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Ralph Lauren has opened a concept store in Miami that will accept cryptocurrency payments through a partnership with BitPay , according to a tweet. Marking the first time Ralph Lauren will accept crypto as payment, the store will accept cryptocurrencies including bitcoin, Ethereum, polygon and dogecoin. Products available include the Men’s Purple and Women’s Collection luxury labels as well as one-of-a-kind handbags and other accessories that will be sold exclusively at the Miami store.
Many shoppers are cutting back their spending under the weight of more than a year of inflation, but there’s still good news for the luxury industry — 62% of its shoppers plan to spend the same or more on luxury in the next three months compared to the last three months , according to Saks Fifth Avenue ’s Saks Luxury Pulse survey. This behavior, combined with growing interest in travel and going out, is creating new opportunities despite the economic uncertainty affecting the industry. “We
Samsung engineers used ChatGPT to try and fix problems with source code for identifying microchip faults. Doing so led to confidential company information being transmitted to OpenAi, the generative artificial intelligence technology maker. ChatGPT retains information so that it can continue to learn. At least three incidents of Samsung losing control of its confidential information have been tied to its use of the technology.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The National Retail Federation (NRF) and the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) are teaming up to improve retail cybersecurity. The two industry-leading organizations will be combining their efforts in intelligence and threat monitoring. The goals of this partnership, announced in January 2023, include enhancing access to cybersecurity news, guidance, education and resources for retail industry businesses.
Data from the Department of Labor Wage and Hour Division’s “2022 Southern California Garment Survey” found some workers making as little as $1.58 an hour. “Despite our efforts to hold Southern California’s garment industry employers accountable, we continue to see people who make clothes sold by some of the nation’s leading retailers working in sweatshops,” said Wage and Hour Regional Administrator Ruben Rosalez.
American Eagle Outfitters (AEO) plans to implement a new RFID and computer vision-based store inventory tracking system from Radar at approximately 500 stores across the U.S. over the next year. The new system will enable store associates to know what product is in-store and where so they can more easily and efficiently serve customers, replenish items on the sales floor and fulfill in-store and curbside pickup orders.
American Eagle Outfitters (AEO) plans to implement a new RFID and computer vision-based store inventory tracking system from Radar at approximately 500 stores across the U.S. over the next year. The new system will enable store associates to know what product is in-store and where so they can more easily and efficiently serve customers, replenish items on the sales floor and fulfill in-store and curbside pickup orders.
Walmart plans to add electric vehicle (EV) charging stations at thousands of stores across the U.S. by 2030. The retailer currently has 1,300 EV fast-charging stations at more than 280 locations. “With a store or club located within 10 miles of approximately 90 percent of Americans, we are uniquely positioned to deliver a convenient charging option that will help make EV ownership possible whether people live in rural, suburban or urban areas,” wrote Vishal Kapadia, senior vice president of ener
Bed Bath & Beyond has submitted a securities filing stating that it is seeking shareholder approval for a reverse stock split at a May 9 special meeting. The move would enable it to raise up to $300 million in equity from a stock offering announced last week, which could help the retailer stave off bankruptcy. “The company may be unable to avoid bankruptcy if the reverse split proposal fails to obtain shareholder approval,” said Bed Bath & Beyond in the filing.
Bed Bath & Beyond has proposed a reverse stock split in the range of one-for-10 or one-for-20 to boost its share price and protect its ability to raise funds. The retailer’s shares hit a record low value of 31 cents in trading yesterday.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Mentions of job cuts are outpacing those about labor shortages in more earnings calls. That’s a big reversal after 2021 and 2022 were very much the years of the labor shortage and everyone was talking about how they were struggling to find workers,” said Julia Pollak, chief economist at ZipRecruiter. “We’re at a tipping point now.
Starbucks’ new Oleato drinks have so far received mixed reviews. Some people have called the drinks “delicious” and others have complained about feeling ill after consuming the beverages.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Chipotle sued Sweetgreen after the salad chain named a new menu item a “Chipotle Chicken Burrito Bowl.” Sweetgreen has since changed its name. “We have decided to rename our bowl to the Chicken + Chipotle Pepper Bowl as part of a tentative agreement to resolve the lawsuit,” said a Sweetgreen spokesperson. “Our mission is to bring customers healthy, elevated and craveable menu items that make you feel good.
Takahiro Tambara, chief information officer at Uniqlo’s parent, Fast Retailing, said mini RFID chips placed in the price tags enable customers to check themselves out of stores. The chips, used to track items throughout the supply chain, have helped significantly reduce out-of-stocks and improve the customer experience in the retailer’s stores.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
SRSLY Low Carb continues to turn everyday eating conventions on its head, this time with a low carb small chunk, sweet pickle that brings extra umami panache to your Ploughmans, well-stacked sarnie, enticing cheeseboard or lazy weekend picnic…… but with only a teeny tiny fraction of the calories associated with ‘you know who’ (bring out […]
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Holistic thinking around brand and branch development, meeting customers where they are and serving diverse and evolving needs are always hot topics with our banking clients.
Learn more about the features to look for in a POS system that allows you to expedite hair styling and beauty services, enables product upsells, and helps you run an efficient salon.
In the fast-paced, competitive world of food service, delis, butcher shops, and fish markets require efficient, tech-driven solutions to stay ahead. In our latest eBook, “3 Ways POS Tech and Hardware Improve Deli Operations and Customer Experiences,” we delve into the transformative power of modern point-of-sale (POS) technology and how it can optimize deli businesses. 3 Ways POS Technology and Hardware Can Improve Your Deli Business Get the latest point-of-sale (POS) technology and
Plantation, Fla. — A partnership led by South Florida shopping center owner and developer Beth Azor has begun construction on a 6,119-square-foot Wawa gas station and convenience store located in Plantation, roughly 30 miles north of Miami. The partnership, which… The post Azor-Led Partnership Breaks Ground on 6,119-Square-Foot Wawa Gas Station in Metro Miami appeared first on Shopping Center Business.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
A weekly podcast with the latest e-commerce news and events. Episode 304 is an recap of ShopTalk 2023. Subscribe : Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ? ? ? ? ? ShopTalk 2023 took place at the Mandalay Bay in Las Vegas March 26 – March 29th, and seems fully back to pre-pandemic levels.
Sony Europe B.V. has announced the appointment of a new head of Professional Displays and Solutions, Rik Willemse, as part of a new era for the business.
The Cheeky Panda, the leading sustainable personal care, baby, and beauty brand, will be unveiling a new range of 9-pack toilet tissues at this year’s Natural & Organic Products Europe (NOPE) show, April 16 – 17, London ExCeL.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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