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

Discount Retailer Primark Predicts Substantial Loss

Discount Retailer Primark Predicts Substantial Loss
Discount Retailer Primark Predicts Substantial Loss
July 02, 2020  |  Retail

Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. Get the Full Story Complete...

READ MORE >
Corona Beer Parent Company Tops Off DTC Trend
Corona Beer Parent Company Tops Off DTC Trend
July 02, 2020  |  Retail

The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines....

READ MORE >
The Pandemic’s Effect On Subscriptions And Luxury Goods
The Pandemic’s Effect On Subscriptions And Luxury Goods
July 02, 2020  |  Today In Data

Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings...

READ MORE >
Saving Main Street: College Towns Deal With Economic Devastation
Saving Main Street: College Towns Deal With Economic Devastation
July 02, 2020  |  Economy

Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is...

READ MORE >
Pandemic Brings Dark Days For Department Stores
Pandemic Brings Dark Days For Department Stores
July 02, 2020  |  Retail

If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On...

READ MORE >
Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
July 02, 2020  |  Retail

To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp...

READ MORE >
Apple To Shutter 30 More US Stores Again Amid Pandemic
Apple To Shutter 30 More US Stores Again Amid Pandemic
July 02, 2020  |  Retail

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United...

READ MORE >
How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
July 02, 2020  |  Next-Gen Debit

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

READ MORE >
New Marg ERP Feature To Aid Social Distancing In B2B Payments
New Marg ERP Feature To Aid Social Distancing In B2B Payments
July 02, 2020  |  B2B Payments

A new digital, contactless feature for India-based software developer Marg ERP will hopefully help users maintain social distancing when working with retailers and other people...

READ MORE >