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)

Amazon Launches Dedicated Page for Product Recalls and Safety Alerts
Amazon Launches Dedicated Page for Product Recalls and Safety Alerts
July 25, 2023  |  Amazon

Amazon has launched a  feature designed to make it easier for customers to stay informed about product recalls and safety information for items they have purchased....

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Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
July 25, 2023  |  Consumer Insights

Consumer confidence is high. The payments networks are about to report earnings, and banks have already pointed to some resilience, although spending is slowing. Uneven...

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Klarna and British Department Store Liberty Deploy BNPL
Klarna and British Department Store Liberty Deploy BNPL
July 25, 2023  |  Buy Now Pay Later

Klarna has partnered with British department store Liberty to add its flexible and interest-free payment options to the online store. This partnership aims to help Liberty customers save...

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Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
July 25, 2023  |  Retail

Summer deals got financially fraught consumers to shop both Amazon Prime Day and Walmart+ Week in mid-July. But according to PYMNTS data, twice as many...

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New York Magazine Goes From Editorial to eCommerce
New York Magazine Goes From Editorial to eCommerce
July 25, 2023  |  eCommerce

If you know the term “nepo baby,” it might be because of New York Magazine. A cover story by the magazine on the concept went...

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Retailers Embrace Immersive Storytelling to Woo Fickle Consumers
Retailers Embrace Immersive Storytelling to Woo Fickle Consumers
July 25, 2023  |  Retail

U.K. retail sales rose 0.7% in June, building on the modest 0.1% rise in May. But in the U.S., there is concern about tepid consumer...

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Brands Look to AR for a New Face for Shopping
Brands Look to AR for a New Face for Shopping
July 25, 2023  |  Retail

During the pandemic, traditional work environments underwent a transformation into virtual settings, pushing retailers to explore inventive methods to maintain relevance and strong connections with...

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Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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Grocery Shrinkflation Adds to Shopper Frustration
Grocery Shrinkflation Adds to Shopper Frustration
July 24, 2023  |  Economy

As food prices rise, many consumer-packaged goods (CPG) brands seem to be reducing the amount of product per package, and consumers are taking note. In...

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