Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.

(source: en.wikipedia.org)

Memorial Day Kicks Off Summer of the US Consumer
Memorial Day Kicks Off Summer of the US Consumer
May 27, 2024  |  Economy

In 1967, it was the Summer of Love. In 2020, it was the summer of COVID-19. When summer 2024 goes in the books — from...

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Walmart and Amazon Lead Retail’s Biggest Moments of 2024
Walmart and Amazon Lead Retail’s Biggest Moments of 2024
May 27, 2024  |  Retail

As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far....

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Discount Chains Go Under as Consumers Keep Cutting Back
Discount Chains Go Under as Consumers Keep Cutting Back
May 26, 2024  |  Retail

What happens when consumers grow too cash-strapped for discount stores? In some cases, the stores go under.  As Bloomberg News reported Sunday (May 26), the economic...

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Retailers Heat Up Memorial Day With Holiday Deals and Pop-Ups
Retailers Heat Up Memorial Day With Holiday Deals and Pop-Ups
May 25, 2024  |  Retail

This Memorial Day, in addition to the usual round of holiday weekend sales, many retailers are getting more targeted about how they can insert their...

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European Retailers Say Google Search Changes Favor Online Aggregators
European Retailers Say Google Search Changes Favor Online Aggregators
May 24, 2024  |  Google

The European Union (EU) is currently facing concerns from lobbying groups representing airlines, hotels and retailers regarding Google’s proposed search changes. These groups are urging EU tech regulators...

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Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

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Wayfair Goes Click-and-Mortar™ as Furniture Shoppers Seek Physical Touchpoints
Wayfair Goes Click-and-Mortar™ as Furniture Shoppers Seek Physical Touchpoints
May 24, 2024  |  Retail

Wayfair is going all-in on brick-and-mortar as furniture shoppers prove hesitant to fully embrace eCommerce. The home goods online marketplace announced Thursday (May 23) the...

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Google to Invest in Flipkart, Help Modernize Digital Infrastructure
Google to Invest in Flipkart, Help Modernize Digital Infrastructure
May 24, 2024  |  Investments

Google plans to invest in Indian digital commerce company Flipkart. The move will make Google a minority investor in Flipkart’s latest funding round, which is led by Walmart, Flipkart...

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Treasury Secretary Janet Yellen Says Many Americans Concerned About High Costs
Treasury Secretary Janet Yellen Says Many Americans Concerned About High Costs
May 24, 2024  |  Economy

The high cost of essentials like food, rent and mortgages are weighing on many American consumers, Treasury Secretary Janet Yellen said Thursday (May 23). Yellen said the price increases...

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