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)

Merchants Push for New Laws to Combat Organized Retail Theft
Merchants Push for New Laws to Combat Organized Retail Theft
August 11, 2023  |  Retail

Retailers and trade associations across the country are pushing for state and federal laws to impose harsher penalties for those engaging in organized retail crime....

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Uber Eats Expands Alcohol Selection to Boost New Verticals’ Margins
Uber Eats Expands Alcohol Selection to Boost New Verticals’ Margins
August 11, 2023  |  Delivery

As aggregators seek to embed their offerings more deeply in consumers’ day-to-day routines, Uber is tapping Hy-Vee’s alcoholic beverage selection to drive adoption of its...

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Amazon Aims to Reduce Packaging Waste
Amazon Aims to Reduce Packaging Waste
August 11, 2023  |  Amazon

Amazon is working toward reducing its use of packaging and now has millions of orders arriving to customers with no extra box. The retail giant has...

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American Eagle’s Aerie Looks to Localization to Drive Conversions
American Eagle’s Aerie Looks to Localization to Drive Conversions
August 11, 2023  |  Retail

Personalization has become the norm, and retailers without this feature are considered obsolete and disconnected.  Yet when exploring personalization, many strategies come into play. One...

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Amazon’s Plan to Scale Grocery Offerings May Dent Walmart’s Share
Amazon’s Plan to Scale Grocery Offerings May Dent Walmart’s Share
August 11, 2023  |  Walmart Amazon whole paycheck

Seemingly as long as the world’s top two retailers have competed, Walmart has been considered the go-to for groceries while Amazon leads in non-food sales....

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Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
August 11, 2023  |  Loans

With change comes challenge, but with challenge comes opportunity. As 2023 marches on, much of the initial doom and gloom-fueled skepticism around how the year...

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James Allen Offers ChatGPT Assistant Subscriptions to Shoppers
James Allen Offers ChatGPT Assistant Subscriptions to Shoppers
August 11, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI), particularly OpenAI’s ChatGPT, has become a major trend in retail. Brands and retailers are integrating it due to consumer demand for interactive experiences. In...

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Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
August 11, 2023  |  Earnings

Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net...

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Alibaba’s Sales Up 14%, Pushed by International Sales
Alibaba’s Sales Up 14%, Pushed by International Sales
August 10, 2023  |  Earnings

Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao...

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