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

Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts

Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023  |  Retail

Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Get the Full...

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Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. Get the Full...

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Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
December 11, 2023  |  eCommerce

As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency....

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TikTok Surpasses $10 Billion in Consumer Spending 
TikTok Surpasses $10 Billion in Consumer Spending 
December 11, 2023  |  Social Commerce

TikTok has generated $10 billion in consumer spending, becoming the first non-game mobile app to do so.  Get the Full Story Complete the form to unlock...

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National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
December 11, 2023  |  Retail

The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. Get the Full Story Complete the form to unlock this...

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Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
December 11, 2023  |  Aggregators

In 2023, restaurant aggregators have expanded the model, extending beyond food delivery, adding new features and finding innovative ways to drive loyalty. Get the Full...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Exploring the Ethical Implications of AI in Retail
Exploring the Ethical Implications of AI in Retail
December 11, 2023  |  Artificial Intelligence

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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