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)

Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
August 04, 2023  |  Amazon

Amazon’s movement to create a commerce ecosystem well beyond simply logging sales on its platform showed up in second-quarter earnings results, as sales gleaned from...

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Sally Beauty CEO: Gen Z Adopts BNPL, Boosts eCommerce Sales by 7% 
Sally Beauty CEO: Gen Z Adopts BNPL, Boosts eCommerce Sales by 7% 
August 04, 2023  |  Retail

In a landscape marked by economic uncertainty, Sally Beauty is witnessing an interesting shift in consumer spending patterns.  During the third quarter, Sally Beauty announced that the...

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Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
August 04, 2023  |  Retail

In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very...

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TikTok Eyes Indonesian Payments License to Boost eCommerce Business
TikTok Eyes Indonesian Payments License to Boost eCommerce Business
August 04, 2023  |  eCommerce

TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. The ByteDance-owned social media platform’s application has been favorably received by Indonesia’s...

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Banks and Merchants Look to Receipts for Data That Drives Context and Conversion
Banks and Merchants Look to Receipts for Data That Drives Context and Conversion
August 04, 2023  |  Data

A sticky customer base makes for a happy business. And the technical opportunities and innovations embedded across today’s data-rich operating landscape are helping financial institutions,...

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Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
August 03, 2023  |  Earnings

For Apple, the push to become a service-centered ecosystem proceeds apace. And in the latest quarter, revenues from hardware waned 4.7%, while services-related sales were...

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Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
August 03, 2023  |  Retail

The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition...

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Social Media Shoppers Are Minority but Highly Satisfied
Social Media Shoppers Are Minority but Highly Satisfied
August 03, 2023  |  Social Commerce

Fourteen percent of consumers, representing approximately 36 million shoppers, buy items through social media. However, as illustrated in “Tracking the Digital Payments Takeover: Monetizing Social...

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