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)

Apple Marks Down iPhones in China Amid Waning Demand
Apple Marks Down iPhones in China Amid Waning Demand
January 15, 2024  |  Apple

Apple is offering Chinese customers discounts of as much as $70 on its latest iPhones. The three-day sale was announced on the company’s Chinese website Monday (Jan. 15)...

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Cash-Back Rewards Entice Nearly Half of Cardholders Who Have Yet to Embrace Card-Linked Offers
Cash-Back Rewards Entice Nearly Half of Cardholders Who Have Yet to Embrace Card-Linked Offers
January 15, 2024  |  Loyalty & Rewards

During the 2023 holiday shopping season, card-linked offers gained popularity as consumers sought ways to manage their spending amidst rising prices. In fact, nearly two-thirds of...

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Container Store Says Receipt-Level Data Helps Boost Shopper Loyalty
Container Store Says Receipt-Level Data Helps Boost Shopper Loyalty
January 15, 2024  |  Loyalty & Rewards

Tory Marpe, vice president of loyalty and CRM at The Container Store, told PYMNTS that the days of one-size-fits-all loyalty programs are over. “If you...

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NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales
NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales
January 15, 2024  |  Retail

Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking...

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Scammers’ AI Mistakes on Display in Amazon Product Descriptions
Scammers’ AI Mistakes on Display in Amazon Product Descriptions
January 14, 2024  |  artificial intelligence

For sale on Amazon: dozens of products labeled “I cannot fulfill this request.” Actually, the exact wording is, “I’m sorry but I cannot fulfill this...

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Sam’s Club Replaces Receipt Checks With AI-Powered Scans
Sam’s Club Replaces Receipt Checks With AI-Powered Scans
January 14, 2024  |  artificial intelligence

Sam’s Club is replacing the practice of verifying receipts as shoppers exit the bulk retailer.  Instead, the Walmart-owned company is rolling out new artificial intelligence (AI)-powered technology...

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CES 2024’s Weird but Oddly Helpful Gadgets
CES 2024’s Weird but Oddly Helpful Gadgets
January 13, 2024  |  Technology

CES, one of the world’s largest tech shows, can be a bit much with all the groundbreaking unveilings. Even if you dedicate all your time...

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eCommerce Solution Provider Constructor Launches AI Shopping Assistant
eCommerce Solution Provider Constructor Launches AI Shopping Assistant
January 12, 2024  |  Artificial Intelligence

Constructor launched a generative artificial intelligence-powered AI Shopping Assistant (ASA) for use on eCommerce websites and mobile apps. The new ASA helps shoppers discover and...

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Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
January 12, 2024  |  Retail

Albertsons Companies is setting its sights on convenient meal occasions with the launch of ready-to-cook meals, a move that comes as grocers increasingly look to...

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