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)

Shopify Sees 17% Growth After Dumping Logistics Arm
Shopify Sees 17% Growth After Dumping Logistics Arm
August 03, 2023  |  eCommerce

What happens after a breakup? One would hope that you shed the dead weight and find yourself again.   After offloading its logistic arm and conducting...

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Meta Plans Second Smart Glasses Generation as First One Flounders
Meta Plans Second Smart Glasses Generation as First One Flounders
August 03, 2023  |  Meta

Last month, Meta CEO Mark Zuckerberg said he was still optimistic about the metaverse. Consumers, however, seem less enthusiastic about the devices designed to serve...

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Cost Isn’t the Real Reason Consumers Bail on Retail Subscriptions
Cost Isn’t the Real Reason Consumers Bail on Retail Subscriptions
August 03, 2023  |  Subscription Commerce

Loyal subscribers are worth their weight in gold to retail subscription merchants. A subgroup of loyal customers we called “loyalists” yield higher lifetime value (LTV)...

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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...

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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...

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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...

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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...

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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...

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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...

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