In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Get the Full...
Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. Get the Full Story Complete the...
Traditional retailers must learn five lessons if they want to stay in business as the market enters a post-COVID, digital-first era, according to PYMNTS’ Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Jennifer Lopez is counting on Flowcode — a platform founded by former AOL CEO Tim Armstrong to promote souped-up QR codes — to help make her new JLo Beauty brand really sing. Get the Full Story Complete the form to unlock this article and enjoy...
Retail artificial intelligence (AI) software company Cognira has released its AI Promotion Solution. The promotion management tool infuses AI to tackle one of the most intricate processes that merchants encounter — how to handle promotions to fuel business goals, according to a Wednesday (Jan. 20)...
European footwear company Birkenstock is in discussions for a sale to CVC Capital Partners, which is far along in talks with the owners of the brand that has been around for some 250 years, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the...
Starbucks will assist the state of Washington with distributing the COVID-19 vaccine. The coffee chain has tasked 11 staffers who have knowledge in R&D, operations, and labor and deployment with full-time work on distributing the vaccine in Washington, NBC News reported, citing the company. Get...
The number of U.S. convenience stores fell 1.6 percent during 2020 as the COVID-19 pandemic depressed crucial gasoline sales and brick-and-mortar retail contracted in general, but many shops are fighting back with digital technology and other upgrades. Get the Full Story Complete the form to...
Office Depot is rejecting a $2.1 billion offer from Staples to buy the company outright, but is offering to either sell just Office Depot’s retail business or combine Office Depot and Staples stores and run them as a joint venture. Get the Full Story Complete...
