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)

Pinterest Says It Doesn’t Need to Track Users to Be Relevant  
Pinterest Says It Doesn’t Need to Track Users to Be Relevant  
October 30, 2023  |  Social Commerce

Pinterest’s CEO, Bill Ready, made it clear on Monday (Oct. 30) that the social media platform is prepared to embrace a cookieless future, emphasizing that...

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Consumers’ Love of Cash Back Offers Merchants Opportunity to Increase Store Card Use
Consumers’ Love of Cash Back Offers Merchants Opportunity to Increase Store Card Use
October 30, 2023  |  Loyalty & Rewards

For merchants looking to enhance customer engagement and maintain a competitive edge in a highly competitive market, loyalty programs are a vital asset. In fact,...

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Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
October 30, 2023  |  Retail

Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food...

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Restaurants’ Digital Transformation Hits a Snag
Restaurants’ Digital Transformation Hits a Snag
October 30, 2023  |  Restaurant innovation

As more of consumers’ daily routines are transformed by digital technologies, the restaurant industry’s digitization is actually taking a step back, PYMNTS Intelligence reveals. By...

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Walmart Debuts 117 Digital-First Stores
Walmart Debuts 117 Digital-First Stores
October 30, 2023  |  Retail

Walmart is celebrating the re-grand opening of 117 remodeled stores across the United States Monday (Oct. 30), marking the largest single-day rollout of re-grand openings...

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Nayax to Acquire POS Software Form Retail Pro International
Nayax to Acquire POS Software Form Retail Pro International
October 30, 2023  |  Acquisitions

Nayax, a global commerce enablement payments and loyalty platform, has entered into a definitive agreement to acquire retail point of sale (POS) software firm Retail Pro...

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Overstock Set to Revive Bed Bath & Beyond’s Iconic Big Blue Coupon 
Overstock Set to Revive Bed Bath & Beyond’s Iconic Big Blue Coupon 
October 30, 2023  |  Retail

Several months back, Bed Bath & Beyond was not on anyone’s radar as a player in the 2023 holiday season. However, Overstock.com’s acquisition of the...

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LTK’s Ulrich on How Payments and AI Turn Creators Into Shoppable Stores
LTK’s Ulrich on How Payments and AI Turn Creators Into Shoppable Stores
October 30, 2023  |  Social Commerce

Creators wield significant influence in commerce — when they recommend products, they inspire and shape their followers’ choices. But the journey from inspiration to purchase...

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Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
October 27, 2023  |  Retail

The rising cost of candy has reportedly led consumers to rethink their Halloween plans. Candy and gum prices rose by 7.5% in September compared to...

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