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)

Financing Options Help Merchants and Consumers Manage Economic Uncertainty
Financing Options Help Merchants and Consumers Manage Economic Uncertainty
April 24, 2024  |  Opinion

Consumer financing solutions can help businesses build trust and loyalty with consumers, Versatile Credit CEO Ed O’Donnell writes in the new PYMNTS eBook, “The Implications...

READ MORE >
AI to Boost Weather Forecasts, Businesses Hope for Profits
AI to Boost Weather Forecasts, Businesses Hope for Profits
April 23, 2024  |  artificial intelligence

Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Google has introduced...

READ MORE >
Walmart Pushes BNPL Loans With One
Walmart Pushes BNPL Loans With One
April 23, 2024  |  Buy Now Pay Later

For Walmart, buy now, pay later (BNPL) may offer the means by which the retail giant pushes even further into financial services and toward super...

READ MORE >
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
April 23, 2024  |  Retail

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers...

READ MORE >
Shoppers Seek More Accessible Grocery Options From eCommerce Marketplaces
Shoppers Seek More Accessible Grocery Options From eCommerce Marketplaces
April 23, 2024  |  eCommerce

Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash...

READ MORE >
Saks Launches Retail Media Network Targeting Luxury Shoppers
Saks Launches Retail Media Network Targeting Luxury Shoppers
April 23, 2024  |  Retail

Saks is now offering digital advertising to connect brands with luxury shoppers on its platform. The new Saks Media Network delivers sponsored product ads and display...

READ MORE >
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
April 23, 2024  |  eCommerce

Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability...

READ MORE >
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
April 23, 2024  |  Earnings

PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale.  The soda and snack food giant on Tuesday (April 23) released...

READ MORE >
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
April 23, 2024  |  Retail

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores...

READ MORE >