Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria for customers to qualify for it and reassessing the ways they can make up for lost costs. Several retailers, including...
During the summer, when outdoor events are in demand, retailers are embracing virtual experiences. It’s not because they can’t stand the heat but because while consumer wallets are on a tight leash, so are many retailers. And while virtual storefronts can be costly, they offer...
Kim Kardashian’s apparel brand Skims could soon be worth nearly $4 billion. The company is in the middle of a funding round that could help it reach that valuation ahead of an initial public offering (IPO) in the next six to 12 months, Women’s Wear Daily reported Wednesday (July...
Kim Kardashian is reportedly looking to buy back the 20% of her beauty business she sold to Coty. The talks are ongoing, a sale price hasn’t been reached and there’s no certainty that a deal will be made, The Wall Street Journal (WSJ) reported Tuesday...
Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted some Amazon sellers to start legal proceedings against the Chinese eCommerce site, alleging copyright infringement and trademark infringement, Wired reported Monday (July...
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...
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...
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,”...
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...
