Retailer

The story behind HalloweenCostumes.com’s humble beginnings. The retailer, now a Halloween costume heavyweight, attributes its success to a wide selection of SKUs and exclusive designs.

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US consumers are planning to spend 4% more this holiday season, as shoppers between the ages of 18 and 34 expand their circle of gift recipients, according to the National Retail Federation (NRF).

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Online-first and so-called “clicks-to-bricks” retailers like Casper and Wayfair are paving the way for a new kind of shopping experience customers can have in retail stores.

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In 2018, the 889 U.S.-based retailers in Internet Retailer’s rankings of North America’s Top 1000 retailers by web sales sold $147.3 billion to consumers in other countries. While Amazon.com Inc. alone accounted for 44% of those sales, other U.S. retailers … Read the rest

Forever 21 filed for Chapter 11 bankruptcy protection earlier this week, reporting more than $1 billion in liabilities. The fast-fashion retailer, which rose to popularity banking on its frequent new styles and affordable fashion, was weighed down by its rapid … Read the rest

The goal of any retailer should be to provide a good customer experience, so each customer keeps coming back again and again. In the world of e-commerce, the top factors in delivering a good customer experience all revolve around shipping, … Read the rest

E-Commerce Numbers Are Higher Than Ever. Here’s How Retailers Can Keep Up

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Recently Zara introduced a sustainability pledge. But how can Zara ever be sustainable? As the largest fast-fashion retailer in the world, they produce around 450 million garments a year and release 500 new designs a week, about 20,000 a … Read the rest

When it comes to retail businesses, data quality and management practices will greatly improve the ability to capitalise on the benefits of AI, according to retail tech company Conversity.

According to the company, the majority of retailers have some awareness … Read the rest

Thanks to powerful technology, brands can now use a customer’s profile to provide guided recommendations that they are more likely to buy, cutting down irrelevancy and reducing choice overwhelm

Source: https://www.psfk.com/2019/07/guided-recommendations-retailers-ai.html… Read the rest