Dept. Consumer Electronics

  1. Channel: Specialty & Other

Best Buy lowers Totaltech membership price

Best Buy has lowered the price of its Totaltech membership program from $200 to $179.99 a year. The consumer electronics chain has also debuted tiers to the program, including a free option. “We’re excited about introducing a new tier of membership that we believe leverages the insights that we gained around member pricing being really […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Amazon Anywhere Offers In-Game Shopping for Real-World Products

Amazon has debuted a new immersive shopping functionality called Amazon Anywhere that allows customers to discover and buy physical products from Amazon within virtual environments such as video games, augmented reality applications and mobile apps. Today, most shopping in virtual worlds is enabled through virtual currencies and is usually limited to in-game digital items, as […]
2 min read
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  1. Department: Consumer Durables

50,000 U.S. Stores Could Close By 2027 Because Of Spending Shifts And Tight Credit, UBS Forecasts

Analysts at investment bank UBS are forecasting that some 50,000 U.S. stores are likely to close by the end of 2027, because of expected cutbacks in consumer spending, tighter credit and the continued shift to ecommerce. Store closings could accelerate to 70,000 to 90,000 if retail sales turn out to be weaker than expected, according […]
2 min read
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  1. Stores & Formats

Department stores added jobs in March as other retail verticals cut back

The 15,000 jobs added by department stores in March were not enough to offset significant losses in other retail verticals, including appliances, consumer electronics, furniture and home furnishings, according to the Bureau of Labor Statistics. The retail industry lost 15,000 jobs in March.
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  1. Shopper & Customer

The Split-Brain Budget Mindset: Why Consumers Remain Eager to Get the Best Value for Their Money

Consumers are still looking for ways to shop smart and save due to overall economic uncertainty. According to a recent survey with over 2,000 U.S. consumers, many respondents are showing what’s known as the “split-brain budget mindset” and are feeling empowered to shop creatively to maximize the spending power they have in the moment. But […]
3 min read
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  1. Trends & External Forces

Best Buy Partners With Atrium Health to Support In-Home Hospital Care

Best Buy announced Tuesday it has struck a three-year deal with Atrium Health, an integrated, nonprofit health system part of Advocate Health, to help enable a hospital-at-home program, reports CNBC. Atrium Health is part of Advocate Health, one of the country’s largest healthcare nonprofits. The consumer electronics retailer will sell devices and its Geek Squad will handle […]
2 min read
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  1. Media & Marketing

Acosta unveils new unified brand

JACKSONVILLE, Fla. — Acosta has launched Acosta Group, a new unified brand for the company, aligning its omnichannel retail, marketing and foodservice agencies to provide seamless access to the company’s end-to-end solutions. Building on the company’s transformation and strategic investments over the past three years, this move distinctly positions Acosta Group as the leading driver […]
2 min read
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  1. Technology & Innovation

Samsung unveils new software partner

Consumer electronics giant Samsung has unveiled its new official software partner for global displays. The company has partnered with the Sprinklr platform, now available as an integrated app for Samsung… The post Samsung unveils new software partner appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Media & Marketing

Peloton hires former Twitter executive as new head of marketing

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Leslie Berland, chief marketing officer of Twitter Inc., speaks during the company’s #HereWeAre Women In Tech event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 10, 2018. Patrick T. Fallon Bloomberg
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  1. Technology & Innovation

58% of shoppers willing to buy consumer electronics in metaverse

Some 58% of consumer electronic shoppers say that they’d be willing to shop in the metaverse to buy their gadgets, according to a new report from future retail agency Outform.… The post 58% of shoppers willing to buy consumer electronics in metaverse appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Retail Ecosystem

What Can Investors Expect to See at CES 2023?

Ahead of this year’s Consumer Electronics Show (CES), an annual tech event organized by the Consumer Technology Association (CTA), we speak with CTA President and CEO Gary Shapiro about what investors can get out of CES this year.
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  1. Stores & Formats

Report: Black Friday turnout ‘solid’

NEW YORK — Consumers embraced the opportunity to return to physical stores on Black Friday to participate with family and friends in “the sport of shopping,” according to Coresight Research’s annual tour of malls, outlets, super-regional centers, downtown locations and neighborhood centers in the United States and Canada. Going to malls, in particular, was an […]
3 min read
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  1. Operations & Supply Chain

Solving the Supply-Demand Puzzle

What a difference a year or two can make. During 2020 and 2021, retailers struggled to keep up with demand for many items, largely due to supply chain bottlenecks and labor shortages. Shortly after the pandemic started and through last year, a significant reduction of markdowns and in-store promotions took place because retailers could leverage […]
3 min read
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  1. Channel: Specialty & Other

How To Sell Your Product To Best Buy

Are you a small consumer electronics product brand who’s trying to figure out how to sell to Best Buy? If so, you are not alone. Best Buy is the largest brick-and-mortar retailer in the US for consumer electronics, which is why thousands of brands attempt to get their products in the company’s stores every year. In […]
4 min read
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  1. Shopper & Customer

Scanbot SDK discusses how customer needs are shaping retail stores of the future

By Christoph Wagner, CEO, Scanbot SDK GmbH The retail industry is facing seismic shifts, and the Covid-19 pandemic has been rocket fuel for changes in customer demands. Today, digital and contactless shopping experiences are just part of everyday life for many – especially amongst the younger generations. 🚀Retail x Mobile Barcode Scanning Are you still […]
3 min read
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  1. Channel: Delivery

