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)

Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
May 17, 2024  |  Retail

Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard...

READ MORE >
Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart CFO: Shoppers Replacing Fast Food With Groceries
May 16, 2024  |  Walmart

Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s...

READ MORE >
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
May 16, 2024  |  Earnings

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...

READ MORE >
Mastercard and Salesforce Team to Resolve Transaction Disputes
Mastercard and Salesforce Team to Resolve Transaction Disputes
May 16, 2024  |  Partnerships

Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks. “Disputes and chargebacks, where a consumer notices a transaction they don’t recognise and requests...

READ MORE >
Walmart’s Q1 Earnings Show Caution On Consumer Spending
Walmart’s Q1 Earnings Show Caution On Consumer Spending
May 16, 2024  |  Earnings

Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed...

READ MORE >
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
May 16, 2024  |  Retail

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold flavors, recyclable...

READ MORE >
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
May 16, 2024  |  Retail

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status...

READ MORE >
Walmart’s Luminate Data Platform Goes International
Walmart’s Luminate Data Platform Goes International
May 16, 2024  |  Walmart

Three years after its launch in the United States, Walmart Luminate, the retailer’s insights solution, is being rolled out worldwide. Walmart’s data analytics product suite will be...

READ MORE >
Why Gen Z Shops Merchants That Offer Pay Later Plans
Why Gen Z Shops Merchants That Offer Pay Later Plans
May 16, 2024  |  Consumer Finance

Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around...

READ MORE >