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)

Consumers Unsure Whether to Trust Luxury eCommerce Platforms
Consumers Unsure Whether to Trust Luxury eCommerce Platforms
April 15, 2024  |  Retail

Luxury shoppers may be willing to shell out quite a lot online for high-quality products, but only if they can trust that they are getting...

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Peloton Drops Free-Membership Tier After Less-Than-Expected Results
Peloton Drops Free-Membership Tier After Less-Than-Expected Results
April 15, 2024  |  Subscription Commerce

Connected fitness company Peloton has stopped offering an unlimited free-membership tier that was once a key part of its growth strategy. The free tier for the company’s...

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US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

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Will Retail Media Drive eCommerce Brand Revenue?
Will Retail Media Drive eCommerce Brand Revenue?
April 15, 2024  |  Retail

As brands see their ad spending across traditional digital media channels doesn’t go as far as it once did, eCommerce merchants are seizing on the...

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Bank of England Seeks Input on Retail, Wholesale Payments Technology
Bank of England Seeks Input on Retail, Wholesale Payments Technology
April 15, 2024  |  Payment Methods

The Bank of England is studying the use of new technologies to enhance both retail and wholesale payments functionality. While the central bank has been focused on...

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Retail Personalization Is About More Than Just Sending Offers
Retail Personalization Is About More Than Just Sending Offers
April 15, 2024  |  Retail

As merchants look to set their offerings apart to win shoppers’ loyalty, personalization is key. That means more than just using artificial intelligence (AI) to...

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March Retail Sales Wrap Solid First Quarter for Consumer Spending
March Retail Sales Wrap Solid First Quarter for Consumer Spending
April 15, 2024  |  Economy

The old adage goes, “March comes in like a lion and goes out like a lamb.” However, for consumer spending, it looks like March came...

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eCommerce Helps Fuel Unexpected Climb in Retail Sales
eCommerce Helps Fuel Unexpected Climb in Retail Sales
April 15, 2024  |  Economy

Retail sales climbed higher than anticipated in March, fueled in part by a jump in eCommerce. Data released Monday (April 15) by the U.S. Department of...

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Gopuff Goes D2C as on-Demand Delivery Firms Seek New Revenue Streams
Gopuff Goes D2C as on-Demand Delivery Firms Seek New Revenue Streams
April 15, 2024  |  Retail

As on-demand delivery firms look for new revenue streams to boost profitability, Gopuff has unveiled a new B2B offering for direct-to-consumer (D2C) delivery. The quick-commerce company announced...

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