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)

Lower Income Consumers Feel the Pressure of Weaker Labor Market
Lower Income Consumers Feel the Pressure of Weaker Labor Market
November 13, 2023  |  Economy

After two years of persistent inflation levels above wages, the economy of U.S. households is beginning to show signs of weakness, leaving consumers struggling to...

READ MORE >
As ‘Sensory-Friendly’ Store Hours Catch On, Walmart Expands 
As ‘Sensory-Friendly’ Store Hours Catch On, Walmart Expands 
November 13, 2023  |  Retail

Walmart has implemented its designated hours, known as “sensory-friendly hours,” for patrons across its entire U.S. network of stores.   Per the company’s announcement, between 8...

READ MORE >
Ulta Beauty Limits Free Sample To Boost Loyalty
Ulta Beauty Limits Free Sample To Boost Loyalty
November 13, 2023  |  Retail

Who doesn’t love a free sample?    Enthusiasm for freebies has made them a marketing tool long-loved by retailers and brands, but are they truly...

READ MORE >
Can Plummeting Turkey Prices Fatten up Sales for Thanksgiving Brands?
Can Plummeting Turkey Prices Fatten up Sales for Thanksgiving Brands?
November 11, 2023  |  Economy

If you’re gearing up for a festive feast, you’ll be thankful to hear that wholesale prices of whole frozen turkeys are taking a dip, bringing...

READ MORE >
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
November 10, 2023  |  Real-Time Payments

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim...

READ MORE >
Instacart Leverages Scale to Buck Competition From Grocers’ Direct Platforms
Instacart Leverages Scale to Buck Competition From Grocers’ Direct Platforms
November 10, 2023  |  Delivery

As retailers and third-party players alike compete for consumers’ online grocery spending, Instacart maintains that its scale protects it from facing too much competition from...

READ MORE >
This Week in AI: An AI App Store and GPTs Go Shopping
This Week in AI: An AI App Store and GPTs Go Shopping
November 10, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) just keeps getting bigger. When you have a successful tech innovation, frequently, the next commercial step is to turn it into a...

READ MORE >
Chicory: Albertsons, Others Can Drive off-Site eGrocery With Shoppable Content
Chicory: Albertsons, Others Can Drive off-Site eGrocery With Shoppable Content
November 10, 2023  |  eCommerce

By partnering with major grocers such as Albertsons, contextual commerce platform Chicory is expanding eGrocery audiences, enabling retailers to reach new customers across more parts of their web...

READ MORE >
LensCrafters, e.l.f. Harness Roblox to Merchandise Ideas, Not Just Products 
LensCrafters, e.l.f. Harness Roblox to Merchandise Ideas, Not Just Products 
November 10, 2023  |  Retail

Brands are realizing that virtual platforms offer more than just a storefront for pushing products — they’re seeing the potential for spaces to merchandise ideas.  ...

READ MORE >