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)

P&G Invests in Digital as Consumers Shift CPG Spending Online
P&G Invests in Digital as Consumers Shift CPG Spending Online
April 21, 2023  |  eCommerce

As consumers shift from supermarkets to eCommerce channels, Procter & Gamble is driving digital sales. The consumer packaged goods (CPG) giant shared on a call...

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Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
April 21, 2023  |  Retail

Amazon has launched a private-sector partnership working to stop the sale of counterfeit goods. The new Anti-Counterfeiting Exchange (ACX) allows participating stores to share information...

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Pinterest Reportedly Adding Attribution Tools as Advertisers Seek Measurable Results
Pinterest Reportedly Adding Attribution Tools as Advertisers Seek Measurable Results
April 21, 2023  |  Retail

Pinterest is reportedly losing some advertising clients as brands look for measurable results. With brands concerned about the direction of the economy and reducing costs,...

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The Rise and Fall of Lululemon’s Connected Economy Venture
The Rise and Fall of Lululemon’s Connected Economy Venture
April 21, 2023  |  Fitness

During the pandemic, fitness apparel retailer Lululemon purchased a connected fitness company called Mirror in 2020 as a way reach cooped-up consumers. Later renamed Lululemon...

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Struggling Gap Bets on Nostalgia and Brings Back Barbie 
Struggling Gap Bets on Nostalgia and Brings Back Barbie 
April 21, 2023  |  Retail

Just last month, Gap reflected on a year of struggle, with numerous net losses, bloated inventory levels and a search for a permanent CEO. In the...

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Walmart’s Latest Streaming Move Aimed at Amazon’s Content Lead
Walmart’s Latest Streaming Move Aimed at Amazon’s Content Lead
April 21, 2023  |  Retail

Without much fanfare, Walmart unveiled a new edition of its Google TV stick with updated specs and a revamped remote, competing directly with Amazon’s Fire...

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UK’s Point of Sale Finance Game Ripe for Payments Overhaul
UK’s Point of Sale Finance Game Ripe for Payments Overhaul
April 21, 2023  |  POS Innovation

Consumers and merchants are being let down by the current state of play in the traditional retail finance space — an “untouched” aspect of the...

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PopID Adds Palm Verification to Biometric Platform
PopID Adds Palm Verification to Biometric Platform
April 20, 2023  |  Biometrics

PopID now enables palm verification as well as face verification. The firm has partnered with PalmID to add the palm option to its platform for...

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Consumers Spring for Big-Ticket Items When Nice-to-Haves Become Need-to-Haves
Consumers Spring for Big-Ticket Items When Nice-to-Haves Become Need-to-Haves
April 20, 2023  |  Consumer Payments

The sales of expensive everyday items are experiencing somewhat of a reprieve from the consumer slump other retail sectors are facing. At first, it may...

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