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

Consumer Adoption of Food Service Robotics Varies Based on Local Tech Norms

Consumer Adoption of Food Service Robotics Varies Based on Local Tech Norms
Consumer Adoption of Food Service Robotics Varies Based on Local Tech Norms
May 10, 2022  |  Commerce

As labor challenges have an increasing number of food service operators turning towards automated solutions, businesses in different countries are facing very different landscapes when...

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Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
May 10, 2022  |  Retail

Today in retail, Peloton is facing the daunting prospect of a turnaround along with a transition to an app-based model, while inflation has consumers rethinking...

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Peloton’s ‘Exhausting’ Turnaround Faces Uphill Shift From Bikes and Treadmills to App
Peloton’s ‘Exhausting’ Turnaround Faces Uphill Shift From Bikes and Treadmills to App
May 10, 2022  |  Retail

Shares of Peloton slumped to a new low Tuesday morning (May 10) after the embattled connected fitness company posted a $750 million loss and said...

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Auto eTailer Vroom Names New CEO As eCommerce Sales Spike
Auto eTailer Vroom Names New CEO As eCommerce Sales Spike
May 10, 2022  |  Earnings

Online used car buying and selling platform Vroom has named Thomas Shortt as its new CEO as part of a business realignment plan that’s focused...

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Designer Brands Unveils Immersive ‘Warehouse Reimagined’ Concept
Designer Brands Unveils Immersive ‘Warehouse Reimagined’ Concept
May 10, 2022  |  Retail

Designer Brands Inc., the parent company of shoe retailer DSW Designer Shoe Warehouse, joined the immersive, experience-based retail trend with the debut of its Warehouse...

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Simon Property CEO: Don’t Believe Rumors, Buying Own Stock Better Opp Than Bid for Kohl’s
Simon Property CEO: Don’t Believe Rumors, Buying Own Stock Better Opp Than Bid for Kohl’s
May 10, 2022  |  Retail

Billionaire shopping mall magnate David Simon said Monday a 30% six-month drop in shares of Simon Property Group presents a more compelling investment opportunity than...

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Inflation Prompts 10x Increase in Consumers Reevaluating Subscription Value
Inflation Prompts 10x Increase in Consumers Reevaluating Subscription Value
May 10, 2022  |  Subscription Commerce

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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Tech Giants Make Moves to Capture Rising eGrocery Sales
Tech Giants Make Moves to Capture Rising eGrocery Sales
May 09, 2022  |  Delivery

Online grocery is no longer just the purview of brick-and-mortar incumbents and emerging eCommerce startups. Major technology companies are also making moves into the space....

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Blue Apron CEO Notes Shift From Playing Catch-up to Building Toward the Future
Blue Apron CEO Notes Shift From Playing Catch-up to Building Toward the Future
May 09, 2022  |  Subscriptions

2021 proved a difficult year for meal kit subscription companies, with consumers’ return to lives away from home counteracting the boost they saw during quarantine....

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