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)

Macy’s to Triple Number of Small-Format Stores by 2025
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023  |  Retail

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple...

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Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
October 03, 2023  |  Retail

As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. On Tuesday (Oct. 3), the donut chain announced that it...

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Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
October 03, 2023  |  Buy Now Pay Later

Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The...

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Bringg Adds Delivery Management Platform to Google Cloud Marketplace
Bringg Adds Delivery Management Platform to Google Cloud Marketplace
October 03, 2023  |  Retail

Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. By deploying Bringg’s solution portfolio, companies...

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BNPL May Help Consumers Avoid Trading Down, Trading Off on Everyday Essentials
BNPL May Help Consumers Avoid Trading Down, Trading Off on Everyday Essentials
October 03, 2023  |  BNPL

Buy now, pay later (BNPL) may be the payment “lifeline” that keeps consumers from trading down on everyday essentials — and may in fact them...

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Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
October 03, 2023  |  Retail

Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. The U.K.-based fast-fashion retailer’s strategy of lowering prices to...

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Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
October 03, 2023  |  Retail

Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic.  On Sunday (Oct 1), 88...

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Who’s Going to Get Fitness-as-a-Service Right? 
Who’s Going to Get Fitness-as-a-Service Right? 
October 03, 2023  |  Fitness

Peloton and Lululemon announced a five-year global strategic partnership last week, with the goal of uniting fitness content and athletic apparel to forge a collective...

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Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
October 03, 2023  |  Subscriptions

In the highly competitive world of retail subscription commerce, winning over loyal customers is crucial for providers to secure a lion’s share of revenue. In...

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