Latest Retail News, Strategies, & Trends

How AI-Infused Machine Learning Is Radically Changing Brand Localization Strategy

As global markets become increasingly shaped by the emerging on-demand economy, many businesses face the challenge of delivering products and services that are fully translated, personalized and localized for multiple...

Web Site Performance, Supply Chain Readiness Top Retailers’ Black Friday Worries

Thanksgiving is fast approaching, but many retailers remain concerned about their performance going into the holiday season: just 52% said they were very confident in their company's overall readiness for...

AI Can Create $600 Billion In Value For Retailers

Approximately 70% of businesses could be using some form of AI-driven technology by 2030, with the tech expected to bring $30 trillion of value to the global economy by that...

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StoreTours: Pandora Jewelry Unveils New Immersive Store Concept

Ordergroove Names Amperity Veteran Chief Revenue Officer

Ordergroove, a relationship commerce platform, has hired Ralph Robertson as Chief Revenue Officer (CRO). Robertson will leverage his more than two decades of experience building global sales organizations to help...

JCPenney Names New Chief Digital Officer

Karl Walsh, an executive with more than 18 years of e-Commerce expertise, has been named SVP and Chief Digital Officer (CDO) at JCPenney. Walsh, who will report to EVP and...

Michaels Adds Chief Customer Officer Role

Michaels has made several changes to its top leadership team, including appointing Vidya Jwala to the newly created position of Chief Customer Officer. Additionally, Scott Lindblom has been promoted to EVP...

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EBay Sells StubHub For $4.05 Billion

eBay has entered a definitive agreement to sell StubHub to viagogo, a global ticket marketplace for live sports, music and entertainment events, for $4.05 billion in cash. The transaction is...

LVMH To Acquire Tiffany For $16.2 Billion

LVMH has entered into a definitive agreement to acquire Tiffany for $135 per share in cash in a transaction valued at $16.2 billion. The news comes less than a month...

Episerver Acquires 1:1 Personalization Provider Idio

Episerver has signed an agreement to acquire Idio, a content personalization and analytics platform. The acquisition is designed to accelerate the analytics and personalization roadmap for the Episerver Customer-Centric Digital Experience...

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Online Used Car Retailer Vroom Raises $254 Million

Vroom, an ecommerce retailer that offers a way to buy and sell used vehicles, has announced the closing of a $254 million Series H funding round. The round was led...

European Resale Marketplace Vinted Raises $141 Million, Now Valued At $1 Billion

Vinted, a Lithuania-based online peer-to-peer marketplace where individuals sell secondhand apparel, raised $141 million in a funding round that valued the company at more than $1 billion. The e-Commerce business...

Accel Robotics Raises $30 Million To Fund Manufacturing And Deployment Expansion

Accel Robotics, an AI and computer vision solution provider focused on technology for checkout-free stores, has raised $30 million in a Series A round of funding led by SoftBank, with...

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