Zara’s massive new Madrid storefront leverages digital-led and immersive shopping experiences: The fast-fashion retailer debuts its largest location to date, merging elements of physical and digital to set the tone for the future of stores.
Open banking eliminates many of A2A payments’ pain points, making them an even more attractive option for merchants.
Investors continue to pour millions into ecommerce tech solutions: Salsify is the latest platform to reach a multi-billion dollar valuation as brands and retailers look for ways to improve their omnichannel capabilities.
Bed Bath & Beyond’s struggles put the success of its turnaround plan in doubt: The retailer blamed inventory issues and slowing consumer demand for its disappointing Q4 results.
Rent the Runway believes the conditions are ripe for growth: Inflation could drive more consumers to rent, rather than buy, as people return to spending on experiences.
Rising prices drove retail sales to increase 0.5% in March: Despite sharp price increases, consumer sentiment hit a three-month high in early April due to strong job and wage numbers.
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Brooklinen and Parachute push to gain market share: The two D2C home goods brands are opening stores and expanding into new channels to drive sales growth.
Restaurants are experimenting with robots, but customers aren’t enthused: Labor crunches and high costs are pushing fast-food chains like Chipotle and Panera Bread to adopt automation front and back of house.
Panera’s new AI uses sensors, algorithms, and analytics to ensure coffee is optimally brewed: Restaurants are leaning into AI and automation, but will long-term effects lead to reduced hospitality and fewer customers?
The card lets customers earn unlimited 2% cash back and may signal a broader move into general-purpose cards.
Cash is on the decline everywhere, accounting for at most 44% of point-of-sale (POS) transaction value regionally and just 18% globally in 2021. Its share will drop to 10% worldwide by the end of 2025, with North America, Asia-Pacific, and Europe leading the charge away from physical money.
Meta’s Horizon Worlds features can monetize VR: Creators will be able to sell items “in-world,” with Meta taking up to 47.5%. Will creators balk at the cost of business in the metaverse?
Cooling consumer demand drives down Q1 PC sales: PC makers need to attract consumer and educational markets with compelling 2-in-1s, gaming PCs, and tablets in coming quarters.