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)

Consumers Blurring Lines Between In-Store and Online Grocery Shopping
Consumers Blurring Lines Between In-Store and Online Grocery Shopping
October 27, 2023  |  Retail

Consumers are buying their groceries both online and in-store, a phenomenon known as hybrid purchasing, and this reality is set to upend retailers’ strategies. According...

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Hasbro Revamps Games for Cost Efficiency, Including Jenga 
Hasbro Revamps Games for Cost Efficiency, Including Jenga 
October 26, 2023  |  Retail

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending...

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Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
October 26, 2023  |  Amazon

Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials...

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Camping World and Instacart Partner on Delivery of Outdoor Gear
Camping World and Instacart Partner on Delivery of Outdoor Gear
October 26, 2023  |  Retail

Camping World has become the first dedicated camping and recreational vehicle (RV) supplies retailer to partner with Instacart for same-day delivery. This collaboration allows Camping World customers to...

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1 in 3 Shoppers Interested in Frictionless In-Store Checkout
1 in 3 Shoppers Interested in Frictionless In-Store Checkout
October 26, 2023  |  Retail

While “Just Walk Out”-style checkout remains quite new to most consumers, and may not be for everyone, PYMNTS Intelligence reveals that a significant portion of...

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RevolutionParts Taps Walmart GoLocal for Same-Day Car Part Delivery
RevolutionParts Taps Walmart GoLocal for Same-Day Car Part Delivery
October 26, 2023  |  eCommerce

Automotive parts eCommerce platform RevolutionParts is working with Walmart GoLocal to expand same-day delivery. The collaboration, announced Thursday (Oct. 26), is part of what RevolutionParts calls its growing suite of delivery...

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Agora Launches Livestream Shopping Technology
Agora Launches Livestream Shopping Technology
October 26, 2023  |  Retail

Agora, a platform for real-time engagement application programming interfaces (APIs), has announced the wide availability of its technology to power livestream shopping experiences. The company’s...

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Klarna Union Employees Could Go on Strike Next Month
Klarna Union Employees Could Go on Strike Next Month
October 26, 2023  |  BNPL

Swedish payments firm Klarna is facing a possible strike by employees in its home country. The Unionen and Swedish Engineering unions announced Thursday (Oct. 26) that the strike will...

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Summer Spending Surge Fuels 4.9% Jump in GDP
Summer Spending Surge Fuels 4.9% Jump in GDP
October 26, 2023  |  Economy

Strong consumer spending this summer helped drive economic growth in the U.S. Figures released Thursday (Oct. 26) by the U.S. Commerce Department showed gross domestic product (GDP) increasing at...

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