Retail
The integration of virtual and augmented reality, the rise of digital fashion, and brands building their metaverse cities—this page covers the trends and news that will influence the future of retail.
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https://www.digitalcommerce360.com/2024/04/30/univision-launches-shoppable-tv-for-award-show-viewers/
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Digitalcommerce360
The media and content company will be the exclusive Spanish-language partner of Shopsense, the companies said. Shopsense works by presenting viewers with shoppable collections of items featured in the content they're watching, curated by artificial intelligence (AI). Univision will display Shopsense's retail media platform to viewers during major events, including the Latin American Music Awards.
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https://www.theportugalnews.com/news/2024-05-13/exploring-inventory-accounting-in-retail-2024/88781
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Theportugalnews
By Advertiser,
in Business ·
13 May 2024, 17:01
· 0 Comments
AI-enabled supply chain management has empowered businesses to enhance their logistics costs by 15%, inventory levels by 35% - and improve service levels by 65% - when compared to their less agile competitors; this statistic...
in Business ·
13 May 2024, 17:01
· 0 Comments
AI-enabled supply chain management has empowered businesses to enhance their logistics costs by 15%, inventory levels by 35% - and improve service levels by 65% - when compared to their less agile competitors; this statistic...
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https://www.prweb.com/releases/fossil-partners-with-ai-e-commerce-company-metrical-to-boost-revenue-and-maintain-margins-302235789.html
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Prweb
"Protecting Margin is really important to Fossil, and Metrical has been a terrific partner in finding ways to use AI to accelerate e-commerce revenue, while ensuring we're not chipping away at profitability," said Matthew Austin, VP, Global Ecommerce, Fossil.
Post this
Metrical...
Post this
Metrical...
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https://retailtechinnovationhub.com/home/2024/6/26/retail-technology-that-helped-new-look-beat-asos-wins-best-search-software-tool-of-2024-gong
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Retailtechinnovationhub
Nick Ormerod, Director of E-commerce at New Look, says: "We have been using MediaVision's Metis platform for the last three years.""Metis Accelerate enables us to quickly respond to the rapidly changing market by allowing us to create unlimited product categories, giving us the ability to react...
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https://www.marketingdive.com/news/walmart-first-party-data-ventures-digital-landscapes-solution/717915/
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Marketingdive
Walmart Data Ventures announced the beta launch of a self-serve insights solution inside its Walmart Luminate platform called Digital Landscapes that enables suppliers to track online shopper behavior before a purchase, per a press release. Users can analyze engagement trends and tracking sources that are driving traffic, including searches on Walmart.com and the Walmart mobile app as well as search engines and social platforms. The beta will launch on June 5 with general availability to follow later this summer.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://kraneshares.com/top-trends-driving-global-luxury-overview-of-our-conversation-with-clsas-chris-gao/
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Kraneshares
Few analysts understand the nuances of the luxury sector like CLSA's Chris Gao. On her recent trip to the U.from Hong Kong, Chris visited our New York City office to join KraneShares CIO Brendan Ahern on a webinar discussing her independent research and key drivers for the global luxury market. We have summarized the key highlights of the discussion and provided the video replay below.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.heinzmarketing.com/blog/decoding-the-customer-journey-a-guide-to-effective-marketing-attribution-pt-3/
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Heinzmarketing
SummaryCrafting a sustainable attribution strategy is essential for businesses in today's competitive digital landscape. It involves defining clear goals, selecting key metrics, and understanding the customer journey. By implementing appropriate attribution models, robust tracking tools, and...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://technode.com/2024/02/22/douyin-joins-low-price-competition-against-e-commerce-peers/
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Technode
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COUNTRY FORECASTS
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https://www.fool.com/investing/2024/01/23/why-att-stock-was-moving-higher-today/?source=financialcontent
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Fool
Shares of AT&T (T 2.32%) were gaining today, even though there was no major news out on the stock. Instead, shares were rising along with rival Verizon (VZ 6.70%), which delivered strong earnings results this morning. AT&T is due to report its fourth-quarter earnings report tomorrow.
While the...
While the...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://qz.com/adobe-buy-now-pay-later-e-commerce-1851465139
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Qz
Persistent inflation has forced shoppers to look for cheaper goods. In some cases, that has meant paying off items in small increments. And for the e-commerce industry, that has been a billion-dollar opportunity.According to Adobe Analytics data, consumers are continuing to embrace the option of...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://fitsmallbusiness.com/shopify-statistics/
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Fitsmallbusiness
Shopify is a popular ecommerce platform—so much so that it is becoming a household name. Over 8 million websites are powered by Shopify worldwide, and it has the largest ecommerce platform market share in the US.
