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

The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
September 06, 2024  |  artificial intelligence

In a whirlwind week for AI, OpenAI co-founder Ilya Sutskever’s new venture secured $1 billion for ‘safe’ superintelligence, while AI-driven drug discovery hit roadblocks in...

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Walmart Launches Traveling Tour to Promote Fashion Products and Services
Walmart Launches Traveling Tour to Promote Fashion Products and Services
September 06, 2024  |  Retail

Walmart has launched a traveling tour that will promote the fashion products and services the retailer offers in stores and online. The Walmart Style Tour,...

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Amazon Counters Walmart’s Grocery Lead With Third-Party Delivery Play
Amazon Counters Walmart’s Grocery Lead With Third-Party Delivery Play
September 06, 2024  |  Retail

As Amazon looks to shrink Walmart’s lead in food, the eCommerce giant is expanding its presence in third-party grocery delivery. Consumers in the Seattle area...

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Rent the Runway Charts New Course With In-Person Events, Revamped Consumer Experience
Rent the Runway Charts New Course With In-Person Events, Revamped Consumer Experience
September 05, 2024  |  Earnings

Rent the Runway (RTR) is experiencing a pivotal moment as it redefines its growth trajectory through a blend of strategic innovations and operational improvements. Following...

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Five Below Refocuses on Core Customers Amid Strategic Overhaul
Five Below Refocuses on Core Customers Amid Strategic Overhaul
September 05, 2024  |  Earnings

Five Below, the discount retailer that first opened its doors in 2002, is navigating a period of introspection and realignment. Founded by David Schlessinger and...

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Google Adds Dresses to AI-Powered Virtual Try-On Offering
Google Adds Dresses to AI-Powered Virtual Try-On Offering
September 05, 2024  |  artificial intelligence

Google’s virtual try-on tool now lets shoppers see how they’d look in dresses. The tech giant on Thursday (Sept. 5) announced it is expanding the artificial intelligence...

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Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
September 05, 2024  |  SMBs

While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in...

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Dollar Tree Navigates Retail Transformation With Multi-Price Strategy
Dollar Tree Navigates Retail Transformation With Multi-Price Strategy
September 04, 2024  |  Earnings

Family Dollar parent company Dollar Tree, which operates more than 16,000 stores across the U.S. and Canada, is navigating a significant transformation under Chairman and...

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Nordstrom Receives Go-Private Proposal From Nordstrom Family and Mexico’s Liverpool
Nordstrom Receives Go-Private Proposal From Nordstrom Family and Mexico’s Liverpool
September 04, 2024  |  Retail

Nordstrom has received a proposal from its CEO Erik Nordstrom, President and Chief Brand Officer Pete Nordstrom, other members of the Nordstrom family and Mexican...

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