Future of Retail
Lululemon Unveils Partnership With ‘Infinite Recycling’ Startup Samsara Eco
Through the collaboration, Samsara Eco and Lululemon will create what they describe as the world’s first infinitely recycled nylon and polyester blends from apparel waste.
May 25, 2023
State of E-Commerce in Canada 2022
From examining first-time delivery success rates to analyzing dwell times of parcels in collection points, gain insights into Canada's evolving e-commerce landscape in this report.
May 23, 2023
eBay Acquires Certilogo to Show Commitment to the Secondhand Fashion Sector
The deal will not only mark a key investment in the growing pre-loved fashion category but also help strengthen eBay’s ability to authenticate designer garments for secondhand shoppers.
May 23, 2023
The Ultimate Guide to Creating High-Quality E-Commerce Videos That Drive Sales
Need help creating e-commerce product videos to increase your sales? Learn how to make a product video that will capture the attention of potential and existing customers.
May 19, 2023
SHEIN Partners With Queen of Raw to Reduce Excess Inventory
SHEIN is utilizing Queen of Raw’s proprietary software, Materia MX, to source existing materials from brands and retailers looking to responsibly clear out their excess fabric inventory rather than have it go to waste in landfills.
May 16, 2023
Revolutionizing E-Commerce Logistics with Blockchain Technology
This article explores the ways in which blockchain technology is transforming e-commerce logistics, including improved supply chain management, enhanced customer relationships, optimized payment systems, and more. Discover the benefits and limitations of using blockchain in e-commerce logistics and how it is revolutionizing the industry.
May 11, 2023
Top Artificial Intelligence & Machine Learning Strategies in E-Commerce Logistics
Here are 5 ways AI & Machine Learning can be applied in e-commerce: 1. Delivery Time Prediction 2. Virtual Assistant for Freight Management 3. Chatbots 4. Pricing Optimization 5. Product Recommendations
May 09, 2023
Funding Roundup: Ace Turtle, Chargel, Eighty6 and Others Close Early-Stage Deals
Explore what 6 of these amazing startups in the e-commerce, logistics and supply chain space have achieved in the past week: Ace Turtle, Chargel, Eighty6, Coldspace, Luca and Foundation.
May 05, 2023
Klarna Launches New AI-Powered, Customized Shopping Feed
The suite of new features include “Ask Klarna,” a personal shopping assistant where users can speak to real fashion experts, "Ads Manager", an ads tool that helps merchants connect with Klarna's community of highly-intent buyers and so on.
May 04, 2023
Amazon Unveils Program to Combat Counterfeiters in Retail
The Anti-Counterfeiting Exchange (ACX) helps track and stop perpetrators more quickly than they would without this collaborative data sharing.
May 02, 2023
The Future of Retail
Sustainability in retail
The retail landscape is undergoing an unprecedented transition. From an increase in cross-border e-commerce to the rise of omnichannel retail and growing emphasis on sustainability in retail, the retail revolution is picking up speed. Consumers nowadays not only care about product quality and prices but also how ethical the product is and its impact on the environment. As evidenced by an emergence of new sustainable clothing brands in recent years, sustainability has indeed moved up on the agenda in the future of retail.
Retail shopping is easily accessible
Omnichannel commerce is one of the top retail trends in 2022. Omnichannel retail describes a model in which consumers can interact with the brand via multiple sales and media channels. With this retail revolution, consumers can access the products they need seamlessly while brands can collect clients’ information and data to optimize operations and shopping experiences significantly.
Digital transformation in retail
Digital transformation is the process of integrating digital technologies into all aspects of a business model. Digital transformation improves customer experience and helps optimize the operations of brands. Optimizing operations is one of the pillars of retail digital transformation. As organizations today operate on a multi-channel playing field, integrating digital technologies is paramount to realizing the full benefits of digital transformation in retail.
Omnichannel retail has become a prominent trend in the retail landscape and is now an integral aspect of the retail revolution. It is a strategy that offers a seamless shopping experience that allows businesses to interact with their customers across multiple platforms. Many brands and retailers have adopted omnichannel commerce as their go-to strategy. Some of the more successful omnichannel retailers include Nespresso, LEGO, Sephora, and Pomelo. Each of these brands have unique approaches to omnichannel retail that are worth learning from.