Retailers across the country are seeing a surge in demand for extreme bargains as struggling shoppers tighten their budgets in the wake of the economic downturn. Instead of splurging on luxury items, consumers are opting for discounts and deals to stretch their dollars further.
Outdoor retailer, Mountain Gear, has announced that it will be closing its Denver store as the company shifts its focus to online sales. This decision comes as the company evaluates its distribution strategy in light of changing consumer habits and preferences.
A popular retailer has recently announced the distribution of its assets and the closure of all its stores as a result of filing for Chapter 11 bankruptcy.
In a recent move that has sent shockwaves through the retail industry in India, the government has cracked down on digital payments platform Paytm. This has caused panic among retailers who heavily rely on the platform for their business operations. However, amidst the chaos, two major retail giants, Walmart and Google, have seen an opportunity to expand their presence in the country.
Tony Spring, the newly appointed CEO of Macy’s, has his sights set on reviving the struggling retail giant. With Macy’s facing increased competition from online retailers and a need to stay relevant in a rapidly changing market, Spring is determined to bring the company back to its former glory.
With the ever-increasing popularity of self-checkout systems in retail stores, shoppers have been raising concerns about the efficiency, accuracy, and overall experience of using these automated machines. Retailers are now re-evaluating their self-checkout systems and implementing various strategies to address shopper concerns while reducing long lines.
Google Cloud, a leading provider of cloud computing services, has announced the launch of its latest generative artificial intelligence (AI) tools specifically designed for retailers. The tech giant aims to empower retailers with innovative solutions that can enhance customer experiences, boost operational efficiency, and drive business growth.
Google Cloud announced today the launch of its new generation of artificial intelligence (AI) products specifically tailored for the retail industry. With these advancements, retailers can now harness the power of AI to streamline operations, enhance customer experiences, and drive business growth.
Zulily, the popular online retailer known for its discounted apparel and home goods, has announced that it will be shutting down its operations and liquidating its assets. This unexpected news comes as a shock to many loyal customers and industry experts.
With the holiday season fast approaching, major retailers across the country have started implementing changes to their return policies. These changes come in the wake of the ongoing COVID-19 pandemic and the anticipated surge in online shopping. This article examines how some of the top retailers are adjusting their return policies to provide a better shopping experience for customers during these unprecedented times.
