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)

Freshpet Wants Scout to Be Pet Parents’ AI Copilot
Freshpet Wants Scout to Be Pet Parents’ AI Copilot
October 16, 2023  |  Retail

Sometimes when you need to resolve a concern or issue, you would do almost anything to not have to talk to a human. On other...

READ MORE >
50% of Loyal Subscribers Are Young Consumers With Multiple Subscriptions
50% of Loyal Subscribers Are Young Consumers With Multiple Subscriptions
October 16, 2023  |  Subscriptions

The retail subscription industry has experienced significant growth in recent years, with providers offering a wide range of subscription models to cater to evolving consumer...

READ MORE >
Discounts for Cash Purchases Jump 66% Since 2015
Discounts for Cash Purchases Jump 66% Since 2015
October 15, 2023  |  Cash

Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now...

READ MORE >
Goodwill Focuses on eCommerce as Resale Competition Grows
Goodwill Focuses on eCommerce as Resale Competition Grows
October 15, 2023  |  eCommerce

Goodwill is increasing its eCommerce focus amid competition from brands like Poshmark and ThredUp. “There’s so much competition coming into the market now,” Matt Kaness, chief executive of GoodwillFinds eCommerce,...

READ MORE >
D2C Brands Increasingly Take Over NYC Retail With Brick-and-Mortar Shops
D2C Brands Increasingly Take Over NYC Retail With Brick-and-Mortar Shops
October 13, 2023  |  Retail

As direct-to-consumer (D2C) companies look to drive more long-lasting relationships, many are finding that if they want to deepen customers’ connection to their brands, they...

READ MORE >
Wine Subscribers Seek Out the Personal Touch
Wine Subscribers Seek Out the Personal Touch
October 13, 2023  |  Subscriptions

As wine subscriptions and other alcoholic beverage services look to secure consumers’ loyalty, products personalization is key, PYMNTS Intelligence reveals. By the Numbers For the...

READ MORE >
Hy-Vee Automates Facilities as Grocers Rethink Direct Fulfillment
Hy-Vee Automates Facilities as Grocers Rethink Direct Fulfillment
October 13, 2023  |  Retail

With some grocers scaling up their in-house fulfillment infrastructure and others pulling back, Hy-Vee is tapping automated warehouses to meet digital demand. Grocery fulfillment solutions...

READ MORE >
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
October 13, 2023  |  Retail

Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Online retailer Pinduoduo, budget household-goods...

READ MORE >
Walgreens Looks Aisle to Aisle to Cut Costs
Walgreens Looks Aisle to Aisle to Cut Costs
October 13, 2023  |  Retail

Following the challenges posed by the COVID-19 pandemic’s transition, a leadership reorganization, a shaky foray into health care, and recent labor issues with pharmacy staff,...

READ MORE >