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)

Subscription Merchants Say Easy Cancellation Helps Retain Customers
Subscription Merchants Say Easy Cancellation Helps Retain Customers
May 15, 2023  |  Subscriptions

Consumers love their retail subscriptions, but inflation has forced a wave of cancellations, and merchants need to use every tool at their disposal — including...

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40% of US Retailers Say Scan-and-Go Is Essential to Keep Customers
40% of US Retailers Say Scan-and-Go Is Essential to Keep Customers
May 14, 2023  |  Retail

The Wall Street Journal reported last month (April 7) on the evolution of self-checkout systems, focusing on Uniqlo’s parent company, Fast Retailing, and its introduction...

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Target Investors Worry About Earnings as Consumers Cut Back
Target Investors Worry About Earnings as Consumers Cut Back
May 14, 2023  |  Retail

As consumers cut spending, investors are reportedly worried Target’s next earnings will miss the mark. The retailer is set to release quarterly figures Wednesday (May 17), and...

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Will Consumers Pay $50 for Drugstore Brand Sunscreen?
Will Consumers Pay $50 for Drugstore Brand Sunscreen?
May 13, 2023  |  Retail

Inflation might be cooling but it hasn’t worn off yet, especially as consumers continue to purchase products that can essentially be dubbed “in demand.” Take...

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ServiceNow to Acquire G2K to Add IoT Technology to Platform
ServiceNow to Acquire G2K to Add IoT Technology to Platform
May 12, 2023  |  Acquisitions

ServiceNow plans to acquire G2K to add new capabilities to its solutions for brick-and-mortar businesses. The transaction will add G2K’s Internet of Things (IoT) technology to ServiceNow’s Now Platform,...

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Consumer Sentiment Sours as Inflation Looks Set for the Long Haul
Consumer Sentiment Sours as Inflation Looks Set for the Long Haul
May 12, 2023  |  Economy

The University of Michigan’s consumer sentiment survey has notched its lowest level since the end of last year. The latest reading came in at 57.7, which was 9%...

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Wholesale Inventory Data Shows Value of Real-Time Tracking Amid Softening Demand
Wholesale Inventory Data Shows Value of Real-Time Tracking Amid Softening Demand
May 12, 2023  |  Retail

Government data released this week hints that retailers are in for a protracted struggle through the next few months. And with stock moving slowly through...

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Lululemon Wants Consumers to Trade in Dupes for the Real Thing 
Lululemon Wants Consumers to Trade in Dupes for the Real Thing 
May 12, 2023  |  Retail

Irrespective of inflation, consumers have consistently preferred dupes, counterfeits or private label (store) brands. And as this increasingly becomes a reality, especially as consumers have...

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Influencers Help Brands Drive Sales Through Retail Media Networks
Influencers Help Brands Drive Sales Through Retail Media Networks
May 12, 2023  |  Retail

With the newfound momentum behind retail media networks and Dollar General and Walmart reporting promising results, many brands and retailers feel compelled to take this...

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