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)

Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
June 13, 2023  |  Retail

Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is...

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Nike Reverses Course to Reestablish Wholesale Partnerships and Expand Retail Presence
Nike Reverses Course to Reestablish Wholesale Partnerships and Expand Retail Presence
June 13, 2023  |  Retail

Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear...

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Retailer Return Policies May Put Future Sales at Risk
Retailer Return Policies May Put Future Sales at Risk
June 13, 2023  |  Retail

Despite the shopping feature’s popularity, merchants keep tightening requirements for returns.  In today’s competitive in-store and digital marketplaces, where it seems like everyone is seeking...

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Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
June 12, 2023  |  eCommerce

Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep.   Moving...

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Grocers Losing Share of Health and Beauty Sales to eCommerce 
Grocers Losing Share of Health and Beauty Sales to eCommerce 
June 12, 2023  |  Retail

Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels...

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Grocers Raise the Personalization Bar in Race for Digital Loyalty
Grocers Raise the Personalization Bar in Race for Digital Loyalty
June 12, 2023  |  Retail

Grocers are investing heavily in stepping up their ability to personalize the digital experience with consumer data, and these efforts, PYMNTS research suggests, are paying...

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Food Brands Eye Social Commerce Despite Disappointing Results
Food Brands Eye Social Commerce Despite Disappointing Results
June 12, 2023  |  Social Commerce

Food brands may be looking for ways to capitalize on the potential of social media commerce, but for now, PYMNTS research indicates, potential is all...

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Merchants Using In-House Systems Miss 10% of Family Fraud Instances
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
June 12, 2023  |  Fraud Prevention

Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as...

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5 Ways Grocers Are Using Digital to Drive Loyalty
5 Ways Grocers Are Using Digital to Drive Loyalty
June 12, 2023  |  Loyalty & Rewards

With the Digital Food & Beverage Conference kicking off Monday (June 12) in La Jolla, California, where industry executives gather to learn, among other subjects,...

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