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)

 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...

READ MORE >
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
May 24, 2023  |  Earnings

Showing the enduring strength of the in-store experience, Kohl’s reported an improvement in its first-quarter performance compared to last year and plans to further enhance...

READ MORE >
Shein Diversifies US Strategy, Launches Third-Party Marketplace and Pop-Ups   
Shein Diversifies US Strategy, Launches Third-Party Marketplace and Pop-Ups   
May 24, 2023  |  Retail

With a passionate online following already under its belt, Shein is now setting its sights on expanding its influence in the U.S. In pursuit of...

READ MORE >
eCampus Capitalizes on Amazon’s Exit From Textbook Rental Space
eCampus Capitalizes on Amazon’s Exit From Textbook Rental Space
May 24, 2023  |  Retail

eCampus.com says it is making the most of Amazon’s decision to end textbook rentals. The company, which sells textbooks and course materials, announced Tuesday (May...

READ MORE >
Peloton Unveils Membership Tiers in ‘Anyone Anywhere’ Rebrand
Peloton Unveils Membership Tiers in ‘Anyone Anywhere’ Rebrand
May 23, 2023  |  Fitness

Peloton has debuted new membership tiers as it rebrands to focus on exercise, not hardware. “We’re shifting perceptions from in-home to everywhere, fitness enthusiasts to...

READ MORE >
Amazon Says Third-Party Sellers Drive 60% of eCommerce Sales
Amazon Says Third-Party Sellers Drive 60% of eCommerce Sales
May 23, 2023  |  Amazon

Amazon says small, independent businesses now account for a bulk of its eCommerce sales. The company’s annual U.S. Small Business Empowerment Report, issued Tuesday (May...

READ MORE >
Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
May 23, 2023  |  Retail

Retailers charging fees for returns walk a tightrope. On the one hand, fees levied when customers decide not to keep what they’ve bought help offset...

READ MORE >
Google Turns Product Images Into Merchant Sales Using Generative AI
Google Turns Product Images Into Merchant Sales Using Generative AI
May 23, 2023  |  artificial intelligence

Shopping has evolved into an activity that can take place anytime and anywhere. As a result, businesses face a perpetual challenge in distinguishing themselves and...

READ MORE >
Lowe’s Digital and Omnichannel Upgrades Shine Amid 4.3% Decreased Sales
Lowe’s Digital and Omnichannel Upgrades Shine Amid 4.3% Decreased Sales
May 23, 2023  |  Earnings

Lowe’s is seeing strength in the home improvement category due to efficiencies of digital and omnichannel selling that’s become a pillar for the retailer. That’s despite...

READ MORE >