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)

Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
May 16, 2023  |  Retail

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Amazon to Add Generative AI to Marketplace Search
Amazon to Add Generative AI to Marketplace Search
May 15, 2023  |  Amazon

Amazon is reportedly looking to add generative artificial intelligence (AI) to its search function. There have been suggestions of that goal in the company’s job postings...

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Victoria’s Secret Ditches the Runway for Film, but Will Consumers Care? 
Victoria’s Secret Ditches the Runway for Film, but Will Consumers Care? 
May 15, 2023  |  Retail

Victoria’s Secret (VS) is reviving its iconic fashion show but with a fresh approach. Instead of the traditional runway event, the brand is featuring women...

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Mugler and H&M: Why Luxury Brands Are Leaning Into Fast Fashion
Mugler and H&M: Why Luxury Brands Are Leaning Into Fast Fashion
May 15, 2023  |  Retail

The fashion industry used to view collaborations between luxury brands and fast fashion as taboo. Luxury brands were reluctant to partner with fast-fashion retailers for...

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Amazon Using AI to Drive Faster Delivery
Amazon Using AI to Drive Faster Delivery
May 15, 2023  |  artificial intelligence

Amazon is reportedly using artificial intelligence in its inventory system to speed deliveries. Stefano Perego, Amazon’s vice president of customer fulfillment and global ops services...

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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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