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
Kevin Plank, the charismatic founder and once-CEO of Under Armour, has returned to the helm of the company at a critical juncture. The organization is grappling with declining revenue, shifting consumer preferences, and fierce competition in the athletic apparel market. Despite a slight positive
Amazon's relentless pursuit of exceptional delivery efficiency has recently marked a significant milestone with the 20th anniversary of its Prime membership service. The e-commerce giant celebrated this occasion by delivering over 9 billion packages globally within one to two days in the past
In an era where online shopping has become a significant part of our lives, Beyond Retail has become a formidable force in transforming the historically brick-and-mortar kitchen and bathroom industry. While once upon a time consumers traditionally preferred to visit physical showrooms to see and
In a significant move to enhance its leadership in the eCommerce sector, Mirakl's acquisition of Adspert has sparked considerable interest and generated discussions about the future of retail media and AI-driven innovations. This strategic acquisition aims to strengthen Mirakl's
Best Buy, a leading player in the electronics retail industry, is poised to introduce a new digital platform, Best Buy Marketplace, this summer. This move marks a return to third-party marketplaces aimed at expanding the company's product assortment to offer a broader range across various
