From pandemic highs to inflation-driven lows, retailers have been on a roller coaster over the last 3 years. However, we are far from the “retail apocalypse” predicted in 2010. Instead, …
Retail sale
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Retail
AI powers proactive hyper-personalized experience for retail banking customers
by Ozva Adminby Ozva Admina recent satisfaction study by JD Power for US Retail Banks found that banks have struggled to meet customer personalization expectations with nearly half of customers moving to digital-centric banking …
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Entrepreneurs
One year after raising $6.5 million, GoodGood shuts down claiming it can’t find more money
by Ozva Adminby Ozva AdminThe company says the recession has had a “dramatic impact” on its fast-paced local trade delivery business. Almost a year after closing a major seed round, based in Toronto Well …
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On November 22, 2022, Šiaulių Bankas and Invalda INVL signed an agreement on the merger of part of the retail businesses. The Board of Directors of Invalda INVL approved the …
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Retail
Can brands furnish an online retail future in home decor? Wayfair and Williams Sonoma have their own designs for survival
by Ozva Adminby Ozva AdminNeed some improvement… Earlier this month, online furniture retailer Made.com, once a retail darling, collapsed into administration, with Next taking its brand name, domain names and intellectual property for £3.4m. …
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Introduced locally by Takealot in 2012, Black Friday has become one of the biggest events on the South African retail calendar, kicking off the festive retail season. An attractive feature …
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Interior of the new Herschel Supply store in Flatiron. Courtesy of Herschel Supply Today, the Canadian lifestyle brand, Herschel Supply, known for its backpacks, opens its first US retail store …
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Retail
US retail sales rise as consumers step up spending | Business and Economy News
by Ozva Adminby Ozva AdminAmericans increased their spending at retailers, restaurants and car dealerships last month, a sign of consumer resilience as the holiday shopping season kicks off amid painfully high inflation and rising …
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C Country fashion brand Joules has announced it plans to appoint managers after failing to reach a financing deal to shore up the business, putting around 1,600 jobs at risk. …
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Retail
Beauty tech in-store holds great promise for consumer experience and shopping journey says Mintel
by Ozva Adminby Ozva AdminIn a transition that began with the migration to online shopping during the COVID-19 pandemic, consumer engagement with brands in the digital space has moved beyond simple ‘search and buy’ …