Customer Experience
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New Study Forecasts 2025 is the Year AI Transforms Customer Experience
Verint’s “State of Customer Experience 2025” report reveals AI adoption is crucial for businesses. Key findings include consumer preference for AI-driven solutions and digital channels and demand for quick issue resolution. Speed of service now outweighs empathy. A negative experience can greatly impact brand loyalty. Excellent CX drives repeat purchases and recommendations.
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Duluth Holdings Inc. Lays Off 3% of Workforce
Duluth Trading Company (DLTH) announced a workforce reduction of 51 positions (3% of its workforce) on June 4, 2025, to streamline operations. The move aims to optimize the business model, sharpen brand messaging, and improve the customer experience. The company, known for durable workwear and humorous marketing, caters to a hands-on lifestyle through online, catalog, and retail channels. Anticipated costs are less than $1 million.
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Chesapeake Bank Names New Leaders to Bolster Fraud Prevention and Operations
Chesapeake Bank has appointed Grant Garber as Assistant VP, Director of Fraud Prevention, and Nate Cobb as Assistant VP, Director of Operations. Garber will lead the new fraud prevention department, leveraging his compliance expertise. Cobb, with his operational background, will oversee operational infrastructure. These appointments, following the bank’s AARP BankSafe Trained Seal award, reflect Chesapeake Bank’s commitment to strengthening security, optimizing operations, and enhancing customer experience.