Major U.S. retailers are accelerating investments in store remodels and expansions as competition intensifies between physical retail and rapidly growing e-commerce channels. Online retail spending in the United States reached $1.34 trillion in 2024 and is projected to surpass $2.5 trillion by 2030, according to Capital One Shopping. However, physical stores still dominate global retail…
Widespread store closures are quickly becoming the norm across the global retail industry, with thousands of locations closing at an unprecedented rate. While the decline of physical stores has played a major role in job losses, another force accelerating change is the rapid adoption of advanced technology and artificial intelligence (AI). Retailers are increasingly restructuring…
Dordash has implemented a new compliance service for retailers based on its Dashmart neighborhood stores and a road delivery robot. The concert -based delivery company announced on Tuesday that CVS Pharmacy and Party City are the first to use Dashmart’s compliance services, which Kroger grocery chain will soon be followed. The model uses the Dashmart…
