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

More Than 1 in 10 Main Street Small Businesses Say No to Digital Innovation

More Than 1 in 10 Main Street Small Businesses Say No to Digital Innovation
More Than 1 in 10 Main Street Small Businesses Say No to Digital Innovation
January 06, 2023  |  SMBs

Despite macro headwinds, a small percentage of SMBs don’t plan to use tech to improve margins. Get the Full Story Complete the form to unlock...

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Naver Completes Acquisition of Poshmark and Aims to Grow Globally
Naver Completes Acquisition of Poshmark and Aims to Grow Globally
January 06, 2023  |  Acquisitions

Naver has completed its previously announced acquisition of Poshmark and aims to grow it globally. Get the Full Story Complete the form to unlock this...

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Grocers to Retreat from Risky Tech Bets Amid Economic Uncertainty
Grocers to Retreat from Risky Tech Bets Amid Economic Uncertainty
January 06, 2023  |  Shopping

With economic challenges requiring a focus on near-term profitability, grocers are rethinking their technology investments. Get the Full Story Complete the form to unlock this...

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Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
January 06, 2023  |  Retail

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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Amazon and Walmart Lead Retail Industry Shift to Returns and Results
Amazon and Walmart Lead Retail Industry Shift to Returns and Results
January 06, 2023  |  Retail

While early industry-wide readings on retail sales range from record high to essentially flat if 7% inflation is factored in, fears of a fourth-quarter washout amid a glut of...

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Designer Shoe Warehouse Promotes Industry Vet to Be Next CEO
Designer Shoe Warehouse Promotes Industry Vet to Be Next CEO
January 06, 2023  |  Retail

Designer Brands, the designer, producer and retailer of footwear and accessories said in a Thursday (Jan. 5) press release that DSW President Doug Howe is...

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US Job Gains Slow to 223K in December Hitting 2-Year Low
US Job Gains Slow to 223K in December Hitting 2-Year Low
January 06, 2023  |  Economy

The U.S. economy added 223,000 non-farm jobs in December. This was ahead of consensus estimates but lower than the average monthly gain of 375,000 recorded...

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Lenders Use Marketplaces to Bring Credit to Small Retailers
Lenders Use Marketplaces to Bring Credit to Small Retailers
January 06, 2023  |  SMBs

For Main Street’s small retailers, offering customers personalized financing options can be what separates a sale from a drive by. Get the Full Story Complete...

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Payments Are ‘Sexy’ Again at IKEA Stores and Website
Payments Are ‘Sexy’ Again at IKEA Stores and Website
January 06, 2023  |  Payment Methods

The last stop on the customer journey has new respect at IKEA stores and its website. Get the Full Story Complete the form to unlock...

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