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)

Instacart Boosts in-Store Offerings in Leadup to Planned IPO
Instacart Boosts in-Store Offerings in Leadup to Planned IPO
September 07, 2023  |  Retail

In an effort to place itself at the center of grocers’ omnichannel businesses, Instacart is boosting its in-store capabilities in advance of its planned initial...

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Report: Walmart Pay Cuts for New Hires Reflect Cooling Job Market
Report: Walmart Pay Cuts for New Hires Reflect Cooling Job Market
September 07, 2023  |  Walmart

Walmart has reportedly begun paying some new store workers less than it would have three months ago. This change to the wage structure for hourly workers at the...

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Sprinklr Integrates Its AI Platform With Google’s Vertex
Sprinklr Integrates Its AI Platform With Google’s Vertex
September 07, 2023  |  artificial intelligence

Customer experience management platform Sprinklr has integrated its artificial intelligence (AI) platform with Google Cloud’s Vertex AI. “Generative AI is giving our AI wings,” Sprinklr founder and CEO Ragy Thomas...

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Visa Says Ransomware Attacks Reach Record-Breaking Numbers
Visa Says Ransomware Attacks Reach Record-Breaking Numbers
September 07, 2023  |  Fraud Attack

Ransomware attacks reached record-breaking numbers in March 2023, with a 91% increase compared to the previous month, according to Visa. Compared to the same period in...

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Klarna Taps Into Travel Sector With APEXX Partnership
Klarna Taps Into Travel Sector With APEXX Partnership
September 07, 2023  |  Partnerships

Klarna and payments orchestration platform APEXX have teamed to offer flexible payment options to merchants worldwide. APEXX’s Connect service, which lets merchants host buy now, pay later (BNPL) services through...

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Chamberlain Coffee: Gen Z Doesn’t Want to Wait Around for Their Java
Chamberlain Coffee: Gen Z Doesn’t Want to Wait Around for Their Java
September 07, 2023  |  eCommerce

As direct-to-consumer (D2C) coffee brands look to capture the loyalty of Generation Z, Chamberlain Coffee is finding that the more work they remove from the brewing process,...

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Aspirational Shoppers Are Driving Luxury Scent Investments
Aspirational Shoppers Are Driving Luxury Scent Investments
September 07, 2023  |  Retail

The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest...

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American Eagle’s Urban Focus Boosts Intimates Appeal
American Eagle’s Urban Focus Boosts Intimates Appeal
September 07, 2023  |  Retail

At the end of last month, Victoria’s Secret proudly highlighted the concept of “less is more,” emphasizing its smaller format stores and streamlined inventory. American Eagle...

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Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Much to the...

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