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)

Fiserv Lets Cardholders Shop With Rewards Points on Amazon
Fiserv Lets Cardholders Shop With Rewards Points on Amazon
July 27, 2023  |  Retail

Payments FinTech Fiserv says it’s letting cardholders redeem points for Amazon purchases. The offering, announced Thursday (July 27), allows cardholders at financial institutions that are part of Fiserv’s uChoose rewards program...

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Getir Will Exit Spain, Portugal and Italy Grocery Delivery Markets
Getir Will Exit Spain, Portugal and Italy Grocery Delivery Markets
July 27, 2023  |  Delivery

Ultrafast grocery company Getir is exiting three European markets as it focuses on profitability. The Turkish startup announced Thursday (July 27) it plans to withdraw from Italy,...

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Mattel CEO Teases More ‘Barbie’ Content
Mattel CEO Teases More ‘Barbie’ Content
July 27, 2023  |  Earnings

At this point, everyone is seeing Barbie pink, whether you like it or not. And that’s a vision toymaker Mattel has ambitious plans to sustain.  ...

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How Old Navy Is Trying to Capture Back-to-School Spend 
How Old Navy Is Trying to Capture Back-to-School Spend 
July 27, 2023  |  Retail

Consumers’ spending behavior has slowed down, which is causing concern among retailers. Although they are still making purchases, the rate at which they are doing...

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eBay Says Q2 Results Exceeded Expectations Amid ‘Tech-Led Reimagination’
eBay Says Q2 Results Exceeded Expectations Amid ‘Tech-Led Reimagination’
July 26, 2023  |  Earnings

eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings...

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Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
July 26, 2023  |  Earnings

As consumers continue to seek more affordable options amid inflation, Coca-Cola is shifting its product strategy toward cost-cutting shoppers. On a call with analysts on...

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Shopify Credit Adds Business Credit Cards to Streamline Small Business Working Capital Processes
Shopify Credit Adds Business Credit Cards to Streamline Small Business Working Capital Processes
July 26, 2023  |  eCommerce

Small and medium-sized businesses (SMBs), which play a crucial role in powering the U.S. economy, are facing increasing difficulties in accessing working capital and other financing.  ...

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Gap Appoints Mattel Veteran Richard Dickson as President and CEO
Gap Appoints Mattel Veteran Richard Dickson as President and CEO
July 26, 2023  |  Personnel

Specialty apparel company Gap has appointed Mattel veteran Richard Dickson as its president and CEO, effective Aug. 22. Dickson is currently president and chief operating officer at global toy company Mattel,...

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LVMH Reports Unexpected Slowdown 
LVMH Reports Unexpected Slowdown 
July 26, 2023  |  Retail

During the second quarter of 2023, LVMH’s portfolio brand Loewe secured the top spot on Lyst Index — a quarterly report that considers Lyst shoppers’ behavior,...

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