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)

Klaviyo Adds Buy With Prime to Marketing Platform
Klaviyo Adds Buy With Prime to Marketing Platform
May 25, 2023  |  Payment Methods

Marketing automation platform Klaviyo has launched an integration with Amazon’s Buy With Prime. The integration lets Klavio users “easily sync their Buy With Prime order and customer data with their...

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Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
May 25, 2023  |  Earnings

Dollar Tree is apparently not immune to the shrinkage issue plaguing other retailers. The discount store chain released earnings results Thursday (May 25) showing an increase in sales,...

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Amazon Prime Raises the Bar for Grocery Memberships
Amazon Prime Raises the Bar for Grocery Memberships
May 25, 2023  |  Retail

As Amazon succeeds at whittling away at incumbent grocers’ shares of center-aisle purchases, smaller retailers are drawing inspiration. According to a PYMNTS survey of nearly...

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Petco Gets Paws Deep on Pet Essentials 
Petco Gets Paws Deep on Pet Essentials 
May 25, 2023  |  Retail

Whatever humans need, pets need. That’s the mindset Petco seems to understand when it comes to the pet parent that shops with the specialty retailer....

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Urban Outfitters Gets Too Lean on Inventory  
Urban Outfitters Gets Too Lean on Inventory  
May 25, 2023  |  Retail

Urban Outfitters put itself on a crash diet that might have gone too far.  As a result of inflation and the unpredictable nature of consumer...

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High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
May 24, 2023  |  Consumer Insights

The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up...

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Grocery’s Global Digital Growth Lags Behind Other Industries by 29%
Grocery’s Global Digital Growth Lags Behind Other Industries by 29%
May 24, 2023  |  eCommerce

As consumers increase their digital engagement across all parts of their lives, online grocery adoption is growing more slowly than other parts of people’s day-to-day...

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Amazon One Introduces Age Verification to Reduce Alcohol Sales Friction
Amazon One Introduces Age Verification to Reduce Alcohol Sales Friction
May 24, 2023  |  Amazon

In an effort to remove friction from alcohol purchases at Just Walk Out locations, and in turn to boost adoption and customer frequency, Amazon is...

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 Small Trucking Firms Can Navigate Retail’s Bumpy Road Ahead With Faster Payments 
 Small Trucking Firms Can Navigate Retail’s Bumpy Road Ahead With Faster Payments 
May 24, 2023  |  Shipping

Consumer demand is uncertain.  Retailers are pulling back on orders from their manufacturers and suppliers. The ripple effect ripples all the way through the middle...

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