Retail fails: 6 of the biggest blunders from industry history
Every now and then in retail, decisions turn out so badly that leaders can't even blame the weather. Or "fashion misses."
To be fair, in...
Walmart overtaking Amazon? Not so fast
Purchase frequency and even Prime membership at Amazon is declining, while Walmart is on the rise, according to a consumer study from retail analytics...
AR tops list of tech that makes users view a brand as innovative, study...
Augmented reality (AR) is the most likely technology to make consumers think a brand is innovative, although most cutting-edge tech fall flat, per a...
Amazon to invest $40M in new robotics hub
Amazon on Wednesday announced plans to invest $40 million in a new 350,000-square-foot robotics innovation hub in Westborough, Massachusetts, slated to open in 2021.The new facility,...
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...
Inditex profits take a hit as sales soar
Spanish apparel conglomerate Inditex on Wednesday reported a fiscal year 2018 net sales increase of 3% (7% in local currencies) "to an all-time high"...
Instagram launches in-app checkout with 20 major brands
Instagram on Tuesday announced the closed beta rollout of Checkout on Instagram, a new feature that lets mobile users complete and track purchases without...
The over-under on inventory buying
Forty-three percent of respondents in a recent survey choose "overbuying inventory" as a challenge within their company, and 36% said the same for underbuying....
Cashless bans could hinder Amazon Go expansion
San Francisco lawmakers are considering a proposal to ban cashless stores, including Amazon Go, reports CNBC. New Jersey and Philadelphia have enacted similar bans.The drafters...
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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 ......
