Remove 2012 Remove Millennials Remove Retail Remove Technology
article thumbnail

ViSenze Sees Visual Search Growth In eCommerce

PYMNTS

AI technology startup ViSenze creates digital image search solutions built on deep learning and computer vision capabilities. Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users.

article thumbnail

Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Digital Real Estate Boom (And How Long It Might Last)

PYMNTS

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. Pushed by all of that suddenly exploding demand, the real estate market (particularly the digital retail market) has been booming. Also, continued investment in technology is enabling people to do more of their shopping and transacting online.

Video 210
article thumbnail

Grocery Tracker: Time Crunch

PYMNTS

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Kroger reportedly became a minority owner in Murray’s Cheese back in 2012. consumer retail food and beverage spending. The outposts are designed to mimic Murray’s flagship store.

article thumbnail

Why The Gap Needs Athleta To Stay Fit

PYMNTS

When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the retailer against the exploding popularity of Canadian athleisure brand lululemon , which debuted its initial public offering (IPO) in 2007. We’re not like, ‘Oh, it’s all about millennials.’

article thumbnail

Blue Apron Turns 7 As Meal Kit Industry Grows Up

PYMNTS

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. The timing seemed perfect. Social Media’s Role.

Industry 110
article thumbnail

Blue Apron Marks Seventh Birthday Amid Meal Kit Industry Changes

PYMNTS

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. The timing seemed perfect. Social Media’s Role.

Industry 100