Retailers have to start understanding Gen Z. They’re in their late teens to mid-20s and have purchasing power that will reach ...
For consumers, grocery shopping has become a multi-location event, with shoppers visiting an average of 5.2 stores to cross every item off their lists. This “grocery hopping” trend has become ...
During the pandemic, ecommerce returns majorly impacted retailers’ profit margins. As customers return to in-store shopping, retailers are continuing to face an increase in returns from online and ...
For decades, household name brands have topped the consumer market. They’ve dominated shelf space at retailers around the world while owning consumer mindshare thanks to massive marketing budgets, ...
In its broadest and most straightforward definition, a digital twin is “a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it ...
Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. The troubled ...
Members of the Nordstrom family along with Liverpool, a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private ...