Retailers are rapidly finding uses for generative artificial intelligence (AI) that go beyond customer service chatbots. Generative AI, which is ba sed on machine learning (ML), can create new ...

Dick’s Sporting Goods is buying Foot Locker in a move that will give Dick's a global footprint for the first time and significant weight in negotiating with athletic powerhouse brands such as ...

G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. As part of the move, the company is closing its 110 ...

Macy’s is ramping up the expansion of its off-mall, downsized store concept. The department store retailer said it will open up to 30 small-format stores through fall 2025, starting next fall ...

When it comes to what size properties are becoming available, CoStar found that large boxes, including those formerly occupied by chains such as Big Lots and Joann, are leading the increase.

The report is based on a survey of 75 U.S. retail industry executives, of which 80% were from companies with annual revenue of $10 billion or more, interviews with industry experts, and a ...

Hsu noted that consumers from all three political affiliations are in agreement that the outlook has weakened since February. “Despite their greater confidence following the election ...

Access to exclusive discounts and promotions is the top reason respondents sign up with brands (43%), but consistent product or service quality is the top reason they remain loyal (33%).

A planned new line of artificial intelligence-enabled smart glasses may represent a major step forward in what could be called "spatial commerce." ...

In addition, Foot Locker plans to incorporate learnings from the new concept into its store refresh program. Through the initiative, approximately two-thirds of global Foot Locker and Kids Foot ...

Amazon also extends the Amazon Go store concept in a partnership with Starbucks that lets customers bypass the checkout when they pay for orders. Customers can order a coffee or beverage at the ...

Social commerce predicted to reach $1 trillion by 2028 ...