Some of the biggest retailers are using artificial intelligence (AI) to help dictate their return policies.
RetailRevolution
RetailRevolution
Amazon Delivers 1.5 Billion Products During Holiday Season
Amazon has reported a record-breaking holiday season, shipping some 1.5 billion products.
National Retail Federation CEO: This Is A Great Time For Innovation
National Retail Federation CEO Matthew Shay says that the pandemic has made this a great time for innovation by retailers.
Kroger CEO: Customers That Engage Digitally Spend Twice As Much
Kroger CEO Rodney McMullen says that customers who engage digitally come in more often and spend twice as much on average as non-digital customers.
Lookout Amazon: Walmart Using Stores to Speed Up Online Shipping
Walmart is taking aim at one of Amazon’s biggest benefits, fast shipping, by using its stores to speed up delivery.
Shopify Evolving Into World’s First Retail Operating System
Harley Finkelstein, COO of Shopify, discusses how COVID has dramatically sped up the timeline for commerce moving online and has also moved Shopify closer to its goal of becoming the world’s first retail operating system.
Luxury Online Retailer Farfetch Focusing on Technology to Improve the Consumer Experience
Luxury online retailer Farfetch, where prices start at around a thousand dollars, had a breakout IPO on Thursday raising $885 million while setting a valuation of $6.2 billion on the company.
Former Walmart U.S. CEO Sees Virtual Reality As Future Of Retail
Former Walmart U.S. President and CEO Bill Simon sees technology, such as virtual reality, having…
Is Amazon Destroying Retail?
“A set of facts could be put forward that would support that (they are destroying the retail landscape),” says former Walmart CEO Bill Simon. “Do I want to go out of business because I’ve lost my sales by not matching them on price? Or, do I want to go out of business because I’ve matched them on price?”
Google Brings Free Retail Listings to Google Search
Google has announced that it is bringing free retail listings to the main Google Search results page.