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 Relaunches Discount Flights for Younger Prime Members
Amazon Relaunches Discount Flights for Younger Prime Members
December 04, 2024  |  Travel Payments

Amazon is re-teaming with StudentUniverse to offer low-cost flights to younger Prime members. The partnership, timed to coincide with the holiday travel season, offers a limited number of...

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FTC Sends Refunds in Case Alleging False Promises of ‘Fast Shipping’
FTC Sends Refunds in Case Alleging False Promises of ‘Fast Shipping’
December 04, 2024  |  Regulation

The Federal Trade Commission (FTC) is sending refunds to consumers it says were affected by a case in which marketer SuperGoodDeals.com allegedly promised “next-day shipping”...

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Will Instant Refunds Change Retail?
Will Instant Refunds Change Retail?
December 04, 2024  |  Retail

December’s dawn brings with it a flurry of retail spending. Gift giving is top of mind, to be sure, but consumers are also treating themselves...

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Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
December 04, 2024  |  Earnings

Shopper discretionary spending trends are impacting Family Dollar parent company Dollar Tree, as paycheck-to-paycheck consumers continue to feel squeezed in an uncertain economy. Dollar Tree, which operates...

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The End of Focus Groups? AI Replicates Consumer Responses With 85% Accuracy
The End of Focus Groups? AI Replicates Consumer Responses With 85% Accuracy
December 04, 2024  |  artificial intelligence

Want to know how consumers really feel about a product? Soon, a company might not need to bribe them with pizza and gift cards —...

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Fewer Americans Shopped Black Friday Despite Record Spending
Fewer Americans Shopped Black Friday Despite Record Spending
December 04, 2024  |  Retail

America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly...

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Global Retailers Ramp Up Use of AI Shopping Tools
Global Retailers Ramp Up Use of AI Shopping Tools
December 03, 2024  |  Retail

Major retailers worldwide are accelerating artificial intelligence (AI) deployment in stores and apps. Walmart Chile is rolling out AI-powered smart carts, while Thai supermarket chain...

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Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
December 03, 2024  |  Mastercard

Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced...

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Walmart Wraps $2.3 Billion Vizio Purchase to Bolster Retail Media 
Walmart Wraps $2.3 Billion Vizio Purchase to Bolster Retail Media 
December 03, 2024  |  Walmart

Walmart has completed its $2.3 billion purchase of smart television maker Vizio. The deal, aimed at bolstering the company’s retail media offerings, closed after a...

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