Retailers are reportedly adding a lot of footnotes to their offers of “free” shipping. Companies are raising the threshold in terms of order size required for free shipping, reducing the speed of delivery, adding fees for those who want to get their items faster and...
For Amazon and Walmart, crafting the perfect commerce ecosystem means locking in sellers’ loyalty. Suppliers, too, to keep supply chains intact. To keep small- to medium-sized businesses (SMBs) sealed into their respective marketplaces, the two commerce behemoths are focused on the financial health of those...
TikTok CEO Shou Zi Chew testified before the House Committee on Energy and Commerce for about five hours on Thursday (March 23). Throughout the hearing, there were numerous tense exchanges on different issues, including TikTok’s connection to China and the measures taken to safeguard the...
The RealReal is reportedly shifting resources from its direct business to its luxury consignment business. One casualty of this move is the beauty products category. The luxury reseller and retailer is winding down its offering in this category after five years, The Business of Fashion...
As artificial intelligence (AI) continues to evolve and the conversation around OpenAI’s ChatGPT amplifies, more and more retailers are exploring what it could mean for them. Retailers can use Chat GPT in several ways to improve customer experience, increase sales, and optimize their operations. Here...
Snap has launched a program that helps businesses engage with customers via augmented reality (AR). The new AR Enterprise Services (ARES) enables businesses to integrate Snap’s AR technology into their own apps, websites and physical locations, the company said in a Thursday (March 23) press release. “We...
Luxury resale platform Kream has secured $168 million in a Series C funding round, valuing the company at approximately $742 million, doubling its previous value of $306 million as of October 2021. Kream’s total funding to date is now over $266 million, according to TechCrunch on Friday (March 23). ...
Levi Strauss & Co.’s focus on digital now extends to the models wearing its jeans. The clothing retailer announced Wednesday (March 22) it was working with Lalaland.ai, a Dutch digital fashion studio that makes customized models generated by artificial intelligence (AI), allowing shoppers to see...
Flash has launched an email domain designed for online shoppers. By downloading the Flash app and establishing an @flash.co email account, shoppers can keep their inbox free of emails that aren’t related to their purchases and related information, view order tracking, get spam protection and...
