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Your Daily QuickWit (6/21): Top Retail News

Yesterday’s top retail news and most read stories.

  • Kellogg separating into three companies.
  • FMI: 41% of shoppers buying more private brands.
  • eComm, Delivery stand to gain from high gas prices.
  • Heineken on CX investment.
  • Plant-based protein: customers concerned over environmental impact.
  • Microsoft, Meta, Google using AI to run data centers.
CNBC

Lowe’s expands into the metaverse with a tool to help visualize projects

It seems like every company is getting into the metaverse these days. Lowe’s doesn’t want to miss out on the opportunity to use it to help builders imagine projects. 

But unlike other retailers that chose a particular virtual platform or game like Fortnite or Roblox, Lowe’s metaverse assets – including free downloads of 500 product assets, including items such as chairs – are available on its own hub.

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