Your Daily QuickWit
Here are the top stories of the day in retail:
- Retailers invest in data analytics.
- Fanatics merges collectors, hobbyists.
- PayPal cuts 7% of workforce.
- Nike sues lululemon for shoe design.
- AI explains Generative AI.
- And more!
Amazon Faces Deepening Legal, Regulatory Troubles
The Seattle Times reports that the US Department of Justice civil division is investigating “whether Amazon executives knew about safety hazards
How Retailers Can Democratize Data to Buoy Performance
Retail companies have invested billions in data analytics and infrastructure, seeking competitive advantage through deeper, more granular visibility into consumer behavior,
Fanatics to start livestreamed shopping of trading cards, collectibles
The sports commerce giant’s aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.
PayPal slashes 2,000 jobs
PayPal is slashing approximately 7% of its workforce which works out at around 2,000 employees as it becomes the latest Big
Nike Sues lululemon, Claiming Infringement on Shoe Design
Nike is accusing the yoga lifestyle and apparel brand lululemon of infringing upon some of its shoe designs, according to a
Infographic: Generative AI Explained by AI
Can I share this graphic? Yes. Visualizations are free to share and post in their original form across the web—even for