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)

Car Industry ‘Winning’ as Vehicle Supplies Remain Low
Car Industry ‘Winning’ as Vehicle Supplies Remain Low
September 03, 2023  |  Retail

The pandemic-era supply chain issues that hit the car industry may have abated. But that doesn’t mean things are back to normal, and — as...

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Chanel’s Diner: Where Customers Don’t Go for the Food
Chanel’s Diner: Where Customers Don’t Go for the Food
September 02, 2023  |  Retail

Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be...

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Target Says Sortation Centers Have Boosted Next-Day Deliveries 150%
Target Says Sortation Centers Have Boosted Next-Day Deliveries 150%
September 01, 2023  |  Delivery

As Target continues its rollout of sortation centers, the retailer is learning that these facilities allow it to serve more customers, faster. The sortation centers are designed...

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Amazon’s Linkup With Shopify Uses Logistics to Stitch Together Commerce Ecosystems
Amazon’s Linkup With Shopify Uses Logistics to Stitch Together Commerce Ecosystems
September 01, 2023  |  Amazon

Stitch together eCommerce ecosystem by eCommerce ecosystem and you get a massive ecosystem, as measured by scale. Amazon is partnering with Shopify to allow merchants who pay for Shopify’s eCommerce...

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Lululemon’s Accessories Spark Cult-Like Following With 44% Surge in Sales
Lululemon’s Accessories Spark Cult-Like Following With 44% Surge in Sales
September 01, 2023  |  Earnings

If it wasn’t the Lululemon Aligns for women or ABC pants for men that kept consumers come back, it’s the accessories.   “Our entire bag assortment...

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Walmart and Amazon Streamline Staff in Cost-Cutting, Automation Efforts
Walmart and Amazon Streamline Staff in Cost-Cutting, Automation Efforts
September 01, 2023  |  Retail

Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort...

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Report: eCommerce Company Benitago Files for Bankruptcy
Report: eCommerce Company Benitago Files for Bankruptcy
August 31, 2023  |  eCommerce

New York-based eCommerce company Benitago has reportedly filed for bankruptcy.  The firm is seeking protection from creditors two years after raising $325 million in funding, The Wall...

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Klarna Sees Credit Losses Fall 41% and Adds AI-Powered Solutions
Klarna Sees Credit Losses Fall 41% and Adds AI-Powered Solutions
August 31, 2023  |  Buy Now Pay Later

Klarna reported earnings results for the first half of 2023, showcasing a profitable second quarter that exceeded its expectations. The Stockholm-based, artificial intelligence (AI)-powered global payments network and...

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Grocers Tap Contextual Commerce in Bid to Grow Digital Engagement
Grocers Tap Contextual Commerce in Bid to Grow Digital Engagement
August 31, 2023  |  Retail

This week in grocery, Weis Markets and The Fresh Market leverage contextual commerce to drive loyalty and engagement, Dollar General looks to expand its produce...

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