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 Wants to Get Cautious Consumers to ‘Buy Again’
Amazon Wants to Get Cautious Consumers to ‘Buy Again’
October 11, 2023  |  eCommerce

Amazon has reportedly tested a “Buy Again” feature to entice shoppers into repeat purchases. The company has placed the new feature in a tab on the...

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Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
October 11, 2023  |  IPO

German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle...

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Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
October 11, 2023  |  Retail

The state of the aspirational shopper has remained the same since the last quarter, according to LVMH.   As a refresher of the unchanged shopper, in...

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Adding Up Impact of TikTok’s Girl Math on Retail Spending 
Adding Up Impact of TikTok’s Girl Math on Retail Spending 
October 11, 2023  |  Retail

There’s a personal finance trend on TikTok that is reshaping spending habits humorously, and it’s being referred to as “girl math.”  So, what is girl...

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Walmart Execs Unpack What Its Gen AI Launch Means for Shoppers and Brands
Walmart Execs Unpack What Its Gen AI Launch Means for Shoppers and Brands
October 11, 2023  |  artificial intelligence

Whether you’re the natural party planner or the one reluctantly tasked with organizing, there’s an undeniable truth: Effective event planning hinges on meticulous attention to...

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LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023  |  Consumer Finance

The holidays are firmly in sight. LendingClub Senior Vice President of Membership and Lifecycle Strategy Amber Carroll said that as inflation remains entrenched, as we...

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Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
October 10, 2023  |  Retail

Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals...

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Shipt Veteran Rina Hurst Named VP of Walmart GoLocal
Shipt Veteran Rina Hurst Named VP of Walmart GoLocal
October 10, 2023  |  Personnel

Walmart named ex-Shipt executive Rina Hurst as vice president of its GoLocal delivery platform. Hurst will oversee the strategic direction, operations and general management of...

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Stylitics Introduces AI-Powered Virtual Closet
Stylitics Introduces AI-Powered Virtual Closet
October 10, 2023  |  artificial intelligence

Digital merchandising firm Stylitics says the inspiration for its latest products comes from Hollywood. More to the point, the 1995 comedy “Clueless,” and its early-internet vision of virtual...

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