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

French Retailer Carrefour Freezes Prices on 100 ‘Everyday Essentials’

French Retailer Carrefour Freezes Prices on 100 ‘Everyday Essentials’
French Retailer Carrefour Freezes Prices on 100 ‘Everyday Essentials’
August 22, 2022  |  Retail

Saying it expanding its efforts to help its customers cope with inflation, French retailer Carrefour has frozen prices on 100 “everyday essential” products through Nov....

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Walmart Now Growing Threat to Delivery Aggregators
Walmart Now Growing Threat to Delivery Aggregators
August 22, 2022  |  Delivery

It is hardly surprising that Walmart is no longer delivering via DoorDash, considering that the two firms are in competition when it comes to providing...

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Seeking a ‘Restart’ Adidas Looks for New CEO
Seeking a ‘Restart’ Adidas Looks for New CEO
August 22, 2022  |  Retail

Saying it’s time for a restart, footwear company Adidas announced that its supervisory board and CEO Kasper Rorsted have mutually agreed that Rorsted will leave...

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Chinese Online Marketplace Pinduoduo Expands to US
Chinese Online Marketplace Pinduoduo Expands to US
August 22, 2022  |  eCommerce

Mostly known in China for connecting agriculture products to consumers, eCommerce marketplace Pinduoduo is reportedly expanding its platform globally, with the first launch in the...

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Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
August 22, 2022  |  Shopping

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 Halts New UK Self-Checkout Grocers as Sales Fall Short
Amazon Halts New UK Self-Checkout Grocers as Sales Fall Short
August 21, 2022  |  Amazon

Lagging sales and economic troubles have caused Amazon to pause the rollout of more self-checkout stores. Get the Full Story Complete the form to unlock...

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Qatar-Based Retailer Al Meera Partners With Zippin for Checkout-Free Stores
Qatar-Based Retailer Al Meera Partners With Zippin for Checkout-Free Stores
August 21, 2022  |  Partnerships

The Al Meera Consumer Goods Company announced Sunday (Aug. 21) that it has partnered with checkout-free tech firm Zippin to expand its business and bolster...

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Wayfair Clips 5% of Global Workforce After Growth Sputters
Wayfair Clips 5% of Global Workforce After Growth Sputters
August 19, 2022  |  eCommerce

A pandemic surge in growth that unexpectedly sputtered post-COVID prompted online home goods retailer Wayfair to lay off 5% of its global staff, affecting 870...

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Footlocker’s CEO Pick Reflects Retail’s Shift to D2C
Footlocker’s CEO Pick Reflects Retail’s Shift to D2C
August 19, 2022  |  Retail

When your consumers skew digital and your major vendors go direct to consumer (D2C), the store and mall formats that have worked in the past...

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