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)

Mastercard Launches Biometric Payments Partnership With NEC
Mastercard Launches Biometric Payments Partnership With NEC
November 14, 2023  |  Biometrics

Mastercard has teamed with NEC to bring biometric checkout to the Asia Pacific region. The partnership, announced Tuesday (Nov. 14), combines NEC’s facial recognition and liveness verification technology with Mastercard’s...

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Over a Quarter of Consumers Cite Free Cancellation as Key Factor in Choosing Beauty Subscriptions
Over a Quarter of Consumers Cite Free Cancellation as Key Factor in Choosing Beauty Subscriptions
November 14, 2023  |  Subscription Commerce

In recent months, the momentum of retail product subscriptions has waned, as consumers grapple with headwinds from economic challenges and a rising cost of living....

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No Shame in the Game: Why Consumers Are Proudly Flaunting Dupes
No Shame in the Game: Why Consumers Are Proudly Flaunting Dupes
November 14, 2023  |  Retail

“Dupe, private label, call it what you want, consumers want more,” PYMNTS said in March, and that’s a sentiment that lives on. This is because...

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Earnings Season Shows Continuing Evolution of Digital Healthcare Transformation
Earnings Season Shows Continuing Evolution of Digital Healthcare Transformation
November 13, 2023  |  Healthcare

The digitization of health care continues. And the progress can be tracked, in part, by the continued slew of earnings reports from the platforms and...

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NRF Releases Principles for AI Use in Retail Sector
NRF Releases Principles for AI Use in Retail Sector
November 13, 2023  |  artificial intelligence

The National Retail Federation (NRF) has released its Principles for the Use of Artificial Intelligence in the Retail Sector, providing a framework for retailers to govern and strategically...

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Retail Subscribers Like to Stick With What’s Familiar
Retail Subscribers Like to Stick With What’s Familiar
November 13, 2023  |  Subscriptions

When consumers with retail subscriptions subscribe to new services, PYMNTS Intelligence reveals, they are more likely to stick with what they know than to branch...

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Klarna Expands Creator Shops as Consumers Embrace Social Commerce
Klarna Expands Creator Shops as Consumers Embrace Social Commerce
November 13, 2023  |  Social Commerce

Payments network Klarna has expanded its ad and marketing tools for creators and retailers.  The new offerings, announced Monday (Nov. 13), include new versions of the company’s Ad...

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Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
November 13, 2023  |  Retail

American retailers could be saddled with a glut of inventory for the holiday shopping season. With that in mind, chains could see their profit margins...

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34% of Consumers Say the Pressure to Tip Is Out of Control
34% of Consumers Say the Pressure to Tip Is Out of Control
November 13, 2023  |  Consumer Finance

Imagine being at the checkout, set to pay for a snack you’ve just grabbed. Suddenly, the digital screen of the point-of-sale system lights up, suggesting...

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