Browsing: Retail

India’s competition authority has launched an antitrust investigation against quick-commerce giants Zomato, Swiggy, and Zepto over allegations of anti-competitive discount practices. Traditional retailers claim these tech companies are using predatory pricing strategies that threaten their businesses, while the platforms defend their discounts as legitimate business practices designed to build customer loyalty.

Jim Cramer has expressed confidence in Lowe’s Companies following their strong first quarter 2024 earnings report that exceeded Wall Street expectations. CEO Marvin Ellison’s technology-focused strategy and emphasis on professional customers are driving growth despite market fears about the home improvement sector. Lowe’s solid financial performance and strategic positioning suggest promising prospects for 2025 and beyond.

Best Buy is following Walmart’s strategy of adopting Amazon-inspired e-commerce tactics to remain competitive through 2029. The electronics retailer is implementing an omnichannel approach, expanding data-driven personalization, launching subscription services, optimizing supply chains, and developing a third-party marketplace to blend digital convenience with physical store advantages.

A leader of the Target boycott movement has publicly accused the retail giant of abandoning its commitment to Black consumers. The boycott highlights growing consumer activism in the digital age, with boycott organizers leveraging social media to coordinate actions and amplify their message about corporate responsibility and inclusion.

The spatial computing market in retail and e-commerce is experiencing explosive growth with a 27% CAGR according to Market.us analysis. This technology revolution is transforming both customer experiences and backend operations through applications like virtual try-on solutions, AR-powered navigation, and advanced inventory management. Despite challenges in infrastructure requirements and privacy concerns, the integration of spatial computing with AI and cross-platform experiences points to a future where immersive, personalized shopping becomes the norm.

The spatial computing market in retail and e-commerce is experiencing explosive growth with a 27% CAGR according to Market.us analysis. This technology revolution is transforming both customer experiences and backend operations through applications like virtual try-on solutions, AR-powered navigation, and advanced inventory management. Despite challenges in infrastructure requirements and privacy concerns, the integration of spatial computing with AI and cross-platform experiences points to a future where immersive, personalized shopping becomes the norm.