Amazon and Walmart Introduce Virtual and AI-Powered Shopping
Amazon and Walmart have introduced virtual and AI-powered shopping experiences to cater to customers’ needs during the holiday season.
Amazon and Walmart have introduced virtual and AI-powered shopping experiences to cater to customers’ needs during the holiday season.
Effective rewards programs are emerging as a powerful strategy to boost both immediate sales and long-term customer loyalty.
European e-grocery retailer Knuspr has teamed up with Amazon.de, the German business of e-commerce major Amazon, to offer e-grocery delivery services in Germany.
UK retail sales experienced a slight year-on-year (YoY) increase of 0.6% in October 2024, as reported by the British Retail Consortium (BRC).
Retailers face mounting pressure to balance sustainability with profitability, as consumers increasingly prioritise eco-conscious brands.
Brits are broadening Black Friday buys beyond clothes and electronics, with air travel and health gaining traction among younger shoppers.
As retailers implement strategic discounts and promotional offers, consumers can expect to find better deals, particularly during the festive season.
Amazon’s third-quarter results show a steady revenue increase of 11% compared to the previous year, with growth across all major segments.
Retail sales volumes in the UK experienced a 6% decline in October 2024, following 4% growth in September, as reported by the CBI.
Canada’s retail group finds small retailers successfully combining traditional methods with digital innovation.
Retailers must quickly adapt to demand spikes from viral products and social media, says Matt Gregory of Körber Supply Chain Software.
Jay Jaffin from Blackhawk Network argues that traditional discounts and sales drive purchases yet fall short in establishing lasting customer bonds.
To tackle concerns over consumer debt and financial wellbeing, the government has opened a public consultation on BNPL regulation.
As the holiday season gets closer, retailers have an opportunity to tap into the influx of corporate sales and spending.
By the end of 2024, retail media is expected to make up over 25% of global ad spend, as 69% of advertisers plan to raise their investments in RMNs.