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)

June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
July 17, 2024  |  Retail

 Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales.  That’s according to a report Wednesday (July 17) by Reuters, citing data from...

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Deal-Seeking Shoppers Drive Record-Breaking Savings Event Participation
Deal-Seeking Shoppers Drive Record-Breaking Savings Event Participation
July 17, 2024  |  Retail

With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest...

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Chase to Decline Credit Card Payments for Third-Party BNPL Plans
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
July 17, 2024  |  BNPL

Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...

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Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024  |  Retail

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the...

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Embedded Finance’s Next Stop Is B2B Commerce
Embedded Finance’s Next Stop Is B2B Commerce
July 17, 2024  |  eCommerce

Wind the clock back just a few years, and online transactions were a disjointed experience. After filling a cart at a merchant’s site, upon checking...

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Amex Urges Merchants to Embrace Digital Loyalty’s Hyper-Personalization Mandate
Amex Urges Merchants to Embrace Digital Loyalty’s Hyper-Personalization Mandate
July 17, 2024  |  Loyalty & Rewards

If a business doesn’t meet its customers’ needs, its competitors will be happy to. That’s increasingly the reality for businesses today. In an era where...

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Five Below CEO Steps Down as Comparable Sales Slip
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024  |  Retail

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors,...

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Amazon Prime Day Sales Outpace 2023 Event in First Hours
Amazon Prime Day Sales Outpace 2023 Event in First Hours
July 16, 2024  |  Amazon

The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. During the first seven hours of the event on...

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