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

Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition

Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
August 26, 2024  |  eCommerce

The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. Get the Full Story Complete the form to unlock this...

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Ikea Tests Appetite for Secondhand Furniture With ‘Preowned’ Marketplace
Ikea Tests Appetite for Secondhand Furniture With ‘Preowned’ Marketplace
August 26, 2024  |  Retail

IKEA is reportedly testing a peer-to-peer marketplace where customers can sell each other secondhand furniture. Get the Full Story Complete the form to unlock this...

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Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
August 26, 2024  |  Retail

As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. Get the Full...

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Walmart Mexico ‘Not Only a Retailer’ Under New Boss
Walmart Mexico ‘Not Only a Retailer’ Under New Boss
August 25, 2024  |  Walmart

Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Get the Full Story Complete the form to unlock this article...

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Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024  |  Retail

As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” Get the Full Story...

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Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
August 23, 2024  |  Security & Fraud

Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. Get...

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Report: Meta Ends Work on Premium Mixed-Reality Headset
Report: Meta Ends Work on Premium Mixed-Reality Headset
August 23, 2024  |  Meta

Meta has reportedly ended its work on developing a premium mixed-reality headset after seeing Apple struggle to sell its own pricey offering in that category....

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Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
August 23, 2024  |  Retail

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic...

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50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
August 23, 2024  |  Retail

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. Get the...

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