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)

From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
October 12, 2023  |  Retail

We’ve probably all observed the trend in minimalism. One component of the trend focuses on only acquiring essential items. While the minimalist aesthetic has gained...

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Why Brands Like Supergoop Are Educating Consumers on FSA Spending
Why Brands Like Supergoop Are Educating Consumers on FSA Spending
October 12, 2023  |  Retail

Flexible spending accounts (FSAs). Chances are, if you have one, it’s probably underused.  While many people associate FSAs with medical and dental costs, many are...

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77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
October 12, 2023  |  Real-Time Payments

Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations....

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GLOSSLAB Founder Wants to Transform the Nail Salon Business — One Subscription at a Time
GLOSSLAB Founder Wants to Transform the Nail Salon Business — One Subscription at a Time
October 12, 2023  |  Retail

The nail salon industry, for the most part, has remained relatively stagnant over the years. When you decide to get your nails done, you’re often...

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Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
October 11, 2023  |  Consumer Finance

Even as monthly grocery inflation eases, PYMNTS Intelligence reveals, consumers are feeling the weight of the past three years of price increases when they go...

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RBC Capital Markets Predicts Luxury Sector Downturn
RBC Capital Markets Predicts Luxury Sector Downturn
October 11, 2023  |  Retail

The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of...

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Brink’s Denies Report of Merger Talks With NCR
Brink’s Denies Report of Merger Talks With NCR
October 11, 2023  |  Acquisitions

Brink’s has denied a media report that it is in talks with NCR to merge with that company’s automatic teller machine (ATM) business. “The Brink’s Company is...

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Klarna Unveils AI-Driven Photo Shopping Tool
Klarna Unveils AI-Driven Photo Shopping Tool
October 11, 2023  |  Retail

Klarna has debuted an artificial intelligence (AI)-powered shopping tool with the help of OpenAI. The Swedish payments company announced the new feature Wednesday (Oct. 11) as part of...

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Amazon’s ‘Buy Again’ Hopes to Rekindle Subscription Momentum
Amazon’s ‘Buy Again’ Hopes to Rekindle Subscription Momentum
October 11, 2023  |  Subscriptions

Customer acquisition is an expensive endeavor. Companies want to have an installed base of avid users — enthusiastic buyers who remain loyal, transact frequently and...

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