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

Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon

Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon
Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon
September 01, 2022  |  eCommerce

Lazada Group, the eCommerce company owned by Chinese tech giant Alibaba, is preparing to head to Europe to compete with the likes of Amazon and...

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Discounter Five Below to Add 360 New Stores Amid Slowing Sales
Discounter Five Below to Add 360 New Stores Amid Slowing Sales
September 01, 2022  |  Retail

Discount retailer Five Below said Thursday (Sept.1) that it plans to open a record 200 new stores in 2023 and another 160 this year as...

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Disney Takes Inspiration from Amazon Prime With New Membership Program Design
Disney Takes Inspiration from Amazon Prime With New Membership Program Design
September 01, 2022  |  Subscriptions

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Signet Looks for More Investments Following Blue Nile Purchase
Signet Looks for More Investments Following Blue Nile Purchase
September 01, 2022  |  Retail

Signet Jewelers reported a slight drop in quarterly sales Thursday (Sept. 1) but said it is positioned to keep making investments like its recent purchase...

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PYMNTS Intelligence: Leveraging BNPL to Beat the Cost-of-Living Crisis
PYMNTS Intelligence: Leveraging BNPL to Beat the Cost-of-Living Crisis
September 01, 2022  |  BNPL

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Consumers Increasingly Expect Prepared Meals at the Grocery Store
Consumers Increasingly Expect Prepared Meals at the Grocery Store
August 31, 2022  |  Retail

As inflation weighs heavily on consumers’ minds, many are seeking more affordable alternatives to restaurant meals, such as prepared meals they can buy at the...

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Sam’s Club Hikes Membership Fees for 1st Time in 9 Years
Sam’s Club Hikes Membership Fees for 1st Time in 9 Years
August 31, 2022  |  Subscription Commerce

Walmart-owned wholesale retailer Sam’s Club is raising its yearly membership price for the first time in nearly a decade. Get the Full Story Complete the...

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Circle K Parent Couche-Tard Offsets Loyalty Challenges With Subscription Strength
Circle K Parent Couche-Tard Offsets Loyalty Challenges With Subscription Strength
August 31, 2022  |  Subscriptions

Convenience store giant Couche-Tard, parent company of its eponymous brand, Circle K and Ingo, is falling behind when it comes to boosting customer loyalty with...

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Smart Texts Can Turn Abandoned Carts Into Conversions
Smart Texts Can Turn Abandoned Carts Into Conversions
August 31, 2022  |  artificial intelligence

Cart abandonment often occurs when consumers become frustrated while searching for certain items and price points. It’s costing billions in lost sales, but there are...

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