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How Retailers Can Use AI to Improve Customer Experience and Build Trust
In the U.S., ecommerce spending is estimated to reach $1.7 trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as…
Executive Viewpoints February 16
New Fund Aims to Accelerate Adoption of Reuse and Refill Solutions
Repurpose Global, an organization that brings brand leaders, consumers and policymakers together to combat plastic waste, has launched a $1 million fund to give companies equitable access to reuse and…
News February 15
Starbucks and Bank of America Link Loyalty Programs to Provide Extra Perks
Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. The millions of BoA cardholders and Starbucks Rewards members…
News February 15
Shoe Carnival Strengthens Midwest Footprint with Acquisition of Rogan’s Shoes
With an eye on its goal of becoming the leading family footwear retailer in the U.S., Shoe Carnival has acquired the 53-year-old Rogan’s Shoes for $45 million in cash. The…
News February 15
Foot Locker, JD Sports, Nike do a Full-Court Press for NBA’s All-Star Weekend
With both IRL and virtual events, retailers and brands including Foot Locker, JD Sports, Nike, Jordan Brand and the National Basketball Players’ Association (NBPA) will be making sure the sideline…
News February 15
UPDATE: Farfetch CEO Out as Luxury Brands Including Kering, Neiman Marcus Flee the Platform in Wake of Sale to Coupang
[Update from 2/15/2024] Farfetch Founder and CEO Jose Neves is stepping down and further layoffs are imminent, according to an internal memo viewed by The Business of Fashion. Neves’ departure comes…
News February 15
Party City to Deploy Price Optimization Solution
Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on the solution provider’s Enterprise Intelligence analytics platform. The retailer chose Parker Avery…
News February 15
Skechers Opens 5,000th Store, Aims for 10,000 Total
Skechers has opened store number 5,000, in Bogotá, Colombia, nearly 30 years after opening its first store in Manhattan Beach, Calif. The sports apparel and performance shoe retailer’s first international…
News February 15
Staples Rebrands, Enhances Loyalty Program
Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free to join, is designed to deliver customized savings and benefits based on…
News February 15
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