Excess stock is a huge issue for US retailers at this time of year. The key to avoiding inventory waste is by forward planning and having rapid response software which allows retailers to pivot quickly to fill order gaps and ditch items which are not selling.
Author: Retailist Team
Retail media is essential for marketplaces not only as a way to monetize digital inventory but to drive a high-growth seller community. By prioritizing your sellers, you create the foundation for a successful marketplace
Valentine’s Day lends itself particularly well to experiential marketing campaigns since gift-giving and Valentine’s Day go hand-in-hand.
The risks inherent in crypto markets is something that investors must accept. However, the information provided by crypto platforms empowers investors to better navigate those risks. When platforms withhold or falsify information on their operations, as FTX is charged with doing, it puts investors at an extreme disadvantage. Crises like those experienced by FTX can be expected when crypto exchanges fail to comply with regulations that require disclosure that is intended to aid investors.
The UK is facing an inflection point with more businesses increasingly preparing to offer Open Banking payments in light of conclusive success cases, such as HMRC taking over £8bn worth of Open Banking payments. Such spreading enthusiasm should galvanise further adoption and improve understanding of this solution
Some people in the Conversational AI industry already call it the end of an era, we’ll be more careful here and say there will be a new era for general-purpose voice assistants. We’ll need to wait and see what exactly will come out of it.
The most important tool retailers can use to fight back against counterfeit products is trust.
One of the most important things to keep in mind when trying to recover dollars from Amazon is to never give up when the evidence supports your side. Amazon’s automation is far from perfect, and sometimes their flawed process creates erroneous fees.
Q4 Retail Forecast
There is an enormous opportunity for retailers who are able to credibly offer these sustainable products to their customers. The ethical fashion market opportunity is projected to reach $10B by 2025.
Not only are sustainable practices beneficial for the environment, but customers also favour them. With many brands reluctant to adapt their practices and business structures to be more sustainable, customers have continuously changed the brands they support because of their care for the environment.