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)

Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
August 12, 2024  |  artificial intelligence

The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. While...

READ MORE >
Beekman 1802 Co-Founder: AI Enables More Compelling Retail Education
Beekman 1802 Co-Founder: AI Enables More Compelling Retail Education
August 12, 2024  |  Retail

As beauty brands look for ways to explain their products to consumers without losing the shopper’s interest, Beekman 1802 is seeing artificial intelligence and augmented...

READ MORE >
Cost-Conscious Consumers’ Demand for Discounts Fuels Digital Growth Across Retail
Cost-Conscious Consumers’ Demand for Discounts Fuels Digital Growth Across Retail
August 12, 2024  |  Loyalty & Rewards

As consumers’ ongoing financial concerns drive them to seek deals and promotions, brands across retail categories are seeing increased engagement with their loyalty programs. Sportswear...

READ MORE >
Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
August 12, 2024  |  Social Commerce

The lines between social interaction and commerce are increasingly blurred, and they show no signs of separating, at least not anytime soon. “Social commerce takes...

READ MORE >
Fast-Food Chains Promote Value as Restaurant Prices Climb
Fast-Food Chains Promote Value as Restaurant Prices Climb
August 11, 2024  |  Retail

Value has become the watchword for fast-food brands these days. As CNBC reported Sunday (Aug. 11), restaurant CEOs keep pointing to value when explaining to...

READ MORE >
Social Commerce Shoppers Pick Instagram for Apparel, TikTok for Beauty
Social Commerce Shoppers Pick Instagram for Apparel, TikTok for Beauty
August 09, 2024  |  Social Commerce

As consumers begin to adopt social media channels to make purchases, PYMNTS Intelligence found which apps shoppers are turning to for different kinds of retail...

READ MORE >
They Said That: Notable Quotables for the Week of August 5
They Said That: Notable Quotables for the Week of August 5
August 09, 2024  |  Technology

While you were watching track and field, basketball, fencing and swimming we were keeping our usual close eye on the “faster, higher, stronger” world of...

READ MORE >
From Travel to Coffee to eCommerce, Consumers are Pulling Back
From Travel to Coffee to eCommerce, Consumers are Pulling Back
August 09, 2024  |  Retail

Consumers are thinking twice before pulling the trigger to buy even everyday items — a hesitation to spend that’s evidencing itself in slowdowns and headwinds for...

READ MORE >
Macy’s VP: Restructuring Aims to Elevate Customer Experience and Drive Growth
Macy’s VP: Restructuring Aims to Elevate Customer Experience and Drive Growth
August 09, 2024  |  Retail

Earlier this year, Macy’s launched a restructuring initiative called “A Bold New Chapter,” aimed at reinvigorating the company and driving growth. The strategy focuses on...

READ MORE >