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

Roblox Incents Gamers to Skip the App Store
Roblox Incents Gamers to Skip the App Store
November 27, 2024  |  Retail

Roblox has begun offering users a new, and apparently permanent deal on its in-game currency. Users who purchase Robux on the web and through gift cards...

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Shopify Promotes Commerce Platform to Enterprise Customers
Shopify Promotes Commerce Platform to Enterprise Customers
November 27, 2024  |  eCommerce

Shopify reportedly is targeting enterprises as it works to maintain the growth of its commerce platform. Long focused on helping small businesses set up their...

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IKEA’s Lead Franchisee’s Profits Fall as It Prioritizes Affordability
IKEA’s Lead Franchisee’s Profits Fall as It Prioritizes Affordability
November 27, 2024  |  Retail

IKEA’s biggest retailer has seen profits plunge after cutting costs to attract wary customers. Ingka Group, which runs stores that account for 90% of the furniture...

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Temu and Shein’s Black Friday Marketing Heft Pressures Other Retailers
Temu and Shein’s Black Friday Marketing Heft Pressures Other Retailers
November 27, 2024  |  Retail

The marketing might of two online retailers might mean a bleak Black Friday for rivals. As Reuters reported Wednesday (Nov. 27), digital marketing spending by eCommerce firms Shein and Temu...

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Luxury Brands Shed 50 Million Customers as Prices Climb
Luxury Brands Shed 50 Million Customers as Prices Climb
November 27, 2024  |  Retail

Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. A report Wednesday (Nov. 27) by The Wall Street Journal —...

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How True Religion’s Data-Driven Approach Powers Customer Loyalty and Holiday Campaign Success
How True Religion’s Data-Driven Approach Powers Customer Loyalty and Holiday Campaign Success
November 27, 2024  |  Retail

As True Religion works to re-establish itself in the retail landscape, the brand is placing an emphasis on data-driven marketing strategies to drive both customer...

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Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
November 26, 2024  |  Retail

While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom. “In the...

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Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
November 26, 2024  |  Retail

Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. The electronics retailer released earnings Tuesday (Nov. 26) showing a 2.9%...

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Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
November 26, 2024  |  Retail

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX...

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