In a surprising turn of events, the anticipated merger between luxury brands Capri Holdings and Tapestry was called off due to lingering concerns over regulatory approvals. The decision came after a federal judge issued an injunction in late October, reflecting the Federal Trade Commission’s (FTC)
Despite the convenience and rise of digital shopping, a staggering 90% of consumers still prefer visiting physical stores when making purchases. This preference for in-store shopping presents traditional retailers with unique challenges, especially in the realm of data collection and analysis,
The UK retail landscape is undergoing a significant transformation as consumers increasingly turn to international e-commerce platforms. With approximately 33% of UK consumers now frequently shopping from overseas online retailers, domestic businesses are under growing pressure to adapt. This trend
The retail industry is undergoing a significant transformation driven by the integration of artificial intelligence. Retailers, both online and brick-and-mortar, are leveraging AI technologies to enhance customer experiences and streamline operations. As retailers accumulate vast amounts of data
The annual Singles’ Day shopping festival, celebrated on November 11, has long been a cornerstone of consumerism in China, boasting massive discounts and record-breaking sales that entice millions of shoppers. Initiated by Alibaba in 2009, the event, also known as "Double 11," has seen
In the first half of 2024, an alarming 4.6% of all attempted digital transactions involving consumers in Kenya were flagged as suspected digital fraud, positioning the country as tenth among 19 regions globally analyzed by TransUnion. The TransUnion ## 2024 Update to the State of Omnichannel Fraud
The holiday season presents a unique set of challenges for retailers, demanding that they prepare their supply chains to manage increased demand while ensuring customer satisfaction. Survey data from Manhattan Associates reveals that 61% of retailers have made significant investments in new
In a move set to revolutionize how creators monetize their content, Target products will now be integrated into Linktree, a platform widely used by influencers to streamline and optimize their recommendations through organized landing pages. This expansion opens up significant revenue opportunities
The integration of gStore, GreyOrange's AI-driven warehouse automation software, into the Google Cloud Marketplace signifies a revolutionary advancement for retail operations. Designed as a software as a service (SaaS) application, gStore is specifically tailored to aid retailers in managing
The growing popularity of 10-minute grocery delivery services in Visakhapatnam is rapidly disrupting the traditional retail landscape through the unprecedented convenience and speed offered to consumers. These services promise to deliver groceries within an astonishing six to ten minutes, a feat
