Recent analysis reveals that while 32 percent of customers visit manufacturers’ websites during their purchase journey, only 1.6 percent make an e-commerce purchase from them. As a result, it is no surprise that 80 percent of companies in the appliance…
As the pandemic unfolded, there was a daunting challenge for retail to move digital, with a long list of problems to address. Now we have returned to some sense of normality, the industry has recognised that consumers’ shopping needs have…
Amazon has unveiled a new initiative which will allow sellers to expand their businesses to nine European stores.The automated expansion solution eliminates the need for sellers to navigate several different tools and reduce the time it takes to expand their…
Decentralized finance has grown exponentially over the past few years, with the total value locked in DeFi protocols reaching over $200 billion at its peak. Read more in beincrypto Could DeFi Protocols Spell the End of Retail Banks? By By…
Despite the growth of online shopping and e-commerce, physical retail stores are not going away anytime soon. In fact, there are several reasons why they will continue to be an essential part of the retail landscape. Read more in wavhub…
Operational complexity, low margins and the eagerness to please hard-to-please consumers makes retail an ideal industry for marketing new technologies, both practical and fanciful. Read more in Retail Dive 5 tech revolutions that haven’t happened (at least not yet) By…
In Vericast’s recent report — 2022 Retail TrendWatch — we uncovered insight from 1,840 consumers and 268 home retailers. Consumers provided their thoughts on spending priorities and buying outlook for 2022, while retailers shared their two cents on the biggest marketing…
Amazon under new CEO Andy Jassy this year, the company shuttered most of its non-grocery physical stores. The company also canceled or postponed dozens of warehouses planned in an expensive expansion of its fulfillment capacity. Read more in retaildive Is…
Delivering on its promise from last November, Amazon announced on Tuesday that it will start accepting Venmo — a peer-to-peer digital wallet app — as a payment method for U.S. customers, according to a company press release. Find out more…
As part of the expanded partnership with Apple, Target is including four free months of Apple Fitness+, the tech company’s subscription app that includes workout videos and audio, with its Target Circle loyalty program. Read more in retaildive Target triples…
