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The New AI Frontier in Retail: Data-Scarce Demand Forecasting
As Accenture notes, the retail industry is quickly reaching the peak of the AI hype curve, as 86% of retailers are experimenting with it to forge new paths to growth.…
Executive Viewpoints June 17Purina Pilots Interactive Endcaps in Pet Aisles of 200 Supermarkets
Seeking to provide the same depth of product information that’s available online in a brick-and-mortar environment, Purina has partnered with Perch to create interactive endcaps in the pet sections of…
News June 17How Resale, Sustainability and its 3,300 Stores Support Goodwill’s Key Mission — Jobs
In 1902, Reverend Edgar Helms began collecting used goods that were being discarded in wealthy Boston neighborhoods and redistributing them to people in need. Helms quickly realized that by employing…
Features June 17Hudson’s Bay Goes After Millennials/Gen Z via Forever 21 Partnership
Hudson’s Bay is betting that attracting younger Gen Z and millennial shoppers will be essential for staying relevant and reinventing the department store category. The retailer and Forever 21, working…
News June 16Starbucks Promotes Three Leaders to Develop Sustainable Long-Term Growth
Starbucks has made several leadership appointments, including promoting John Culver to Group President, North America and COO, effective June 28, 2021. He has been with the company since 2002 and…
News June 16LVMH Partners with Google Cloud to Implement AI/ML Optimizations Across its Brands
LVMH has teamed up with Google Cloud to implement new cloud-based AI solutions designed to power innovations and optimizations across the luxury conglomerate’s brands, or “Maisons.” The retailer said that…
News June 16CMO Council: Marketers Move Further into the Sales Game, Boosting Revenue Opportunities — and Challenges
The importance of top-of-funnel marketing is growing as shoppers become better informed and more likely to do their own research. After all, the brand that gets in front of the…
Features June 16M&A Mechanics: Understanding Ecommerce Acquisitions Process
There are myriad resources available to entrepreneurs when it comes to growing and scaling start-up ventures. However, even the most seasoned veteran may not fully grasp the complexities of selling…
Executive Viewpoints June 16Boxed Merges With Seven Oaks Acquisition to Go Public in Deal Valuing the Company at $900 Million
Online grocery shopping platform Boxed and Seven Oaks Acquisition Corp. have agreed to a merger that will turn Boxed into a publicly traded company. Under the terms of the transaction,…
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