Cloud computing and customer relationship management company Salesforce just made a major move to bring machine learning, a form of artificial intelligence, to the customer journey. The company’s Commerce Cloud Einstein, in a nutshell, has been expanded to deliver an AI-powered shopping experience. Commerce Cloud...
Short-term retail rental startup Appear Here, a company whose marketplace was built to serve the growing ‘pop-up’ trend in retail, just recently raised some $12 million in a Series B venture funding round. Appear Here’s Series B round was led by Octopus Ventures and saw...
Retailers are seeking solutions to digitize their physical stores—both as a means to draw consumers in, but also to leverage the data that comes with digital transformation. For their part, technology startup Dor is a foot traffic counting and analytics solution vendor. Just recently, Dor...
After years of flirting with the pharmaceutical industry, Amazon may be getting ready to pop the question and break into the multibillion-dollar market. Though it’s not a done deal, the time has never been more ripe for Amazon to make its move, with insurance plan...
Today (May 17) kicks off this year’s Google I/O developer conference. As part of the opening day festivities, Google has just announced three new innovations for its developer base that look to enable businesses to grow – including a major development for enabling in-app payments....
Wayfair has phased in a new way to “search by image.” Users can simply point their smart device’s camera at a piece of furniture they like, and Wayfair will generate search results for related pieces on their website. The move was inspired by similar search-by-image...
Nordstrom shares slid over 10 percent on Friday following an earnings report that, while mostly a beat on analyst expectations and in-line with the company’s goals, showed a significant decline in comp sales. First, the positive news. Across brands, Nordstrom saw $63 million in net...
JCPenney shares dropped more than 13 percent on Friday following an earnings release that, while technically a beat on adjusted diluted EPS, posted a significant comp sales decline and a slight drop in revenue for the retailer. For the first quarter of 2017, JCPenney reported...
Watch out, brick-and-mortar retailers. Those items once considered ‘eCommerce immune’ are starting to see sales shift online (especially from Amazon). This according to recent insight from eCommerce data measurement and sales analytics company One Click Retail. New data that has rolled out over the past...