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)

Amex, Amazon Tie-Up Helps Point the Way Toward Rewards ‘Ubiquity’ 
Amex, Amazon Tie-Up Helps Point the Way Toward Rewards ‘Ubiquity’ 
November 21, 2023  |  Loyalty & Rewards

Ubiquity is what we all want in a rewards program. Ubiquity allows consumers to redeem rewards for the value — the goods and services —...

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Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
November 21, 2023  |  Earnings

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov....

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....

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Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
November 21, 2023  |  Retail

The addition of artificial intelligence (AI) is proving to be a holiday miracle for brands, retailers and even payment providers, reshaping the way they connect...

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How True Religion Is Stitching Together Its Comeback 
How True Religion Is Stitching Together Its Comeback 
November 21, 2023  |  Retail

During the early 2000s, True Religion earned praise for its distinctive designs, top-notch craftsmanship, and inventive denim strategies. However, its ascent was matched by a...

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Kohl’s President and COO Leaves Retailer After 7 Months
Kohl’s President and COO Leaves Retailer After 7 Months
November 20, 2023  |  Retail

Kohl’s President and Chief Operating Officer Dave Alves has left the company, after about seven months in those roles. “On November 17, 2023, Kohl’s Corporation (the “Company”) announced...

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American Express Allows Spending of Reward Dollars on Amazon
American Express Allows Spending of Reward Dollars on Amazon
November 20, 2023  |  Loyalty & Rewards

American Express cash-back cardholders can now spend their Reward Dollars on Amazon. With eligible cards, they can do so while getting the same value for...

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3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
November 20, 2023  |  Security & Fraud

False declines are a significant yet often overlooked issue that impacts both businesses and consumers. Picture this: You attempt to make a purchase, only to...

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Jewelry Brand Pandora Adopts o9 Solutions’ AI-Powered Planning Platform
Jewelry Brand Pandora Adopts o9 Solutions’ AI-Powered Planning Platform
November 20, 2023  |  Retail

Jewelry brand Pandora has partnered with o9 Solutions, a provider of enterprise artificial intelligence (AI) software platforms, to enhance its integrated planning capabilities. With a...

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