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

Lord & Taylor to Return as eCommerce Site
Lord & Taylor to Return as eCommerce Site
December 10, 2024  |  Retail

Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. The new online-only store will be...

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Report: Walgreens Discusses Sale to Private Equity Firm Sycamore Partners
Report: Walgreens Discusses Sale to Private Equity Firm Sycamore Partners
December 10, 2024  |  Acquisitions

Walgreens Boots Alliance and Sycamore Partners are reportedly discussing a deal that would see Walgreens sold to the private equity firm. A deal could be...

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Amazon Seller Central to Integrate Intuit QuickBooks for Financial Management
Amazon Seller Central to Integrate Intuit QuickBooks for Financial Management
December 09, 2024  |  Retail

Intuit’s QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly into its site, where Amazon sellers manage their businesses. When integrated into...

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Rent the Runway Takes Another Shot at Subscription Retail
Rent the Runway Takes Another Shot at Subscription Retail
December 09, 2024  |  Subscription Commerce

After focusing on cost-cutting and margin improvement from 2020 to 2023, Rent the Runway is now back in “growth mode,” according to CEO Jennifer Hyman. As...

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Macy’s Activist Investor Pushes for Real Estate Play
Macy’s Activist Investor Pushes for Real Estate Play
December 09, 2024  |  Real Estate

An activist investor is reportedly pushing Macy’s to focus more on its real estate. Barington Capital wants the department store chain to create a separate...

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Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
December 07, 2024  |  Retail

The holiday shopping season has long been the crown jewel of the retail calendar. But as consumer habits evolve, so too do the tools retailers...

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This Week in AI: AI Opens Door for Retailers to Gather Insights and Drive Spending
This Week in AI: AI Opens Door for Retailers to Gather Insights and Drive Spending
December 06, 2024  |  artificial intelligence

New research shows artificial intelligence (AI) can now navigate computer interfaces through voice commands to handle eCommerce transactions, even as most U.S. consumers don’t realize...

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AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
December 06, 2024  |  Retail

Tech firms are escalating their push to turn every outfit spotted on social media into an instant shopping opportunity, with startup Aesthetic launching the latest...

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Petco and Chewy Lean Into Healthcare and Loyalty Program Upgrades
Petco and Chewy Lean Into Healthcare and Loyalty Program Upgrades
December 06, 2024  |  Earnings

Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and...

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