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AI Guidebook for Retailers Ahead of the 2021 Holiday Season
The modern retailing industry never sleeps. After an incredibly unique and demanding back-to-school season, retailers now must quickly shift gears and lock in their holiday strategies as well. Unfortunately, during…
Executive Viewpoints October 29Walmart and Gap Expand Partnership to Launch a Furniture Line
Walmart and Gap are deepening their relationship with the launch of Gap Home Furniture, a collection of more than 150 items including couches, ottomans, TV stands, headboards and rugs. The…
News October 29Brand Building in the Age of Values-Driven Retail: 5 Secrets from DTC Leaders
Myriad studies have pointed to the rise of “conscious consumers” or “values-driven consumers.” But as the market of sustainable, ethical and socially conscious goods continues to expand, brand leaders are realizing they need to find…
Features October 29Zuckerberg 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 29AI-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 29NRF 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 28Starbucks 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 28Rent 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 28Amid 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…
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