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)

Report: TikTok Targets $17 Billion in US eCommerce Volume
Report: TikTok Targets $17 Billion in US eCommerce Volume
January 04, 2024  |  eCommerce

TikTok reportedly hopes to expand its U.S. eCommerce business to $17.5 billion this year. That ten-fold increase, the subject of a Wednesday (Jan. 3) Bloomberg News...

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Will Consumers Trade Their Data for Better Offers?
Will Consumers Trade Their Data for Better Offers?
January 04, 2024  |  Retail

Personalized deals and offers can be convenient, but they’re hard to come by. Many consumers are wary about the extent of information that brands and...

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AI Helps Retailers Turn Tide in the Battle of Returns
AI Helps Retailers Turn Tide in the Battle of Returns
January 03, 2024  |  Retail

The new year is only three days old. Buyer’s remorse may be setting in for those of us who have hit “buy” again and again,...

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Relex Acquires Optimity to Bolster Retail and Supply Chain Platform
Relex Acquires Optimity to Bolster Retail and Supply Chain Platform
January 03, 2024  |  Acquisitions

Relex Solutions has acquired Optimity to add new capabilities to its retail and supply chain platform. With the acquisition of Optimity’s supply chain planning and...

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Roku to Launch New TVs and AI-Powered Features in Spring
Roku to Launch New TVs and AI-Powered Features in Spring
January 03, 2024  |  Retail

Roku will launch a new series of TVs in the United States in the spring. The new Roku Pro Series will join the company’s existing...

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Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
January 03, 2024  |  Partnerships

Shipping and mailing company Pitney Bowes launched a returns drop-off network with PackageHub. The network allows for no-cost, “no-box and no-label returns” at nearly 1,000...

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Growing BNPL Demand Outpaces Merchant Response 
Growing BNPL Demand Outpaces Merchant Response 
January 03, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) has gone mainstream. So much so that if businesses don’t provide this payment option, they might lose out on sales...

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Why Shopping for Pets Is Getting Even Easier 
Why Shopping for Pets Is Getting Even Easier 
January 03, 2024  |  Retail

Amid the pandemic, it appears that 1 in 5 American households chose to add a new furry friend to their lives.   As the trend of...

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2024 Is the Year Retail Gets Personal
2024 Is the Year Retail Gets Personal
January 03, 2024  |  Retail

Thanks to inflation’s starring role, 2023 featured major retail plot twists — consumers counted their pennies while brands and retailers did some serious soul-searching. This...

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