Below, we offer an overview of Shopify, essential sales and usage statistics,...
Below, we offer an overview of Shopify, essential sales and usage statistics,...
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https://advanced-television.com/2024/08/13/survey-66-marketers-plan-to-increase-social-media-spend/
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Advanced-television
According to Mediaocean's upcoming 2024 H2 Market Report, social media, digital display/video and Connected TV (CTV) are still the fastest growing channels, seeing a steady increase in investment that matches consumer engagement and time spent.
In H2 2024, 66 per cent of survey-takers said they...
In H2 2024, 66 per cent of survey-takers said they...
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https://www.businesstimes.com.sg/international/vietnam-e-commerce-platform-sendo-shoots-profits-online-grocery-amid-stiff-competition
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Businesstimes
[HO CHI MINH CITY] Facing stiff competition from well-capitalised regional marketplaces Shopee, TikTok Shop and Lazada, many of Vietnam's e-commerce players have been forced to differentiate their offerings and focus on segments that general platforms often leave aside. For Sendo - a company founded in 2012 as part of Vietnam's largest IT services company, FPT Corporation - its future growth and profitability lie in the realm of online grocery.
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https://www.channelnewsasia.com/east-asia/china-lifelike-silicone-face-masks-crime-security-privacy-concerns-4460391
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Channelnewsasia
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https://www.ibtimes.com/amazon-labor-union-affiliate-teamsters-amid-battle-e-commerce-giant-3733676
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Ibtimes
The Amazon Labor Union (ALU) is set to affiliate with the International Brotherhood of Teamsters in the hopes of strengthening its force and finally establishing a contract with the e-commerce giant Amazon.The ALU is a group consisting of current and former workers, and considered as the first...
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https://www.westcoasttoday.co.uk/news/artificial-intelligence-earns-campbeltown-airport-operator-an-industry-award
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Westcoasttoday
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https://seekingalpha.com/article/4705715-abercrombie-and-fitch-retail-rocket-ship-continues-to-defy-gravity?source=feed_all_articles
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Seekingalpha
anouchka/iStock Unreleased via Getty Images Abercrombie: Defying Gravity With Its Turnaround Abercrombie & Fitch Co. (NYSE:ANF) is a leading retail lifestyle company that has transformed its playbook from primarily focusing on teens to Millennials. ANF has also expanded from its mainly male...
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https://www.miamitimesonline.com/business/retail-apocalypse-occurring-with-3-200-store-closures/article_255d9798-2d89-11ef-8d89-4b07feade5c5.html
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Miamitimesonline
Some 3,200 brick-and-mortar stores, including many in Florida, have closed so far this year, and more are expected to close through the remainder of the year, according to a new analysis.Retail data provider CoreSight noted a 24 percent increase in store closures over last year as the retail...
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https://theconversation.com/artificial-intelligence-is-poised-to-radically-disrupt-the-fashion-industry-landscape-226211
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Theconversation
Fashion is a dynamic business. Most apparel brands make at least two to four collections per year. While selling current seasonal collections, brands plan for the next ones at least a year in advance, identifying market trends and materials. The selling window is around three months, and unsold inventories represent financial loss.
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https://economictimes.indiatimes.com/industry/cons-products/electronics/retailers-and-ecommerce-firms-clash-over-festive-season-discounts/articleshow/113040142.cms
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Economictimes
Kolkata: The rivalry between traditional retail stores and ecommerce firms has reignited ahead of festivity.Nearly 158,000 electronics and mobile phone retailers have jointly written to top manufacturers, saying several prominent brands are favouring ecommerce channels over offline retail. The...
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https://www.webdesignbooth.com/the-neuromarketing-method-of-marketing-research-uses/
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Webdesignbooth
Envision the power of comprehending your customers' mental journey when they encounter your product, advert, or service. Neuromarketing provides a compelling perspective for this concept. This trailblazing field blends neuroscience and marketing research to gain deep insights into consumer...
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https://economictimes.indiatimes.com/industry/cons-products/electronics/how-pai-international-electronics-limited-is-pioneering-the-future-of-electronics-retail-with-seamless-digital-and-in-person-shopping-experiences/articleshow/107241244.cms
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Economictimes
As digital convenience continues to transform shopping habits, Pai International Electronics Limited stands at the vanguard of revolutionising the electronics and appliance retail industry. In this modern age, where online marketplaces are favoured for their extensive selections and competitive...