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)

Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
August 03, 2023  |  Retail

In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this...

READ MORE >
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
August 02, 2023  |  Earnings

Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds...

READ MORE >
CVS Strengthens Healthcare Focus
CVS Strengthens Healthcare Focus
August 02, 2023  |  Earnings

CVS Health reported Q2 earnings and revenue surpassing expectations on Wednesday (Aug. 2), driven by its ongoing endeavors to strengthen its presence in the healthcare...

READ MORE >
Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
August 02, 2023  |  Taxes

Stripe says it is offering its Tax tool to its platform clients to boost their global commerce sales. “Help with sales tax and VAT has been...

READ MORE >
Skyrocketing Pantry Item Costs Force Kraft Heinz’s to Raise Retail Prices
Skyrocketing Pantry Item Costs Force Kraft Heinz’s to Raise Retail Prices
August 02, 2023  |  Earnings

As many name-brand food companies work against inflation, The Kraft Heinz Company is seeing that the only way to protect its margins is to pass...

READ MORE >
From Inspiration to Consideration, Pinterest Credits AI for Why Its 465M Users Are Shopping 
From Inspiration to Consideration, Pinterest Credits AI for Why Its 465M Users Are Shopping 
August 02, 2023  |  Social Commerce

Pinterest reported 8% growth in monthly active users (MAUs), reaching 465 million. Although this growth rate was similar to the previous quarter, the company noted...

READ MORE >
Amazon Revamps Grocery Business to Compete With Walmart and Kroger
Amazon Revamps Grocery Business to Compete With Walmart and Kroger
August 02, 2023  |  Retail

Amazon is reportedly overhauling its grocery operations to compete on that front with rival Walmart. Changes on tap include updated stores, a warehouse automation pilot and offering...

READ MORE >
Pinterest Says Interest in Shoppable Posts Jumped By 50%
Pinterest Says Interest in Shoppable Posts Jumped By 50%
August 02, 2023  |  Social Commerce

Pinterest says its efforts to become a shopping destination are bearing fruit. While releasing its earnings Tuesday (Aug. 1), the social media platform said click...

READ MORE >
Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
August 01, 2023  |  Earnings

British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K....

READ MORE >