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Deep Dive: Visual Search As The Next Retail Battleground

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eCommerce’s rise has only made designing retail showrooms more complex, however. Digital brands lack brick-and-mortar stores’ advantages — customers cannot feel fabric textures or see electronics’ resolution qualities. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries.

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BNPL Is Poised To Light Up The COVID Holidays With Affordability

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Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. Like their love of BNPL.

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ThredUP And The Resale Retail Revolution

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Resale retail is a rapidly exploding business — particularly if one happens to be in the business of reselling clothes. According to thredUP’s most recent resale retail report, annually resale retail clocks in as a $40 billion industry, 49 percent of which ($18 billion) alone is apparel sales. We doubt it.

Retail 112
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L’Oréal, Instagram Lead Late-Year Social Commerce Push

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It’s also a play to capture TikTok’s Gen Z and millennial audience. This multifunctional platform includes curation tools, allowing social sellers to build inspirational, personal web pages connected to the brand’s website, and a marketing platform where sellers can create optimized, brand-safe social posts that lead to transactions.

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J.Crew Mulls Madewell IPO

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As J.Crew seeks to keep up the momentum of its Madewell apparel business, among other priorities, the retailer is exploring an initial public offering (IPO) for the brand. The brand reportedly brings in under a quarter of the company’s revenue. The offering could happen in the back half of this year, CNBC reported.

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mCommerce Rises To Meet Digital 3.0

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Mobile commerce hasn’t been a focus during the pandemic, but recently retail apps and other usage patterns are starting to appear as more than a blip on the Digital 3.0 However the digital shift at retail has focused mainly on general eCommerce surges. It’s never been a better time to be a retail app marketer.”. per customer.

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Unattended Retail Can Boost Visits To Stores

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Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. Consumers want their orders faster than ever before. The move could also bolster the company’s bottom line.

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