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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

The company also wants to improve the payment experience with a new guest checkout option — which rolled out on Wish’s mobile web platform in Q2 — and is working on easier log-in options for existing users. The company also is considering offering free shipping on orders above certain spending thresholds. Rationalizing’ corporate overhead. “We

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Amazon’s Q2 revenues beat expectations

Mass Relators

billion included in non-operating expenses from the company’s common stock investment in Rivian Automotive Inc. That compares to net income of $7.8 billion in last year’s second quarter. Amazon said this year’s net loss for the quarter includes a pre-tax valuation loss of $3.9

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Instacart expedites omnichannel retailing

Mass Relators

Two recent deals — the purchase of FoodStorm, an order management system that facilitates catering operations for food retailers, and smart shopping cart and checkout technology provider Caper AI — illustrate the point.

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The Cloud in Retail: Transforming the Use of Video in Stores

Retail TouchPoints

The most common benefit realized from switching from an on-premises, server-based system to a cloud offering is the ability to eliminate significant upfront capital expenses in new video hardware. Instead, it becomes an operational expense in the form of a subscription fee paid yearly, quarterly or monthly.