While other brands are seeing the benefits of retailer partnerships, Levi’s has entirely different POV. In fact, it’s leading Levi’s to place major bets on its direct-to-consumer (D2C) strategy. “Over the last decade, the company has made phenomenal progress, more than doubling our D2C revenue while engaging...
Virtual reality (VR) has emerged as a promising frontier, offering immersive experiences that can transport users to new realms. However, the question arises: should brands use VR primarily to facilitate transactions, or should they prioritize storytelling and immersion? The answer lies in understanding the unique...
Generative artificial intelligence (AI) faces many growing pains as it seeks its footing. In a recent survey, management consulting firm Bain & Company reveals that the main barriers to generative AI in healthcare are a lack of resources, expertise and regulation, with data access and...
Amazon and Walmart will face off in a duel next week, going head-to-head to capture the loyalty and spending of shoppers. The battle comes amid inflation and the resumption of student loan payments, which have tempered consumer spending. Still, Amazon and Walmart are targeting consumers...
The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining names, sliding 16% through the past five trading sessions. As reported at the end of last month, Affirm has partnered...
This year’s holiday shopping season will belong to mobile sales and buy now, pay later. That’s according to Adobe, which on Thursday (Oct. 5) released its online holiday shopping forecast for 2023, projecting $221.1 billion in online sales, up 4.8% from last year. “Never-before seen...
Consumers may be engaging more with eGrocery, but the sector continues to grow more slowly than online shopping overall, PYMNTS Intelligence indicates. By the Numbers As PYMNTS’ Karen Webster points out in a recent feature, “PYMNTS Intelligence’s analysis of 15,000 consumers across 11 countries every quarter...
This week in grocery news, Ahold Delhaize USA grocers adopt new direct ordering apps, Ocado reportedly doubles down on automation, and online discount grocer Martie launches nationwide. Multinational grocer Ahold Delhaize’s United States eCommerce arm, Peapod Digital Labs, announced Wednesday (Oct. 4) the launch of...
The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and using tokenized bank deposits. And what remains to be seen is whether those initiatives will define competition, or co-existence, with...
