Automatic checkouts: Costco wants to step up controls on membership cards Americas Faced with a slowdown in growth (historically up by 16% in 2022 for US$227 billion in net sales, compared to 1.9% in the 3 months to May 2023 for US$52.6 billion in sales),…
According to McKinsey, marketing will be one of the functions most impacted by generative A.I. Americas Customer relations, business development, software engineering, research and development and marketing are the corporate functions that will be most affected by A.I.…
Amazon denies potential takeover of Ocado Americas Following an article in the Times stating that Amazon might be interested in a potential takeover of Ocado,…
Amazon joins forces with Omnicom in generative A.I. Americas On Thursday 22nd June, Omnicom Group announced an agreement with Amazon Web Services (AWS) to use the ML machine learning services and chips to develop creative expertise,…
Social Commerce. YouTube launches live shopping in South Korea Asia After TikTok (1.09 billion users in April 2023) with TikTokShop, it’s now YouTube‘s turn (2.53 billion) to launch a live shopping channel.…
Retail media: Kingfisher, Rakuten, Galeries Lafayette and 10 other retailers join the Carrefour-Publicis joint venture Europe On 15 June, Alexandre Bompard and Arthur Sadoun, C.E.O.s of Carrefour and Publicis respectively, presented the first stage of their partnership in online retail media at Vivatech.…
USA. Victoria’s Secret goes digital with Amazon Americas While Victoria’s Secret already offers beauty products on Amazon, on June 6, 2023, the company announced that it would also be adding 4,000 new fashion items to the platform,…
[Case study] Merchandising : How Etam went from 15 to 4 days for new collections set up With 1,300 points of sale, which account for most of turnover, the Etam Group (Etam, Undiz, Maison 123, Ysé and Livy) adopted the Yoobic application to ensure compliance with in-store merchandising. The challenge is to increase the control of store tasks and thus improve compliance rates.
Non-food: Lidl expands an online non-food business Europe Following the Belgian online store launch by Action last week with 150 products (already selling in Netherlands since 2021), Lidl has just launched an e-commerce website in France dedicated to non-food products. One third of the offer is seasonal. Here's how it works.
Analyse data [Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1 Whilst Amazon's e-commerce business is losing momentum (down by 0.1% year-on-year), the AWS cloud service is recording the slowest growth since 2015. To improve profitability, the tech giant is introducing a series of AI-based tools for businesses. Amazon's year-on-year revenue growth was 11%, driven by the marketplace and the cloud.
