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)

Brands Are Turning to Virtual Shopping to Measure Event Impact 
Brands Are Turning to Virtual Shopping to Measure Event Impact 
July 13, 2023  |  Retail

During the summer, when outdoor events are in demand, retailers are embracing virtual experiences. It’s not because they can’t stand the heat but because while...

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Kim Kardashian’s Skims Chases $4 Billion Valuation Ahead of IPO
Kim Kardashian’s Skims Chases $4 Billion Valuation Ahead of IPO
July 13, 2023  |  Retail

Kim Kardashian’s apparel brand Skims could soon be worth nearly $4 billion. The company is in the middle of a funding round that could help it reach...

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US Bank and Rollick Bring Digital Transformation to RV and Boat Sales
US Bank and Rollick Bring Digital Transformation to RV and Boat Sales
July 12, 2023  |  Partnerships

U.S. Bank and customer engagement technology provider Rollick have partnered and launched a marketplace for recreational vehicles (RVs) and boats. The new U.S. Bank RV and Boat Marketplace offers customers...

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Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
July 12, 2023  |  Amazon

Within the first 24 hours of Amazon’s Prime Day event, U.S. consumers spent $6.4 billion online, according to Adobe.  Despite a 6% increase year over...

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Meta Plans to Challenge EU Over Facebook Marketplace Abuse
Meta Plans to Challenge EU Over Facebook Marketplace Abuse
July 12, 2023  |  Meta

Meta plans to challenge antitrust accusations that the European Union has leveled against it. The EU alleged that Meta stifled competition from classified ad competitors by...

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Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
July 12, 2023  |  Economy

The torrid pace of inflation is torrid no longer. At least judging by the data for June. The question remains, however, whether the fact that...

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Report: Kim Kardashian Wants to Buy Back Coty’s Stake in SKKN by Kim
Report: Kim Kardashian Wants to Buy Back Coty’s Stake in SKKN by Kim
July 12, 2023  |  Retail

 Kim Kardashian is reportedly looking to buy back the 20% of her beauty business she sold to Coty. The talks are ongoing, a sale price...

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Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
July 12, 2023  |  Retail

Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted...

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UPP Takes an AI-Powered Approach to Optimizing Google Shopping for Merchants 
UPP Takes an AI-Powered Approach to Optimizing Google Shopping for Merchants 
July 12, 2023  |  Retail

Today’s digital landscape requires retailers to bring their A-game to grabbing customers’ attention and loyalty. With the rise of eCommerce and online shopping, optimizing the...

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