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

Today In Retail: Retail Sales Fall In Hong Kong Amid Pandemic; Afterpay Reports 30 Pct Jump In Basket Size For US Customers Over The Holidays

Today In Retail: Retail Sales Fall In Hong Kong Amid Pandemic; Afterpay Reports 30 Pct Jump In Basket Size For US Customers Over The Holidays
Today In Retail: Retail Sales Fall In Hong Kong Amid Pandemic; Afterpay Reports 30 Pct...
January 04, 2021  |  Retail

In today’s top retail news, retail sales fell 25 percent in Hong Kong in the first 11 months of 2020, while Afterpay reported a 30...

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Risky Business: Malls See Late Holiday Surge Despite Pandemic
Risky Business: Malls See Late Holiday Surge Despite Pandemic
January 04, 2021  |  Retail

With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks...

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The Rise Of Digital Commerce Amid The Pandemic 
The Rise Of Digital Commerce Amid The Pandemic 
January 04, 2021  |  Today In Data

Americans harnessed buy now, pay later (BNPL) methods for their Black Friday purchases, while curbside pickup has been a hit during the pandemic period. In consumer behavior, the shopping...

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Retail Sales Dropped 25 Pct In Hong Kong From January To November
Retail Sales Dropped 25 Pct In Hong Kong From January To November
January 04, 2021  |  Retail

As the pandemic repelled high-spending visitors and local shoppers spent less, retail sales in Hong Kong plummeted 25 percent in the first 11 months of...

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Afterpay Reports 30 Pct Rise In Basket Size For US Customers Over The Holidays
Afterpay Reports 30 Pct Rise In Basket Size For US Customers Over The Holidays
January 04, 2021  |  Retail

Afterpay said on Monday (Jan. 4) that the average basket size for its customers in the U.S. rose by 30 percent in a comparison of...

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Deep Dive: Buy Now, Pay Later And The In-Store Opportunity
Deep Dive: Buy Now, Pay Later And The In-Store Opportunity
January 04, 2021  |  Buy Now Pay Later

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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7-Eleven Uses Mobile Wallet To Redefine The Meaning Of Convenience
7-Eleven Uses Mobile Wallet To Redefine The Meaning Of Convenience
January 04, 2021  |  Digital Payments

The digital-first economy was the story of 2020, but for many successful companies it wasn’t a complete surprise. It was an acceleration. It was a...

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Europe Considers Lengthening COVID Lockdowns As Cases Climb
Europe Considers Lengthening COVID Lockdowns As Cases Climb
January 03, 2021  |  Coronavirus

Germany is preparing to continue its nationwide lockdowns through the end of January, a report from Financial Times (FT) says. Get the Full Story Complete...

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US Consumers Expect To Return $115 Billion In Unwanted Gifts
US Consumers Expect To Return $115 Billion In Unwanted Gifts
January 03, 2021  |  Delivery

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. Get the Full Story...

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