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

Global Blue Acquires Majority Stake in Shipup, Expands Post-Purchase Tech

Global Blue Acquires Majority Stake in Shipup, Expands Post-Purchase Tech
Global Blue Acquires Majority Stake in Shipup, Expands Post-Purchase Tech
October 04, 2022  |  Acquisitions

Switzerland-based retail technology and payments company Global Blue has acquired a majority stake in post-purchase technology provider Shipup. Get the Full Story Complete the form...

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Retail Vacancy Rate Hits 15-Year Low
Retail Vacancy Rate Hits 15-Year Low
October 04, 2022  |  Retail

Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Get the...

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Amazon Brings Layaway Online in Bid to Boost Affordability
Amazon Brings Layaway Online in Bid to Boost Affordability
October 04, 2022  |  Amazon

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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South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
October 03, 2022  |  Acquisitions

New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct....

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Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
October 03, 2022  |  Cryptocurrency

A recent analysis of global cryptocurrency transactions by Chainalysis sheds light on the unique nature of Sub-Saharan Africa’s crypto market, which represented just 2% of...

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Deliveroo Opens First Physical Grocery Store in London
Deliveroo Opens First Physical Grocery Store in London
October 03, 2022  |  Delivery

Deliveroo is opening its first brick-and-mortar grocery store as the rapid delivery service attempts to expand its offerings. Get the Full Story Complete the form...

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Deliveroo’s New Store Adds Grocery Pickup Option to Aggregator Model
Deliveroo’s New Store Adds Grocery Pickup Option to Aggregator Model
October 03, 2022  |  Retail

As many brick-and-mortar grocers, noting the rise of eGrocery, look to boost their digital offerings, British food delivery company Deliveroo is going the other direction....

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Amazon Reaches Out to SNAP Users With ‘Amazon Access’
Amazon Reaches Out to SNAP Users With ‘Amazon Access’
October 03, 2022  |  Amazon

Amazon has launched “Amazon Access,” a resource hub to help shoppers, including those seeking information on Prime’s discounted membership program for qualifying government assistance recipients....

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Walmart, NECA Launch Digital Collectible Platform AutoT
Walmart, NECA Launch Digital Collectible Platform AutoT
October 03, 2022  |  Partnerships

Walmart has teamed with NECA (National Entertainment Collectibles Association) to launch AutoT, which the retail giant calls a first-of-its-kind digital collectible platform. Get the Full...

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