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

Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores

Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
July 21, 2022  |  eCommerce

Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K....

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Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
July 21, 2022  |  Retail

Pointing to a combination of price increases, growing consumer demand for “needs-based consumable merchandise,” and its strongest-ever eCommerce sales, rural lifestyle retailer Tractor Supply said...

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AutoNation Feels Crunch of Rising Inflation Rates With Sales, Revenue Shifts
AutoNation Feels Crunch of Rising Inflation Rates With Sales, Revenue Shifts
July 21, 2022  |  Retail

Vehicle retailer AutoNation is feeling the pinch from inflation and bracing for next week’s Federal Reserve decision to boost interest rates as much as a...

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Mattel, SpaceX Look to Rekindle Astronaut Era With New Line of Toys
Mattel, SpaceX Look to Rekindle Astronaut Era With New Line of Toys
July 21, 2022  |  Retail

Mattel has inked a multi-year deal with spacecraft engineering company SpaceX that will see the iconic toymaker launch products “that inspire children and collectors alike...

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South Korea Is an eCommerce Eden for Those Fluent in Local Payments
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022  |  eCommerce

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization....

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Macy’s Adding Small-Format Market By Macy’s, Backstage Locations in Fall
Macy’s Adding Small-Format Market By Macy’s, Backstage Locations in Fall
July 20, 2022  |  Retail

Macy’s on Wednesday (July 20) announced it’s opening four small-format stores outside its traditional mall locations, including Market by Macy’s — which features curated fashion...

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Today in the Connected Economy: Google Tests Augmented Reality in the Real World
Today in the Connected Economy: Google Tests Augmented Reality in the Real World
July 20, 2022  |  Connected Economy

Today in the connected economy, Google says it is getting ready to test a new augmented reality device later this summer. Also, Netflix tries to...

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FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
July 20, 2022  |  eCommerce

The online grocery space has matured rapidly since March 2020, with an influx of new customers both driving sales for incumbents in the space and...

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From Chicken Nuggets to Metaverse, Fast Food Chains Court Gen Z Customers
From Chicken Nuggets to Metaverse, Fast Food Chains Court Gen Z Customers
July 20, 2022  |  Restaurant innovation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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