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)

Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
January 16, 2024  |  Earnings

With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company...

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Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
January 16, 2024  |  Retail

With the looming merger between Kroger and Albertsons set to make it all the harder for smaller grocery chains to stand a fighting chance, delays...

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The RealReal Joins Digital ID Firm EON to Boost Luxury Resale Transparency
The RealReal Joins Digital ID Firm EON to Boost Luxury Resale Transparency
January 16, 2024  |  Retail

The RealReal has joined EON to make it easier for luxury customers to consign their goods. The collaboration between the luxury consignment brand and the...

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Databricks and NIQ Collaborate on Retail Supply Chain Forecasting
Databricks and NIQ Collaborate on Retail Supply Chain Forecasting
January 16, 2024  |  Retail

Databricks and NIQ have teamed to introduce a supply chain solution for retailers. The tool is built on the Databricks Data Intelligence Platform and allows for real-time collaboration,...

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Hugo Boss’ Digital Sales Up by 26% in Q4 as It Targets Gen Z and Millennials
Hugo Boss’ Digital Sales Up by 26% in Q4 as It Targets Gen Z and...
January 16, 2024  |  Retail

Is it a case of normalization, inflation, or simply a need for brands and retailers to put in extra effort to connect with consumers, particularly...

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Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
January 16, 2024  |  Partnerships

Galeries Lafayette UAE, a subsidiary of French Department Stores LLC, has partnered with Canadian FinTech company Nuvei to enhance its eCommerce platform’s payment flow. This strategic...

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Uber Makes Strides Toward Super App Status by Shuttering Drizly
Uber Makes Strides Toward Super App Status by Shuttering Drizly
January 16, 2024  |  Delivery

For companies with super app ambitions, consolidation is a key strategy. Forging a seamless connection of experiences — even if they’re disparate experiences — demands...

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4 in 10 Main Street SMBs Find Marketing Costs Challenging When Selling Online
4 in 10 Main Street SMBs Find Marketing Costs Challenging When Selling Online
January 16, 2024  |  SMBs

For small businesses with limited geographic presence, the online channel constitutes an opportunity to expand their customer base and drive sales growth. At the same...

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Like Physical Stores, Retailers Are Pinning Hopes on Retail Media  
Like Physical Stores, Retailers Are Pinning Hopes on Retail Media  
January 16, 2024  |  Retail

Just like the resurgence of physical retail — retail media ads are now novel once again, especially in-store.   Or maybe they’re keeping their novelty as they’ve...

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