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)

Shein’s IPO: Unpacking Everything You Need to Know 
Shein’s IPO: Unpacking Everything You Need to Know 
December 04, 2023  |  Retail

Shein has applied to go public in the United States. If it succeeds, this could make Shein one of the biggest initial public offerings (IPOs)...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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Retailer AI Chatbots Accused of Illegal Wiretapping
Retailer AI Chatbots Accused of Illegal Wiretapping
December 03, 2023  |  artificial intelligence

There’s a new legal question about artificial intelligence (AI) at the center of a recent federal lawsuit. Can AI engage in illegal wiretapping? The class-action...

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Consumers on Weight Loss Drugs Expected to Spend Double on New Clothes After Losses
Consumers on Weight Loss Drugs Expected to Spend Double on New Clothes After Losses
December 03, 2023  |  Retail

The rising popularity of certain weight loss drugs might end up helping apparel makers. That’s according to a recent survey by investment banking firm Stifel,...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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Retailers Raise Annual Forecasts After Strong Black Friday Sales
Retailers Raise Annual Forecasts After Strong Black Friday Sales
December 01, 2023  |  Retail

Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday.  The heavy discounts offered during these...

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Syrup Raises $17.5 Million to Expand AI-Powered Inventory Forecasting Platform 
Syrup Raises $17.5 Million to Expand AI-Powered Inventory Forecasting Platform 
December 01, 2023  |  Investments

Syrup has raised $17.5 million in a Series A round to expand its artificial intelligence (AI)-powered platform that helps brand optimize their inventory for omnichannel commerce. ...

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Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
December 01, 2023  |  Retail

Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the...

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Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
December 01, 2023  |  Retail

Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. The two luxury department store chains have been engaged in negotiations...

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