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)

Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
January 10, 2024  |  Subscriptions

Barsys and ReserveBar are launching a personalized cocktail subscription service, as more alcoholic beverage memberships emerge as part of the industry’s slow digital transformation. Barsys,...

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Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
January 10, 2024  |  Unattended Retail

The unattended market, accounting for over $31 billion in the United States alone, is transforming the convenience commerce landscape and revolutionizing payment experiences in various...

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Firework Unveils AI-Powered Virtual Shopping Assistant
Firework Unveils AI-Powered Virtual Shopping Assistant
January 10, 2024  |  Artificial Intelligence

Firework, a video commerce and engagement platform, has unveiled an artificial intelligence (AI)-powered virtual shopping assistant for eCommerce merchants. Dubbed AVA (AI Virtual Assistant), the...

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Walgreens CEO Says Physical Stores Promote New Healthcare Services
Walgreens CEO Says Physical Stores Promote New Healthcare Services
January 10, 2024  |  Healthcare

Drugstore chain Walgreens is making strides in expanding its healthcare business, according to Walgreens Boots Alliance CEO Tim Wentworth. Wentworth highlighted the company’s efforts to...

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Amazon Integrates Buy With Prime With Salesforce Commerce Cloud
Amazon Integrates Buy With Prime With Salesforce Commerce Cloud
January 10, 2024  |  eCommerce

Amazon says it is integrating its Buy With Prime tool with the Salesforce Commerce Cloud. The solution, announced in a news release Wednesday (Jan. 10), lets Salesforce merchants...

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Retail Federation Says Consumers Kept Spending in December
Retail Federation Says Consumers Kept Spending in December
January 10, 2024  |  Retail

American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Retail sales — excluding automobiles and gasoline — rose 0.44% seasonally adjusted month over...

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H&M Embraces Localization Strategy Through Small Concept Stores
H&M Embraces Localization Strategy Through Small Concept Stores
January 10, 2024  |  Retail

As H&M focuses on a new consumer group, the fast-fashion retailer is set to open a store on King’s Road in Chelsea, London, in spring,...

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Half of Loyal Customers Have Multiple Subscriptions, Data Shows
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
January 10, 2024  |  Subscriptions

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable...

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True Religion Takes Fashion to the Catwalk — Literally
True Religion Takes Fashion to the Catwalk — Literally
January 10, 2024  |  Retail

Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy...

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