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What ChatGPT can Teach Ecommerce Companies About the Future of Product Discovery

Retail TouchPoints

It feels like AI on a level we’ve never seen before, and its existence is massively exciting to all of us working in AI because it opens up so many new possibilities. Large Language Models (LLMs) and transformers will change search habits. With transformers and LLMs, these terse and stilted searches become less necessary.

Returns 290
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Mask and air purifier sales rise as smoke blankets the Northeast

Retail Wire

Air quality alerts have been posted in New Jersey and New York and searches for facemasks and air purifiers have jumped as a result. Stores report selling out of masks and purifiers.

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Street Legal: Ebay Expands Authenticity Guarantee to Cover Streetwear

Retail TouchPoints

Ebay has expanded its Authenticity Guarantee to streetwear to help ensure all new and pre-owned items sold for $200 or more can be verified for authenticity. Ebay is launching its streetwear guarantee during a time of heavy expansion for the category — global searches for “streetwear” were up 100% in April 2023 compared to April 2022.

Jewelry 286
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How the Explosive Growth of Shoppable Ads will Impact Pricing and Spending

Retail TouchPoints

For instance, ahead of the holiday season, TikTok announced a rollout of several new shoppable ad formats , including video shopping ads, catalog listing ads and live shopping ads. The Transformation of Search Consumers are searching a lot. But they’re beginning and ending their searches in different ways and places.

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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

Showfields closed its Miami and New York City locations in July and September, respectively. In the meantime, Showfields has secured an undisclosed amount of funding from existing investors to pay its outstanding bills, help complete the closure of the Miami and New York stores, and further the company’s restructuring.

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The Future of Experiential Retail

Retail TouchPoints

Prior to the pandemic, the brand opened a retail flagship store in New York City that offered seven levels of an interactive shopping experience, complete with restaurants, spas, a personal styling lounge and various Instagrammable photo opportunities for content creators. Nordstrom, for instance, is a prime example.

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DOJ Complaint Accuses Google of Having ‘Monopolistic Grip’ on Advertising Market

Retail TouchPoints

Google abuses its monopoly power to disadvantage website publishers and advertisers who dare to use competing ad tech products in a search for higher quality, or lower cost, matches. The eight states joining the DOJ in the suit are Virginia, California, Colorado, Connecticut, New Jersey, New York, Rhode Island and Tennessee.