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

Amazon Dash Cart Lets Grocery Shoppers Skip Checkout

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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Millennial Minute: Inflation Hasn’t Dampened Younger Customers’ Appetite for Subscriptions
Millennial Minute: Inflation Hasn’t Dampened Younger Customers’ Appetite for Subscriptions
July 11, 2022  |  Subscriptions

Subscriptions are getting a going-over by consumers at a time of high inflation, but cost isn’t always the main consideration for keeping or cancelling, especially...

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The Data Point: Subscribers Stocked up on Food, Staples Over Walmart+ Weekend
The Data Point: Subscribers Stocked up on Food, Staples Over Walmart+ Weekend
July 11, 2022  |  Retail

Economic upheavals continue, drawing focus to the big annual discounting events of retail archrivals Amazon and Walmart. Among members of their respective membership programs, PYMNTS...

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Costco CEO: Membership Fee, Hot Dog Prices Won’t Change
Costco CEO: Membership Fee, Hot Dog Prices Won’t Change
July 11, 2022  |  Retail

Costco CEO Craig Jelinek said Monday (July 11) that it’s “not the right time” for the bulk-discount retailer to consider price increases in membership fees...

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Pertinent Data Can Drive Improved Card-Linked Offers
Pertinent Data Can Drive Improved Card-Linked Offers
July 11, 2022  |  Data

Receipt- and SKU-level data can help make card-linked offers more relevant to consumers, but increased merchant participation is needed, Jehan Luth, CEO at data platform...

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