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)

TJX Says Customer Traffic Drove 6% Sales Growth in Q2
TJX Says Customer Traffic Drove 6% Sales Growth in Q2
August 16, 2023  |  Retail

TJX, the parent company of popular off-price retailers like T.J.Maxx and Marshalls, recorded 6% overall comparable sales growth in the quarter ending on July 29....

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Aldi Set for Southern Growth With Winn-Dixie, Harveys Purchase
Aldi Set for Southern Growth With Winn-Dixie, Harveys Purchase
August 16, 2023  |  Acquisitions

German grocery giant Aldi is set to purchase a pair of U.S. supermarket chains. The company announced Wednesday (Aug. 16) it would acquire Winn-Dixie and...

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Consumers Pivot to Online Pickup as Delivery Fees Rise
Consumers Pivot to Online Pickup as Delivery Fees Rise
August 16, 2023  |  Retail

At the end of the day, consumers love conveniences that can make their lives incrementally easier, whether it’s the control and speed of self-checkout or...

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Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
August 16, 2023  |  Earnings

Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...

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Boomers Barely Use BNPL, but Make Large Purchases When They Do
Boomers Barely Use BNPL, but Make Large Purchases When They Do
August 16, 2023  |  Consumer Insights

Compared to other generations, the share of baby boomers and seniors who use buy now, pay later (BNPL) options barely makes a blip. The same...

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Amazon’s Insulin Coupons Fuel Retail Ambitions for Patient-Centric, Accessible Care
Amazon’s Insulin Coupons Fuel Retail Ambitions for Patient-Centric, Accessible Care
August 16, 2023  |  Healthcare

Technological advancements and evolving consumer expectations are fueling a significant transformation in the healthcare space, with several retailers at the forefront of shaping new paradigms...

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Private Equity Firm Silver Lake Considers Selling Global Blue
Private Equity Firm Silver Lake Considers Selling Global Blue
August 15, 2023  |  Business

Private equity firm Silver Lake is reportedly exploring selling Global Blue, a company that enables retailers to offer tax-free shopping. This consideration comes after receiving...

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Petco Teams With Ollie to Offer Dogs Human-Grade Meals
Petco Teams With Ollie to Offer Dogs Human-Grade Meals
August 15, 2023  |  Retail

Petco has teamed with dog nutrition brand Ollie to bring human-grade dog food to Petco customers. The partnership, announced Tuesday (Aug. 15), offers pet parents...

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7-Eleven Australia Taps Frictionless Checkout as Shoppers Demand Convenience
7-Eleven Australia Taps Frictionless Checkout as Shoppers Demand Convenience
August 15, 2023  |  Retail

7-Eleven Australia is gearing up to roll out frictionless checkout in an effort to meet convenience store customers’ need for speed.   In an emailed press...

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