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)

Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
July 19, 2024  |  Retail

As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than...

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Prime Day Sales Climb 11% as Shoppers Spend $14 Billion, Setting Record
Prime Day Sales Climb 11% as Shoppers Spend $14 Billion, Setting Record
July 18, 2024  |  Amazon

American shoppers reportedly spent $14.2 billion during Amazon’s Prime Day event, setting a record for the number of items purchased. That’s an 11% increase over...

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Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
July 18, 2024  |  Retail

As Vera Bradley transforms to meet consumers’ evolving omnichannel expectations, the brand is upgrading its stores to better fit how consumers want to shop. In...

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Petco Names Former Five Below Chief Joel Anderson as CEO
Petco Names Former Five Below Chief Joel Anderson as CEO
July 17, 2024  |  Retail

Petco has named former Five Below CEO Joel D. Anderson as its new CEO and a member of its board of directors, effective July 29....

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June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
July 17, 2024  |  Retail

 Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales.  That’s according to a report Wednesday (July 17) by Reuters, citing data from...

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Bargain Hunters Fuel Amazon’s Prime Day Participation
Bargain Hunters Fuel Amazon’s Prime Day Participation
July 17, 2024  |  Retail

With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest...

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Chase to Decline Credit Card Payments for Third-Party BNPL Plans
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
July 17, 2024  |  BNPL

Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...

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Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024  |  Retail

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the...

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