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)

Self-Service Confronts Big Issues to Meet Consumer Demand
Self-Service Confronts Big Issues to Meet Consumer Demand
April 12, 2024  |  Retail

Across restaurants, grocers and nongrocery retailers, self-service is gaining ground, and merchants are making smarter choices about how they apply it. Take the restaurant industry,...

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35% of US Consumers Would Welcome ‘Super App’ to Manage Finances
35% of US Consumers Would Welcome ‘Super App’ to Manage Finances
April 12, 2024  |  Mobile Applications

According to PYMNTS Intelligence, 95 million consumers would welcome a single mobile app to help manage their banking and shopping activities. This is one key...

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Walmart Aims to Regain Healthcare Lead Over Amazon
Walmart Aims to Regain Healthcare Lead Over Amazon
April 12, 2024  |  Healthcare

With Amazon having just recently pulled ahead of Walmart in health and wellness, the latter is looking to regain its lead by expanding its presence in the space. The...

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Brand Sites Suffer as Consumers Browse but Do Not Buy
Brand Sites Suffer as Consumers Browse but Do Not Buy
April 12, 2024  |  eCommerce

Consumers make many choices when shopping, and perhaps no decision is more important than whether to complete a purchase. But in the world of eCommerce,...

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CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
April 11, 2024  |  Retail

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was...

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Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024  |  Retail

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...

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Amazon CEO Shareholder Letter Goes Big on AI and AWS
Amazon CEO Shareholder Letter Goes Big on AI and AWS
April 11, 2024  |  Amazon

Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by...

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Half of Amazon Spring Sale Shoppers Bought Health and Beauty Products
Half of Amazon Spring Sale Shoppers Bought Health and Beauty Products
April 11, 2024  |  eCommerce

To further increase its already substantial share of the retail market, last month Amazon announced its first Big Spring Sale. The sale ran from March 20 to March...

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Rent the Runway Drives Loyalty Boost With AI Search Upgrades
Rent the Runway Drives Loyalty Boost With AI Search Upgrades
April 10, 2024  |  eCommerce

As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention. The company shared in a presentation...

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