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)

Champagne Sales Fizzling as Sober Bars Spark
Champagne Sales Fizzling as Sober Bars Spark
July 22, 2023  |  Retail

In-person events are a thing now, with COVID-19 in our rear-view mirror. But with consumers celebrating occasions together once more, why are Champagne sales down?...

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Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
July 21, 2023  |  Payment Methods

Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21). But beyond the confines of...

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Grocers Struggle to Compete With Mega-Retailers Amid Inflation
Grocers Struggle to Compete With Mega-Retailers Amid Inflation
July 21, 2023  |  Retail

As food inflation continues indefinitely, grocery shoppers continue to seek savings, abandoning previous favorite brands and retailers in favor of the best deals. Amid these...

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UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

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Barbie’s Wardrobe and Zales’ Jewelry Are Available to Rent  
Barbie’s Wardrobe and Zales’ Jewelry Are Available to Rent  
July 21, 2023  |  Retail

Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects...

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TikTok Shop Partners With Atome to Offer Installment Payments in Malaysia
TikTok Shop Partners With Atome to Offer Installment Payments in Malaysia
July 21, 2023  |  Social Commerce

TikTok Shop has partnered with buy now, pay later (BNPL) service Atome to offer installment payments in Malaysia. “Today we announce our partnership with Atome, providing our customers...

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Rather Than Build In-House Most US and UK Convenience Stores Outsource Payment Innovation
Rather Than Build In-House Most US and UK Convenience Stores Outsource Payment Innovation
July 21, 2023  |  Payments Innovation

What payment methods are being explored by retailers in the grocery, pharmacy and convenience store arenas? It depends, as these retailers have different needs that...

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Consumers Consider Pet Supply Subscriptions as Essential as Household Items
Consumers Consider Pet Supply Subscriptions as Essential as Household Items
July 20, 2023  |  Subscription Commerce

Even as subscription rates falter overall, the robust offerings of pet supply subscriptions — plus the emotional attachment to beloved pets — have bolstered the...

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Tylenol Maker Kenvue Sees Self-Care Surge as Amazon Emerges as Destination for Category
Tylenol Maker Kenvue Sees Self-Care Surge as Amazon Emerges as Destination for Category
July 20, 2023  |  Earnings

Despite beating second-quarter revenue and earnings expectations in its first quarterly report since spinning out from Johnson & Johnson two months ago, Kenvue’s shares declined...

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