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)

Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
October 03, 2023  |  Retail

Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic.  On Sunday (Oct 1), 88...

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Who’s Going to Get Fitness-as-a-Service Right? 
Who’s Going to Get Fitness-as-a-Service Right? 
October 03, 2023  |  Fitness

Peloton and Lululemon announced a five-year global strategic partnership last week, with the goal of uniting fitness content and athletic apparel to forge a collective...

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Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
October 03, 2023  |  Subscriptions

In the highly competitive world of retail subscription commerce, winning over loyal customers is crucial for providers to secure a lion’s share of revenue. In...

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As Consumers Trade Down, Brands Text Early to Boost Holiday Sales
As Consumers Trade Down, Brands Text Early to Boost Holiday Sales
October 03, 2023  |  Retail

It’s hard to ignore the omnipresence of our mobile phones. We turn to them countless times throughout the day, making them an indispensable part of...

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A Third of Consumers Want to Shop the Show
A Third of Consumers Want to Shop the Show
October 02, 2023  |  Connected Economy

In today’s fast-paced world, consumers are increasingly seeking connected buying experiences that allow them to multitask and seamlessly make purchases. PYMNTS’ data confirms that to be the...

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Netflix’s Merchandise Moves Highlight the Rise of Connected, Contextual Commerce  
Netflix’s Merchandise Moves Highlight the Rise of Connected, Contextual Commerce  
October 02, 2023  |  Connected Economy

In 2018, writing about the ways in which mobile devices and technology changed the world, PYMNTS CEO Karen Webster noted: “In the three-plus decades since consumers...

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Walgreens Leadership Shakeup Continues With CIO Departure
Walgreens Leadership Shakeup Continues With CIO Departure
October 02, 2023  |  Personnel

Walgreens Boots Alliance has experienced the latest shakeup in its leadership team, with Chief Information Officer (CIO) Hsiao Wang departing from the company about a year after assuming...

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LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
October 02, 2023  |  Retail

The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. The Paris prosecutor’s office said it is undertaking a preliminary investigation into...

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Kellogg’s Cereal Business Split Becomes Official
Kellogg’s Cereal Business Split Becomes Official
October 02, 2023  |  Retail

Kellanova — the company once known as Kellogg — said the spin-off of its cereal business is official. The company announced Monday (Oct. 2) that it...

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