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Amazon Buys Autonomous Vehicle Designer Zoox
Amazon has confirmed its purchase of Zoox, a company designing self-driving vehicles that are purpose-built for ride-hailing functions. While Amazon did not disclose how much it was paying for the…
News June 26Microsoft Closes All Physical Stores In Pivot To Online Operations
Microsoft will shutter all its physical Microsoft Store locations as part of a “strategic change in its retail operations,” according to a statement from the company. Microsoft will continue investing…
News June 265 Steps For Brands To Optimize Voice Strategies
Brands of all kinds are adopting voice assistants and voice-related technology to try to provide a superior customer experience, but there’s still a disconnect between traditional marketing models and how…
Executive Viewpoints June 26COVID-19 Exposes Which Brands Have Been Slow To Embrace E-Commerce
After safer-at-home mandates and social distancing protocols forced many brick-and-mortar retailers to shut their doors, consumers have redirected their discretionary spending habits away from vacations, dining out and cosmetic extras…
Executive Viewpoints June 26How Allbirds And Supergoop! Seized Growth Opportunities In Post-COVID-19 China
China is receptive to a new wave of American retailers: demand for imported goods is on the rise due to COVID-19 travel restrictions, and even consumers in the less developed…
Features June 2617 Retail Businesses Win 2020 Brand Experience Awards
Experience is everything in the new era of retail. But which retail and direct-to-consumer (DTC) brands are winning customer attention and affection across all stages of the shopping journey? The…
News June 25Amazon Launches Global Anti-Counterfeiting Team
Amazon has unveiled its Counterfeit Crimes Unit, a global, multi-disciplinary team that includes former federal prosecutors, experienced investigators and data analysts. The negative impacts of counterfeiting are high: counterfeit products…
News June 25Target Adds 750 Grocery Items To BOPIS Offerings
Target is adding 750 fresh and frozen grocery items to its order pickup and drive-up services across the country. The expanded assortment will launch in the Midwest, reaching 400 stores…
News June 25Macy’s Cuts 3,900 Corporate Jobs In Cost Restructuring Effort
Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately $365 million in fiscal 2020 and $630 million…
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