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)

The RealReal Sharpens Resale Focus but Still Reports Loss 
The RealReal Sharpens Resale Focus but Still Reports Loss 
May 11, 2023  |  Retail

It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been...

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Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
May 11, 2023  |  eCommerce

Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche...

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Everseen Raises $71 Million to Battle Retail Theft With AI
Everseen Raises $71 Million to Battle Retail Theft With AI
May 11, 2023  |  Investments

Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at...

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Ahold Delhaize US Says Digital Engagement up 10% as 2.7 Billion Personalized Offers Went to Consumers
Ahold Delhaize US Says Digital Engagement up 10% as 2.7 Billion Personalized Offers Went to...
May 10, 2023  |  Retail

Netherlands-based multinational grocer Ahold Delhaize said digital and omnichannel engagement and store modernization efforts are paying off, particularly for its U.S. brands. Reporting first quarter...

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Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
May 10, 2023  |  eCommerce

For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....

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UK Leads US in Retailers Staying Ahead of Instant Payments Game
UK Leads US in Retailers Staying Ahead of Instant Payments Game
May 10, 2023  |  Real-Time Payments

With the rise of online shopping, in-store retailers are under pressure to make innovation in real-time payment alternatives and omnichannel marketing — strengths of eCommerce...

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Consumers Pare Spending on Grocery and Retail Even as Inflation Slows
Consumers Pare Spending on Grocery and Retail Even as Inflation Slows
May 10, 2023  |  Consumer Insights

Inflation is slowing, but April’s data showed the damage has been done to consumers’ wallets. The Bureau of Labor Statistics found that the Consumer Price...

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Provi CEO: Alcohol Marketplaces Are Master Class in Simplifying Business Payments
Provi CEO: Alcohol Marketplaces Are Master Class in Simplifying Business Payments
May 10, 2023  |  B2B Payments

New needs and emergent market realities are a driving force behind the evolution of payments. Nowhere is that truer than across business-to-business (B2B) transactions, where...

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Visa Partners With Prove for Faster Customer Onboarding
Visa Partners With Prove for Faster Customer Onboarding
May 10, 2023  |  Authentication

Identity verification firm Prove has teamed with Visa to speed up customer onboarding. The partnership, announced Wednesday (May 10), gives Visa clients access to Prove’s Pre-Fill identity verification solution, which lets...

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