1. Technology & Innovation

The metaverse dream seems light-years away

Written by Posted on Less than 0 min read

It looks like we’ll have to remain content living in the material world as the hyped-up dreams of a virtual one (AKA the metaverse) seem a long way from becoming a reality. Disney, Meta and Microsoft are among the major companies with grand visions for the metaverse that have since cut back on those efforts or abandoned them altogether.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Associates & Employees

FTC wants to curtail noncompete clauses in labor contracts

The Federal Trade Commission has proposed a new rule that would severely limit companies’ ability to block employees from going to work for competitors. Research studies have shown that noncompete clauses, which affect 20 percent or more of workers, have held pay down for many, particularly in the middle class. View Original Article Associates Technology […]
< 1 min read
0
  1. Corporate Strategy

Macy’s increased holiday promos but limited discounts to protect margins

Macy’s reported better-than-expected revenues for the holiday quarter as it ramped up promotions to turn merchandise and reduce inventory. The department store retailer discounted merchandise but remained mindful of its profit margins. “[We] took strategic markdowns and intentionally did not chase unprofitable sales,” said CEO Jeff Gennette. View Original Article Holiday & Events Executives Marketing: […]
< 1 min read
0
  1. Trends & External Forces

US Sugar Companies Accused of Conspiring To Fix Prices

Some of the largest sugar-producing companies in the U.S. are facing antitrust lawsuits. View Original Article Legal & Criminal Government RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond […]
< 1 min read
0
  1. Associates & Employees

Store staff shortages lead to unhappy customers

Customers are finding that stores and restaurants are operating on shorter schedules and have fewer employees on hand to help with their questions. Mall operator Taubman Centers finds that many retail tenants are opening stores later to reduce labor costs. View Original Article Restaurants Associates Brick and Mortar RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Trends & External Forces

Survey says nearly 92 percent of Americans have cut spending for inflation relief

Nearly 92 percent of consumers have reduced their spending on nonessential goods like apparel, appliances and home decor, according to a new CNBC and Morning Consult survey. Ninety-two percent of Americans with household incomes between $50,000 ad $100,000 said they were “somewhat” or “very worried” about the price of goods. Inflation Relief By Spending Less… […]
< 1 min read
0
  1. Department: Food

Blue Bell Introduces Brand New Cinnamon Twist Ice Cream

A new ice cream flavor is set to be released from Blue Bell: Cinnamon Twist. View Original Article Dept. Frozen RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond […]
< 1 min read
0
  1. Trends & External Forces

2024 Toyota Tacoma Hybrid: A Closer Look

Toyota has unveiled the 2024 Tacoma Hybrid, and it’s making waves in the midsize pickup segment. View Original Article BOPIS Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that […]
< 1 min read
0
  1. Associates & Employees

Dollar General Store Staff Stage Walkout

The staff of a Dollar General Store in Wisconsin all walked off their jobs at the same time over the weekend. They claim they are “overworked” and “underpaid.” View Original Article Associates Dollar General RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Operations & Supply Chain

Stitch Fix cutting jobs, founder returns as interim CEO

Stitch Fix informed salaried workers that it plans to cut 20 percent of them from its payrolls. It also announced that Elizabeth Spaulding is leaving as company CEO and will be replaced on an interim basis by founder Katrina Lake. View Original Article Associates Executives Returns RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Associates & Employees

Shein is taking steps to end labor abuses at factories producing its goods

Shein said it plans to invest $15 million to improve factories that produce the goods sold on its website. The fast-fashion retailer said that an investigation that it launched found that two factories had workers on shifts running longer than local regulations allow. The suppliers in question, the company said, have until the end of […]
< 1 min read
0
  1. Media & Marketing

Tesla Employee Sleeps in Car, Loses Job Amidst Layoffs

Tesla, the Texas-based automaker, recently conducted layoffs affecting at least 10% of its staff. Among them was Nico Murillo, a production supervisor at the Freemont facility, who shared his layoff experience on LinkedIn. View Original Article Associates Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Media & Marketing

Snapchat and Snowflake Join Forces for Enhanced Data Integration

In the latest collaboration between Snap and Snowflake, the two tech companies are teaming up to integrate clean rooms with Snap’s conversions API for improved data management and privacy measures. View Original Article Data & Insights Marketing: Social Media Technology & Innovation RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Media & Marketing

Twitter’s U.S. ad sales fall 59 percent

Twitter owner Elon Musk has maintained that most of the advertisers that left the social media site have returned and ad revenues are rebounding. The numbers tell a different story with ad sales for the five weeks from April 1 to the first week of May down 59 percent year-over-year. The company’s ad staff is… […]
< 1 min read
0
  1. Trends & External Forces

Squishmallows Launches Legal Fight Against Build-A-Bear ‘Knockoffs’

Warren Buffett is taking on Build-A-Bear, and he’s not backing down. His Jazwares company, which produces the wildly popular Squishmallows plush toys, has sued Build-A-Bear Workshop, saying its Skoosherz line of toys is a “knockoff” of their idea. View Original Article Legal & Criminal Dept. Nonfood Dept. Toys & Games RetailWire Member since October 25, […]
< 1 min read
0
  1. CPG: HBC

Little Caesars Introduces Viral Crazy Puffs

Little Caesars Pizza has recently launched its latest offering, Crazy Puffs. View Original Article Procter & Gamble RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. […]
< 1 min read
0
  1. Channel: Grocery

Kroger and Albertsons merger is far from a done deal

Kroger and Albertsons argue that a merger of the supermarket giants will lead to lower prices and other benefits for consumers. Many question, however, if Kroger and Albertsons are painting a realistic picture. Opposition to the deal is real, and organized. View Original Article Albertsons / Safeway Consumers Kroger Mergers RetailWire Member since October 25, […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond will no longer honor coupons starting tomorrow

Bed Bath & Beyond has been known for decades for its blue percentage-off coupons. The retailer will no longer accept those as of tomorrow. Bed Bath & Beyond, which filed for Chapter 11 bankruptcy protection, is seeking a buyer for all or part of its business. View Original Article Bankruptcy Bed Bath & Beyond Marketing: […]
< 1 min read
0
  1. ESG

Hardly Any Plastics Can Be Recycled According to a New Study

Are all the plastic items households recycle annually really being reused? A new study says no. View Original Article Sustainability Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well […]
< 1 min read
0
  1. Retailer Media

Retail media network ad sales expected to surpass TV’s by 2028

Retail media network ad sales are expected to grow 9.9 percent to $125.7 billion this year, according to a GroupM report. The report projects retail media revenues will surpass television ad revenues by 2028. View Original Article Marketing: Retail Media Predictions and Forecasts Marketing: Broadcast RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
Next