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)

What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand to Grow Sales
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand...
July 31, 2023  |  Retail

In March 2023, Arthur Stark, the former president of Bed Bath & Beyond (BBBY), discussed the company’s revival of its coupon strategy called the “big blue” approach....

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The Most Satisfied Shoppers Are Found in the UAE — How Other Countries Can Catch Up
The Most Satisfied Shoppers Are Found in the UAE — How Other Countries Can Catch...
July 31, 2023  |  eCommerce

Consumers worldwide are increasingly using digital features to enhance their shopping journeys, but few markets have adopted digital as quickly as the United Arab Emirates....

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Generative AI Streamlines B2B eCommerce by Clearing Back-End Bottlenecks 
Generative AI Streamlines B2B eCommerce by Clearing Back-End Bottlenecks 
July 31, 2023  |  Commercial Payments

Personalization will always win vis-à-vis a one-size-fits-all approach. And that is increasingly true, even across commercial and B2B engagements.  But an effective program that leverages...

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Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
July 30, 2023  |  Retail

Earlier this month, Chinese fast-fashion brand Temu sued rival Shein, accusing it of “intimidation.” That suit followed an earlier one filed in federal court in March in which...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

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Embracing Disloyalty: Are Consumers Rewriting Rewards Programs?
Embracing Disloyalty: Are Consumers Rewriting Rewards Programs?
July 29, 2023  |  Loyalty & Rewards

With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward....

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Walmart Expects Fully Automated Warehouse to Double Its Capacity
Walmart Expects Fully Automated Warehouse to Double Its Capacity
July 28, 2023  |  Walmart

At the facility that is becoming Walmart’s first warehouse to handle most products with automation, workers are getting a view of how their jobs will change....

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Post-Barbie Collab, Crocs Reports $1.07 Billion in Revenue
Post-Barbie Collab, Crocs Reports $1.07 Billion in Revenue
July 28, 2023  |  Retail

Crocs is in the business of collaborations. It’s a skill many can learn from, as the footwear company reported $1.07 billion in revenue on Thursday...

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Victoria’s Secret to Premiere ‘Re-Imagined Fashion Show’ on Prime Video
Victoria’s Secret to Premiere ‘Re-Imagined Fashion Show’ on Prime Video
July 28, 2023  |  Retail

Victoria’s Secret will present a “re-imagined fashion show” on Amazon’s Prime Video. “The Victoria’s Secret World Tour” will be available to stream on Sept. 26, and a...

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