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

5 Reasons Why ‘Friendly Fraud’ Is Far From Friendly

5 Reasons Why ‘Friendly Fraud’ Is Far From Friendly
5 Reasons Why ‘Friendly Fraud’ Is Far From Friendly
July 12, 2022  |  Today In Data

The term “friendly fraud” sounds like an oxymoron, but in truth, there’s nothing friendly about it. It’s what happens when a consumer purposely makes a...

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Peloton Expands Taiwan Manufacturing Agreement, Steps Away From Own Production
Peloton Expands Taiwan Manufacturing Agreement, Steps Away From Own Production
July 12, 2022  |  Retail

Peloton is ditching its self-owned manufacturing operations as part of a plan to expand its partnership with Taiwanese manufacturer Rexon Industrial and “simplify its supply...

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It’s Just Another Tuesday at Walmart and Its 4,700 Micro-Fulfillment Centers
It’s Just Another Tuesday at Walmart and Its 4,700 Micro-Fulfillment Centers
July 12, 2022  |  Retail

It may say “Amazon Prime Day” on many consumers’ calendars today, but in the world of Walmart, where 90% of Americans still live within 10...

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New Dollar General CEO Jeffery Owen to Start Nov. 1
New Dollar General CEO Jeffery Owen to Start Nov. 1
July 12, 2022  |  Personnel

Dollar General CEO Todd Vasos will retire from the position Nov. 1, with Chief Operating Officer Jeffery Owen replacing him in that role, according to...

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Amazon Dash Cart Lets Grocery Shoppers Skip Checkout
Amazon Dash Cart Lets Grocery Shoppers Skip Checkout
July 12, 2022  |  Amazon Technology

Amazon smart carts have new upgrades that include doubling the carts’ capacity and allowing for parking lot unloading, with expansion coming soon to the Whole...

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Gap CEO Sonia Syngal Steps Down, Horacio Barbeito Named President and CEO of Old Navy
Gap CEO Sonia Syngal Steps Down, Horacio Barbeito Named President and CEO of Old Navy
July 11, 2022  |  Personnel

Fashion retailer Gap Inc. announced Monday (July 11) that President and CEO Sonia Syngal will be stepping down from her position and her seat on...

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Klarna’s 85% Haircut Sees BNPL Investors Shooting First, Asking Questions Later
Klarna’s 85% Haircut Sees BNPL Investors Shooting First, Asking Questions Later
July 11, 2022  |  BNPL

On Wall Street, there are haircuts — and then there are full-blown shearings. Get the Full Story Complete the form to unlock this article and...

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Despite Inflationary Advantage, Walmart’s Grocery Share Slips
Despite Inflationary Advantage, Walmart’s Grocery Share Slips
July 11, 2022  |  Walmart

One might expect that, in light of consumers’ rising inflationary concerns, Walmart’s grocery sales would spike, given the mega-retailer’s ability to price out competitors. The...

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Today in the Connected Economy: Dufry, Autogrill, Merge to Form $13B Travel Retail Empire
Today in the Connected Economy: Dufry, Autogrill, Merge to Form $13B Travel Retail Empire
July 11, 2022  |  Connected Economy

Today in the connected economy, travel-related retailers Autogrill and Durfy join forces to launch a $13 billion airport and rest stop juggernaut. Also, Indian B2B AgriTech...

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