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

McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise

McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. Get the Full Story Complete the form to unlock this article and...

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Families May Travel More Often, but Spend Less Than Couples Without Kids
Families May Travel More Often, but Spend Less Than Couples Without Kids
July 29, 2024  |  Consumer Insights

Married couples without children are leading the way in travel spending, data show, and as others pull back their purchasing in the category, these dual-income-no-kids...

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WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
July 28, 2024  |  eCommerce

Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. Get the Full Story Complete the form to unlock this...

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Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
July 27, 2024  |  Retail

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about...

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3 Big Ideas From the PYMNTS Visa SMBTV Series
3 Big Ideas From the PYMNTS Visa SMBTV Series
July 26, 2024  |  VISA

In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers...

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Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
July 26, 2024  |  Economy

The bifurcation in consumer spending — between higher-income and lower-income individuals and households — looks set to widen. Get the Full Story Complete the form...

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Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
July 26, 2024  |  Apple

Apple has reportedly cut the prices of iPhones in India after the country reduced its basic customs duty on mobile phones. Get the Full Story Complete...

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AI-Powered Delivery Robots Aim to Slash Costs
AI-Powered Delivery Robots Aim to Slash Costs
July 26, 2024  |  artificial intelligence

A new contender has entered the increasingly crowded field of autonomous delivery robots, hoping to automate last-mile logistics for eCommerce. Bay Area startup Vayu Robotics unveiled its...

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Amazon and Walmart Tap Imaging Tech to Improve eCommerce Experience
Amazon and Walmart Tap Imaging Tech to Improve eCommerce Experience
July 26, 2024  |  Retail

Amazon and Walmart are looking to make the online shopping experience more visual in an effort to boost consumers’ eCommerce engagement. Get the Full Story...

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