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

Qurate Retail Plans Turnaround Amid 16% Revenue Drop

Qurate Retail Plans Turnaround Amid 16% Revenue Drop
Qurate Retail Plans Turnaround Amid 16% Revenue Drop
August 05, 2022  |  Retail

Video commerce giant and QVC owner Qurate Retail Inc. is implementing a turnaround plan amid across-the-board declines in revenue, the company reported Friday (Aug. 5). Get...

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DraftKings Sees 30% Rise in Monthly Payers
DraftKings Sees 30% Rise in Monthly Payers
August 05, 2022  |  Retail

DraftKings saw double-digit increases in monthly payers and revenue in the second quarter of this year, the sports wagering platform said in a Friday (Aug....

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Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
August 05, 2022  |  Acquisitions

Amazon is set to acquire iRobot, the maker of the Roomba robot vacuum, in an all-cash transaction valued at $1.7 billion. Get the Full Story...

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PYMNTS Intelligence: How to Avoid Becoming a Consumer’s Unwanted Subscription
PYMNTS Intelligence: How to Avoid Becoming a Consumer’s Unwanted Subscription
August 05, 2022  |  Subscription Commerce

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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Retailers Walk Fine Line Over How Much Payment Choice to Offer
Retailers Walk Fine Line Over How Much Payment Choice to Offer
August 05, 2022  |  Payment Methods

The conventional wisdom of online commerce is that payments should be invisible, and merchants should offer their shoppers as many payment options as possible. Get...

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Selecta: Strong H1 Results Drive Shift From Vending Machines to NextGen Autonomous FoodTech
Selecta: Strong H1 Results Drive Shift From Vending Machines to NextGen Autonomous FoodTech
August 04, 2022  |  Earnings

Swiss FoodTech company Selecta used the presentation of its first half (H1) 2022 results Wednesday (Aug. 3) to announce its new ESG targets, built around...

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Mastercard Report Shows Consumer Spending Up 11.2% in July
Mastercard Report Shows Consumer Spending Up 11.2% in July
August 04, 2022  |  Consumer Payments

Retail in-store and online consumer spending excluding automotive increased 11.2% year-over-year (YOY) in July across all payment types, with demand and higher prices both contributing...

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Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
August 04, 2022  |  Retail

It is never a good sign when the nation’s largest private employer says it’s cutting jobs at headquarters, especially in an economic environment — and...

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Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
August 04, 2022  |  Omnicommerce

We’ve learned more about how to sell anywhere under any conditions in the past two years than in the prior 20, and more of that...

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