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IKEA Creates Unit To Develop Smart Home-Enabled Products
IKEA will create an “IKEA Home Smart” business unit to develop smart home tech as a source of revenue for the company. The retailer will make significant investments in the…
News August 19Exclusive Q&A: Can Happy Returns Defuse Online’s ‘Ticking Time Bomb’?
It’s certainly understandable that more than one industry expert has referred to returns as the “ticking time bomb” of e-Commerce. For retailers, returns create a host of challenges — including…
Features August 19Target Launches Health-Conscious Private Label Grocery Brand
Target is making perhaps its biggest push yet into private label by launching a flagship grocery brand. The new line, Good & Gather, will be Target’s largest in-house brand across…
News August 19Nudge Rewards Fuels Team Growth With $9.3 Million Investment
Nudge Rewards has closed a $9.3 million growth round, led by Jump Capital with support from existing investors. The funding, which brings the solution provider’s total financing to over $15…
News August 19Banana Republic Introduces ‘Style Passport’ Subscription, But Will It Draw Shoppers?
Following in the recent footsteps of Bloomingdale’s and Urban Outfitters, Gap Inc.’s Banana Republic is offering a subscription service for women’s apparel. The service, called “Style Passport,” costs $85 per…
News August 19The 4 Reasons Your Customers Are Leaving Your Site And Ditching Their Shopping Carts
By Casey Bullock, FIS Online shopping surpassed in-store sales in the U.S. for the first time in history this past February, signifying changing tides for the world of retail and…
Executive Viewpoints August 19The Greatest Threat To Retail Security: Your Employees
Today, most employees know emails from the “Nigerian prince” are fake, but a new threat — emails that mimic a coworker or CEO — is much harder to detect. An…
Executive Viewpoints August 19Driving Retail Appeal Across Generations Takes More Than Just New Tech
While technology can be beneficial to the in-store experience, it’s easy for retailers to be over-enthusiastic about their customers’ appetite for the latest leading-edge invention. For instance, 79% of retail…
News August 19Report: Alibaba Acquires Kaola For $2 Billion
Alibaba Group has agreed to pay $2 billion in cash to acquire fellow Chinese cross-border e-Commerce platform NetEase Kaola, according to a report from Caixin Global. Kaola, owned by NetEase Inc.,…
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