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

Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
May 14, 2024  |  Earnings

Amid Alibaba’s declining profits, the eCommerce giant is seeing its online shoppers’ spending habits depend heavily on how trustworthy they feel the platform is. Get...

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OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions
OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions
May 14, 2024  |  Artificial Intelligence

OpenAI’s new GPT-4o artificial intelligence model could enhance real-time voice interactions, improving the experience for the growing number of consumers using voice assistants. Get the Full Story...

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Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
May 14, 2024  |  Retail

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Get the Full Story Complete the form to unlock this article and...

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Home Depot Continues B2B Push as Consumer Spending Pulls Back
Home Depot Continues B2B Push as Consumer Spending Pulls Back
May 14, 2024  |  Earnings

Is your refrigerator running? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
May 14, 2024  |  Artificial Intelligence

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. Get the Full Story Complete the form...

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Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
May 14, 2024  |  Acquisitions

Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Walmart Reportedly Slashing Jobs and Ending Remote Work
Walmart Reportedly Slashing Jobs and Ending Remote Work
May 14, 2024  |  Walmart

Walmart is reportedly eliminating hundreds of corporate jobs and ending most remote work. Get the Full Story Complete the form to unlock this article and...

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Tanger Outlets Court the Digital, Aspirational Shopper
Tanger Outlets Court the Digital, Aspirational Shopper
May 14, 2024  |  Retail

May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that...

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Small Retailers Struggle to Bounce Back From the Pandemic
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024  |  Retail

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain...

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