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

Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge

Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024  |  Retail

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their...

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3 in 10 Convenience Stores Look to Smart Shelf Tags to Keep Shoppers Engaged
3 in 10 Convenience Stores Look to Smart Shelf Tags to Keep Shoppers Engaged
January 19, 2024  |  Retail

As connected technologies take over brick-and-mortar stores, convenience retailers are increasingly seeing smart shelf tags as key to providing a positive shopper experience. Get the...

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Amazon Lays Off 5% of Buy With Prime Staff
Amazon Lays Off 5% of Buy With Prime Staff
January 19, 2024  |  Amazon

Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. Get the Full Story Complete the form to...

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Consumers Feeling Better About Inflation — Will They Feel Comfortable Spending?
Consumers Feeling Better About Inflation — Will They Feel Comfortable Spending?
January 19, 2024  |  Economy

Headed into the new year, consumers are confident about the economy, and about overall trends in inflation. Get the Full Story Complete the form to...

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Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024  |  Retail

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” Get the Full Story Complete the form to unlock...

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Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024  |  Retail

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established...

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Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024  |  Retail

Macy’s is reducing its workforce by 3.5%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Chinese Retailers Discount iPhones as Sales Volume Declines
Chinese Retailers Discount iPhones as Sales Volume Declines
January 18, 2024  |  Apple

As the Lunar New Year approaches, major online retailers in China are offering significant discounts on iPhone models. Get the Full Story Complete the form...

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