June 1, 2023
Via: Retail TouchPointsRetailers never get a rest: there’s always a new digital advertising platform to master. Today, NFT campaigns are the emerging medium. Though standards are scarce, fraud is rife and big wins are few, many retail brands have already tested the […]
June 1, 2023
Via: RetailWireThe rise of remote working presents opportunities for local retail but may require adjustments to new shopping behaviors. For c-stores, for instance, fewer workers heading back and forth from work is negatively impacting both the breakfast daypart (6 a.m. to […]
May 30, 2023
Via: Retail TouchPointsThe back-to-school (BTS) season, which had traditionally been confined to August and early September, has been expanding as its boundaries have blurred. In 2022, a National Retail Federation/Prosper Insights and Analytics survey indicated that 56% of consumers had started their […]
May 25, 2023
Via: Retail DiveTarget on Wednesday said it is pulling some items designed for Pride Month, following incidents in stores that put store workers at risk. The mass merchant said that for more than a decade it has offered an assortment of products […]
May 24, 2023
Via: Retail DiveIf the last few years have taught retailers anything, it’s how to remain resilient in a disruptive economic environment. The path forward will not be simple, but our goal at Google is to help retailers and brands navigate uncertainty. As […]
May 17, 2023
Via: RIS NewsThe U.S. Senate Judiciary Committee Subcommittee on Privacy, Technology and the Law hosted a hearing exploring the oversight of artificial intelligence (AI) on Tuesday. The hearing, “Oversight of A.I.: Rules for Artificial Intelligence,” was the first in a series of […]
May 17, 2023
Via: Retail TouchPointsThe economic fallout from the pandemic has had a profound impact on the labor market and society. Worker shortages across industries have created a challenging scenario for countless businesses as they rush to fill job vacancies while still ensuring the […]
May 16, 2023
Via: SCMR EditorialUnited States April retail sales showed gains, according to data respectively issued by the U.S. Department of Commerce’s U.S. Census Bureau and the National Retail Federation (NRF). Commerce reported that April retail sales—at $686.1 billion—were up 0.4% compared to March […]
May 16, 2023
Via: Retail TouchPointsWith the proliferation of retail media properties, it’s beginning to feel like the digital economy is producing walled gardens faster than baby rabbits. This is actually a healthy development. These walled gardens don’t necessarily carry the baggage of the big […]
May 15, 2023
Via: Retail DiveRetailers know that increasing online sales is essential to their growth. (It’s projected that by 2026, e-commerce will make up nearly a quarter of total global retail sales.) But certain pain points and challenges in the online retail space hold […]
May 11, 2023
Via: Retail TouchPointsOnce the dust had settled from a strong holiday sales season, it was back to reality in the retail sector. For many retail enterprises, that means finding creative ways to counter the elevated risks they face as a result of […]
May 10, 2023
Via: RetailWireThe nation’s largest retailers are calling on Congress and the Biden administration to quickly hash out a deal on the national debt limit and avoid having the U.S. fall into default. “Retailers have managed their way through demand shocks, workforce […]
May 9, 2023
Via: RetailWireRetailers operating in the suburbs have benefited from the remote work trend that began when the novel coronavirus pandemic began in 2020. That has led retailers with stores in city business districts to look for space in the suburbs. Foot […]
May 5, 2023
Via: RetailWirePreparation is critical when bringing a product to market or introducing it to a retailer—especially considering that most new products fail. For retailers, there are certain manufacturers that simply stand out from the crowd. Here are several factors that successful […]
May 4, 2023
Via: ChargedUK fashion retailer Next kept its annual profit guidance despite reporting a smaller decline in first-quarter sales than it expected. Full price sales slipped 0.7% in the 13 weeks to April 29, outperforming its guidance for a 2% fall. The […]
May 2, 2023
Via: Retail TouchPointsAs National Small Business Month kicks off, some of the biggest names in U.S. commerce — including Walmart, Amazon and Meta — are touting how they support SMBs and introducing new tools and services to help them survive and thrive. […]
May 2, 2023
Via: RetailWireAn associate at a Gucci store in Los Angeles was recently fired for unboxing everything the luxury store gave her on her first day of work on TikTok and joking about keeping the loot and not returning to work. Her […]
May 1, 2023
Via: RIS NewsOver the past several years, the American public has witnessed several massive supply chain disruptions, with many consumer products we often take for granted vanishing before our very eyes. Electronics at big retail stores. Toilet paper for consumers. Even ketchup […]
May 1, 2023
Via: Retail TouchPointsFollowing a year of significant pull-back in 2022, venture capital (VC) and growth investors in private companies are continuing to be cautious with their money — a potentially long-term trend that’s impacting the growth trajectories of both emerging and high-growth […]
May 1, 2023
Via: Retail DiveThe retail industry is reshaping the shopping experience in 2023, redefining not only how we shop and sell, but where we shop and what we buy (a mimosa while shopping, anyone?). The cutting-edge retail trends below are guiding each step […]