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5 Lessons from the Bob’s Stores Bankruptcy

New England clothing retailer Bob’s Stores is shutting its doors for good. The retailer filed for Chapter 11 bankruptcy in June and was unable to secure the necessary financing to…

Executive Viewpoints August 2
Alibaba executives and former Olympians discuss the new business accelerator partnership with the IOC.

How Alibaba is Helping Olympians ‘Bridge the Divide Between Sportsmanship and Entrepreneurship’

For two and a half weeks, the eyes of the world are turned to Paris for the latest iteration of the Summer Olympic Games. As always, the international event has…

Features August 2

Walmart Realm Debuts Gamified Virtual Dorm Rooms

Walmart Realm, the virtual experience that the retailer introduced in May 2024, has expanded into dorm room decoration just in time for the back-to-school season. College students can explore and…

News August 1
Online marketplace Mercari is connecting its U.S. and Japan websites.

Mercari Connects U.S. Marketplace to Sellers in Japan, Opens First Store in LA

Peer-to-peer resale marketplace Mercari has opened its U.S. platform to sellers from Japan and also has opened its first-ever physical store, on Melrose Avenue in Los Angeles. The Mercari on Melrose…

News August 1

Family Dollar Seeks to Optimize Customer-Centric Assortments

Family Dollar has partnered with First Insight to refine its merchandise assortment strategy using the solution’s predictive analytics and actionable data. The deployment is designed to reduce the risk of…

News August 1

The ‘Real Genius’ of Using AI to Combat Sweepstakes Fraud

In the 1985 sci-fi comedy Real Genius, we meet Lazlo Hollyfeld, a former engineering student who spends his days trying to game a Frito-Lay prize giveaway that advertises: “enter as…

Executive Viewpoints August 1

Amazon Seeks to Boost Just Walk Out Accuracy with AI-Powered Model

Amazon’s newly AI-powered Just Walk Out (JWO) system can now simultaneously process data from multiple sources, including overhead cameras, weight sensors on shelves and RFID, to more accurately connect products…

News July 31

Etsy to Beta Test Loyalty Program

In mid-September, Etsy will launch a closed beta test of Etsy Insider, the marketplace’s new buyer loyalty program. Select U.S. buyers will be able to take advantage of benefits including…

News July 31

Albertsons to Expand Instacart Pickup Services, Add 30-Minute Deliveries

By the end of August 2024, Albertsons will offer free buy online, pick up in-store services at more than 2,000 supermarkets to Instacart shoppers. Additionally, customers of Haggen Food &…

News July 31
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