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

Wearables Like Apple Watch Outsell Entire Watch Industry
Wearables Like Apple Watch Outsell Entire Watch Industry
February 06, 2020  |  Apple

The Apple Watch had a record-breaking 2019, outselling the entire Swiss watch industry, a report by Strategy Analytics indicated on Wednesday (Feb. 5). Get the...

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PSCU Reports Higher Debit, Credit Sales During Holidays
PSCU Reports Higher Debit, Credit Sales During Holidays
February 06, 2020  |  Credit Unions

PSCU, the payments credits union service organization (CUSO), reported significantly higher year-over-year growth than expected during the holidays, with a 7.86 percent increase in debit...

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APIs Help FIs Keep Pace With B2B Clients’ Faster Payment Needs
APIs Help FIs Keep Pace With B2B Clients’ Faster Payment Needs
February 06, 2020  |  API

Breaking the legacy of batch payments can help corporate treasurers hit instant speeds — and access rich real-time payment data — with the right application...

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Stripe Powers Digital, In-Store Payments For Lightspeed Retail, Restaurant Customers
Stripe Powers Digital, In-Store Payments For Lightspeed Retail, Restaurant Customers
February 06, 2020  |  Retail

Canadian global point-of-sale (POS) and eCommerce firm Lightspeed is teaming up with Silicon Valley payments platform Stripe to advance in-store and online payments for retailers...

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C-Store Chain Foxtrot Raises $17M To Expand Delivery Options
C-Store Chain Foxtrot Raises $17M To Expand Delivery Options
February 06, 2020  |  Retail

Foxtrot, looking to put a new spin on the classic counter convenience store, offers craft beer, natural wines and several of its own brands of...

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After Subscription Stumbles, How Patreon Won Back Customer Trust
After Subscription Stumbles, How Patreon Won Back Customer Trust
February 06, 2020  |  Subscription Commerce

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

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Macy’s Woes Add To Tough Week For Malls
Macy’s Woes Add To Tough Week For Malls
February 05, 2020  |  Retail

It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most...

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7-Eleven Is Piloting Cashierless Stores
7-Eleven Is Piloting Cashierless Stores
February 05, 2020  |  Retail

Retailer 7-Eleven is testing a new concept: cashierless stores, according to a release.  Get the Full Story Complete the form to unlock this article and...

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IKEA To Shutter UK Store Due To Fewer-Than-Expected Shoppers
IKEA To Shutter UK Store Due To Fewer-Than-Expected Shoppers
February 05, 2020  |  Retail

With the infrequent closing of one of its stores, IKEA is expected to shutter a British location as the retailer says the store had a “substantially lower”...

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