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

Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
February 21, 2024  |  eCommerce

Consumers’ hesitancy to buy themselves nice things amid ongoing economic challenges is taking a hit on Etsy. Now, the eCommerce marketplace is turning its focus...

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eCommerce Giants Make Headway Crafting Services Across Merchant Marketplaces
eCommerce Giants Make Headway Crafting Services Across Merchant Marketplaces
February 21, 2024  |  eCommerce

For eCommerce giants — Walmart, Amazon and Shopify are among the most visible examples — the continued surge in online shopping has given momentum to...

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US Smartphone Sales Dip 10% as Consumers Delay Upgrades
US Smartphone Sales Dip 10% as Consumers Delay Upgrades
February 21, 2024  |  Retail

According to data from Counterpoint Research, U.S. consumer demand for smartphones fell 10% in January. Budget-constrained consumers are waiting longer to upgrade their mobile devices, and...

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Amazon Plans Launch of Indian eCommerce Platform Bazaar
Amazon Plans Launch of Indian eCommerce Platform Bazaar
February 21, 2024  |  Amazon

Amazon is working on a new eCommerce site to reach Indian shoppers, dubbing it a “special store.” The eCommerce giant said it would not levy...

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Cart.com Launches Order Management Software for Merchants
Cart.com Launches Order Management Software for Merchants
February 21, 2024  |  eCommerce

Cart.com now offers its order management software solution as a standalone product. The Constellation Order Management System (OMS) allows merchants to unify orders and inventory across multiple channels,...

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Ordergroove Launches Subscription Bundle Suite to Offer Flexibility
Ordergroove Launches Subscription Bundle Suite to Offer Flexibility
February 21, 2024  |  Subscriptions

Subscription solutions company Ordergroove is introducing the Ordergroove Bundles Suite, which allows merchants to be more flexible in catering to diverse subscriber preferences. Through a...

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Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant Occasions
Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant Occasions
February 21, 2024  |  Retail

Wonder is opening a store-in-store within a Walmart, a move that comes as grocery retailers increasingly seek out opportunities to capture more of consumers’ mealtime...

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Walmart’s Vizio Acquisition Could Bring Revenue, Subscribers if It Tracks Data
Walmart’s Vizio Acquisition Could Bring Revenue, Subscribers if It Tracks Data
February 21, 2024  |  Subscriptions

This week Walmart announced it is buying TV manufacturer Vizio for $2.3 billion. Walmart (and its affiliate, Sam’s Club) have been selling the Vizio brand...

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Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
February 21, 2024  |  Cross-border Payments

Many U.S. eCommerce merchants prioritize international markets, but see higher failed payment rates in cross-border transactions than in domestic ones. These payment failures significantly impact...

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