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

March Consumer Spending Sees Sharpest Drop On Record

March Consumer Spending Sees Sharpest Drop On Record
March Consumer Spending Sees Sharpest Drop On Record
April 30, 2020  |  Economy

Consumer spending in the U.S. plummeted 7.5 percent in March, the steepest drop in 61 years, as the coronavirus pandemic continues to ravage personal income,...

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Good News: Pandemic Produces Retail Winners
Good News: Pandemic Produces Retail Winners
April 30, 2020  |  Retail

While the news is full of retail doom and gloom of late, the post-pandemic prognosis for one class of companies has actually been improving. Amazon,...

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Macy’s Plans To Reopen 68 Locations After COVID-19 Closures
Macy’s Plans To Reopen 68 Locations After COVID-19 Closures
April 30, 2020  |  Retail

As it joins the ranks of returning merchants following COVID-19 store closures, Macy’s intends to open 68 retail locations on Monday (May 4) in states...

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eBay Earnings Show Cross-Currents Of Its Business
eBay Earnings Show Cross-Currents Of Its Business
April 30, 2020  |  Earnings

As it is with most things surrounding eBay these days, its first quarter earnings announced late Wednesday (April 29) were complicated. The firm’s analyst call...

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Meeting Consumer Preferences With BNPL And Streamlined Checkouts
Meeting Consumer Preferences With BNPL And Streamlined Checkouts
April 30, 2020  |  Today In Data

Buy now, pay later (BNPL) offerings are well on their way to challenging credit cards as the payment method of choice for younger consumers. Millennials, for...

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Global Retail Sales Projected To Fall 9.6 Pct On Average
Global Retail Sales Projected To Fall 9.6 Pct On Average
April 30, 2020  |  Retail

Amid the impacts of the coronavirus pandemic, Forrester forecasts that global retail sales this year will drop by an average of 9.6 percent around the...

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Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
April 30, 2020  |  B2B Payments

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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How BNPL Services Help Small Businesses Increase Their Sales
How BNPL Services Help Small Businesses Increase Their Sales
April 30, 2020  |  Buy Now Pay Later

Durable workwear is essential for EMTs, firefighters and many other frontline professionals, but the COVID-19 pandemic and the ensuing economic downturn means many of these...

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How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
April 30, 2020  |  Payments Powering the Platform Economy

When it comes to appeasing cross-border shoppers, a one-size-fits-all approach can fall short. Winning over customers worldwide requires merchants to offer a secure, localized payment...

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