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

Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices

Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
March 20, 2024  |  Retail

French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags. Get the Full Story Complete the form to unlock this article...

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PDD Holdings Revenue Doubles as Consumers Seek ‘Value for Money’
PDD Holdings Revenue Doubles as Consumers Seek ‘Value for Money’
March 20, 2024  |  Earnings

PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.”...

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Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
March 20, 2024  |  Retail

As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased...

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Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

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Mind the Gap: Hiding Digital Features Costs UK Merchants Sales
Mind the Gap: Hiding Digital Features Costs UK Merchants Sales
March 20, 2024  |  VISA

Integrating online features and in-store shopping is reshaping the shopping experience in the U.K. However, more than one-quarter of U.K. merchants don’t offer the digital...

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Receipt Data May Be Key to More Efficient Customer Experiences
Receipt Data May Be Key to More Efficient Customer Experiences
March 19, 2024  |  Retail

Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial...

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Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024  |  Retail

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. Get...

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Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024  |  Retail

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic...

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