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)

Target Pilots GenAI-Powered Chatbot Designed for Store Staffers
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers
June 20, 2024  |  artificial intelligence

Target is piloting a generative artificial intelligence (AI)-powered chatbot that answers store staffers’ questions about on-the-job processes. The retailer is piloting the Store Companion chatbot...

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LTK Adds Automatic Direct Message Tool to Creator Commerce Platform
LTK Adds Automatic Direct Message Tool to Creator Commerce Platform
June 20, 2024  |  Retail

LTK has enhanced its Creator Commerce platform with a new automatic direct message (DM) tool that makes it easier for creators to share the shopping...

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Millennials Are Most Prepared to Trade Down to Private Label
Millennials Are Most Prepared to Trade Down to Private Label
June 20, 2024  |  Consumer Insights

As merchants step up their own-brand offerings, PYMNTS Intelligence research finds that across grocery and retail, millennials prove the most eager to find more affordable...

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Savings United Launches Standalone Coupon Site
Savings United Launches Standalone Coupon Site
June 20, 2024  |  Retail

Savings United, which has over a decade’s experience in helping media partners bring tailored coupons to their readers, has launched its first standalone coupon site....

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Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
June 20, 2024  |  Earnings

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Rick Cardenas, president and...

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Reserve Bank of Australia Favors Surcharging in BNPL Sector
Reserve Bank of Australia Favors Surcharging in BNPL Sector
June 20, 2024  |  BNPL

The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as...

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Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024  |  Earnings

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key...

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Heads of Product Report Heavy Toll From Payments Uncertainty
Heads of Product Report Heavy Toll From Payments Uncertainty
June 20, 2024  |  Retail

Corporate heads of product drive profitability by setting strategic goals and supporting innovation across an organization’s entire product line. Unlike CFOs and corporate heads of...

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1 in 6 Shoppers Choose Merchants Based on Payment Choice
1 in 6 Shoppers Choose Merchants Based on Payment Choice
June 19, 2024  |  Retail

As consumers demand more flexible options at checkout, many shoppers make decisions about where to buy based on whether they can use their preferred payment...

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