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)

Amazon Warned to Improve UK Grocery Supplier Relations
Amazon Warned to Improve UK Grocery Supplier Relations
July 11, 2024  |  Retail

A British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said Thursday (July 11) that it could open an investigation if the...

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Does Amazon Need Saks Global to Conquer Luxury Retail?
Does Amazon Need Saks Global to Conquer Luxury Retail?
July 11, 2024  |  Amazon

Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves...

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Costco to Raise Membership Fees for First Time in 7 Years
Costco to Raise Membership Fees for First Time in 7 Years
July 10, 2024  |  Retail

Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those...

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Samsung Enters Smart Ring Market, Expanding Wearable Tech Portfolio
Samsung Enters Smart Ring Market, Expanding Wearable Tech Portfolio
July 10, 2024  |  Wearables

Samsung unveiled its artificial intelligence (AI)-powered Galaxy Ring at a product launch event in Paris on Wednesday (July 10), marking the South Korean tech giant’s...

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1 in 4 Consumers Want to Be Entertained While Shopping
1 in 4 Consumers Want to Be Entertained While Shopping
July 10, 2024  |  Retail

With consumers growing accustomed to the constant stimulation of digital multitasking, many shoppers are finding that the act of purchasing is not enough to keep...

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F&B Brands Enter Virtual Worlds to Reach New Consumers
F&B Brands Enter Virtual Worlds to Reach New Consumers
July 10, 2024  |  Retail

As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in...

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Apple Eyes 10% Bump in iPhone Shipments From AI Rollout
Apple Eyes 10% Bump in iPhone Shipments From AI Rollout
July 10, 2024  |  Retail

Apple reportedly expects its new artificial intelligence (AI) services to boost demand for its iPhones. The company expects to ship at least at least 90...

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Samsung Unveils Latest Wearables With AI-Powered Wellness Features
Samsung Unveils Latest Wearables With AI-Powered Wellness Features
July 10, 2024  |  Technology

Samsung unveiled its latest wearables with features powered by artificial intelligence. The new Galaxy Ring, Galaxy Watch7 and Galaxy Watch Ultra became available for pre-order...

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Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
July 10, 2024  |  Retail

With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging...

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