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How cultural codes can help brands move past low prices with confidence

Inside Retail

Other codes are much more tangible enabling people to believe they’re making a smart spending decision without the Herculean effort of comparing across all competitors, price tags, and product options. When brands can demonstrate others determine a product worthy of the price tag, it’s a tangible moment of external validation.

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How Nike’s AR hoodie brings the metaverse closer to the street

Inside Retail

Embedded within the RTFKT x Nike AR Hoodie is a near-field communication (NFC) tag. Owners of the hoodie will be able to scan the NFC tag with their smartphone and access the digital asset directly. We’re starting to see NFC tags emerge more in apparel. We’re starting to see NFC tags emerge more in apparel.

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Ad-bots and ad-blockers are skewing your analytics

Inside Retail

This is mainly driven by a desire to block annoying ads rather than privacy concerns, and advertisers’ first-party cookies and tracking tags being caught as collateral damage. Showing ads to customers who have already just purchased (wasting money for the advertiser, and deeply annoying the customer). Too much data. Take action.

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Why supermarkets could face scrutiny for the way they discount, too

Inside Retail

While the sudden grocery discounts have presumably been introduced to appease consumers during the allegations of price gouging, and ongoing inquiries by the Australian Competition and Consumer Commission (ACCC) and the Senate, some of the promotional materials to advertise the savings have left consumers and independent watchdog Choice confused.

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Lorna Jane fined $5 million for “predatory” anti-virus activewear marketing

Inside Retail

The information was removed in July 2020 after receiving backlash from consumers and medical practitioners alike, but that the products’ garment tags continued to state they provided permanent protection against pathogens until at least November 2020.

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New York Issues Credit Card Surcharge Guidance for Businesses

Hunton Andrews Kurth

Given the hefty civil penalties for each violation (up to $500), businesses should consider these updated guidelines closely to ensure compliance.

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Analysis: How Apple’s AI investments stack up

Inside Retail

Shares of Meta, Google and Microsoft — all of which make money selling software or advertising services — have all soared to record highs as the companies grapple to dominate the emerging AI landscape, though investors have also flinched at skyrocketing price tags for data centers and specialised processors required to train AI models.

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