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)

Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
December 30, 2023  |  Retail

A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like...

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Report: Shein or Temu Could Benefit From Merger With Wayfair
Report: Shein or Temu Could Benefit From Merger With Wayfair
December 29, 2023  |  Retail

Shein or Temu reportedly could be potential merger partners for Wayfair. Either of the two Chinese-founded eCommerce companies could be a good fit for a...

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Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
December 29, 2023  |  Retail

As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December....

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Consumers Pull Back on Spending; Companies Cut Costs
Consumers Pull Back on Spending; Companies Cut Costs
December 29, 2023  |  Economy

Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent...

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Main Street Merchants Find Their 2024 Footing Online
Main Street Merchants Find Their 2024 Footing Online
December 29, 2023  |  Omnicommerce

2023 hasn’t been an easy environment for small and midsized businesses (SMBs). Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors...

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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
December 29, 2023  |  Retail

At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the...

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More Than Half of Consumers Say Personalized Offers Miss the Mark
More Than Half of Consumers Say Personalized Offers Miss the Mark
December 29, 2023  |  Retail

Personalized offers can be a game changer for merchants. Still, attempts that miss the mark have the potential to annoy and alienate potential customers. Despite...

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Convenience Drives Retail Subscription Adoption in Q4
Convenience Drives Retail Subscription Adoption in Q4
December 28, 2023  |  Subscriptions

With convenience emerging as the primary motivation for retail subscription adoption, retailers are challenged to adapt their strategies to meet customer expectations and capitalize on...

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