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 Eight Pivotal Strategies for Payments and the Digital Economy in 2024
The Eight Pivotal Strategies for Payments and the Digital Economy in 2024
January 08, 2024  |  Karen Webster

One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI...

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Would You Brave a Stampede for Love or a Stanley Cup?
Would You Brave a Stampede for Love or a Stanley Cup?
January 06, 2024  |  Retail

Would you brave crowds and the possibility of getting trampled in the name of love this Valentine’s Day? All to secure the newest Stanley tumbler...

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1 in 4 Retail Subscribers Use Auto-Refill
1 in 4 Retail Subscribers Use Auto-Refill
January 05, 2024  |  Consumer Insights

With many retail subscribers now relying mainly on auto-refill subscriptions for their shopping, PYMNTS Intelligence reveals, retailers must adapt and embrace this growing trend to...

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Amazon and Walmart Both Turn to Games for Revenue Sources
Amazon and Walmart Both Turn to Games for Revenue Sources
January 05, 2024  |  Retail

In anticipation of incorporating advertisements on Prime Video, Amazon is also delving into the development of movies and TV series inspired by the Warhammer 40,000...

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CVS Pharmacy Launches Simplified, Two-Tiered Loyalty Program
CVS Pharmacy Launches Simplified, Two-Tiered Loyalty Program
January 04, 2024  |  Loyalty & Rewards

CVS Pharmacy, the retail division of CVS Health, simplified its loyalty program by consolidating it into one membership with two tiers. With both tiers of...

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Carrefour Pulls Pepsi From Shelves in Price Tussle — Will Devoted Fans Pop Over to Coke? 
Carrefour Pulls Pepsi From Shelves in Price Tussle — Will Devoted Fans Pop Over to...
January 04, 2024  |  Retail

Coke or Pepsi? The perennial debate takes a new twist in the price negotiation battle between retailers and global food giants. Carrefour has decided to...

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Report: OpenAI to Launch Previously Delayed Online Store Next Week
Report: OpenAI to Launch Previously Delayed Online Store Next Week
January 04, 2024  |  Artificial Intelligence

OpenAI will reportedly launch an online store next week after delaying it in November. The store will allow people to share custom versions of the...

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Two-Thirds of Consumers Prefer to Receive Personalized Offers via Email
Two-Thirds of Consumers Prefer to Receive Personalized Offers via Email
January 04, 2024  |  Loyalty & Rewards

Personalized offers have become a driving force in consumer behavior in today’s fast-evolving market landscape, reshaping shopping habits and influencing brand loyalty.  The ability to...

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Amazon Grabs 29% of Online Orders Ahead of Christmas
Amazon Grabs 29% of Online Orders Ahead of Christmas
January 04, 2024  |  Retail

Amazon reportedly saw its investment in faster delivery bear fruit just before Christmas. In the two weeks leading up to the holiday, the tech giant garnered...

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