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Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation

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Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. Foot Locker last year invested $100 million in Goat Group, with a promise to collaborate on retail online and in stores in the future.

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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

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“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom , which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Marketing Cars Online.

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Mobile Game Shows Offer Brands Prized Millennial Viewers

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Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. However, the platform does send the proceeds to the brand, less any money donated to charity. Payments And Cash Back.

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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

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From virtual personal assistants to video games, smart cars, online customer support, and music or movie recommendations, AI has infiltrated nearly every aspect of consumers’ everyday lives. It’s clear that artificial intelligence has had an enormous impact on the retail industry as evidence by Dole Asia’s awareness campaign results.

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Staring Into The Crystal Ball of Retail’s Future

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Unfortunately, there’s no magical crystal ball that can provide a glimpse into the future of retail. Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. Seeing Retail Differently. The Industry Speaks.

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The Whole Paycheck Tracker: Walmart vs. Amazon

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There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still young – and, at this point, struggling – online bookstore. percent of the consumer’s total retail spend as of February 2019, compared to Amazon’s 6.4

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‘Content Is King, But Context Is Queen’ In Asia

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But first, virtual reality is also serving the retailer by helping to build more appealing physical retail layouts. Virtual reality is disrupting retail with the force of a wrecking ball in all parts of the world. Alibaba is a persistent influence in the Chinese retail and eCommerce sectors.

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