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

Wayfair Clips 5% of Global Workforce After Growth Sputters

Wayfair Clips 5% of Global Workforce After Growth Sputters
Wayfair Clips 5% of Global Workforce After Growth Sputters
August 19, 2022  |  eCommerce

A pandemic surge in growth that unexpectedly sputtered post-COVID prompted online home goods retailer Wayfair to lay off 5% of its global staff, affecting 870...

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Footlocker’s CEO Pick Reflects Retail’s Shift to D2C
Footlocker’s CEO Pick Reflects Retail’s Shift to D2C
August 19, 2022  |  Retail

When your consumers skew digital and your major vendors go direct to consumer (D2C), the store and mall formats that have worked in the past...

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Amazon vs Walmart Weekly: Bring on the Season of Deals
Amazon vs Walmart Weekly: Bring on the Season of Deals
August 19, 2022  |  Retail

When Walmart CEO Doug McMillon told investors “we’re building a different business” this week, the part he left off was that the business is going...

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Kroger Adds Belted Self-Checkout as Grocers Put Shoppers in Control
Kroger Adds Belted Self-Checkout as Grocers Put Shoppers in Control
August 19, 2022  |  Retail

Kroger, the United States’ leading pure-play grocer, is trying out a new self-service option at 20 stores in the Cincinnati, Ohio, area. Get the Full...

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IBM’s Weather Channel Tests Subscription Bundles
IBM’s Weather Channel Tests Subscription Bundles
August 19, 2022  |  Retail

The Weather Channel is hopping onto the subscription bundle bandwagon with an offering that lets users check the weather, follow the news or get deals on...

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Can Big Tech and Big Box Make Social Commerce Seamless?
Can Big Tech and Big Box Make Social Commerce Seamless?
August 19, 2022  |  Retail

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Foot Locker Eyes D2C Gains With Ulta Beauty CEO Pick
Foot Locker Eyes D2C Gains With Ulta Beauty CEO Pick
August 19, 2022  |  Retail

In a bid to raise it omnichannel retailing game, Foot Locker has named former Ulta Beauty CEO Mary N. Dillon as its new chief executive....

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Study Finds Hidden Surcharges Sour Consumers’ Impressions of Merchants
Study Finds Hidden Surcharges Sour Consumers’ Impressions of Merchants
August 19, 2022  |  Credit Cards

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Grocery Roundup: Instacart Launches Cross-Retailer Ordering
Grocery Roundup: Instacart Launches Cross-Retailer Ordering
August 18, 2022  |  Shopping

As Instacart gears up to go public, the online grocery marketplace is looking to drive usage by making consumers’ commerce journeys increasingly frictionless. On Friday...

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