Livestreaming firms are getting ready to roll out in the U.S., with Popshop Live set to rival Glamhive as the early movers in a relatively new format. Popshop Live allows for livestreaming to follow sellers’ schedules while also serving as a marketplace. And in banking, the pandemic has...
Connected fitness has a new competitor in the direct-to-consumer (DTC) company Liteboxer. The firm’s hardware looks nothing like a punching bag – it comes with six circular lights embedded in its surface, which users punch as they blink to get a workout. And in bank regulation, open banking is...
Loyalty programs with attractive incentives have always been effective tools in helping to drive business for quick-service restaurants. They have become essential to attracting and retaining customers amid lockdown measures, while investments in app development have enabled QSRs to provide fast and convenient touchless ordering. And technology...
The digital shift has been swift and powerful for Netflix, as the company added a stunning number of subscribers in the second quarter. And although the U.S. retail and economic recovery still faces serious headwinds, there have been some positive performance indicators. Retail sales, for instance, came out ahead...
The rise in online shopping amid the pandemic is making digital payment options essential to healthy cash flow. Smart routing is quickly gaining momentum as one of the tools at a merchant’s disposal. And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming...
Alibaba-owned Lazada is bringing virtual mall technology to shopping centers in Southeast Asia. The unique business model could provide a blueprint for struggling malls in the United States. And in recurring payments, flexible features are becoming more important for subscription providers as many consumers are wary about their finances, and some...
Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process. And in mobile, many consumers would be willing to make room...
Retail’s recovery continues along its inconsistent path, as new reports suggest that upstream ordering challenges will begin to negatively impact suppliers and intermediaries as the pandemic rages on in the United States. In consumer behavior, “convenience shifters” have emerged as a digital-first group itching to get outside. And in...
Quick-service restaurants (QSRs) and other food service companies are quickly changing their operations during COVID-19. A number of these enterprises are putting new technologies into place online and in store to make sure diners can seamlessly and safely make their orders. And, in retail, the...