Instacart and Klarna Partner to Offer Consumers More Flexible Ways to Pay

We’re teaming up with Klarna to introduce even more ways to pay for your purchases online on Instacart.com and in the Instacart app. Our partnership gives you more flexibility to pay for same-day delivery across a range of categories, including everything from home improvement to beauty and bulk purchases. Beginning today, you can select Klarna’s […]
2 min read
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  1. Shopper & Customer

From RFID to Stagflation, Here Are This Month’s Insights From Our Top Retail Influencers

Last Friday, the team at RETHINK hosted their third Small Groups Mixer, a monthly virtual event catered to all of 2022’s Top Retail Influencers. During the Mixer, topics ranging from RFID to stagflation, DTC, and the retail experience were discussed at length. Here, we’ll explore these topics and additional insights from the Mixer with the […]
8 min read
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  1. Shopper & Customer

4 Pricing Strategies To Grow Your Retail Business

For consumers, price is one of the most important factors that determine whether they’ll make the purchase or not. That’s why, as a retail business, you should properly set the best price for your products. This means that you shouldn’t simply price your products higher than the total amount you spent manufacturing or acquiring them, […]
3 min read
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  1. Channel: Ecommerce & Digital

Celebrating One Year of Walmart GoLocal

It’s been a year since we introduced Walmart GoLocal as our white-label, delivery-as-a-service offering for businesses. We launched Walmart GoLocal in August 2021, as businesses of all sizes were continuing to see consumer demand for fast, reliable delivery post-pandemic. We saw an opportunity to serve retailers who could benefit from Walmart’s scale, delivery infrastructure and […]
3 min read
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  1. Channel: Delivery

Instacart adds same-day delivery service for furniture and electronics

Instacart is expanding beyond grocery to offer same-day deliveries of “Big & Bulky” products such as furniture and consumer electronics. Retailers participating in the program include Big Lots, Container Store, Mastermind Toys, Office Depot, Spirit Halloween and Staples.
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  1. Channel: Ecommerce & Digital

Prime Day Reflections to Prime Marketers for Holiday Planning 2022

Prime Day 2022 is fading from the rearview mirror — the numbers are in and the trades have spoken. Yet, I find myself reflecting on some key learnings from this year that, as a marketer, I feel are important to share with brands looking to maximize their Prime Day presence and keep visibility high for […]
4 min read
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  1. Shopper & Customer

2Q earnings show how retailers dealt with inventory and inflation issues

Target and Walmart have found that consumers are cutting back on discretionary purchases in categories including apparel and consumer electronics. At the same time, purchases of everyday staples are holding up even with rising prices. Lowe’s and Home Depot have seen a drop in the amount of money that consumers are purchasing for home improvement […]
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  1. Channel: Ecommerce & Digital

Prime Day 2022 reaches historic milestone

SEATTLE — Amazon Prime members purchased more than 300 million items worldwide during Prime Day 2022, according to the company, which said this year’s event was the biggest Prime Day event ever. Amazon said Thursday that Prime members saved over $1.7 billion, more than during any previous Prime Day event. The company said the event […]
3 min read
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Trending Topics

Editor’s Choice

  1. Shopper & Customer
  2. Channel: Ecommerce & Digital
  3. Media & Marketing
  4. Shopper & Customer
  5. Trends & External Forces

Instacart piloting ‘favorite shopper’ feature

The feature, which allows consumers to single out their preferred in-store shoppers to fulfill future orders, will roll out in the coming weeks among select users. Dive Brief: Instacart said in a Tuesday blog it will pilot a feature for customers that lets them select their favorite personal shoppers to fulfill online orders. Select customers and personal shoppers […]
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Courtesy of Albertsons
  1. Stores & Formats
  2. Merchandising
  3. Owned Brands (Private Label)
  4. Stores & Formats

Albertsons gives its Signature private brands a single identity

The grocer is bringing its Signature Farms, Signature Care and Signature Cafe private labels under its flagship Signature Select brand and has launched a new advertising campaign to promote the expanded product line. Dive Brief: Albertsons announced Wednesday it is bringing its Signature Farms, Signature Care and Signature Cafe private label products under its flagship Signature Select […]
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  1. Associates & Employees
  2. Department: Nonfood
  3. Technology & Innovation
  4. Trends & External Forces
  5. Associates & Employees

More Than 1,700 Amazon Employees Plan Walkout Today

From the Seattle Times: “More than 1,700 Amazon employees have pledged to walk off the job on Wednesday, demanding more flexibility with remote work and more attention on Amazon’s climate impact. “Of the 1,726 employees who had signed on to participate by Tuesday afternoon, about 830 plan to physically walk out of offices in Amazon’s […]
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  1. Channel: Delivery
  2. Channel: Ecommerce & Digital
  3. Department & Category
  4. Department: Food
  5. Data & Insights
  6. Technology & Innovation

Instacart begins nationwide rollout of ChatGPT search tool

The tool allows customers to find products as well as recipes, food prep tips and more using “natural language” instead of keyword-based searches. Dive Brief: Instacart announced Wednesday it has begun the rollout of an artificial intelligence powered search tool that leverages ChatGPT called Ask Instacart. The company said the new capability will scale to all […]
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