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Pinterest Launches Augmented Reality Eyeshadow Try-On Tool

PYMNTS

The company is also expanding product tagging beta and will soon give creators the opportunity to develop shoppable Story Pins and tag products. Pinners are 70 percent more likely to “show shopping intent” on products tagged in scene images than on standalone Product Pins.

Retail 90
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Packaged foods give bite to FMCG sales volumes in January-March

CFO News

Companies said there was a significantly higher growth in sales of branded packaged foods than their unbranded counterparts because of their lower share compared to other household products. Most companies expect a steady increase in volume-led growth and recovery in rural areas as they look to slash product price tags.

Sales 52
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Verishop Adds More Social Features To Its eCommerce App

PYMNTS

Social commerce platform Verishop is adding new social features to its app, allowing all users to share content and interact with other shoppers and brands. Almost 1,000 direct-to-consumer and digital brands are now featured on the app, after being verified by Verishop.

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Wearables Like Apple Watch Outsell Entire Watch Industry

PYMNTS

million for all Swiss watch brands combined. Tag Heuer, for example, has released several smartwatch models, including one that costs $180,000. The window for Swiss watch brands to make an impact in smartwatches is closing. Time may be running out for Swatch, Tissot, TAG Heuer, and others,” Strategy Analytics said.

Sales 56
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The Impact Of The Coronavirus On US Shopping Malls

PYMNTS

The International Council of Shopping Centers (ICSC) says it believes action from the federal government is needed, and large retail brands began to put a price tag on the revenue losses they expect to face. Data: 2K: The number of employees that restaurant owner Danny Meyer laid off across his high-end brands.

Numbers 52
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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services.

Retail 77
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Facebook Expands Instagram Shopping And Payment Options

PYMNTS

On Thursday (July 16), Facebook announced the launch of Instagram Shop, an “in-app shopping destination where people can discover products and brands they love from across Instagram.”. Instagram Shop is an in-app shopping destination where people can discover products and brands they love from across Instagram,” Facebook stated.