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)

Retail Subscriptions Hold Their Appeal for Many As Retention Takes the Spotlight
Retail Subscriptions Hold Their Appeal for Many As Retention Takes the Spotlight
May 08, 2023  |  Subscriptions

Despite belt-tightening among consumers, retail subscriptions proved resilient in the first quarter and show no signs of weakening, offering proof points on the power of...

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Swiss Watch Industry Boosts Earnings by Raising Prices
Swiss Watch Industry Boosts Earnings by Raising Prices
May 08, 2023  |  Retail

The Swiss watch industry is reportedly dealing with competition from smartwatches by raising prices. The industry earned more than ever before in 2022 by raising...

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Macy’s Expands to Strip Malls With Smaller Stores and Leaner Inventory
Macy’s Expands to Strip Malls With Smaller Stores and Leaner Inventory
May 08, 2023  |  Retail

The word is that Macy’s is exiting the dying mall and making its foray into strip malls, as it views these type of physical retail...

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Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
May 08, 2023  |  Retail

From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. During the first quarter of 2023, Mary-Kate and Ashley Olsen’s...

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Retailers Lead April Job Cuts as Consumers Pull Back
Retailers Lead April Job Cuts as Consumers Pull Back
May 08, 2023  |  Retail

April layoffs in the retail space led all other industries, jumping 270% from March. That’s according to a report from employment service Challenger, Gray &...

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EPI CEO Says Europe Ready for One Digital Wallet
EPI CEO Says Europe Ready for One Digital Wallet
May 08, 2023  |  Payment Methods

As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. ...

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Merchants Can Reach Connected Consumers with Shoppable Content
Merchants Can Reach Connected Consumers with Shoppable Content
May 07, 2023  |  Connected Economy

Influenced by the current inflationary cycle, consumers moderate their in-store and online spending for all but the essentials. They have shifted away from transactional activities. Their digital...

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Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
May 07, 2023  |  Consumer Finance

Did it all start with diapers? WSJ reported this week (May 2) that inflation was a more difficult economic challenge than Jerome Powell, Janet Yellen and others...

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Loss of SNAP and Grocery Inflation Push Consumers Off ‘Hunger Cliff’
Loss of SNAP and Grocery Inflation Push Consumers Off ‘Hunger Cliff’
May 07, 2023  |  Economy

High inflation and reduced government aid have led to a spike in food bank demand. A report Sunday (May 7) by Bloomberg News illustrates this trend...

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