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Zuckerberg Emphasizes Marketplaces and the Metaverse as he Pivots Facebook to a Younger Audience

[Editors’ Note: This story was originally published on Oct. 26. On Oct. 28, Zuckerberg followed up on the announcement covered in this article with the news that the larger Facebook…

News October 29

AI-Powered Chatbots: How the Pandemic Fueled Innovation

There was a time when automation in the retail space meant autonomous point-of-sale checkouts, and chatbots were reserved solely for the ecommerce ecosystem. Opportunities were seldom explored across the retail…

Executive Viewpoints October 29

NRF Predicts Record-Breaking Holiday Sales Despite Inventory Issues

Consumer purchasing power from growing income and household wealth will lead to record-breaking holiday sales this year, according to predictions from the National Retail Federation. Gift buyers are expected to…

News October 28

Starbucks to Raise Average Hourly Pay to $17 Per Hour in Summer 2022

Starbucks is boosting pay for its associates to some of the highest levels in the retail industry, with a new range of $15 to $23 per hour for baristas starting…

News October 28
Rent the Runway IPO

Rent the Runway Stock Dips on First Day of Trading

Rent the Runway joined the growing slate of digital-native retail startups to go public on Oct. 27, listing on the NASDAQ under the ticker symbol “RENT.” But despite a strong…

News October 28
Resale holiday 2021 supply chain

Amid Supply Chain Woes, One Area of Retail Has a Product Glut — Resale

While most retailers are struggling to deal with product delays and shortages this holiday season, one retail sector has a seemingly unlimited supply of goods – resale. New research from…

News October 28

Sustainable Development in Retail: Measuring What Matters

Sustainability matters to the modern consumer to a far greater degree than most retailers are willing to admit. As global connectivity continues to rise, generational shifts are coming to play…

Executive Viewpoints October 28

Hitachi Vantara Offers Retailers Lidar-Based Grab-and-Go Self-Checkout

Hitachi Vantara has launched the Grab-N-Walk Out solution, which is designed to help customers take want they want, pay and leave with minimal friction. The store automation solution can help…

News October 28
IKEA-store

IKEA Planning Studio Concept Heads West With Two Los Angeles Stores

IKEA will expand options for urban customers on the West Coast with two planning studios in the Los Angeles area set to open in spring 2022: one in Long Beach…

News October 27
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