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)

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...

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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...

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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...

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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...

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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...

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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...

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Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
April 23, 2024  |  Earnings

Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted...

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iPhone Sales Plunge to 4-Year Low in China
iPhone Sales Plunge to 4-Year Low in China
April 23, 2024  |  Apple

Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start...

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Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which...

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