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How the $160B gift card market can catch up to the...
The following is a guest post from Roy Erez, CEO and co-founder of Loop Commerce. Views are the author's own.
Retail has evolved rapidly over...
E-Commerce
MARKETING
Book Review: Digital Personal Branding by Dario Sipos
This book is an absolute must-read and not just for those starting to build their own brand. This book will help you transform the...
MOBILE
Libra, the cryptocurrency that Facebook would launch at the beginning of...
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.
According to a report by the Financial Times, Libra, the Facebook-led digital...
TECHNOLOGY
Tommy Hilfiger to transition design process to digital
Tommy Hilfiger on Thursday announced it has established STITCH, a tech incubator dedicated to digitizing the company's design process. The company plans to completely transition...
Gartner: 5G will drive 100M people to shop in AR by next year
Brief:
The rollout of high-speed 5G mobile service is set to drive growth of augmented reality shopping to 100 million consumers by next year, researcher Gartner...
Walgreens Boots Alliance’s heavy focus on digitalization to save up to $600M
Dive Brief:
As Walgreens Boots Alliance (WBA) continues its "digitalization" efforts, the company stands to reduce annual IT cash spend by between $500 million and $600...
Investing In Route Planning Software Enhances Efficiency For Transportation Industry
A large European FMCG firm implemented LogiNext Mile’s delivery management software in early 2020. By the end of the year, they managed to get 43% more...
CORPORATE NEWS
GameStop lost $673M last year
GameStop on Tuesday reported that in its fourth quarter, which had one less selling week than the year-ago quarter, total global sales fell 7.6%...
Urban Outfitters announces disappointing holiday sales, group CEO departure
Urban Outfitters, Inc. reported total company net sales for the two months ended December 31, 2020, decreased 8.4 percent over the same period last...
Under Armour faces investigation into accounting practices
Under Armour is under investigation by the Securities and Exchange Commission and the Justice Department over its accounting practices, particularly around whether the retailer...
The government just blocked another razor startup from getting acquired
The Federal Trade Commission announced it would sue to block Proctor & Gamble’s purchase of razor and body care company Billie on December 8th, citing P&G’s...
A new era for Amazon as Jeff Bezos hands over CEO role
In an internal letter to Amazon.com employees yesterday, Jeff Bezos announced that he will be stepping down as chief executive of the company in the third...
TRENDS
Six Numbers That Explain The Fate of Department Stores
Department stores were the 20th century's marvelous shopping destination. Retailers that were filled with varied and often unique merchandise, offering high levels of convenience and...
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Will Self-Checkout Ever Win Over Its Critics?
Self-checkout stations show little signs of slowing their expansion across retail, yet critics only appear to be getting louder.
In a recent article in The Atlantic,...
American Express expands small business perks as it reportedly falls under federal investigation
Dive Brief:
Days before The Wall Street Journal reported federal investigators were looking into American Express' sales to business owners, the company introduced more incentives...
Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices ......
