Technology: Page 58
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Dick’s Sporting Goods debuts virtual high school experience on Roblox
Brands and retailers are flocking to the platform in the hopes of reaching younger consumers.
By Tatiana Walk-Morris • July 28, 2022 -
Shopify reports $1.2B net loss, lays off 10% of its workforce
The company’s e-commerce gamble “didn’t pay off,” CEO Tobi Lütke said, and it expects operating losses through the rest of the year.
By Dani James • July 27, 2022 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Adobe: Total online sales during Prime Day near $12B
The week of the event drove “record” online spending of $22.4 billion, according to the research firm.
By Tatiana Walk-Morris • July 27, 2022 -
Best Buy pilots a small-format, digitally focused store
The 5,000-square-foot location in North Carolina excludes appliances and other large items, instead focusing on curated products and services.
By Ben Unglesbee • July 26, 2022 -
Grill company Weber CTO steps in as interim CEO
At least in the interim, technology is the answer for Weber as CEO Chris Scherzinger departs amid sales slump, supply chain woes and inflation.
By Matt Ashare • July 26, 2022 -
Yeezy Gap collection now available at NYC flagship store
The news comes after Kanye West's June trademark application for retail stores named YZYSPLY, and Gap’s CEO Sonia Syngal’s exit last week.
By Dani James • July 22, 2022 -
Dollar Tree taps new CIO amid C-suite shakeup
Bobby Aflatooni joins other members of the retailer’s C-suite from Dollar General as it navigates a business overhaul, price hikes and rodent problems.
By Matt Ashare • July 22, 2022 -
YouTube partners with Shopify for new commerce features
The video platform now allows creators to link their Shopify stores to channels, and users can pay without leaving the site.
By Dani James • July 21, 2022 -
Snapchat-backed resale platform Galaxy raises $4.5M
The social media company is expanding its interest in commerce by entering the booming secondhand fashion industry.
By Dani James • July 21, 2022 -
Amazon sues 10K Facebook group admins over fake reviews
The company stressed the need for collaboration between businesses, social media platforms and law enforcement to prevent fraudulent reviews.
By Tatiana Walk-Morris • July 20, 2022 -
Instagram launches payment-in-chat feature for businesses
The release allows brands to directly convert customer messages into transactions without leaving the app, positioning it to be a one-stop commerce destination.
By Dani James • July 19, 2022 -
Klarna to open Los Angeles pop-up shop
Located on Melrose Avenue, the payment firm’s two-day shopping experience will showcase sustainable brands.
By Tatiana Walk-Morris • July 19, 2022 -
What's next for Gopuff and rapid delivery as the young industry hits 'an inflection point'?
Even with recent setbacks, the company is focused on accelerating its path to profitability, which it plans to achieve in about two years.
By Jeff Wells , Sam Silverstein , Catherine Douglas Moran • July 19, 2022 -
Kohl's replaces executive leading tech, supply chain
Paul Gaffney, who had been filling both roles for about a year, arrived three years ago from Dick’s Sporting Goods.
By Daphne Howland • July 18, 2022 -
Walmart expands Spanish search on website
At the height of the pandemic, the retailer saw its Spanish queries spike more than five times compared to pre-pandemic levels.
By Tatiana Walk-Morris • July 18, 2022 -
Fabric lays off 40% of its workforce, names new CEO
CEO and co-founder Elram Goren has stepped aside as the micro-fulfillment technology company shifts to focus on selling hardware and software.
By Sam Silverstein • July 18, 2022 -
Amazon expanding drone delivery service to Texas
Customers in the city of College Station are set to receive goods via Prime Air later this year.
By Max Garland • July 15, 2022 -
Nike debuts new store concept with Nike Style
The store, which opened Friday in Seoul, South Korea, features gender-neutral merchandising and a content studio.
By Cara Salpini • July 15, 2022 -
Virtual experiences impact consumer purchase decisions, but tech adoption is low: report
Most shoppers are not yet comfortable with extended reality experiences despite the positive impact they have on purchases, a Forrester report found.
By Dani James • July 14, 2022 -
Summersalt launches The Forecast content platform
Led by The Knot’s former editor-in-chief, the platform will offer shoppers travel tips, fashion advice and inspirational stories.
By Tatiana Walk-Morris • July 14, 2022 -
Walmart to purchase 4,500 Canoo electric vehicles to boost last-mile coverage
The retailer is beefing up its delivery fleet as it gears up to fulfill more online orders with a short turnaround time.
By Max Garland • July 13, 2022 -
Verishop raises $40M in Series B round
The financing will go toward improving its capabilities, with a focus on supporting independent and up-and-coming brands.
By Tatiana Walk-Morris • July 13, 2022 -
GameStop launches NFT marketplace
The latest progression of the retailer’s digital transformation follows news that it fired its CFO and reportedly plans layoffs.
By Dani James • July 13, 2022 -
Amazon bringing new and improved Dash Carts to Whole Foods
Amazon will trial the carts at a store in Massachusetts before bringing them to additional locations along with “many” Fresh stores.
By Jeff Wells • July 13, 2022 -
Gopuff laying off 10% of global workforce, closing dozens of US warehouses
The company, which is eliminating jobs for the second time in just a few months, is taking action as instant delivery faces an “inflection point,” according to a memo sent to investors.
By Jeff Wells • July 13, 2022