Technology: Page 51
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Mastercard to launch biometric checkout tool for retailers
The company plans to try out facial recognition and hand scanning technology in multiple countries.
By Tatiana Walk-Morris • May 19, 2022 -
David's Bridal acquires custom wedding dress startup Anomalie
However, Anomalie will no longer create custom gowns and will instead "build tools that fulfill the mission of helping brides."
By Kaarin Moore • May 18, 2022 -
Explore the Trendline➔
Thai Liang Lim via Getty ImagesTrendlineHow retailers are deploying in-store technology
Payment systems, self-checkout stations and home visualization tech are just a few of the areas getting attention from retailers as they rethink the store experience.
By Retail Dive staff -
Gap sets up shop in Roblox to boost teen inclusion, self-expression
Inspired by its summer ad campaign, the retailer's Club Roblox Boutique is in line with Gen Z preferences around the nascent metaverse space.
By Chris Kelly • May 18, 2022 -
Instagram celebrates Shop anniversary with New York City pop-up
Instagram celebrates 1 million followers on its Shop account as the social commerce industry is expected to grow.
By Tatiana Walk-Morris • May 18, 2022 -
Google opens second retail store
The tech company says its new Brooklyn location is the first of its "neighborhood stores," meant to be more intimate and community focused.
By Tatiana Walk-Morris • May 17, 2022 -
Klarna debuts virtual shopping tool
The platform is adding more services as the buy now, pay later industry faces more regulatory scrutiny.
By Tatiana Walk-Morris • May 17, 2022 -
Inflation finally slowed online in April but remained 'punishingly high' overall
Consumer demand remains relatively high, but there are signs it might wane if inflation keeps up. Meanwhile, buying habits are shifting.
By Ben Unglesbee • May 13, 2022 -
"Outside of Crate and Barrel, Natick Mall" by Massachusetts Office Of Travel & Tourism is licensed under CC BY-ND 2.0
Crate and Barrel names SVP of the metaverse
Looking to unify growth across its brands, the home goods retailer also promoted two other executives to new roles.
By Dani James • May 12, 2022 -
Trove president promoted to CEO
Gayle Tait, who previously worked at Google and L’Oréal, is taking the company’s helm, while founder Andy Ruben moves to an executive chairman role.
By Tatiana Walk-Morris • May 12, 2022 -
Retail tech funding drops 11%: report
Store management tech was the only sector to see an increase in funding in Q1, according to a CB Insights report.
By Tatiana Walk-Morris • May 12, 2022 -
Sally Beauty updates mobile app to offer 2-hour delivery with DoorDash
CEO Denise Paulonis said that 80% of the beauty retailer's customers engage with it via mobile devices.
By Tatiana Walk-Morris • May 11, 2022 -
Self-checkout tech maker Mashgin raises $62.5M
The company's touchless checkout system doesn't need barcodes and instead uses AI and computer vision to identify products.
By Catherine Douglas Moran , Sam Silverstein • May 11, 2022 -
Deep Dive
Buy now, pay later players' losses grow as costs soar
BNPL providers are paying a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new tech and more employees.
By Jonathan Berr • May 10, 2022 -
Metaverse goes mainstream, but most consumers still don't understand it
Still, 90% of those surveyed by Wunderman Thompson Intelligence believe the concept will have a meaningful impact on advertising.
By Peter Adams • May 10, 2022 -
Best Buy expands in-store assortment of beauty and e-transportation products
Furniture is also playing a bigger role at the electronics giant after its acquisition of DTC brand Yardbird in November last year.
By Tatiana Walk-Morris • May 9, 2022 -
Deep Dive
Stitch Fix to stylists: 'Take ownership of the disappointment, no matter the role the data played'
Is the apparel e-retailer a tech company? Or not?
By Daphne Howland • May 9, 2022 -
Lego Group to triple size of digital team
The toy maker is expanding its digital efforts in what it is calling "one of the single largest investments the Lego Group will make in a generation."
By Dani James • May 5, 2022 -
Home Depot creates a $150M venture capital fund
The retailer will fund early-stage companies in order to scale "the next big ideas in technology and retail," according to CFO Richard McPhail.
By Tatiana Walk-Morris • May 5, 2022 -
Amazon to hire more tech, corporate workers in California hubs
While the company is expanding its tech hubs in the state, it is grappling with overstaffing in its fulfillment network.
By Tatiana Walk-Morris • May 4, 2022 -
Retrieved from Amazon on May 03, 2022
Amazon looks to lure brands with new streaming tech integrations
At its second NewFronts presentation, the company showed off a tool that lets advertisers insert their products into programming even after filming ends.
By Peter Adams • May 4, 2022 -
Retrieved from Benefit Cosmetics on April 27, 2022
Benefit Cosmetics reinforces gaming link with 9-tournament series
The effort builds on the brand's Game Face program it debuted in 2020 to connect the beauty and female gamer communities.
By Natalie Black (Koltun) • May 3, 2022 -
Snap releases new AR tools for virtual shopping
The social media platform continues to evolve its AR capabilities as the technology grows in popularity among young shoppers.
By Tatiana Walk-Morris • May 3, 2022 -
Opinion
A day of reckoning arrives for ultrafast delivery services
The industry has failed to sustain the momentum it appeared to have on its side just a few months prior, writes Bob Hoyler, senior consultant at Euromonitor International.
By Bob Hoyler • May 3, 2022 -
Lanvin Group taps Shopify for e-commerce tech in North America
The luxury company is accelerating efforts to grow in "the world's largest luxury market" as it readies itself for an IPO.
By Tatiana Walk-Morris • April 28, 2022 -
Rebag introduces auctions for used luxury items
Rewards members will have access to the luxury resale platform's weekly auctions before other customers.
By Tatiana Walk-Morris • April 27, 2022