Remove search new-york retail
article thumbnail

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 298
article thumbnail

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. Let’s first look at what’s happening in the digital retail space to better understand how brands might use shoppable ads this year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Inside Retail

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

article thumbnail

The Future of Experiential Retail

Retail TouchPoints

The retail industry experienced a complete 360-degree transition since the onset of the pandemic. How can retailers distill that information and pivot their strategies in the months ahead to ensure that they’re no longer just keeping up with consumers, but anticipating and building the shopping experience they crave?

article thumbnail

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.

article thumbnail

Why US retailers are embracing a more inclusive holiday season

Inside Retail

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

article thumbnail

4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

The world of retail is getting ready for its iPhone moment using breakthrough generative AI technology. Startups including Fashable and Verneek are generating unique use cases of generative AI for retail. Global ecommerce sales, representing 22% of all retail sales, could increase to $5.4 And there’s plenty of money at stake.