Articles

As ecommerce continues to dominate retail, the efficiency of handling returns becomes crucial for customer satisfaction and operational sustainability. The return rates for online purchases are significantly higher than those for brick-and-mortar stores, underscoring a major challenge for online retailers. In this environment, investing in technology to streamline the returns process is essential for…

As the digital transformation reshapes every sector, the U.S. grocery industry stands at a crucial juncture. According to a recent study by Brick Meets Click & Mercatus, over the next five years, traditional grocery sales are expected to slow as ecommerce gains a larger slice of the market pie. This shift is driven by…

As iconic brands experiment with branded access offers—short-term product rentals—the latest research from the University of Illinois suggests a potential pitfall: these innovative strategies might erode a brand’s perceived exclusivity. This revelation comes when companies grapple with balancing accessibility and maintaining the allure that defines luxury. The study warns that while these offers…

A new study by Brick Meets Click indicates a significant shift in the U.S. grocery market: Over the next five years, traditional grocery sales are expected to slow, while grocery ecommerce claims an increasing share. This change is driven by a rise in online sales and a strategic shift towards first-party services to optimise…

Sam’s Club is innovating the retail checkout experience w with its AI-powered exit technology, contrasting sharply with Amazon’s recent setbacks with its ‘Just Walk Out’ technology. Amidst Amazon’s rollback on implementing this technology in larger stores due to operational challenges, Sam’s Club’s approach emerges as a strategic experiment in customer service efficiency, particularly…

In the face of global economic shifts, grocery prices have continued to escalate, climbing by 21% over the last three years, outstripping the overall inflation rate of 18% for the same period. This trend persists even as general inflation shows signs of cooling, presenting a paradox that affects consumers and retailers alike. The ongoing…

As recent reports highlight a cooling in overall inflation rates, the grocery sector tells a different story. Over the past three years, grocery prices have surged by 21%, outpacing the general inflation rate of 18% during the same period. This divergence is particularly pronounced in certain food items, where price increases have reached as…

Recent discussions at NRF’s Big Show have catapulted RFID technology to the forefront of retail innovation, signaling a significant shift in how retailers manage operations and customer experiences. With major players like Macy’s and Levi’s demonstrating RFID’s effectiveness in enhancing inventory accuracy and reducing theft, the technology’s potential extends far beyond its initial applications….

As the retail landscape continues to evolve, big box retailers are increasingly focusing on transforming their spaces to cater to the experience economy. This shift comes as studies reveal that consumers are seeking more than just products; they desire immersive experiences that enhance their shopping journeys. The integration of advanced technologies such as virtual…