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

UK Hit By Retail Crisis As 140K Jobs Lost, 16K Stores Shutter
UK Hit By Retail Crisis As 140K Jobs Lost, 16K Stores Shutter
December 30, 2019  |  Retail

U.K.’s high streets have been hit with the hardest times in a quarter of a century with the closure of 16,000 stores this year and...

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Remote Seller Taxation: A Job For Tax Automation
Remote Seller Taxation: A Job For Tax Automation
December 30, 2019  |  Next-Gen Sales Tax

Aftershocks from the South Dakota v. Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying...

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Nordstrom NYC Flagship Features 10 Eateries
Nordstrom NYC Flagship Features 10 Eateries
December 30, 2019  |  Retail

Nordstrom’s recently-opened flagship store in New York City has 320,000-square-feet of shopping across seven floors — and no less than 10 restaurants, making it a...

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Luxury Retail Is Changing — And Saks Shows The Way For 2020
Luxury Retail Is Changing — And Saks Shows The Way For 2020
December 30, 2019  |  Retail

Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest...

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2019: The Year Of The Clothing Subscription
2019: The Year Of The Clothing Subscription
December 30, 2019  |  Retail

This year, eCommerce innovators welcomed consumers who wanted to rent — instead of own — their wardrobes, with clothing rental startups growing their reach through the...

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Designing Innovative Retail Stores Around Experiences
Designing Innovative Retail Stores Around Experiences
December 30, 2019  |  Today In Data

Retailers are designing brick-and-mortar spaces around experiences to bring in and retain shoppers. Chinese eCommerce retailer JD.com, in one case, has just rolled out its inaugural SEVEN...

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Deep Dive: How Not To Lose A Bundle On Bundled Taxes
Deep Dive: How Not To Lose A Bundle On Bundled Taxes
December 30, 2019  |  Next-Gen Sales Tax

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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Record Holiday Sales Trigger Record $100B Returns
Record Holiday Sales Trigger Record $100B Returns
December 30, 2019  |  Retail

Gift returns have become a holiday tradition in the U.S., with consumers anticipated to send back a record $100 billion worth of unwanted goods bought...

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Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age
Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age
December 30, 2019  |  Retail

That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program...

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