical hurdles in pandemic-driven switch to ship from store

October 21, 2020

Via: Retail Dive

Retailers scrambled to change their fulfillment operations as the coronavirus pandemic gripped the country. Stores shut down, and those left open had to figure out a way to get their inventory to online shoppers. In April, Levi’s began increasing its […]


E-commerce, Others, Retail Types, Tech

Google expands visual search in latest shopping push

October 20, 2020

Via: Retail Dive

Google’s various shopping-oriented features are significant to mobile marketers in different ways. For car makers, the AR Autos platform will give them a chance to create 3D and AR renderings of their vehicles to provide a more immersive view of […]


Retail Trends

Holiday Retail 2020 Hangs By A Thread, As Consumers Will Cut Spending 7%, According To Deloitte

October 20, 2020

Via: Forbes

By this time each year, the National Retail Federation (NRF) would be out with its holiday retail forecast. But 2020 has been a year like no other, so NRF begged off making their prediction until November. Comparing the forecasting process […]