In today’s constantly evolving retail market, one of the most pressing challenges is the issue of "zombie SKUs." These are inventory items that remain stagnant, occupying valuable storage space without generating revenue for retailers. Various factors such as returns, the need for r
Simbe, a leading provider of retail automation solutions, recently announced a substantial achievement in securing $50 million in Series C equity financing. This funding milestone was primarily driven by Growth Equity at Goldman Sachs Alternatives, with notable participation from Eclipse, Valo
Temu, the Chinese online retail platform owned by PDD Holdings, is making significant strides to register its operations in Vietnam, creating a buzz in the e-commerce sector of the country. Despite not having an official launch, the app is already accessible to Vietnamese consumers, branding itself
In an era of rapid industry transformation, the retail sector is increasingly turning to data analytics to gain a competitive edge and adapt to constantly shifting consumer expectations. The integration of data analytics into retail operations has become a strategic imperative, enabling businesses
As the Internet of Things (IoT) transitions from nascent technology to mainstream application, its impact on the retail industry becomes increasingly pronounced. With a focus on cellular IoT, connectivity, and future projections, this article delves into how IoT is reshaping retail landscapes. The
E-commerce has swiftly become a cornerstone of the retail world, dramatically changing how consumers shop and how businesses operate. This evolution, driven by convenience and technological advancements, has paved the way for a new era in shopping. The COVID-19 pandemic further accelerated this
In an era where digital commerce rules the retail space, understanding where North Americans prefer to shop online is critical for market analysis. Online retail has become a cornerstone of consumer behavior, influenced by a variety of factors including convenience, pricing, and an ever-expanding
Customers who frequent Aldi stores have recently unearthed an inconvenient truth about their self-checkout systems — discounts and promotions are not automatically applied. This discovery has led to heightened consumer concern, causing some to reevaluate their checkout options. The Discovery: A S
In the ever-competitive world of retail and marketing, finding ways to connect meaningfully with consumers can present significant challenges. Network Digital Marketing (NDM) has successfully carved out a unique niche by focusing on an often under-appreciated group – key workers. This article d
The retail landscape is undergoing a seismic shift with the merger of Glimpse Analytics and Retail Aware, two leaders in retail analytics and customer behavior insights. This strategic alliance, now operating under the Glimpse brand, aims to revolutionize data usage within the sector, delivering
