It seems like every year since the pandemic began, retail and e-commerce experts have been encouraging brands to focus and scale their digital offerings. And it makes sense to understand why: that initial investment that was placed in rapid digital transformation permanently changed the customer experience and expectations, and now they expect more. While e-commerce …
Changing consumer behavior, new market entrants, and technological disruptions frequently alter the status quo of the retail industry. In anticipation, retailers are responding by embarking on a transformation journey that prepares them for the long term. Retail players remain focused on customer experience and improving operational efficiency to attract customer loyalty and profitability. An established …
Retail: riding the wave of transformation-driven quality engineering Read More »
The future of the retail industry will be shaped by a series of disruptive themes, with artificial intelligence (AI) being one of the themes that will have a significant impact on retail businesses. AI refers to software-based systems that use data inputs to make decisions on their own and includes an array of technologies and …
Leading Artificial Intelligence-Themed Retail Companies Read More »
NEW YORK, Nov 25 (Reuters) – U.S. retail stocks held steady on Friday as investors watched holiday spending to gauge consumer confidence at a time of rising inflation and interest rates weigh heavily on Main Street. Consumer discretionary stocks, as measured by the S&P 500 consumer discretionary sector, which benefits from retail, restaurant and vacation …
Black Friday muted for US retail stocks as holiday shopping begins Read More »
November 25, 2022 — This week in industry news, Nestlé and L Catterton have formed a partnership focused on the fresh prepared food sector. Danish Crown unveiled its latest investment in a new bacon factory in the UK and Lesaffre has strengthened its presence in Australia. Meanwhile, Ecotone has become the world’s highest-rated global food …
