Staples has teamed with DoorDash to provide same-day deliveries on back-to-school items. The partnership, announced Monday (Aug. 7), is the latest example of retailers taking steps to take advantage of what is expected to be a record year for back-to-school spending. “Nearly 1,000 Staples U.S. locations are now available on...
Phillips, an auction house known for handling the work of up-and-coming artists, is reportedly entering the world of eCommerce. The house will begin selling fine art directly to collectors through its new online platform, Dropshop, on Aug. 20, Bloomberg reported Monday (Aug. 7). The launch is part of...
KeyBank has added new ways for customers to earn better rates, get cash back and access deposits more quickly. “We’re excited to empower our clients with enhanced products and tools, more digital capabilities and customized support that provides further control over their personal financial paths,”...
Private equity firm SKKY Partners has added former Apple Retail executive Angela Ahrendts as senior operating adviser. Ahrendts will work with SKKY Partners founders Kim Kardashian and Jay Sammons and the team to identify and evaluate prospective investment opportunities, serve as a resource for the companies in which SKKY invests, and...
Barbie still has consumers in a chokehold, and brands who have partnered with Mattel or were even referenced in the movie are reaping the benefits. The most recent brand benefiting from the Barbie effect is Birkenstock, which was mentioned in the Margot Robbie film. The...
Amid the swiftly evolving retail environment, marked by economic fluctuations like inflation and restricted consumer expenditure, the concept of shop-in-shop experiences has emerged as a favored tactic for brands aiming to tap into the retail sector without bearing the full financial burdens linked with setting...
Because both open- and closed-source large language models (LLM) can use proprietary data, both will face challenges. However, closed-source models will likely face heavier scrutiny and criticism as users, investors and regulators will not have visibility into the underlying models, data sets and assumptions used....
The financial industry has become more competitive than ever as shifting economic conditions and the pandemic’s lingering effects make digital banking the primary means by which consumers interact with their financial institutions (FIs). More than three-quarters of customer experience leaders in a recent survey said...
B2B payments are generally behind the innovation curve compared to their consumer counterparts — even in the technology industry, where one-third of companies say their B2B buying experiences are “broken” due to legacy processes. In the “B2B and Digital Payments Tracker®,” Adobe’s Matt Wegner explains...
