Retail

Retail
Computer Shortages To Linger As Demand Outstrips Supplies
December 27, 2020

Sales of PCs, defined as computers with keyboards, stormed back in 2020, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Retail
US Retail Sales Up 2.4 Pct From November To Dec. 24
December 27, 2020

Holiday sales rose this year compared to last but failed to meet many analysts’ expectations and were especially disappointing for brick-and-mortar operators, according to a variety of data sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Many (Un)Happy Returns: Navigating ‘Returnmageddon’
December 26, 2020

The big show is over for another year. For the tens of millions of Americans who celebrated Christmas this year the party is over — the roast beast has been carved, the stockings unstuffed, the gifts have been unwrapped (such as they arrived on time...

Retail
Digital-First Economy Redefines Retail And Consumer Behavior
December 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak for themselves. PYMNTS research on consumer shopping habits showed that 24 percent of all consumers...

Retail
Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu
December 23, 2020

Burger King has launched a new promotion called the “$1 Your Way Menu” and in conjunction will put $1 in some Venmo users’ accounts through Dec. 28, the day the new menu takes effect, the company announced in a press release. Get the Full Story...

Retail
Today In Retail: Amazon Postpones Fulfillment Fee Increases; Shoppers In Italy Embrace Cash-Back Effort
December 23, 2020

In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Plus, Peloton has moved to remedy its manufacturing and order backlog hurdle by acquiring Precor.  Get the Full Story Complete...

Retail
Holiday Shipping Delays Fall Hard On Retail SMBs
December 23, 2020

The clock is about to strike midnight on the holiday shipping and shopping season, and the delays associated with this year of the digital-first economy have only accelerated over the past few days. And while the big players like Amazon, Walmart and Target have been...

Retail
Payments Orchestration Helps Digital Goods Companies Make The Instant Sale
December 23, 2020

If there’s one universal truth amid the pandemic, it’s that we’re all binge watchers now. We’re all consumers of media, of content, of subscriptions — and we do it all online, which means we pay for it all online. Get the Full Story Complete the...

Retail
Today In Retail: Past Macy’s CEO Anticipates More Store Closures, 46 Pct Of Americans Plan...
December 22, 2020

In today’s top retail news, former Macy’s CEO Terry Lundgren said he anticipates more store closings next year, while about half of Americans intend to travel for the December holidays amid the pandemic. Plus, the auto vertical keeps firing on all cylinders even with the...