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)

Walmart’s Health Sales Rise, but Amazon Closes In
Walmart’s Health Sales Rise, but Amazon Closes In
February 23, 2024  |  Retail

As Walmart and Amazon compete for consumers’ health and personal care spending, Walmart is seeing growth — but maybe not enough to hold its lead...

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Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
February 23, 2024  |  Digital Payments

False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning.  According to findings...

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Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
February 22, 2024  |  Retail

Technological solutions are driving cost reductions and higher customer satisfaction at Carvana. The used car retailer has seen results from its latest innovations and is continuing...

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Mercado Libre Leverages AI to Boost Sales by Improving User Experience
Mercado Libre Leverages AI to Boost Sales by Improving User Experience
February 22, 2024  |  Earnings

As consumers seek out simple, intuitive online shopping experiences, Mercado Libre is seeing its artificial intelligence (AI) efforts to improve the user journey pay off.  The...

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Crisp Raises $50 Million to Grow CPG Data-Sharing Efforts
Crisp Raises $50 Million to Grow CPG Data-Sharing Efforts
February 22, 2024  |  Investments

Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts....

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Nivoda Wants to Be the ‘Amazon’ of the Global Jewelry Market
Nivoda Wants to Be the ‘Amazon’ of the Global Jewelry Market
February 22, 2024  |  B2B Payments

In a market as highly fragmented as the global jewelry industry, sourcing precious stones can be an extremely difficult undertaking for retail buyers. Jewelers typically...

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1 in 4 Gen Z Shoppers Use Card-Linked Offers for Specific Products
1 in 4 Gen Z Shoppers Use Card-Linked Offers for Specific Products
February 22, 2024  |  Consumer Insights

Brands looking to drive adoption with card-linked offers have found their best customers in the younger generations. By the Numbers The PYMNTS Intelligence report “Leveraging...

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Wayfair Mulls Rewards Program as eCommerce Marketplaces Rethink Loyalty
Wayfair Mulls Rewards Program as eCommerce Marketplaces Rethink Loyalty
February 22, 2024  |  Loyalty & Rewards

As eCommerce marketplaces look to gain back share from industry giants, Wayfair joins those looking to in-house rewards programs to make its offerings more relevant...

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Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
February 22, 2024  |  Personal Finance

According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%.  Conventional wisdom suggests a post-holiday season decline in sales would...

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