In a recent third-quarter earnings call, David Simon, CEO of Simon Property Group (SPG), the largest mall owner in the United States, provided a comprehensive overview of the current state and future prospects of brick-and-mortar retail. Despite the growing prominence of eCommerce, Simon emphasized
The relentless march of digital transformation within the retail sector has unlocked groundbreaking capabilities, emphasizing the integration of AI and edge cloud technology. This shift promises both richly personalized customer experiences and the enhancement of operational efficiency. This focus
The retail landscape is evolving rapidly, with consumers increasingly demanding seamless online and offline shopping experiences. This shift is driving the necessity for omnichannel retail, which integrates various sales channels into a cohesive system. By doing so, businesses can offer a
The retail industry is undergoing a rapid transformation, driven by advancements in technology and the lasting impacts of the pandemic on global supply chains, which are pushing retailers to innovate and adapt to changing consumer expectations. To maintain their competitive edge in 2025, retailers
The retail industry is undergoing a profound transformation powered by Big Data analytics. From generating personalized recommendations to making informed strategic decisions, forecasting trends, optimizing pricing, and enhancing customer experience, Big Data is embedded deeply in the retail
The challenge faced by retailers in maintaining compliance with age-restricted product sales is both multifaceted and pressing, particularly on weekends and late-night hours. A comprehensive analysis of more than 200,000 audits conducted by Serve Legal highlights this vulnerability, exposing a
In a bold move to expand its product lineup and tap into the outdoor retail market, Tractor Supply has announced a collaboration with Field & Stream. This partnership aims to offer an expanded range of hunting and outdoor products, both in stores and online. The revival of the Field & Stream brand
With the growth of the resale market showing no signs of slowing, Poshmark has taken an ambitious step to streamline the process for sellers. The secondhand marketplace has recently integrated generative AI into its platform with a new tool called Smart List AI, designed to simplify and expedite
In the rapidly evolving world of e-commerce, maintaining customer satisfaction is becoming increasingly challenging for online retailers, as more consumers demand seamless, personalized shopping experiences. The American Customer Satisfaction Index (ACSI) has recently revealed a concerning trend
Nordstrom has launched the second part of its “Nordstrom for Everything New York” campaign, emphasizing the significance of New York City as a pivotal market for the retailer. This campaign builds on the celebration of the fifth anniversary of Nordstrom's New York flagship store, aiming to
