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)

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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Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
January 09, 2024  |  Retail

Over the past year, the focus in retail has been delivering the value that customers seek. While many assume this means offering the lowest prices,...

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Walmart Aims to Become ‘Customer’s Concierge’ With Latest Retail Technologies
Walmart Aims to Become ‘Customer’s Concierge’ With Latest Retail Technologies
January 09, 2024  |  Retail

The future of commerce will be “customer-centric, interconnected, frictionless and consistently exceeds expectations.” So said Walmart in a Tuesday (Jan. 9) press release describing some of its latest retail...

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Microsoft’s Azure OpenAI Service Boosts Walmart’s AI-Powered Tools
Microsoft’s Azure OpenAI Service Boosts Walmart’s AI-Powered Tools
January 09, 2024  |  artificial intelligence

Microsoft’s Azure OpenAI Service contributes to many of the new generative artificial intelligence (AI)-powered tools that Walmart has rolled out for its shoppers and associates. As the retailer builds...

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Alibaba.com to Add Instant Help Feature to AI-Powered Smart Assistant
Alibaba.com to Add Instant Help Feature to AI-Powered Smart Assistant
January 09, 2024  |  artificial intelligence

Alibaba.com will soon add an Instant Help feature to its artificial intelligence (AI) global sourcing tool called Smart Assistant. The new Instant Help feature will...

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Rent the Runway Cuts 10% of Corporate Staff 
Rent the Runway Cuts 10% of Corporate Staff 
January 09, 2024  |  Retail

With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it...

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Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
January 09, 2024  |  Retail

As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any...

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Digital Growth Compounds Grocers’ Margin Pressures
Digital Growth Compounds Grocers’ Margin Pressures
January 09, 2024  |  Retail

Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. Grocery giant Albertsons Companies, Inc., which has...

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