article thumbnail

Tokyo Olympics: Will Changes and Challenges Put Retail Off its Game?

Retail TouchPoints

At the 2016 Summer Games, the IOC and local organizing committee generated $31 million in revenue on retail sales of over $300 million , according to an IOC report, and the 2012 Games in London generated $119 million in revenue on almost $1 billion in retail sales. shoppers still need a bit of a nudge.

article thumbnail

PayPal preparing US$45 billion bid for Pinterest

Inside Retail

“(The) combination would be a significant positive for PayPal’s ongoing monetization initiatives on both sides of its merchant and consumer platforms, especially if Pinterest’s social commerce platform gets integrated with Honey’s AI into PayPal’s destination app,” Wedbush analysts wrote in a note.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RICE22: 5 Things Everyone in Retail Should Know About the Metaverse

Retail TouchPoints

Some of us may have chuckled at Google’s first attempts at “smart glasses” back in 2012, but it appears the company was just ahead of its time. For younger consumers, many of the formative experiences of their youth are already happening in the metaverse. First, Understand What the Metaverse Isn’t.

Consumer 311
article thumbnail

Inside the Metaverse Mania: Experts Identify 4 Key Challenges and Opportunities

Retail TouchPoints

“With it will come the meta-economy, which will power new opportunities for work, wealth, status and identity, and will impact how consumers communicate, play, shop and learn.”. Not only will consumers need ways to create their virtual avatars, but they’re also going to want ways to personalize them. 1: Infrastructure.

Consumer 268
article thumbnail

Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

The mall is now digital, global and social – and it’s changing how brands market their products. Soaring e-commerce adoption has driven consumer packaged goods (CPG) suppliers to embrace digital marketing to connect with consumers around the clock and around the world to fuel sales. social commerce sales rose 35.8%

article thumbnail

Spring Fair looks ahead to 2025 following a buzzing show

A1 Retail

Ginny Major, eCommerce Home & Living Category Manager, TikTok Shop Global said “Collaborating with Spring Fair has been essential in educating the industry about the value of TikTok Shop and the future of social commerce. We’ve made connections with so many remarkable businesses and eagerly await returning for Autumn Fair.”

Fashion 59