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)

Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
November 16, 2023  |  eCommerce

Walmart has made the consumer spending slowdown official. As fiscal year third-quarter earnings results debuted Thursday morning (Nov. 16) showed a cautious outlook on consumers’...

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Platform Economics: How Instacart Leverages Time Into Profits
Platform Economics: How Instacart Leverages Time Into Profits
November 16, 2023  |  David S. Evans

Time is our most precious asset. Each day, we get just so much. Twenty-four hours, 1440 minutes, 86,400 seconds. If we don’t use it, we...

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TJX Declares Itself the Holiday Haven for Value Shoppers 
TJX Declares Itself the Holiday Haven for Value Shoppers 
November 15, 2023  |  Retail

As retailers grapple with the impact of consumers tightening their purse strings, TJX is striking a different chord, as shoppers seek value and the most...

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Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
November 15, 2023  |  Retail

Seven months of spending at the register… and now comes an interruption. October’s retail sales decline may prove to be a mere blip.   Or maybe...

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Amazon Introduces AI-Powered Security Solution for Small Businesses
Amazon Introduces AI-Powered Security Solution for Small Businesses
November 15, 2023  |  Amazon

Amazon has introduced a security solution designed to cater to the needs of small and medium-sized businesses (SMBs). The new Astro for Business combines robotics,...

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Walmart Earnings Preview: Groceries, Digital and Omnichannel Take Center Stage 
Walmart Earnings Preview: Groceries, Digital and Omnichannel Take Center Stage 
November 15, 2023  |  Walmart

Walmart earnings, slated for Thursday morning (Nov. 16) before the market opens, will likely offer the latest variations on several themes: Consumers seeking value, especially...

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Ocado Joins Online Grocery Companies Expanding Beyond F&B
Ocado Joins Online Grocery Companies Expanding Beyond F&B
November 15, 2023  |  eCommerce

Ocado Group is applying its technology outside the online grocery space for the first time, making it the latest eGrocery company to expand beyond the...

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Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
November 15, 2023  |  Payment Methods

Consumers are happiest when they don’t have to think about how a payment is made, just that it gets done. And they are willing to...

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Bank of America Debuts Digital Car Buying/Financing Tools
Bank of America Debuts Digital Car Buying/Financing Tools
November 15, 2023  |  eCommerce

Bank of America has debuted tools to help customers complete and finance online car purchases. Clients can now become prequalified for auto financing to find out...

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