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 Eliminating Roles on Technology and eCommerce Fulfillment Teams

Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
May 21, 2025  |  Walmart

Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed...

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Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025  |  Retail

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete...

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Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
May 21, 2025  |  Amazon

Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods...

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Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
May 21, 2025  |  Earnings

Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for...

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eCommerce Growth Tops Overall Retail Sales Even as Consumers Prioritize Everyday Spend
eCommerce Growth Tops Overall Retail Sales Even as Consumers Prioritize Everyday Spend
May 21, 2025  |  Economy

Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and yet eCommerce sales still...

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Report Shows 70% of US P2P Payments Are Mobile
Report Shows 70% of US P2P Payments Are Mobile
May 21, 2025  |  Digital Payments

While U.S. consumers enthusiastically embrace digital wallets for sending money to friends and family, they notably trail several other developed nations in adopting mobile payments...

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Google to Embed Agentic Checkout, Virtual Try-on in Search
Google to Embed Agentic Checkout, Virtual Try-on in Search
May 20, 2025  |  Artificial Intelligence

Google is adding shopping features in search as it faces competition from artificial intelligence chatbots for eCommerce transactions. Get the Full Story Complete the form...

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Startup New Generation Builds Agent-Friendly Storefronts for Brands
Startup New Generation Builds Agent-Friendly Storefronts for Brands
May 20, 2025  |  artificial intelligence

Artificial intelligence (AI) commerce startup New Generation — or New Gen — said Tuesday (May 20) that it has raised $4.5 million in seed funding...

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Walgreens Ups Use of Robotics With New Micro-Fulfillment Center
Walgreens Ups Use of Robotics With New Micro-Fulfillment Center
May 20, 2025  |  Retail

Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. Get the Full Story Complete the form to unlock this...

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