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)

Klarna Revenue Jumps 27% Amid IPO Preparations
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024  |  IPO

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year...

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Google to Add AI-Powered Insights and Reports to Merchant Center
Google to Add AI-Powered Insights and Reports to Merchant Center
August 27, 2024  |  Google

Google will roll out new artificial intelligence-powered tools in its Merchant Center in time to help retailers sell during the holiday season. The tools include...

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Retailers Tackle the High Cost of Returns by Incentivizing People Not To
Retailers Tackle the High Cost of Returns by Incentivizing People Not To
August 27, 2024  |  Retail

Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for...

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Report: Apollo and BlackRock to Aid Merger of Branded and Heyday
Report: Apollo and BlackRock to Aid Merger of Branded and Heyday
August 26, 2024  |  Acquisitions

Apollo Global Management and BlackRock are reportedly considering providing debt financing for a merger of Amazon aggregators Branded and Heyday. Branded is in talks to...

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Chanel Launches Necklace-Watch That Connects to Smartphone
Chanel Launches Necklace-Watch That Connects to Smartphone
August 26, 2024  |  Wearables

Chanel has reportedly launched a watch that is worn as a necklace and includes integrated wired headphones, a microphone and remote control. When connected to the...

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Malls Look to Future With Experiential Retail as They Navigate Macy’s Changes
Malls Look to Future With Experiential Retail as They Navigate Macy’s Changes
August 26, 2024  |  Retail

As U.S. malls grapple with shifting consumer preferences and the digital revolution, they are undergoing a transformation. In an interview with PYMNTS, Rachel Williamson, chief...

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Apple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
Apple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
August 26, 2024  |  Apple

Apple is gearing up to launch “Apple Intelligence,” a sweeping artificial intelligence (AI) initiative that experts say could rewrite the rules of digital commerce. The...

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Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
August 26, 2024  |  Cryptocurrency

The cryptocurrency sector has long been in search of gateway use cases to accelerate adoption. News broke Friday (Aug. 23) that Wyoming is reportedly developing...

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Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
August 26, 2024  |  eCommerce

The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. PDD Holdings released quarterly earnings Monday (Aug. 26) showing an...

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