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

Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales

Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
August 17, 2022  |  Retail

Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales...

READ MORE >
TJX Surprised by Weakness in Demand as Inflation Crimps Spending
TJX Surprised by Weakness in Demand as Inflation Crimps Spending
August 17, 2022  |  Retail

Off-price apparel retailer TJX said Wednesday (Aug. 17) that demand for home-related items was weaker than expected as inflation dampened consumer spending, leading to a...

READ MORE >
Retail Sales Flat in July as Pump Prices Dip Further
Retail Sales Flat in July as Pump Prices Dip Further
August 17, 2022  |  Economy

Tumbling gas prices at the pump were not enough to boost retail sales in July, which remained unchanged from June’s level of 0.8%, revised downward...

READ MORE >
Are Apparel Resellers ‘Uniquely Positioned’ or Fighting an Uphill Battle?
Are Apparel Resellers ‘Uniquely Positioned’ or Fighting an Uphill Battle?
August 16, 2022  |  eCommerce

With inflation and economic uncertainty currently causing an instinctive recoil by many consumers when it comes to splurging on non-essentials, a week’s worth of insight...

READ MORE >
Amazon Joins FedEx, USPS in Adding Holiday Fees for Sellers
Amazon Joins FedEx, USPS in Adding Holiday Fees for Sellers
August 16, 2022  |  eCommerce

Saying it needs to offset rising labor and logistics costs, Amazon is for the first time imposing an added fee on some sellers during this...

READ MORE >
Walmart’s Grocery Gains Could Be Mixed Blessing as Shoppers Trade Down
Walmart’s Grocery Gains Could Be Mixed Blessing as Shoppers Trade Down
August 16, 2022  |  Retail

Amid ongoing inflation, many consumers are growing more conservative in their spending, cutting back on luxuries and sticking more to the basics. Walmart, the world’s...

READ MORE >
Third-Party Marketplaces to Determine Winner in Amazon vs Walmart Platform Battle
Third-Party Marketplaces to Determine Winner in Amazon vs Walmart Platform Battle
August 16, 2022  |  eCommerce

In what will likely be a never-ending duel between Amazon and Walmart, as their online platforms expand, it is the seller-focused marketplaces — integrating everything...

READ MORE >
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
August 16, 2022  |  Cross-border Payments

The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete...

READ MORE >
Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
August 16, 2022  |  Retail

By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has...

READ MORE >