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

BEA Reports 2.6% Growth in Real GDP in Q3

BEA Reports 2.6% Growth in Real GDP in Q3
BEA Reports 2.6% Growth in Real GDP in Q3
October 27, 2022  |  Economy

After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according...

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Grocers Leverage Tech to Make Shopping More Convenient
Grocers Leverage Tech to Make Shopping More Convenient
October 27, 2022  |  Technology

From in-store solutions to third-party aggregators to first-party eCommerce platforms, grocers this week shared a range of initiatives to increase the convenience of their customers’...

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Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
October 27, 2022  |  emea

In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell...

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North Face Parent VF Corp Sees Elevated Inventories and Cautious Spending
North Face Parent VF Corp Sees Elevated Inventories and Cautious Spending
October 27, 2022  |  Retail

With an arsenal of a dozen brands and D2C websites, a vast wholesale business and 1,300 of its own physical stores, VF Corporation has a...

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AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
October 27, 2022  |  Retail

Retail sales of both new and used vehicles remain below historical levels due to inventory constraints, executives of automotive retailer AutoNation reported Thursday (Oct. 27)...

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Walmart Adds Buy Buttons and Virtual Queuing to Speed Holiday Checkout
Walmart Adds Buy Buttons and Virtual Queuing to Speed Holiday Checkout
October 27, 2022  |  Retail

With the bulk of its customers worrying about inflation heading into the holidays, Walmart has debuted a trio of new services designed to help online...

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Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged
October 27, 2022  |  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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Shoe Brands Compete for Digital Sales as D2C Volumes Grow
Shoe Brands Compete for Digital Sales as D2C Volumes Grow
October 26, 2022  |  eCommerce

Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C)...

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Walgreens Rolls Out 30-Min Pickup Option
Walgreens Rolls Out 30-Min Pickup Option
October 26, 2022  |  Retail

Walgreens said it has begun offering customers in some markets the option of order pickups that are ready within 30 minutes. Get the Full Story...

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