Retail

Retail
UPP Takes an AI-Powered Approach to Optimizing Google Shopping for Merchants 
July 12, 2023

Today’s digital landscape requires retailers to bring their A-game to grabbing customers’ attention and loyalty. With the rise of eCommerce and online shopping, optimizing the customer experience has become paramount for driving revenue and staying ahead in the market. One powerful tool that has emerged...

Retail
Amazon Uses Priceline Partnership to Grab Travel Spend on Prime Day
July 11, 2023

Amazon Prime Day is now underway, and the eCommerce giant is determined to engage Prime members and stimulate spending. With lofty aspirations, Amazon aims to exceed its 2022 Prime Day of selling over 300 million items worldwide.  Although the strategy of enticing customers during an...

Retail
Checkout.com Introduces AI-Powered Video ID Verification Tool
July 11, 2023

Checkout.com says it is using artificial intelligence to onboard customers in under two minutes. The payments solutions provider on Tuesday (July 11) announced the launch of Identity Verification, an artificial intelligence (AI)-powered video verification tool. “Identity fraud is evolving, with deep fakes and deceptive documents growing in sophistication,”...

Retail
Brands Realize They Can’t Go It Alone, Overhaul D2C Focus 
July 11, 2023

The direct-to-consumer (D2C) playbook really had a moment. It even had staying power through the pandemic as it provided brands with a way to reach consumers directly, bypassing traditional distribution channels and establishing a closer connection with their audience. D2C strategies enabled companies to control...

Retail
Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
July 11, 2023

Despite being in operation for 12 years, The RealReal has yet to achieve profitability. However, other brands and retailers have observed the popularity of resale and are embracing it. This leads to the question of whether the efforts put into resale initiatives are truly worthwhile.  ...

Retail
Software-as-a-Service Will Simplify Move to Self-Service Checkout, Says LS Retail
July 11, 2023

When consumers are shopping in stores in the post-pandemic age, they seek new checkout experiences that offer the same benefits they’ve grown accustomed to online. Kristjan Johannsson, general manager at LS Retail, told PYMNTS that unified point-of-sale (POS) technologies and software-as-a-service (SaaS) could help bring...

Retail
Walgreens Woos Cautious Consumers With ‘MyW Days’
July 10, 2023

As consumers struggle with high prices, Walgreens is working to woo its loyalty program members. The pharmacy chain on Monday (July 10) announced “myW Days,” a weeklong event — July 23-29 — for members of its myWalgreens program offering rewards and savings on all items in-store, online and...

Retail
Amazon Uses Prime Day Deals to Drive Traffic to Physical Stores
July 10, 2023

Amazon is offering Prime Day deals to draw shoppers to brick-and-mortar stores as well as its website. Both leading up to and during Prime Day, which begins Tuesday (July 11), Amazon Prime members are being offered discounts on in-store purchases of groceries and fashion items, Amazon said in a Thursday...

Retail
Levi’s Cuts Prices as Consumers Cut Spending  
July 10, 2023

The story of consumer cutbacks on discretionary items, like apparel and beauty products, continues. But a new narrative is starting to emerge, as brands and retailers demonstrate a willingness to reevaluate their prices to align with changing consumer expectations.   For example, Target’s quarterly earnings confirmed...