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14 hours ago

This Week In Credit Card News: Swipe Fee Deal May Cut Rewards, Up Prices

What took place this week in the credit card and payment industries

ByBill HardekopfContributor
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14 hours ago

While Kering’s Gucci Warns Of 20% Decline, LVMH Sees Growth In Luxury Market

Kering just announced its 1Q24 revenues would decline 10%, with Gucci off 20%. But LVMH is entering 2024 with a positive outlook. It's a study in contrasts in luxury.

ByPamela N. DanzigerSenior Contributor
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14 hours ago

Vidalia Mills Finds A Better Way To Grow And Trace Hybrid Pima Cotton

Vidalia Mills in Vidalia, Louisiana, is the first and only mill in the world to embed a unique digital tracker into its plant-based cotton fibers.

BySharon EdelsonSenior Contributor
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17 hours ago

Retail Industry’s 2024 Challenge: How to Woo Lukewarm Shoppers

Consumer confidence up, yet retail's 'vibe-cession' stays in 2024, signaling cautious spending and a push for deals.

ByGreg PetroContributor
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21 hours ago

Is Retail Expecting Too Much From Stores Or Not Enough?

Retailers say they need to focus more on the store experience. But with consumer expectations in 2024, what does that really mean?

ByNikki BairdContributor
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23 hours ago

Walgreens Suffers $6 Billion Loss As VillageMD Clinic Investment Sours

Walgreens Boots Alliance lost nearly $6 billion in its second quarter as the company grapples with the loss in value of VillageMD.

ByBruce JapsenSenior Contributor
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23 hours ago

Estée Lauder Launches Clinique On Amazon

Clinique will be the first Estee Lauder brand to be launched on Amazon.

ByWalter LoebSenior Contributor
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PREMIUM23 hours ago

AI Design Software Startup Raises $20 Million To Expand Beyond Cars And Shoes

Vizcom’s 28-year-old CEO, who worked at Honda and Nvidia, built software to make the design process go faster.

ByAmy FeldmanForbes Staff
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PREMIUMMar 28, 2024

Founder Of AI-Driven Japanese Discount Supermarket Chain Becomes A Billionaire

Shares of Trial Holdings have jumped 41% since their debut on Tokyo’s Growth bourse, bringing founder Hisao Nagata's estimated net worth to $1.2 billion.

ByCatherine WangForbes Staff
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Mar 27, 2024

Sony Semiconductor Brings Inference Close To The Edge

Sony Semiconductor Solutions Corporation took on the challenge of simplifying vision processing and inference, resulting in its AITRIOS edge AI sensing platform.

BySteve McDowellContributor
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Mar 27, 2024

Who Uses Dark Patterns? A Breakdown Of E-Commerce Bad Practices

The FTC has reported a rise in “dark patterns” – deceptive online practices that trick consumers into purchases. Here’s what it looks like, and who does it.

ByJenn McMillenContributor
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Mar 26, 2024

‘It's Not A Silver Bullet’ Say 3 Brands Who Are Hotel Guest Amenities

Some brands have been fortunate enough to land a seemingly lucrative marketing channel: having their products as an amenity in hotels. Here's how it really works.

ByKiri MastersContributor
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Mar 26, 2024

It’s Eggflation Easter Amid Soaring Cocoa Prices, With Worse To Come

Bean disease and poor harvests in Africa mean the Easter Bunny will not be the only one to feel the pinch as cocoa prices triple in just 12 months and are still rising.

ByMark FaithfullContributor
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Mar 26, 2024

Elevating Airport Experiences: The Boom Of Luxury Travel Retail

Fueled by the post-pandemic travel boom, airports are investing in enhancing the traveler experience, giving luxury brand a growing playing field into travel retail.

ByClara LudmirContributor
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Mar 26, 2024

Amazon Rolls Out Same-Day Prescription Delivery With Help From AI

Amazon Pharmacy is launching same-day prescription delivery in New York and Los Angeles with the help of artificial intelligence and machine learning.

ByBruce JapsenSenior Contributor
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Mar 25, 2024

How GenAI Can Help Retail Supply Chains Withstand Shocks

This recent trade disruption is just the latest challenge retailers have been facing. How AI and GenAI can help prevent future shocks.

ByJill StandishContributor
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Mar 25, 2024

Shein London IPO Nears As City Moves To Trump New York Deal

After the long running will-they/won’t they saga over the IPO for fast fashion retail giant Shein, London might beat New York to the listing at the very last.

ByMark FaithfullContributor