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)

PayPal Rolls Out One-Click Checkout, Personalized Offers and ‘Smart Receipt’ Features
PayPal Rolls Out One-Click Checkout, Personalized Offers and ‘Smart Receipt’ Features
January 25, 2024  |  Retail

PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial...

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Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
January 25, 2024  |  POS Innovation

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These...

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Report: Shein Investors Sell Discounted Shares as IPO Enthusiasm Wanes
Report: Shein Investors Sell Discounted Shares as IPO Enthusiasm Wanes
January 25, 2024  |  Retail

Investors in fashion retailer Shein are reportedly selling discounted shares. Those private-market deals value Shein at as low as $45 billion, Bloomberg News reported Thursday (Jan. 25),...

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Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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The Role Creators Will Play in 2024 
The Role Creators Will Play in 2024 
January 25, 2024  |  Social Commerce

Creators and influencers have moved beyond their conventional roles as simple product endorsers, and transformed into trusted advisers who play a pivotal role in shaping...

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Apple Becomes China’s Top Smartphone as Shipments Dip
Apple Becomes China’s Top Smartphone as Shipments Dip
January 25, 2024  |  Apple

Apple’s troubles in China haven’t kept it from becoming the country’s smartphone leader. The iPhone was the most popular phone among Chinese consumers in 2023, even as the...

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Firms Partnering With Third Parties to Fight Fraud See Profit Boost
Firms Partnering With Third Parties to Fight Fraud See Profit Boost
January 25, 2024  |  Fraud Prevention

Payment service providers – also known as PSPs – are an important piece of the payment ecosystem. For any business that wants to deliver a...

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Bold Commerce Teams With Wink to Offer Biometric Checkout
Bold Commerce Teams With Wink to Offer Biometric Checkout
January 25, 2024  |  Biometrics

eCommerce company Bold Commerce has introduced its first biometric checkout offering. Powered by Wink, the company’s Bold Checkout lets retailers offer their customers the chance to use...

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Smart Mirrors Present Dressing-Room Commerce Opportunities for Retailers
Smart Mirrors Present Dressing-Room Commerce Opportunities for Retailers
January 24, 2024  |  Retail

Smart mirrors present an opportunity for retailers to embed shopping capabilities into the try-on process, PYMNTS Intelligence reveals. By the Numbers PYMNTS Intelligence’s report “How...

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