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

Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods

Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods
Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods
November 19, 2020  |  Retail

Online retailer Farfetch is out to prove that the market for luxury merchandise fits fine with used goods. The eCommerce company is launching its Farfetch...

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PhonePe On What’s Driving The Rise Of Mobile Payments In India
PhonePe On What’s Driving The Rise Of Mobile Payments In India
November 19, 2020  |  Smarter Payments

The cash on delivery model in India is starting to change as more Indian consumers embrace digital alternatives amid the pandemic, says Karthik Raghupathy, head...

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NEW DATA: How To Keep 24.4 Million Consumers From Hitting ‘Unsubscribe’
NEW DATA: How To Keep 24.4 Million Consumers From Hitting ‘Unsubscribe’
November 19, 2020  |  Subscription Commerce

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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Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy
Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy
November 18, 2020  |  SMBs

As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year’s...

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Wegmans Places Purchase Limits On Items To Prevent Panic Buying
Wegmans Places Purchase Limits On Items To Prevent Panic Buying
November 18, 2020  |  Retail

As a response to the recent rise in COVID-19 cases across the U.S., Wegmans issued guidelines and safety measures to manage shopping crowds during the...

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Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
November 18, 2020  |  Retail

While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new...

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TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020  |  Retail

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its...

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Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
November 18, 2020  |  Retail

Target continued its winning digital-first strategy for the third quarter as the company announced another triple-digit eCommerce spike on its earnings call Wednesday (Nov. 18)....

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Opportunities And Challenges In Retail And Banking 
Opportunities And Challenges In Retail And Banking 
November 18, 2020  |  Today In Data

JD.com experienced a surge in net revenues for its most recent quarter amid a pandemic-bolstered rise in eCommerce. In personal finance, average consumer-level credit card balances have fallen during...

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