Stricter return policies reportedly have some shoppers rethinking their choice of retailers. As The Wall Street Journal (WSJ) reported Sunday (Dec. 1), sometimes that means consumers doing more research into product quality before they buy, while others have stopped patronizing retailers that charge customers for...
In the connected economy, retail pharmacies like CVS, Walgreens, and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital solutions and telehealth services, these industry leaders are assessing their business strategies to remain viable. Strategic Shifts in Major Players...
Mall giant Simon Property Group has launched an advertising campaign aimed at younger consumers. “Dubbed ‘Meet Me @themall™,’ the multifaceted campaign blends ‘80s and ‘90s nostalgia with a new generation who wants to shop, eat, stay and play at the mall as much as their...
Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects to process almost 15% of its yearly transactions through its in-house banking service by the end of 2024. “After sales,...
January 20, 2020
’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce so far. Based on the incoming data, it seems that Amazon might not be the traffic driver some retailers expect, that the consumer experience experiment is going well, that mobile wallets might be […]
August 02, 2017
There’s been no shortage of speculation — including doomsday declarations — about the potential impact of automation, smart technology and artificial intelligence (AI) on the employment market. But could a realistic future...
May 05, 2017
From devices that can clean a user’s house with just a simple request to dryers that can restock dryer sheets automatically, IoT technology is turning common household items into entirely...
December 02, 2024
Black Friday shoppers spent a record $10.8 billion this year, primarily via online purchases. A report Monday (Dec. 2) from NPR — citing data from Adobe Analytics — notes that this figure is 10% higher than last year’s total, and double the amount of spending from 2017. Between 10 a.m. and 2 p.m. Friday, online […]
December 01, 2024
Stricter return policies reportedly have some shoppers rethinking their choice of retailers. As The Wall Street Journal (WSJ) reported Sunday (Dec. 1), sometimes that means consumers doing more research into...
September 30, 2024
Mall giant Simon Property Group has launched an advertising campaign aimed at younger consumers. “Dubbed ‘Meet Me @themall™,’ the multifaceted campaign blends ‘80s and ‘90s nostalgia with a new generation...
May 29, 2024
Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects to process almost 15% of...