Lightspeed Commerce Inc. has unveiled its latest technological innovation, Retail Insights, designed to enhance the capabilities of retailers worldwide. This new AI-powered tool aims to revolutionize inventory management and sales forecasting by providing data-driven insights that optimize
Tesco, one of the world's largest retail chains, has taken a monumental step towards enhancing sustainability by introducing Digital Product Passports (DPPs) for its F&F clothing line. This pioneering move aims to provide comprehensive details about each garment, including its material composition,
The retail industry is undergoing a significant transformation, driven by rapid advancements in artificial intelligence (AI) technology. From optimizing pricing strategies to enhancing the overall customer experience, AI is revolutionizing how retailers operate and interact with consumers. This
The Chosunilbo's recent editorial sheds light on the growing controversy surrounding harmful products on Chinese distribution platforms, advocating for bolstering Korea's domestic retail sector as an alternative. The editorial criticizes the impracticality of regulating the trend of direct overseas
In a move that could potentially become London's largest listing in over a decade, Shein has made a confidential filing with UK regulators for a possible Initial Public Offering (IPO) in London, expected to be valued at approximately £50 billion ($63 billion). However, this plan remains subject to
In a testament to robust consumer spending, retail giant Next has reported a remarkable performance in its first quarter. The company's full-price sales increased by an impressive 5.7% over the 13-week period ending on April 27, exceeding the previously guided 5% growth. This marks the seventh
