1. Technology & Innovation

How Spotify Helped Abercrombie & Fitch Drive True Digital Transformation 

Digital transformation is on pretty much every retailer’s to-do list these days. If it wasn’t deemed a priority before the pandemic, it most certainly is now with digital behaviors bred in lockdown now firmly entrenched.   But like most buzzwords, there are many misconceptions about what digital transformation is, which is why Samir Desai, Chief […]
3 min read
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  1. Trends & External Forces

What Fighting Digital Commerce Fraud has in Common with Maslow’s Hierarchy of Needs 

Online fraud cost digital commerce merchants $27 billion in 2021, so it’s no surprise that retailers have redoubled their focus on eliminating these threats. Fraudsters are getting more sophisticated and are using a variety of tactics, such as identity theft, chargeback fraud, “silent” fraud, account takeovers and “pharming,” complicating organizations’ ability to detect these incidents. […]
4 min read
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  1. Media & Marketing

Amazon buys Roomba’s maker, Bolt vanishes, and YC slims down

Hello again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories to cross TechCrunch dot-com over the past seven days. Want it in your inbox? Get it here. The most read story this week is kind of a wild one: Bolt Mobility, an on-demand bike/scooter rental company co-founded by […]
2 min read
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  1. Shopper & Customer

NRF: Electronics and Demographic Changes Drive Back-to-School Spending Trends

The 2022 back-to-school season will likely avoid being negatively impacted by the weight of inflation, according to data from the National Retail Federation (NRF) presented at its 2022 Back-to-School Trends webinar. Changing demographics and the lingering impact of COVID-19 will have a bigger effect, but the overall results are expected to be on par with […]
3 min read
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  1. Technology & Innovation

Venture investors to founders: Turn down for what?

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Gumroad’s Sahil Lavingia broke into the venture world as one of the early testers of the rolling fund, an AngelList product that allows investors to raise capital on a subscription-like basis. That […]
5 min read
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  1. Technology & Innovation

Nike to offer employees $5,000 for tech referrals as it struggles to keep hold of talent

Nike has started to offer employees bonuses of up to $5,000 for referring new tech workers, while it grapples with internal turmoil and top talent leaving their positions. The sportswear… The post Nike to offer employees $5,000 for tech referrals as it struggles to keep hold of talent appeared first on Latest Retail Technology News […]
< 1 min read
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  1. Corporate Strategy

Bazaarvoice appoints former Shopify executive as CTO

Bazaarvoice has appointed former Shopify VP Colin Bodell as its new chief technology officer. Bodell has more than 25 years of experience in the technology industry, but has been especially… The post Bazaarvoice appoints former Shopify executive as CTO appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Five strategies for an international wholesale e-commerce business

With the Covid-19 pandemic disrupting the global marketplace, a significant opportunity for e-commerce showed up. In the past few years, the space experienced epic growth because online shopping became a necessity for most customers, as stores and shops worldwide were forced to shut down during the quarantine. Thanks to the explosive growth of e-commerce, the […]
4 min read
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  1. Channel: Mass

Yes, Walmart’s Relevance is Big, Small, Customer Focused

One foodservice clue that time and time again continues to resurface is “the consumer is dynamic not static”.  Steven JohnsonGrocerant Guru® at Tacoma, WA based Foodservice Solutions® insist is “successful companies that focus on customer pain point, provide solutions, win time and time again. You are going to love reading how Walmart the retail behemoth […]
3 min read
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  1. Technology & Innovation

Amazon Bolsters Smart Home Product Lineup with $1.7B iRobot Acquisition

Amazon has agreed to acquire robot manufacturer iRobot for approximately $1.7 billion. Best known for its automated Roomba vacuum, iRobot produces a full suite of intelligent robotic devices for cleaning, mapping and navigation. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and […]
2 min read
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  1. Channel: Ecommerce & Digital

Amazon warehouse workers in UK walk out after receiving a raise

Amazon.com warehouse workers in the UK walked off the job after learning that they were going to receive a pay raise of 43 cents an hour and not the $1.20 they were expecting. David Nierberg, an Amazon spokesperson, said, “Employees are offered a comprehensive benefits package that includes private medical insurance, life assurance, income protection, […]
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  1. Channel: Ecommerce & Digital

Amazon unveils first Irish fulfilment centre in Dublin

Amazon has opened its first Irish warehouse in Dublin, with the site expected to create 500 jobs. The ecommerce giant confirmed that the fulfilment centre, located at Baldonnell Business Park,… The post Amazon unveils first Irish fulfilment centre in Dublin appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Merchandising

Raymour & Flanigan Launches B2B Arm With Consulting and Packaging Recycling

Furniture and mattress retailer Raymour & Flanigan has launched Raymour & Flanigan for Business, a B2B service for commercial interiors professionals in real estate, hospitality, healthcare, government, and supportive and transitional housing facilities. The new service offers tax-exempt purchases and exclusive pricing, with no minimums, on an inventory of more than 60,000 products that are […]
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  1. Channel: Mass

Walmart Announces Acquisition of Volt Systems to Fortify Store Insights and Decisioning

BENTONVILLE, Ark., Aug. 5, 2022 — Walmart is acquiring Volt Systems, a technology company that provides suppliers with enhanced on-demand visibility into merchandising resources. The application delivers current store-level data, actionable analytics, and shelf intelligence for suppliers to plan, forecast, and optimize product assortment. As a result, customers receive a more seamless omni-shopping experience, with […]
< 1 min read
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  1. Media & Marketing

Burger King’s parent says customers are redeeming more coupons and rewards

Customers looking to stretch their dollars are redeeming coupons and taking advantage of loyalty rewards, according to Restaurant Brands International CEO Jose Cil. RBI, the parent company of Burger King, Popeyes and Tim Hortons, has raised menu prices this year to offset higher costs.
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  1. Shopper & Customer

Parents look for ways to pay and save as kids go back to school

American consumers are looking for ways to make more money or save on purchases as they try to find a way to affordably send their kids back to school with all the clothing and supplies they need for the new academic year. “Parents will always make it happen for their kids,” said Stephen Rogers, managing […]
< 1 min read
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Three Trends Driving Vitamins and Supplements

Why Amazon, Attributes, and Label Claims Matter According to the Nutrition Business Journal’s Supplement Business Report, supplements showed staying power in 2021 even as shoppers returned to more traditional shopping behavior. The beginning of the pandemic spurred historic 14.5% growth in 2020, a rate that was destined to level off once the world moved away […]
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Reports: Walmart Reportedly Lays Off 200 Corporate Executives to Position Itself for the Future

Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according media reports. Walmart did not confirm the number of job cuts, but the layoffs will reportedly impact about 200 employees across the merchandising, global technology and real estate teams, people familiar with the matter told The Wall […]
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Beyond Meat cuts revenue outlook, says it’s trimming workforce

KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […]
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Ahold Delhaize appoints first chief sustainability officer

Dive Brief: Ahold Delhaize announced on Wednesday it has named Jan Ernst de Groot as its first chief sustainability officer. In the newly created role, de Groot will head up Ahold Delhaize’s Environmental Social Governance (ESG) work. De Groot will also retain his role as chief legal officer for the grocery company. Ahold Delhaize noted that de Groot has a “track record of leading transformative sustainability programs at companies and supervisory […]
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