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)

Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
January 12, 2024  |  Retail

From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers...

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CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
January 12, 2024  |  Supply Chain

Like all chains, supply chains are only as strong as their weakest link.  Only, unlike most physical chains, identifying the weakest link in a complicated...

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Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024  |  Retail

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their...

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Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
January 11, 2024  |  SMBs

With prices at high levels most of the year and with the overall economy recording moderate growth, 2023 was a challenging year for businesses, especially...

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Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
January 11, 2024  |  Investments

Sway, formerly known as ReturnMates, has rebranded and raised $19.5 million in a Series A round to build a “customer-centric” delivery and returns platform.  The...

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Amazon’s Buy With Prime Expansion Has Potential to Remake the eCommerce Landscape 
Amazon’s Buy With Prime Expansion Has Potential to Remake the eCommerce Landscape 
January 11, 2024  |  eCommerce

In recent years, Amazon’s Buy With Prime program has undergone significant expansions, transforming the landscape for both the eCommerce giant and the retailers who join...

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Victoria’s Secret Turns to AI for Product Recommendations
Victoria’s Secret Turns to AI for Product Recommendations
January 11, 2024  |  artificial intelligence

Victoria’s Secret hopes to soon let its customers turn to AI for product recommendations. The apparel retailer has teamed with Google Cloud for a partnership that involves...

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DoorDash Adds Five Retailers to On-Demand Delivery Marketplace 
DoorDash Adds Five Retailers to On-Demand Delivery Marketplace 
January 11, 2024  |  Retail

On-demand delivery platform DoorDash has added five new retail partners to its marketplace.  Camping World, Golf Galaxy, JD Sports, Finish Line and The Vitamin Shoppe now offer consumers access to their products through...

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Is Rent the Runway Struggling or Strategically Recalibrating? 
Is Rent the Runway Struggling or Strategically Recalibrating? 
January 11, 2024  |  Retail

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative...

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