Nike CFO Comeback Strategy: Recovery After 10% Revenue Drop
Nike, the global sportswear giant, recently experienced a challenging first quarter with revenue down 10% year-over-year to $11.6 billion after CEO John Donahoe stepped down and faced cuts. Major leadership change The company’s direct-to-consumer (DTC) business took a hit. Nike Direct revenue fell 13%, mainly due to a sharp 20% decline in its digital...
Ratan Tata’s Investment in Upstox Achieves 23,000% Return
Ratan Tata, the Iconic Indian Industrialist, recently sold a 5% stake in Upstox, a Mumbai-based stockbroking startup. This strategic move underscores our astute investment acumen. The company confirmed the sale and revealed that Tata has earned a staggering 23,000% return on its initial investment. Despite this transaction, Tata still holds 95% of the original...
Retail Investors Unload Shares Worth ₹7,500 Crore in September
Retail investors sold over Rs 7,500 crore of stocks throughout September 2024, the biggest exodus since March this year. This is despite a massive selloff extending unprecedented highs in the Indian stock market. Meanwhile, domestic and foreign institutional investors are eager to buy stocks, accumulating them. As retail investors withdrew, domestic companies invested ₹17,421...
A Simple Guide To Digital Transformation For Small Business
A Simple Guide To Digital Transformation For Small Business Are you Struggling to gain customer recognition for your We’re transitioning a simple guide to digital transformation for small business , leveraging social platforms to attract more users. Typically, users spend around 2 hours on social media. As you might have guessed, our first step is...
Steps to build a privacy-centric retail media strategy
Projections indicate that retail media ad spending in the United States will surpass $100 billion by 2027, more than doubling its current levels. To harness this growth, retailers must strike a delicate equilibrium, crafting engaging and memorable experiences while embracing privacy-safe solutions. With the phased elimination of third-party cookies and identifiers, retail media networks...
The top retail trends for 2024
In 2023, the retail industry is undergoing a transformation that extends beyond just changing how we shop, what we buy, and where we make our purchases (ever thought about enjoying a mimosa while shopping?). The innovative retail trends outlined below are shaping every aspect of this evolution. It’s intriguing to note that the boutique...
Amazon added RFID to cashierless technology
Amazon Implements RFID technology to Elevate Cashierless Shopping Experience Amazon introduces radio-frequency identification (RFID) integration with its innovative Just Walk Out Technology to enable seamless shopping experience. Amazon has unveiled this groundbreaking capability by teaming up with Avery Dennison, a leading provider of RFID sensors and digital identification technology. Amazon’s just walk out technology...
The competitive advantage of early AI for retailers
Merchants are already tasked with handling endless touchpoints inside their patron journeys, in a world wherein personally customized experiences are now the expectation. From the initial discovery segment to the very last buy or even post-buy support, every interaction gives an possibility to engage, impress, and build loyalty. However, the sheer extent of those...
8 DTC retail trends to watch in 2024
2022 became a wild year for DTC retail trends, with the effect of pressures like inflation in large part halting the increase a few direct-to-customer and digitally local brands noticed in the course of the COVID-19 pandemic. 2023 is setting out to be an similarly severe year for the industry, with a capacity recession...
Retail Industry Trends to Watch in 2024
Nowadays retail industries evolving rapidly by new technologies, So In this article you will get to know about the important 8 retail industry trends to watch in 2023 Blog Contents Retailers Are Offering More In-store Return Options Many of today’s online customers use each online and in-individual channels for the same purchase. And this...