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

Hermès Brings Scarcity Model to the Beauty Industry

Hermès Brings Scarcity Model to the Beauty Industry
Hermès Brings Scarcity Model to the Beauty Industry
March 23, 2023  |  Retail

Following a 15% increase in beauty and perfume sales last year, luxury fashion house Hermès is expanding its beauty category with all-new products. Get the...

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Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
March 22, 2023  |  Cross-border Payments

The holy month of Ramadan, celebrated by close to 2 billion Muslims worldwide, kicks off Thursday (March 23). And according to the U.K. subsidiary of...

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Nike, Dick’s Cross-Channel Sales Strategies Increase Sporting Goods Sales Potential
Nike, Dick’s Cross-Channel Sales Strategies Increase Sporting Goods Sales Potential
March 22, 2023  |  Retail

As overall retail sales slump, some sporting goods brands and merchants are demonstrating that health and wellness is anything but discretionary. Get the Full Story...

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Meal Kits Go to the Dogs With Petco’s Customizable Freshpet Subscriptions
Meal Kits Go to the Dogs With Petco’s Customizable Freshpet Subscriptions
March 22, 2023  |  Earnings

Petco announced upbeat fourth-quarter 2022 results on an earnings call Wednesday (March 22), led by its deep investments in pet healthcare and continuing strength in...

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Tesco Joins Retailers Watering Down Rewards Amid Inflation
Tesco Joins Retailers Watering Down Rewards Amid Inflation
March 22, 2023  |  Loyalty & Rewards

As retailers bow under inflationary pressures, some are cutting the value of their rewards points. Get the Full Story Complete the form to unlock this...

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Goggo and Oxbotica Team to Promote Autonomous Delivery in Europe
Goggo and Oxbotica Team to Promote Autonomous Delivery in Europe
March 22, 2023  |  Technology

Autonomous vehicle firms Goggo Network and Oxbotica have teamed to promote driverless delivery in Europe. Get the Full Story Complete the form to unlock this...

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Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023  |  Retail

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than...

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Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
March 22, 2023  |  eCommerce

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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Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
March 22, 2023  |  Earnings

Deal chasers who are also loyal customers helped pushed closeout chain Ollie’s Bargain Outlet to a strong fiscal fourth-quarter finish after a year of battling...

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