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Google Aims to ‘Supercharge’ Shopping with Generative AI-Enhanced Search
As the CEO of ChatGPT developer OpenAI prepares to testify before the U.S. Senate next week about potential regulation surrounding generative AI, Google leaned into the tech at its annual…
Features May 113 Different Paths to Resale Profitability
Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators are struggling to make ends meet. This dilemma…
Features May 11Rokt Adds New Revenue Opportunities With Payment-Related Offers at Checkout
Machine learning-powered ecommerce payments provider Rokt has launched Rokt Payments Marketplace. The tool is designed to enable ecommerce businesses to unlock a new revenue stream on their payment page by…
News May 11Three Big Opportunities for Retail Enterprises in 2023 — and How to Capitalize on Them
Once the dust had settled from a strong holiday sales season, it was back to reality in the retail sector. For many retail enterprises, that means finding creative ways to…
Executive Viewpoints May 11UFCW Officially Votes to Oppose Kroger and Albertsons Merger
The United Food and Commercial Workers International Union (UFCW) has officially announced that delegates representing 1.3 million of its members unanimously voted to officially oppose mergers, including the proposed $24.6…
News May 10Tempur Sealy Buys Mattress Firm in $4B Deal
Tempur Sealy International will acquire Mattress Firm Group in a $4 billion cash and stock transaction, creating a company with a global footprint of approximately 3,000 stores, 30 ecommerce platforms,…
News May 10Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management
The senior management team of Franchise Group, led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. Riley Financial and Irradiant Partners, have agreed to acquire approximately…
News May 10Shoppers Seeking Comfort and Self-Expression Will Smash the Piggy Bank for a Splurge Purchase
Shoppers are cutting back in the aggregate as they brace themselves for economic headwinds, so the conventional wisdom is that unnecessary “splurge” purchases are on hold. But Deloitte’s For Consumers,…
Features May 10CPG Brands: Leverage Shipper Intelligence Technology Amid Supply Chain Challenges
For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave…
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