Retail
The integration of virtual and augmented reality, the rise of digital fashion, and brands building their metaverse cities—this page covers the trends and news that will influence the future of retail.
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https://www.unite.ai/best-ai-social-listening-tools/
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Unite
Understanding and analyzing social media conversations is crucial for today's businesses and organizations. AI-powered social listening tools are indispensable assets, offering advanced capabilities to monitor, interpret, and act upon social media data at scale. This article explores the top AI social listening tools that are improving how companies gain insights from online discussions, track brand sentiment, and engage with their audience effectively.
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https://www.campaignlive.com/article/google-incorporates-gemini-performance-max/1862665
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Campaignlive
Google has announced the global rollout of AI-powered asset generation and image editing for Performance Max campaigns. The rollout—which is due to hit US shores in March and globally thereafter—will be available in English, with additional languages on the horizon. It aims to improve how marketers engage with consumers across Google's ad inventory.
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https://www.bandt.com.au/klaviyos-2024-consumer-trends-report-what-brands-need-to-know-about-getting-personalisation-right/
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Bandt
New research from Klaviyo reveals that trust is vital to consumers' attitudes towards personalisation and how retailers can better power smarter digital relationships. Want to win with personalisation in 2024? The era of simply adding a recipient's first name to a subject line is over, according to a new report from Klaviyo that captures the perspectives of over 2,448 active Australian and New Zealand consumers.
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https://retail.economictimes.indiatimes.com/news/industry/consumer-data-utilisation-for-customized-offerings-important-to-build-lasting-connections-with-customers-says-industry-experts/108567289
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Retail
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ETRetail
Updated On Mar 17, 2024 at 10:10 PM IST
New Delhi: Consumer data utilization for customized offerings, product design, and creating emotional connect at stores between brands and consumers are the key areas that should be focused on to provide a better...
ETRetail
Updated On Mar 17, 2024 at 10:10 PM IST
New Delhi: Consumer data utilization for customized offerings, product design, and creating emotional connect at stores between brands and consumers are the key areas that should be focused on to provide a better...
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https://www.pymnts.com/news/ecommerce/2024/wto-countries-sign-global-ecommerce-agreement/
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Pymnts
(WTO) countries have signed a sweeping agreement governing global eCommerce. adopted Friday (July 26), is the first-ever set of global digital trade rules endorsed by the WTO. It calls for a prohibition. customs duties on electronic transactions and also includes rules for the recognition of e-signatures and safeguards against online fraud.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://wwd.com/business-news/technology/xgen-ai-e-commerce-1236183160/
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Wwd
XGen AI said Tuesday it is unveiling a suite of AI solutions that is "designed to revolutionize digital commerce."
XGen AI described the solutions as "transformative" as it empowers brands and retailers "with automated and verticalized tools that allow them to quickly and effortlessly design and...
XGen AI described the solutions as "transformative" as it empowers brands and retailers "with automated and verticalized tools that allow them to quickly and effortlessly design and...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://economictimes.indiatimes.com/news/economy/foreign-trade/dgft-inks-pact-with-dhl-to-train-msmes-on-e-commerce-exports/articleshow/108500302.cms
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Economictimes
To promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training sessions and workshops for MSMEs in 76 districts of the country, a statement said on Thursday. The exercise is aimed at preparing MSMEs to tap the growing...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://allafrica.com/stories/202408150160.html
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Allafrica
The Nigerian e-commerce sector, once hailed as a beacon of hope in Africa's digital economy, now stands at a crossroads. Despite the sector's potential, projected by the Nigerian Communications Commission to reach a market value of $22 billion by 2024, many players are grappling with dwindling revenues and escalating operating losses.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://financialit.net/news/payments/majid-al-futtaim-expands-partnership-checkoutcom-revolutionise-e-commerce
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Financialit
Majid Al Futtaim Expands Partnership with Checkout.Com to Revolutionise E-Commerce Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced a new partnership with Checkout.com, a leading global digital payments...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.craftbrewingbusiness.com/news/these-thc-beverages-are-headed-everywhere-in-texas-and-beyond/
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Craftbrewingbusiness
These THC beverages are headed everywhere in Texas (and beyond?)
March 19, 2024Chris Crowell
As we reported last year, Bayou City Hemp acquired 8th Wonder, Houston's decade-old brewery and distillery, to create a vertically integrated cannabis and craft beverage company. The beverages are...
