Some of the headlines in today’s podcast:
Online retail sales surpassed $1 trillion last year “for the first time in history”.Online grocery sales projected to grow 11.7% over the next five years.A DTC cosmetics brand, Buxom Cosmetics, running a six-month metaverse promotion called “Buxom PlumpVerse,” taking a hybrid approach to metaverse commerce, which involves bringing users into the metaverse platform gradually through channels they are already familiar with, such as Instagram, email, and the DTC website.Instacart announced Monday the launch of its Scan & Pay solution at Foodcellar Market, as it looks beyond e-commerce and toward offering more in-store solutions for grocers.Carrefour notches up a first as data and innovation teams explore ChatGPT and generative AI use cases.Amazon halts Fresh rollout to re-evaluate the economics of its mainstream grocery concept and plans to charge Prime members service fees on Amazon Fresh delivery orders that are under $150.And many more...!