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)

Starcart Raises $3.7 Million to Expand Shopping Assistant Platform
Starcart Raises $3.7 Million to Expand Shopping Assistant Platform
August 28, 2023  |  eCommerce

Finnish eCommerce platform Starcart hopes to expand throughout Europe following a seed funding round. “With this funding, we’ll be scaling up the business internationally and launching in...

READ MORE >
Amazon Private Label Pullback May Not Be What It Seems
Amazon Private Label Pullback May Not Be What It Seems
August 28, 2023  |  Retail

As inflation ebbs, shoppers continue to trade down while cautiously increasing their spending. Many consumers have had to drastically change their shopping behavior to stretch...

READ MORE >
Ulta Beauty Members Embrace In-Store Experience: 75% Opt for In-Store Transactions  
Ulta Beauty Members Embrace In-Store Experience: 75% Opt for In-Store Transactions  
August 28, 2023  |  Retail

While beauty companies Laneige and Charlotte Tilbury have sought to enter the virtual realm with virtual storefronts to connect and transact with consumers, Ulta Beauty’s...

READ MORE >
Hush Puppies Retailer Pivots as Consumers Embrace Fashionable Sports Footwear
Hush Puppies Retailer Pivots as Consumers Embrace Fashionable Sports Footwear
August 28, 2023  |  Retail

The convergence of casualization, comfort, and personalization has become a potent force, reshaping the way people perceive and interact with brands.  The modern consumer is...

READ MORE >
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

READ MORE >
Klaviyo Plans to Take Marketing Automation Platform Public 
Klaviyo Plans to Take Marketing Automation Platform Public 
August 27, 2023  |  IPO

Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the...

READ MORE >
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
August 27, 2023  |  Acquisitions

Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies...

READ MORE >
Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
August 25, 2023  |  BNPL

The ability to pay over time is underpinning discretionary spending resilience. In recent weeks and months, joint research between PYMNTS and Sezzle has underscored the embrace of...

READ MORE >
Burlington Finds Product Assortment Resonates With Off-Price Consumer Demographic 
Burlington Finds Product Assortment Resonates With Off-Price Consumer Demographic 
August 25, 2023  |  Retail

Cash-crunched consumers looking for deals on off-price brands helped propel Burlington Stores to an almost double-digit sales increase, the company said Thursday (Aug. 24).  Burlington...

READ MORE >