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)

Omnichannel Boosts Best Buy in Q2 as Nearly One-Third of Sales Are Generated Via App
Omnichannel Boosts Best Buy in Q2 as Nearly One-Third of Sales Are Generated Via App
August 29, 2023  |  Earnings

Best Buy reported better-than-expected second quarter 2023 financial results on Tuesday (Aug. 29), attributing it to the company’s “strong operational execution” and the ability to balance industry sales...

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Omnichannel, AI Can Help Retailers Joust With Amazon, Walmart for Health and Beauty Spend
Omnichannel, AI Can Help Retailers Joust With Amazon, Walmart for Health and Beauty Spend
August 29, 2023  |  Retail

Despite inflation, despite the volatility in discretionary spending, certain categories are holding up. Consumers are still opening their wallets to buy health and beauty products. Data from...

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PepsiCo to Invest $175 Million in Instacart as Food Brands Digitize
PepsiCo to Invest $175 Million in Instacart as Food Brands Digitize
August 29, 2023  |  eCommerce

As online grocery grows, brands, retailers and third-party platforms alike are looking to grow their share in the category, and with PepsiCo’s major investment in...

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JOANN’s Data Analytics Drives Tailored Campaign Success Amid Back-to-School Rush 
JOANN’s Data Analytics Drives Tailored Campaign Success Amid Back-to-School Rush 
August 29, 2023  |  Retail

When you think of JOANN’s you might think of simply arts and crafts, but arts and crafts can be applicable to many occasions, including back-to-school,...

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Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
August 29, 2023  |  Retail

Returning without a receipt — at first thought, would you tie the ability to return an item to loyalty? These days, the answer is yes,...

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PYMNTS Intelligence: Retailers Must Upgrade Back-End Systems to Harness AI Power and Potential
PYMNTS Intelligence: Retailers Must Upgrade Back-End Systems to Harness AI Power and Potential
August 28, 2023  |  Retail

With the rise of eCommerce and the need for convenience and flexibility, retailers have turned to artificial intelligence (AI) to enhance the customer experience, with...

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Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...

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Walmart Secures Gordon Ramsay’s Frozen Food as Diners Seek Convenient Options
Walmart Secures Gordon Ramsay’s Frozen Food as Diners Seek Convenient Options
August 28, 2023  |  Retail

Walmart’s deal to sell Gordon Ramsay’s frozen food line comes as grocers compete to meet consumers’ demand for more affordable alternatives to restaurant dining. In...

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Yahoo Mail Adds Shopping Feature and Other New AI Tools
Yahoo Mail Adds Shopping Feature and Other New AI Tools
August 28, 2023  |  artificial intelligence

Yahoo Mail’s artificial intelligence (AI) beta experience now includes a shopping feature and other new AI tools. These AI enhancements are part of Yahoo’s ongoing efforts to save...

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