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JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well. billion via retail and marketing in 2022. Larger Trends.

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JANUARY 31, 2017

Ahold Delhaize (AD) — the food retail group that owns Food Lion, Hannaford and Stop & Shop, among others in the U.S. the grocery and pharmacy conglomerate behind Albertsons, Shaw’s, Star Market and Safeway, among others — has welcomed a new senior VP of digital marketing and eCommerce, Narayan Iyengar. percent to $162.93.

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MARCH 24, 2017

A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience. This signals brands to focus on building a strong foundation to win trust.

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FEBRUARY 20, 2019

Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. the domestic market for legal cannabis in 2018 was $9.1 By 2025, estimates put it in the $15 billion range. Here in the U.S.,

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SEPTEMBER 11, 2019

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. Because the market is indeed growing in the U.S. – Probably not.

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MARCH 28, 2019

Digital meeting places, you might call them – bringing buyers and sellers together across any number of verticals, from eCommerce tied to retail to gig economy matchups that get projects done. Data: $335 billion: Estimated size of the global sharing economy by 2025. Underpinning it all? The glue boils down to one word: trust.

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AUGUST 23, 2018

Forget Apple and its $1 trillion market capitalization. trillion in market cap by 2024. The analyst said in a research note to clients that AWS may be worth $1 trillion in six years, which would be larger than Amazon’s market cap, which currently stands at $929 billion. company to pass the $1 trillion market cap threshold.

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MARCH 17, 2020

retail economy is unprecedented. What are some of the retailing changes that could last beyond the end of the coronavirus crisis? Contactless payments, however, will fit nicely into what will be a need to have low-touch or no-touch retailing experiences. The partial shutdown of the U.S. So what sticks? They want convenience.

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JUNE 12, 2019

And, in retail, firms from automakers to merchants are tapping into connected commerce technology. 59 billion: Estimated value of the global biometrics market by 2025. 13 billion: Projected value of the identity verification market by 2025. . $59 All this, Today In Data.

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JULY 2, 2020

As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. The retailer also recognized a long-lived asset impairment charge of $80 million, per its Q1 financial results.

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OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Despite concerns in the market about the COVID-19 pandemic affecting purchases of used clothes, ThredUp says it's added customers this year, Bloomberg writes. Bloomberg reports.

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MAY 29, 2019

To bring nutrient-dense meal options into buildings, prepared meal companies are turning to unattended retail. Alpaca Market , for instance, has a network of vending machines and smart fridges in Austin, Texas. Alpaca Market sources local and organic ingredients whenever possible, and also stocks the devices with seasonal menus.

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JANUARY 29, 2018

Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Traditional brick-and-mortar grocery stores are seeking to adapt to this new market through ominchannel marketing. Some grocers like Stop & Shop have their own loyalty programs.

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JULY 12, 2019

And, in retail, sellers of health and beauty products are very prepared to embrace innovation in comparison to healthcare service providers. 35 B: Expected value of the global call center software market by 2025. 35 B: Expected value of the global call center software market by 2025. All This, Today In Data.

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JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement.

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JANUARY 18, 2021

The integration is slated to give JioMart control of India’s retail market, which is estimated to reach $1.3 trillion by 2025. Reliance Retail will then pose a formidable challenge to Flipkart and Amazon for eCommerce domination in the country. “It It is essentially [the] marrying of strengths for both companies.

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JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Google and Temasek Holdings Private Ltd. , s Vision Fund has also met with Facebook Inc. Microsoft Corp. and Amazon.com Inc. , the sources said.

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MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

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AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. The company noted that its own industry, market and competitive positioning data comes from Bain & Company and a number of other third-party data sources. Within that, how much is online?

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MARCH 12, 2018

Artificial intelligence (AI) is making itself right at home in the retail industry. In 2016, AI in the retail market totaled $712.6 By 2025 — less than a decade later — it’s projected to reach $27,238.6 First, there’s the growth of the mobile market. Why such an astronomical increase?

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APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

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DECEMBER 26, 2019

In an email to merchants, the company said the reason is a change in retail strategy, and the site will merge with SpeedLvn, which retails products sold at Lotte’s physical stores. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

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SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

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MARCH 22, 2019

Speed also plays a role in authentication — especially in the wake of a new regulatory crackdown against a growing part of retail — and kiosks are helping to meet consumers’ need for instant gratification. percent: Projected CAGR of the global self-service kiosk market through 2024.

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FEBRUARY 19, 2020

Depending on how one defines the terms “weight management” or “weight loss services,” the industry is projected to be valued at $21 billion on the low end up to $443 billion on the high end by the year 2025. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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OCTOBER 2, 2020

Data: $86B: Estimated spend on in-car commerce by 2025. 3.6T: Projected size of the "embedded finance" market by 2030. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

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JULY 10, 2019

And, in digital innovation news, the automated retail landscape in the U.S. billion: Expected value of the mPOS market by 2025. billion: Expected value of the mPOS market by 2025. Some firms say they expect their suppliers to accept late payments because they’re important customers. All this, Today in Data.

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NOVEMBER 15, 2019

Headquartered in Broomfield, Colorado, NEN is a front-end retail and entertainment vending company operating more than 50,000 amusement devices. The company has skill cranes, kiddie rides and video game kiosks in over 18,000 retail and restaurant locations in the U.S. and Puerto Rico.

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FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. These are the valleys to cross and the path through them needs to be charted with care.”.

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OCTOBER 7, 2016

Of the total worldwide grocery market, online sales now make up 4.4 The report predicted that, by 2025, that number will have climbed to 9 percent of overall sales for a total of $150 billion. currently remain a relatively small portion of the market but found the highest percentage of share in South Korea, at 16.6 In the U.S.

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JANUARY 18, 2021

Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Singapore-based FinTech Grab is mulling a U.S.

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SEPTEMBER 2, 2020

Consumers are showing little interest in returning to in-store shopping six months into the pandemic, leading retailers around the globe to double down on their digital capabilities to convert these new digital-first shoppers. percent through 2025, when it is expected to total $42.9

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JULY 11, 2019

Representatives for the retailer say that once an order of 15 items or less is placed it will be available for pickup within four hours. The move comes as more and more retailers are offering eCommerce options to consumers, whose shopping habits are evolving. Orders for same-day pickup, however, are limited to 15 items.

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APRIL 19, 2019

In a press release issued Thursday (April 18), Hypur said its payments technology enables business, retail and online transactions for merchants in the hemp and CBD markets in the U.S. its CBD market is also experiencing significant growth. Galvin, CEO of Hypur, said in a statement. As marijuana legalization spreads in the U.S.,

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AUGUST 14, 2020

I would rather grow the market than just try to take everything,” the executive said. However, COVID-19 assisted in powering an increase in market value this year, with a recent 30 percent drop in shares following Q2 earnings. Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa.

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OCTOBER 28, 2020

Many of those who are still employed continue to work remotely from home, making it abundantly clear that the digital-first market that has emerged since the pandemic’s outset will likely persist for the foreseeable future. percent until 2025, when it is poised to reach $42.9

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SEPTEMBER 23, 2019

51 percent: Estimated CAGR of global SMB online platform market through 2025. billion: Estimated value of global video streaming market by 2022. Data: $10 million: Amount of fresh funding for smart-cart tech firm Caper. 9 percent: Share of annual U.K. workers’ salaries spent on hotels. $18

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