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)

Grocers Seize on Holiday Spending Anxiety to Drive Digital Adoption
Grocers Seize on Holiday Spending Anxiety to Drive Digital Adoption
December 19, 2023  |  Retail

With consumers’ budgets coming under pressure over the holiday season, leading grocers including Kroger and Walmart have launched digital deals to boost eCommerce engagement. Kroger,...

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Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023  |  Retail

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation...

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Affirm Brings Installment Payments to Walmart Self-Checkout
Affirm Brings Installment Payments to Walmart Self-Checkout
December 19, 2023  |  BNPL

Buy now, pay later (BNPL) provider Affirm has expanded its long-standing partnership with Walmart. With this expansion, Affirm pay-over-time options will be added to self-checkout kiosks at more than 4,500...

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Amazon Merchants Give Low Marks to AI-Powered Review Highlights
Amazon Merchants Give Low Marks to AI-Powered Review Highlights
December 19, 2023  |  Artificial Intelligence

Earlier this year, Amazon began using artificial intelligence to feature the highlights of customers’ product reviews. However, some sellers apparently think this AI tool seems...

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Apple Hurries to Update Watches Before Ban Begins
Apple Hurries to Update Watches Before Ban Begins
December 19, 2023  |  Apple

Apple is reportedly scrambling to update its smartwatches ahead of a U.S. ban. The tech giant’s engineers are working to change the devices’ algorithms that...

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Why Sally Beauty Is Investing in Free Services for Frugal Customers
Why Sally Beauty Is Investing in Free Services for Frugal Customers
December 19, 2023  |  Retail

Beauty retailer Sally Beauty has introduced Licensed Colorist OnDemand, a digital consultation service allowing individuals to confidently color their hair with recommendations from licensed professionals....

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Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
December 19, 2023  |  Retail

In a bid to draw consumers to its eCommerce platform, eBay is exploring new retail avenues. The online retailer served as a go-to site for...

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Farfetch Acquired by Korean eCommerce Giant Coupang
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023  |  Retail

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...

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Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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