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)

REVOLVE Turns Delayed Shipping Into Customer Rewards 
REVOLVE Turns Delayed Shipping Into Customer Rewards 
August 10, 2023  |  eCommerce

There’s been so much talk about the state of returns, but maybe not nearly enough around shipping. But both services are becoming equally important.   The...

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Catch Parlays Merchant Interchange Savings Into Cashback for Consumers 
Catch Parlays Merchant Interchange Savings Into Cashback for Consumers 
August 10, 2023  |  Loyalty & Rewards

For consumers who can get credit, they’re racking up a ton of it.   The most recent quarterly report from the Federal Reserve on household debt...

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Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
August 09, 2023  |  Earnings

Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. As of late afternoon, Nuvei was...

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Blue Apron Sees Shift to Asset-Light Model Accelerating Profitability Beyond Q2
Blue Apron Sees Shift to Asset-Light Model Accelerating Profitability Beyond Q2
August 09, 2023  |  Earnings

Meal kit provider Blue Apron has its sights set on achieving profitability starting in the second quarter of 2024, executives told investors on the company’s second-quarter 2023 earnings call on...

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Vroom Says ‘Aged’ Cars Made Up 80% of Sales
Vroom Says ‘Aged’ Cars Made Up 80% of Sales
August 09, 2023  |  Earnings

Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. As PYMNTS reported earlier this year, Vroom and other companies in the...

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Target’s Starbucks Deal Brews Up Grande Connected Economy Ambitions
Target’s Starbucks Deal Brews Up Grande Connected Economy Ambitions
August 09, 2023  |  Connected Economy

The Connected Economy is one where, in an unbroken string of activities, consumers wield their devices  to browse, order, pay and pick up what they...

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Report: TikTok Adds Veterans From Amazon and Meta to Lead eCommerce
Report: TikTok Adds Veterans From Amazon and Meta to Lead eCommerce
August 09, 2023  |  Retail

TikTok has reportedly added retail executives who were previously with Amazon and Meta to help build its eCommerce businesses in the United States. They will...

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UK Retailer John Lewis Launches $127 Million Google Cloud Partnership
UK Retailer John Lewis Launches $127 Million Google Cloud Partnership
August 09, 2023  |  Retail

British department store company John Lewis Partnership is the latest retailer investing in artificial intelligence (AI). The company has undertaken a 100 million pound (about $127 million) partnership with Google...

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Walmart and Kroger Aim to Increase Market Share as In-Store Advertising Gains Momentum 
Walmart and Kroger Aim to Increase Market Share as In-Store Advertising Gains Momentum 
August 09, 2023  |  Retail

If you’ve stepped inside a store recently, maybe a Target or Kroger, you might have noticed digital in-store advertising — an upgraded rendition of the...

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