Tao Cafe’ is a newly opened 200-square-meter store from eCommerce giant Alibaba. Hundreds of Chinese customers experienced the store over the weekend at Taobao’s Makers Festival in Hangzhou, China.…
Retailers are increasingly leveraging artificial intelligence technology, and 87 out of 100 retailers using AI are doing so to increase customer engagement, according to a study from customer care automation platform company Linc and branding firm BrandGarage.
The company could be looking for a valuation of $3 billion to $4 billion in the offering, Reuters reported earlier this year. TechCrunch first reported the news of the confidential filing on Friday, following a Recode report from earlier this week that said the company could submit the paperwork within days.
Just over a month after Walmart bought Bonobos, a new online men’s apparel company has opened its virtual doors. Taylrd launched Aug. 1 with a similar brand message as Bonobos — men aren’t all that keen on spending a lot of time shopping for clothes, but still want well-fitting basics, according to a press release emailed to Retail Dive.
The state of retail has evolved. If your business has yet to make social a central part of your retail strategy, your business is not performing at full
While Amazon remains mum over its on-off-on-again Singapore launch, Alibaba’s online-offline strategy has cemented its footprint in the Chinese retail space, with further growth targeted for Southeast Asia.
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