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)

Amazon Wins in Dry Groceries as Walmart Breaks a Sweat
Amazon Wins in Dry Groceries as Walmart Breaks a Sweat
May 30, 2023  |  Retail

Walmart may be well ahead of Amazon in terms of share of the total grocery market, but when it comes to the center aisles, the...

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Jennifer Aniston, Lady Gaga Make Forays Into Retail as Fame Alone Can’t Guarantee Sales
Jennifer Aniston, Lady Gaga Make Forays Into Retail as Fame Alone Can’t Guarantee Sales
May 30, 2023  |  Retail

The proliferation of celebrity-backed brands in recent years has led to a saturation of the market, resulting in a diminishing impact on audience engagement. Celebrities,...

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Bloomingdale’s, thredUP Look to AI-Powered Product Attribution to Drive Sales
Bloomingdale’s, thredUP Look to AI-Powered Product Attribution to Drive Sales
May 30, 2023  |  Retail

Artificial intelligence (AI) is a hot tool these days. Not only is it helping brands and retailers streamline business operations to become more efficient but...

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Six Flags Adds Amazon’s ‘Just Walk Out’ Tech
Six Flags Adds Amazon’s ‘Just Walk Out’ Tech
May 30, 2023  |  Retail

Six Flags has reportedly become the first theme park offering Amazon’s “Just Walk Out” technology. The pilot program, set to launch next month at the...

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Work From Home Forces Retailers to Rethink City Strategies
Work From Home Forces Retailers to Rethink City Strategies
May 29, 2023  |  Connected Economy

Consumers not physically employed in offices are spending in locations that are more convenient to them than the city. One man’s meat is another’s poison...

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UK Retailers Ride eCommerce Delivery Wave With Faster, Eco-Conscious Commitments
UK Retailers Ride eCommerce Delivery Wave With Faster, Eco-Conscious Commitments
May 29, 2023  |  Delivery

British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and...

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China Enjoys ‘Incremental Rebound’ in Consumer Spending
China Enjoys ‘Incremental Rebound’ in Consumer Spending
May 28, 2023  |  Consumer Insights

Consumer spending in China is slowly but surely recovering from COVID. “We’re seeing the incremental rebound from the Chinese consumer,” KraneShares Chief Investment Officer Brendan Ahern told CNBC in...

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Businesses Saying No to Unsupervised Teens
Businesses Saying No to Unsupervised Teens
May 28, 2023  |  Retail

The storied teenage tradition of the mall hangout could be coming to an end. Malls, movie theaters and other businesses around the country are increasingly...

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UK Seeks Cap on Food Prices as Consumers Struggle
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023  |  Economy

The British government wants supermarkets to cap food prices amid rampant inflation. U.K. health secretary Steve Barclay said Sunday (May 28) that ministers were in...

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