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

40% of Consumers Paid Full Price During Amazon Prime Day, Walmart+ Week
40% of Consumers Paid Full Price During Amazon Prime Day, Walmart+ Week
August 22, 2024  |  Retail

As summer sales events like Amazon Prime Day and Walmart+ Week annually draw significant consumer attention, a recent PYMNTS Intelligence report examines key insights into...

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Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
August 21, 2024  |  Acquisitions

The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. Get the Full Story Complete the...

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TJX Sales Climb as Consumers ‘Keep Seeking Value’
TJX Sales Climb as Consumers ‘Keep Seeking Value’
August 21, 2024  |  Earnings

TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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TalkShopLive Teams With NBCUniversal for Shoppable Video
TalkShopLive Teams With NBCUniversal for Shoppable Video
August 21, 2024  |  eCommerce

Video commerce platform TalkShopLive has launched a partnership with NBCUniversal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
August 21, 2024  |  Retail

Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations. Get the Full Story Complete the form...

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Walmart Sells JD.com Shares Amid Increased Focus on China
Walmart Sells JD.com Shares Amid Increased Focus on China
August 21, 2024  |  Retail

Walmart has sold its entire stake in Chinese eCommerce giant JD.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Best Buy Introduces AI-Powered Delivery Tracking, Signaling Shift in Retail Logistics
Best Buy Introduces AI-Powered Delivery Tracking, Signaling Shift in Retail Logistics
August 20, 2024  |  Delivery

Best Buy is rolling out an artificial intelligence (AI)-powered delivery tracking system that promises minute-by-minute updates. Get the Full Story Complete the form to unlock...

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Shein Alleges Copyright Infringement in Lawsuit Against Temu
Shein Alleges Copyright Infringement in Lawsuit Against Temu
August 20, 2024  |  Legal

Fast-fashion giant Shein reportedly sued rival company Temu, alleging copyright infringement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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