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)

Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
October 18, 2023  |  Consumer Payments

Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for...

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Fed’s Beige Book Paints Portrait of ‘Mixed’ Consumer Spending
Fed’s Beige Book Paints Portrait of ‘Mixed’ Consumer Spending
October 18, 2023  |  Economy

The latest qualitative readings on the U.S. economy show that economic activity, at best, seems stagnant. At worst, there are some signs that consumer spending,...

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BNP Paribas and 321founded Launch Payment Management Tool Panto
BNP Paribas and 321founded Launch Payment Management Tool Panto
October 18, 2023  |  eCommerce

French banking group BNP Paribas has created a FinTech aimed at European eCommerce players. Dubbed “Panto” and launching with the help of 321founded, the offering gives marketplaces “a...

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Venmo and InComm Team to Offer Digital Gift Cards
Venmo and InComm Team to Offer Digital Gift Cards
October 18, 2023  |  Retail

Payments firm InComm has teamed with Venmo to enhance that company’s digital gift card offering. According to a Wednesday (Oct. 18) news release, the new feature offers eligible Venmo customers...

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Amazon Drone Delivery Aims to Close ‘Golden Window’ in Medical Treatment
Amazon Drone Delivery Aims to Close ‘Golden Window’ in Medical Treatment
October 18, 2023  |  Delivery

Amazon Pharmacy has begun offering drone delivery to customers in Texas. The retail giant announced in a news release Wednesday (Oct. 18) that customers in...

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TreviPay Debuts Financial Partner Gateway for B2B Payments and Invoicing
TreviPay Debuts Financial Partner Gateway for B2B Payments and Invoicing
October 18, 2023  |  B2B Payments

Global B2B payments and invoicing network TreviPay debuted on Wednesday (Oct. 18) its Financial Partner Gateway. This suite of application programming interfaces (APIs) allows financial institutions to...

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Square Launches 10 New Generative AI Features to Assist Businesses
Square Launches 10 New Generative AI Features to Assist Businesses
October 18, 2023  |  Commercial Payments

Square has announced the launch of 10 new generative AI features that aim to assist businesses of all sizes, the company announced Wednesday (Oct. 18)....

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As Snap Seals Its AR Fate, Brands Dive Deeper Into Augmented Retail  
As Snap Seals Its AR Fate, Brands Dive Deeper Into Augmented Retail  
October 18, 2023  |  Retail

Retailers are turning to augmented reality (AR) to craft consumer experiences that not only resonate and leave a lasting impression but also instill greater confidence...

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As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
October 18, 2023  |  Retail

Luxury fashion brand Hermès has broadened its offerings in the beauty sector, introducing a new line of products that includes mascara, eyeshadow, and makeup brushes. ...

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