Personalization is at the forefront of a new Macy’s initiative: The retailer aims to distinguish itself from its competitors with a website overhaul and personal stylist training for in-store staff.
While other rapid grocery startups fold, Getir attracts more funding: The Turkish-based delivery company is in talks to raise another $800 million
Facing accusations of greenwashing, retailers step up their sustainability efforts: As government authorities crack down on bogus eco claims, companies like adidas and Unilever try to prove their sustainability bona fides.
Shoppers can buy real-life products in the metaverse: A partnership between Babylist and Obsess lets customers interact virtually with items before adding them to their cart.
Traffic on ecommerce websites and apps is ground zero for establishing a retail media network.
Walmart wants to sell services as well as stuff: The company hopes an expanded Wellness Hub and parental resources will instill loyalty in shoppers and make them spend more.
The payments firm partnered with FTX and launched a new API service aimed at attracting crypto firms.
Off-price retailers have an opportunity to attract customers: US consumers’ confidence slipped in February, driving shoppers to focus on value.
Ecommerce platforms try to avoid liability for counterfeit products: A proposed bill would make companies like Amazon and eBay responsible for policing fake products on their platform.
Rihanna’s inclusive underwear company continues to transform the lingerie industry: The entrepreneur is reported exploring an IPO for Savage X Fenty, which could be worth at least $3 billion.
Twitter expands social commerce offerings to catch up with competitors: The social media platform won’t be a shopping destination anytime soon, but that won’t stop it from experimenting.
The two firms can help each other relieve competitive pressures in their respective industries.
Click and collect is set for a strong year in the US, both in terms of sales growth and increases in total buyers.
Pinterest’s latest social commerce play positions it for strong growth: The social network is adding in-app checkout, personalized shopping pages, and a new seller API.