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)

Amazon Surpasses UPS to Become Largest Delivery Service in US
Amazon Surpasses UPS to Become Largest Delivery Service in US
November 27, 2023  |  Delivery

 Amazon has reportedly surpassed UPS to become America’s largest delivery business. The eCommerce behemoth delivered more packages to consumers in the U.S. last year than UPS — and...

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Black Friday’s Generational Divide: Millennials Spend More Online, Embrace Deferred Payments
Black Friday’s Generational Divide: Millennials Spend More Online, Embrace Deferred Payments
November 27, 2023  |  Consumer Payments

PYMNTS Intelligence illuminated the generational divides that marked Black Friday’s shopping, as younger consumers differed from their elders in terms of how they shopped, where...

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From Slump to Surge, Ads and Influencers Revive Black Friday
From Slump to Surge, Ads and Influencers Revive Black Friday
November 27, 2023  |  Retail

Despite the price hikes that threatened the Black Friday spirit, 2023 saw shoppers rising to the occasion with a 10% surge in participation compared to...

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Australia’s BNPL Use Surges Among Younger Consumers
Australia’s BNPL Use Surges Among Younger Consumers
November 27, 2023  |  BNPL

Australia’s younger consumers are increasingly embracing buy now, pay later (BNPL), a new survey shows. More than 40% of shoppers between 18 and 39 use the installment...

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Buybuy Baby CEO Shares What Went Wrong and What They’re Changing
Buybuy Baby CEO Shares What Went Wrong and What They’re Changing
November 27, 2023  |  Retail

Earlier this year, the baby retailer buybuy BABY closed and liquidated 115 locations due to the bankruptcy of its parent company, Bed Bath & Beyond.  Nevertheless,...

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‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
November 26, 2023  |  Retail

All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26),  hundreds of these...

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Can the Y2K Resurgence Reboot Millennial Wallets?
Can the Y2K Resurgence Reboot Millennial Wallets?
November 25, 2023  |  Retail

Millennials are having a tough time making ends meet. Enduring the economic recession that trailed the 2008 crash was like navigating a rocky sea for millennials....

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Amazon Puts Alexa in the Driver’s Seat, Walmart Revs Up Package Delivery
Amazon Puts Alexa in the Driver’s Seat, Walmart Revs Up Package Delivery
November 24, 2023  |  Retail

Amazon and Walmart are revving up their engines with initiatives set to hit consumers by the year’s end or the start of 2024. The projects...

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Biometrics May Be Online Retail’s Ticket to More Sales
Biometrics May Be Online Retail’s Ticket to More Sales
November 24, 2023  |  Retail

Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. Biometrics systems are gaining popularity as...

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