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

Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount

Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
September 12, 2022  |  Retail

As Ikea moves to reinvent its physical retail presence and drive more foot traffic to its stores, the Swedish-founded conglomerate known for its unfussy, ready-to-assemble...

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Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
September 12, 2022  |  Retail

RH (Restoration Hardware) CEO Gary Friedman and Kroger CEO Rodney McMullen both had it right last week when they reported their respective Q2 earnings: Inflation...

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Discount Retail Boosts Square Footage as Consumers Stretch Dollars
Discount Retail Boosts Square Footage as Consumers Stretch Dollars
September 11, 2022  |  Economy

The death of brick and mortar has been greatly exaggerated.  To get a sense of where the growth may lie — at least in retail...

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Report: Amazon Shuts, Delays Some Facilities as eCommerce Growth Slows
Report: Amazon Shuts, Delays Some Facilities as eCommerce Growth Slows
September 09, 2022  |  Economy

After doubling its amount of warehouse space during the first two years of the pandemic, Amazon reportedly seems to be dialing back and rethinking some...

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As Busy Season Approaches, Merchants Rev up the Checkout Checklist
As Busy Season Approaches, Merchants Rev up the Checkout Checklist
September 09, 2022  |  eCommerce

They say you never get a second chance to make a first impression. Get the Full Story Complete the form to unlock this article and...

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Today in B2B Payments: 3 New Partnerships Bring Deals, Products
Today in B2B Payments: 3 New Partnerships Bring Deals, Products
September 09, 2022  |  B2B Payments

Today in B2B payments, the California Society of Certified Public Accountants (CalCPA) and Anchor collaborate to offer discounts on autonomous billing, Sage and Square team...

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Membership Program, Automation Recharge Kroger’s Digital Growth
Membership Program, Automation Recharge Kroger’s Digital Growth
September 09, 2022  |  Earnings

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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As Grocers Push Private Labels, Brands Seek Loyalty Online
As Grocers Push Private Labels, Brands Seek Loyalty Online
September 09, 2022  |  Retail

In the grocery segment, it’s the tug of war for space on the (brick and mortar and virtual) shelves. Get the Full Story Complete the...

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Amazon vs Walmart Weekly: An Unprecedented Price War in Healthcare
Amazon vs Walmart Weekly: An Unprecedented Price War in Healthcare
September 09, 2022  |  Retail

When news crossed this week that Walmart, the self-titled leader for “everyday low prices,” had struck a 10-year deal with UnitedHealth, it was likely unsurprising...

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