March 19, 2024Chris Crowell
As we reported last year, Bayou City Hemp acquired 8th Wonder, Houston's decade-old brewery and distillery, to create a vertically integrated cannabis and craft beverage company. The beverages are...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.itnewsafrica.com/2024/08/human-touch-and-tech-expertise-into-e-commerce/
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Itnewsafrica
Backed by 20 years of tech expertise, SA's IT solutions provider Braintree has seen its retail turnover increase by 1,200% since launching its e-commerce offering two years ago. With the goal of supporting business professionals in both home and office environments, Braintree offers tech ecommerce over 3,000 premium products from 30 brands, including Dell, , Lenovo, and Microsoft.
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https://retailtechnologytrends.com/how-tech-is-revolutionizing-retail-outsourcing/
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Retailtechnologytrends
In an era where innovation accelerates at an unprecedented pace, the retail industry stands as a testament to the transformative power of technology. The age-old practice of retail outsourcing, once driven by the basic needs for cost-cutting and efficiency, is undergoing a profound metamorphosis,...
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https://retailtechinnovationhub.com/home/2024/8/22/why-e-commerce-will-never-kill-retail
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Retailtechinnovationhub
In the UK, e-commerce revenue is expected to grow by over 12% yearly over the next few years. It already makes up over 36% of consumer spending within the nation. Looking at these numbers, it's easy to assume that e-commerce will one day completely take over the market, killing the need for...
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https://www.pymnts.com/news/ecommerce/2024/shopify-pilots-ai-assistant-merchants/
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Pymnts
is offering merchants early access to a commerce-focused artificial intelligence assistant. "Sidekick offers all the context and guidance you need to make good decisions, resolve tasks and make the most of all the features in Shopify," the company said in the release. "Because it understands your specific products, orders and customers, it can also help generate customer segments and guide you to insights in analytics." The assistant is one of several AI-powered updates Shopify has made to its platform, according to the release.
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https://www.hortidaily.com/article/9609722/spar-austria-gross-retail-turnover-of-eur9-88bln-for-the-year-2023/
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Hortidaily
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https://www.thefastmode.com/expert-opinion/36432-leveraging-platforms-and-ai-to-deliver-secure-online-shopping-experiences
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Thefastmode
The rise of live streaming platforms has revolutionized online shopping, offering real-time interactions, personalized shopping experiences, and immediate purchase opportunities. However, this surge in popularity comes with the challenge of ensuring a safe and trustworthy shopping environment. The lack of moderation amidst millions of content means there are opportunities for many rogue sellers to sell counterfeits without being detected in real-time.
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https://www.newstrail.com/self-teaching-ai-market-growing-popularity-and-emerging-trends-google-amazon-tesla/
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Newstrail
The Global Self-Teaching AI Market study with 132+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyse futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization.
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https://www.fool.com/investing/2024/08/01/down-big-buy-dip-lululemon-growth-stock/?_tsrc=rss&referring_guid=3d9ee95e-318d-4511-8209-27c6a1b4bac6&source=eptyholnk0000202
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Fool
The apparel company offers an excellent example of how a stock priced to perfection can nosedive in an instant.
The reaction to the fiscal 2024 first-quarter report Lululemon (LULU -4.65%) released on June 5 was positive -- traders sent the stock up to an intraday high of $337.76 on June 6. Since...
The reaction to the fiscal 2024 first-quarter report Lululemon (LULU -4.65%) released on June 5 was positive -- traders sent the stock up to an intraday high of $337.76 on June 6. Since...
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https://www.mediapost.com/publications/article/393004/
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Mediapost
Global marketing and commercial print company R.Donnelley Sons & Company (RRD) recently published its "Modern Marketers" report, examining marketers' channel preference and consumer sentiment. We caught up with Stafanie Cortes, director, strategic analysis, direct marketing at RRD, to discuss the findings.
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https://www.insidermonkey.com/blog/7-best-restaurant-dividend-stocks-to-buy-1330669/
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Insidermonkey
In this article, we will analyze the 7 Best Restaurant Dividend Stocks to Buy Now. The restaurant industry is facing challenges this year due to shifting customer preferences. The 2020 pandemic had already prompted a move towards digital solutions, which were initially thought to be a long-term fix.
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https://hyken.com/customer-experience/top-5-customer-service-cx-articles-for-week-of-march-4-2024/
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Hyken
Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too.
(CustomerThink) Customer experience is the sum of all the interactions...
(CustomerThink) Customer experience is the sum of all the interactions...
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https://www.news24.com/fin24/companies/prime-price-slash-shoprite-switches-to-local-manufacturer-20240503
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News24
PRIME Hydration is selling for 75% less than it was in Checkers stores, just over a year after Shoprite started selling the beverage in SA. Shoprite says it is getting rid of existing stock because it will be sourcing it from a locally based manufacturer. The product, which is popular with Gen is at the centre of lawsuits in the US over its caffeine content and allegations about the presence of "forever chemicals". For more financial news, go to the News24 Business front page.