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

Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market

Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

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Mind the Gap: Hiding Digital Features Costs UK Merchants Sales
Mind the Gap: Hiding Digital Features Costs UK Merchants Sales
March 20, 2024  |  VISA

Integrating online features and in-store shopping is reshaping the shopping experience in the U.K. However, more than one-quarter of U.K. merchants don’t offer the digital...

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Receipt Data May Be Key to More Efficient Customer Experiences
Receipt Data May Be Key to More Efficient Customer Experiences
March 19, 2024  |  Retail

Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial...

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Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024  |  Retail

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. Get...

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Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024  |  Retail

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic...

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Nordstrom Mulls New Privatization Bid as Department Stores Struggle
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
March 19, 2024  |  Retail

Nordstrom’s founding family is reportedly mounting another effort to take the retailer private. Get the Full Story Complete the form to unlock this article and...

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Johnnie-O CEO: Personalized D2C Messaging Drives Customer Retention
Johnnie-O CEO: Personalized D2C Messaging Drives Customer Retention
March 19, 2024  |  Retail

As direct-to-consumer (D2C) brands look to drive long-term loyalty in the crowded, highly competitive category, johnnie-O is seeing personalized communications keep shoppers engaged over the long term....

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ShopBack Cuts 24% of Staff Amid BNPL Retreat
ShopBack Cuts 24% of Staff Amid BNPL Retreat
March 19, 2024  |  BNPL

Singapore’s ShopBack is cutting a quarter of its staff as it exits the BNPL space. Get the Full Story Complete the form to unlock this article and...

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Kroger to Sell Specialty Pharmacy Business to Elevance Health’s CarelonRx
Kroger to Sell Specialty Pharmacy Business to Elevance Health’s CarelonRx
March 18, 2024  |  Healthcare

Grocery store operator The Kroger Company plans to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. Get the Full Story Complete the form to unlock...

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