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

Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
May 30, 2024  |  Earnings

As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events...

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High-Income Shoppers Likeliest to Abandon Carts Online
High-Income Shoppers Likeliest to Abandon Carts Online
May 30, 2024  |  eCommerce

As shoppers engage with eCommerce channels, high-income consumers prove, perhaps counterintuitively, to be the most likely to ditch their would-be purchases without completing the transaction....

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Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024  |  Retail

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. Get...

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Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
May 30, 2024  |  Earnings

Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by...

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Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
May 30, 2024  |  Delivery

Amazon Prime Air has been granted approval by the Federal Aviation Administration (FAA) to expand its drone delivery operations. Get the Full Story Complete the...

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Amazon Sellers Turning to Google Ads to Reach Shoppers
Amazon Sellers Turning to Google Ads to Reach Shoppers
May 30, 2024  |  eCommerce

Amazon sellers are reportedly increasingly turning to Google Ads to boost their business and stand out in the crowded marketplace. Get the Full Story Complete...

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Amazon Expands Into Online Ordering With Grubhub
Amazon Expands Into Online Ordering With Grubhub
May 30, 2024  |  Partnerships

Amazon announced an expanded partnership with Grubhub to enhance the restaurant delivery experience for its customers. Get the Full Story Complete the form to unlock...

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Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
May 30, 2024  |  Earnings

Kohl’s is looking to boost its sagging sales by promoting value to consumers who have been buffeted by high interest rates and inflation. Get the...

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Burlington: Sales Climb 11% as ‘All Income Groups’ Feel Pressure
Burlington: Sales Climb 11% as ‘All Income Groups’ Feel Pressure
May 30, 2024  |  Earnings

Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. Get the Full Story Complete the form to unlock this article and...

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