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

35% of Boomers Prefer Retailer Sites to Buying Directly from Brands

35% of Boomers Prefer Retailer Sites to Buying Directly from Brands
35% of Boomers Prefer Retailer Sites to Buying Directly from Brands
February 14, 2024  |  Retail

The competition for customers amongst brand websites, store websites and online marketplaces continues to be shaped by a complex web of consumer preferences, trust considerations...

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Mexico’s Antitrust Regulator Says eCommerce Market Needs ‘Corrective Measures’
Mexico’s Antitrust Regulator Says eCommerce Market Needs ‘Corrective Measures’
February 13, 2024  |  eCommerce

Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. Get the Full Story Complete...

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Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
February 13, 2024  |  Earnings

Even as Instacart is undergoing major layoffs to cut costs, the company continues to invest in fully digitizing the physical store to boost omnichannel efficiency....

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Report: Walmart Aims to Buy Vizio for $2 Billion
Report: Walmart Aims to Buy Vizio for $2 Billion
February 13, 2024  |  Acquisitions

Walmart is reportedly in talks to acquire smart television maker Vizio for over $2 billion. Get the Full Story Complete the form to unlock this article and enjoy...

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Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024  |  Retail

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle....

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1 in 3 Subscription Merchants Offers Social Media Sign-Ups 
1 in 3 Subscription Merchants Offers Social Media Sign-Ups 
February 13, 2024  |  Subscriptions

As consumers increasingly turn to social media to meet more of their day-to-day needs, a small but significant share of subscription merchants is leveraging these...

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Shein Shines in PYMNTS Provider Ranking of Shopping Apps
Shein Shines in PYMNTS Provider Ranking of Shopping Apps
February 13, 2024  |  Retail

Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps...

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Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024  |  eCommerce

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek...

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Shopify’s Merchant Solutions Revenues Up 21%, Underpinned by Shopify Payments
Shopify’s Merchant Solutions Revenues Up 21%, Underpinned by Shopify Payments
February 13, 2024  |  Earnings

Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. Get the...

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