Online jewelry sales from direct-to-consumer brands have been on the rise during the pandemic. Getty New data shows that jewelry has been one of the hardest-hit retail industries during the pandemic. Other reports indicate that website traffic to online jewelry retailers has steadily decreased since February 25. However, select retailers within this vertical (most outside […]
Monthly Archives: June 2020
Pinterest adds shopping feature to visual search
Brief: Pinterest is letting people shop for products they find with Lens, a visual search tool that uses image-recognition technology to identify objects with a smartphone camera. The Shop tab appears above a feed of shoppable posts of matching in-stock products at retailer websites, per an announcement. To use the feature, shoppers need to click […]
China’s Cultural Revolution 2.0: How The Communist Party Is Reviving Its Retail Economy
China government gives the green light pushing peddlers back on the streets, leaning on street … [+] vendors to boost employment and the economy. AFP via Getty Images Back On The Streets China’s post-COVID economy is seeing a revival as we know it – not in luxury shopping centres or Tmall, but back on the […]
Facebook researchers detail progress in contextual chatbots for shopping
Brief: Facebook researchers this week described how data about human conversations can lead to improvements in shopping chatbots, according to a technical report shared by Venture Beat. In the report about Situated Interactive MultiModal Conversations (SIMMC), researchers demonstrated how information gleaned from 169,000 human utterances in 13,000 discussions were used to automate conversations about shopping […]
2 Business Trends To Keep An Eye On During The Pandemic
Video chatting with friends during social distancing Getty Consumers are constantly embracing new habits and behaviors to adapt during market uncertainty. The current economic crisis is driving founders to look for alternative business ideas that can yield returns, while also following newfound consumer habits to keep their businesses alive. Whether you’re looking to create side […]
Gulf mall operators rein in expansion as retailers reel from COVID-19
DUBAI (Reuters) – Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres catering to tourists and wealthy locals. FILE PHOTO: A woman walks in an almost empty mall amid the outbreak of coronavirus disease (COVID-19), in Dubai, United […]
Genesco Inc (GCO) Q1 2021 Earnings Call Transcript
Image source: The Motley Fool. Genesco Inc (NYSE:GCO)Q1 2021 Earnings CallJun 9, 2020, 8: 30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Genesco First Quarter Fiscal 2021 Conference Call. [Operator Instructions] I would now like to turn the call over to Dave Slater, Vice […]
How Will Retailers Survive This Time of Crisis?
Ladies in Tech: 20 Trailblazers Share Their Journeys An excellent guide for trainees considering STEM courses, graduates contemplating job options, and career changers at any stage in life. Get the Kindle or Paperback The COVID-19 pandemic will be among the defining occasions of our lifetime. The economic effects will last years and permanently change customer […]
Is Cross-Border the Next Frontier for Ecommerce Businesses?
Cross-border e-commerce has gained a large momentum due to customers buying products from other countries. There are many reasons why consumers would choose to buy from another country. Some of the reasons are shipping options, payment methods, product quality, and more. Since online customers can choose their sellers anywhere on the globe, brands and retailers […]
A New Reality For Marketing And Consumer Experience In 2020
Back in February, I wrote about my 2020 forecasts for marketing and consumer experience. When I composed the piece, I was still able to travel to an office, and the coronavirus infection count was low and mainly within the location it was initially determined. Life was generally the same. Reading the news from that day […]
