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

51% of Consumers Seek AI-Powered Shopping Experiences, With Younger Shoppers Leading the Way
51% of Consumers Seek AI-Powered Shopping Experiences, With Younger Shoppers Leading the Way
November 07, 2024  |  Retail

Consumer expectations around shopping are changing, with higher demand for personalized, artificial intelligence (AI)-driven experiences that offer convenience, customization and efficiency. A PYMNTS Intelligence report,...

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CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul
CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul
November 06, 2024  |  Earnings

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it...

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Malls Making a Comeback? Simon Property Group Says They Are
Malls Making a Comeback? Simon Property Group Says They Are
November 05, 2024  |  Retail

The mall, once seen as a relic of a bygone retail era, is once again gaining relevance — especially as younger consumers rediscover its value,...

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Goodbye Treasure Hunts? AI Reshapes Online Thrifting
Goodbye Treasure Hunts? AI Reshapes Online Thrifting
November 05, 2024  |  Artificial Intelligence

The digital equivalent of rummaging through clothing racks may soon become a relic as ThredUp rolls out artificial intelligence to transform the happily chaotic world...

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GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

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Target Plans Holiday-Themed Upgrades In Store and Online
Target Plans Holiday-Themed Upgrades In Store and Online
November 05, 2024  |  Retail

Target is getting a holiday makeover as retailers prepare for a potentially tepid shopping season. The retailer announced recently that it would be turning its physical and digital...

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How Soft-Linked Signals Are Securing the Future of Seamless Payments
How Soft-Linked Signals Are Securing the Future of Seamless Payments
November 05, 2024  |  Fraud Prevention

When it comes to digital commerce, payers and businesses are clear on one thing: they want checkout to be fast, safe and simple. But while...

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Retailers Cut Christmas-Themed Item Orders Ahead of Lukewarm Holiday
Retailers Cut Christmas-Themed Item Orders Ahead of Lukewarm Holiday
November 05, 2024  |  Retail

As the holiday shopping season begins, expect to see fewer Christmas-themed items in stores. Retailers such as Walmart are ordering fewer Christmas trees, toys and decorations this...

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Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
November 05, 2024  |  eCommerce

Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive...

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