The Latest Retail and eCommerce News
Beyond the Hype: Ensuring Online Pharma Safety Amid the GLP-1 Gold Rush
The booming weight loss drug market presents opportunities for manufacturers and retailers but also risks exploitation, including counterfeit and dangerous products, reminiscent of past health trends.
Robotics in Retail: Installations, Customer Service, and More
One of the most prominent and significant tech developments in the retail industry is the introduction of robotics. Today, not only are robots spotted in-store, but many companies are also employing robotic help for back-end processes like delivery fulfillment and storage automation.
Temu Shopping App Hits Over 735 Million Downloads; Monthly Downloads 3x Higher than Amazon`s
The perfect combination of low-cost products, free and fast shipping, and personalized purchase recommendations have helped Temu to successfully replicate the meteoric growth of its sister app, Pinduoduo, in overseas markets.
Measuring up: Gauging ROI at the point of sale
There’s a lot on the line when it comes to effectively gauging POS ROI. Determining placement and investment tops the list, so knowing how much to spend and where it should go is key.
RFID in the Foundation: AI’s Retail Success Must be Built on Accuracy
To remain competitive in today’s market, retailers must prioritize productivity – an area in which AI excels. However, AI’s strength is built on leveraging data. To get the best value out of their deployment, retailers must ensure the information they use is accurate and reliable.
With Gen Z Planning to Spend More This Holiday Season, Retailers Intensify Focus on AI, Social Media, and Deep Discounts
To capitalize on this spend-happy consumer demographic, retailers are investing in AI (70%), social media ads (39%), influencer marketing campaigns (35%), email marketing (33%), and SEO (29%)