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)

Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
December 11, 2023  |  Aggregators

In 2023, restaurant aggregators have expanded the model, extending beyond food delivery, adding new features and finding innovative ways to drive loyalty. DoorDash Taps Card-Linked...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. The company is set to take a controlling 75.01% stake in Tokopedia, the eCommerce arm of Indonesia’s GoTo...

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Exploring the Ethical Implications of AI in Retail
Exploring the Ethical Implications of AI in Retail
December 11, 2023  |  Artificial Intelligence

Generative AI significantly enhances customer engagement in retail by personalizing experiences. As a result, retailers now harness AI to tailor product recommendations and marketing campaigns,...

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Visa: Network Tokenization Shifts eCommerce Away From the Account Number
Visa: Network Tokenization Shifts eCommerce Away From the Account Number
December 11, 2023  |  Digital Payments

Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told...

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How Saturday Skin Leverages Amazon to Checkout With Gen Z 
How Saturday Skin Leverages Amazon to Checkout With Gen Z 
December 11, 2023  |  Retail

In the age of digital supremacy, Generation Z has positioned itself as the vanguard of a fresh wave of consumer habits. Growing up amid smartphones,...

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Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023  |  Retail

A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management,...

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Amazon Sues ‘International Fraud Organization’ Over Phony Returns
Amazon Sues ‘International Fraud Organization’ Over Phony Returns
December 10, 2023  |  Amazon

Amazon has sued an international group known as REKK for allegedly stealing millions via fraudulent returns. The suit, filed last week in U.S. District Court in...

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Is White Elephant Gift-Giving Still a Holiday Hit? 
Is White Elephant Gift-Giving Still a Holiday Hit? 
December 09, 2023  |  Retail

Even in the face of inflation, consumers are proving that they won’t “checkout” easily when it comes to tradition. Last week, PYMNTS delved into whether...

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