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

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the...

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Shoppers Strain Under Burden of Ongoing CPG Price Hikes
Shoppers Strain Under Burden of Ongoing CPG Price Hikes
April 16, 2024  |  Retail

As leading consumer-packaged goods (CPG) brands continue to raise their prices slowly but persistently, shoppers who are on the fence are looking for more affordable...

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Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
April 16, 2024  |  Retail

Last month, Amazon introduced its first-ever Annual Big Spring Sale. Whereas Amazon’s Prime Days events are designed to woo Amazon subscribers into filling their shopping...

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Deal-Seeking eGrocery Customers Prioritize Brand Recognition Over Loyalty
Deal-Seeking eGrocery Customers Prioritize Brand Recognition Over Loyalty
April 16, 2024  |  Retail

When looking for deals online, grocery shoppers want the reassurance of buying from familiar, trusted companies, but they may be willing to sacrifice their loyalty...

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Payments Execs View Data as the Compass for Navigating Uncertain Times
Payments Execs View Data as the Compass for Navigating Uncertain Times
April 16, 2024  |  Opinion

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Consumers Unsure Whether to Trust Luxury eCommerce Platforms
Consumers Unsure Whether to Trust Luxury eCommerce Platforms
April 15, 2024  |  Retail

Luxury shoppers may be willing to shell out quite a lot online for high-quality products, but only if they can trust that they are getting...

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Peloton Drops Free-Membership Tier After Less-Than-Expected Results
Peloton Drops Free-Membership Tier After Less-Than-Expected Results
April 15, 2024  |  Subscriptions

Connected fitness company Peloton has stopped offering an unlimited free-membership tier that was once a key part of its growth strategy. Get the Full Story Complete the...

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US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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