Department: Consumer Durables

  1. Department: Consumer Durables

A Modern Retail Masterclass with Billy May, CEO, Brooklinen

Joining us for our final episode recorded in the Bambuser remote podcast studio/beach cabana at Mandalay Bay during Shoptalk is deeply experienced retail executive and current CEO of Brooklinen, Billy May. In a wide-ranging discussion of the evolution of DTC, e-commerce and harmonized retail, Billy lays out the essentials to building and growing remarkable retail […]
3 min read
0
  1. Department: Consumer Durables

Amazon Pay Isn’t What It Used to Be. Will Its Top Employees Stick Around?

Today at Big Technology, we’re continuing our series where Amazon veteran examines the company’s strategy and trajectory after working there for twelve years. This week, Coulter looks looks at the company’s stock-heavy pay strategy, and how it might influence its ability to retain top talent. Amazon Pay Isn’t What It Used To Be. Will Its […]
6 min read
0
  1. Department: Consumer Durables

Walmart becomes first brand in Roblox to enable physical purchases as it goes live with groundbreaking pilot

Walmart is now able to sell physical goods directly to users inside Roblox. From today, Walmart Discovered users will be able to have real-life items shipped directly to their doorsteps. They will be greeted with a new storefront showcasing virtual twins of select items sold at physical Walmart stores. The feature will be gated specifically […]
2 min read
0
  1. Department: Consumer Durables

Amazon delivery gets faster

SEATTLE – Amazon today said it continues to increase the speed with which it gets deliveries to customers. Nearly 60% of orders placed through Prime across 60 U.S. metro areas in the first quarter arrived the same day or next day, the company said. Prime members in major cities across the U.S. can get free […]
< 1 min read
0
  1. Department: Consumer Durables

Five social media hacks to promote your e-commerce business

Social media has become an important part of promoting most e-commerce businesses, particularly these days when one viral TikTok video can send sales skyrocketing. Many websites are now even keeping an eye out on TikTok for what the hottest products are, while there’s still also tons of value across the likes of Facebook, Twitter and […]
2 min read
0
  1. Department: Consumer Durables

Toys ‘R’ Us to Add 30 New UK Shop-in-Shops via Expanded Partnership with WHSmith

A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer. Image courtesy WHP Global WHSmith’s High Street stores will now […]
3 min read
0
  1. Department: Consumer Durables

Walmart+ Members will Get First Dibs on New Products During 24-Hour Event

From 12 noon ET on Monday, April 29 through noon on April 30, the Walmart+ Early Access online sales event will offer program members a curated assortment of products new to Walmart — including Dolly Parton’s Rockin’ New Baking Collection, Doritos Flamin’ Hot Mystery Flavor, Pampers diapers and men’s and women’s shoes from Reebok. “Walmart+ […]
2 min read
0
  1. Department: Consumer Durables

Are LLMs About To Hit A Wall?

Each new generation of large language model consumes a staggering amount of resources.  Meta, for instance, trained its new Llama 3 models with about 10 times more data and 100 times more compute than Llama 2. Amid a chip shortage, it used two 24,000 GPU clusters, with each chip running around the price of a […]
5 min read
0
  1. Department: Consumer Durables

Grocerant Guru’s Full-Flavored Forecast: 2024’s Flavorful Trends

  Get ready to tantalize your taste buds with a peek at what’s hot in the culinary world! Once again Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® and his team,  are seeing some new signals of our ever-evolving consumer focused adoption of fresh food with functionality; including botanical infusions, and even a […]
3 min read
0
  1. Department: Consumer Durables

How Bark is Creating Products and Experiences that Pups (and Pup Parents) Love

Americans spent $136.8 billion on their pets in 2022, up from $123.6 billion in 2021, according to the American Pet Products Association. Half of these pet-owning households are run by millennials and Gen Zers, who don’t just look at their pets as “furry friends” but as their children. Bark is one company that is laser-focused […]
5 min read
0
  1. Department: Consumer Durables

Rebag, Newegg Join Growing List of Retailers Launching Membership Programs

Membership programs are quickly becoming 2024’s hottest accessory, whether you’re a luxury resale platform or an electronics ecommerce site. Online marketplaces Rebag and Newegg have joined the growing roster of retailers launching membership programs. This year alone, the list of retailers that have launched or beefed up their loyalty and membership programs includes Albertsons, Carter’s, PetSmart, Target, Sunglass […]
2 min read
0
  1. Department: Consumer Durables

Making AI Really Work for Retail

Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […]
4 min read
0
  1. Department: Consumer Durables

Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
< 1 min read
0
  1. Department: Consumer Durables

Marketers Spend on New Technologies While Battling Usage and Impact Challenges

The 32nd edition of The CMO Survey examines reoccurring questions related to marketing spending and performance, marketing leadership, and marketing jobs. In addition, managing marketing technology, generative AI, growth, and sustainability are special topics covered in this edition. Here are top takeaways, based on a sample of 292 marketing leaders at for-profit U.S. companies, 94% […]
4 min read
0
  1. Department: Consumer Durables

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
< 1 min read
0
5
  1. Department: Consumer Durables

UK-Based JD Sports to Acquire Rival Hibbett in $1.08B Deal

JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, reports Reuters. JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 20 percent to the U.S. firm’s last closing price. The combined company would have a global portfolio of about 25 brands […]
2 min read
0
  1. Department: Consumer Durables

Levi’s Boosts Awareness in a Big Way with Giant-Sized 501 Jeans

There’s size XL, XXL and even XXXL, but there aren’t enough “X’s” for these Levi Strauss & Co. 501 Jeans that measure 12 feet tall — nearly 5X larger than the average pair. The oversized denim will be on display in five malls around the country through May 20, and members of Levi’s Red Tab […]
2 min read
0
  1. Department: Consumer Durables

US FTC files lawsuit to block Tapestry-Capri’s $8.5bn merger

​[[“value”:”The FTC has taken legal action to prevent Tapestry’s proposed $8.5bn acquisition of luxury fashion company Capri. The post US FTC files lawsuit to block Tapestry-Capri’s $8.5bn merger appeared first on Retail Insight Network. “]] 
< 1 min read
0
  1. Department: Consumer Durables

Retail data brand Reapp adds Waitrose & Partners to list of major UK retailers available on its AI driven platform

Reapp has added Waitrose & Partners to the list of major UK retailers available on its AI driven platform, Reapp Insights. This helps brands and retailers understand what products are selling, where and when. Through the use of artificial intelligence, it utilises factors such as temperature and trends to help inform decisions at shelf-edge.  The […]
2 min read
0
Advertisement

Trending Topics

Editor’s Choice

  1. Department: Consumer Durables

Could AI Be Your Next Stylist? Consumers Are Ready

Keeping up with nanosecond social media trends is a never-ending challenge for retail brands and shoppers. In addition to responding to these fast-paced microtrends, merchandisers face increased pressure to incorporate cutting-edge personalization techniques that drive authentic shopping experiences and cultivate brand loyalty. So, what’s the answer to remaining innovative and on-trend in 2024? According to […]
Written by
  1. Department: Consumer Durables

Sam’s Club Expands Store Rollout of AI-Powered Exit Tech

Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […]
Written by

Trending

Advertisement
Note: Requires ChatGPT Plus