The “Global Digital Shopping Index: The AI-Powered Shopper Has Arrived” shows that retail is moving into a new phase. Consumers are no longer just shopping online or using their phones to check prices. They are using mobile devices across the full shopping journey, from product...
eCommerce acceleration firm Pattern Group announced Tuesday (May 19) the launch of Pattern Intelligence, or “Pi,” an artificial intelligence (AI) engine designed to automate marketplace management for global brands. The announcement was made during the company’s annual Accelerate conference. Get the Full Story Complete the...
The most revealing number in the latest spate of retail data may not be how much consumers in the United States spent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Used-car giant Carvana is reportedly making a push into the new vehicle market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Picture a flea market the size of a small country. Every stall is run by a different person. Every item is one of a kind. Now imagine walking in and knowing, within seconds, exactly where to go. That is what Etsy is building. And the...
Joshua Kushner’s Thrive Capital has invested about $100 million in Shopify, betting that artificial intelligence could enhance commerce, Bloomberg reported Thursday (May 14), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Luxury resale used to be a secondary consideration. The numbers say it isn’t anymore. Nearly half of luxury consumers now factor resale value into primary market purchases. Almost 60% prefer the secondary market outright. Get the Full Story Complete the form to unlock this article...
As artificial intelligence-powered shopping tools and social commerce platforms redraw online retail, Pattern Group executives said they are positioning the company at the center of that shift as its partner brands look to grow sales online. Get the Full Story Complete the form to unlock...
Etsy is working to offer conversational search both in OpenAI’s ChatGPT and on its own platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
