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)

Data Collaboration: Unlocking Growth and Efficiency in 2024
Data Collaboration: Unlocking Growth and Efficiency in 2024
January 12, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Social Media Personalities Gain Brand Partnerships for Rejecting Trends
Social Media Personalities Gain Brand Partnerships for Rejecting Trends
January 12, 2024  |  Retail

In the world of social media, influencers have been joined by deinfluencers. These emerging social media personalities are challenging the fast fashion movement and encouraging...

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Report: Shein’s Filing With Chinese Regulator Could Delay IPO Plans
Report: Shein’s Filing With Chinese Regulator Could Delay IPO Plans
January 12, 2024  |  IPO

Shein is reportedly seeking approval from a Chinese regulator to go public in the United States. The online fashion company, which is based in Singapore...

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Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
January 12, 2024  |  Retail

From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers...

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CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
January 12, 2024  |  Supply Chain

Like all chains, supply chains are only as strong as their weakest link.  Only, unlike most physical chains, identifying the weakest link in a complicated...

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Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024  |  Retail

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their...

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Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
January 11, 2024  |  SMBs

With prices at high levels most of the year and with the overall economy recording moderate growth, 2023 was a challenging year for businesses, especially...

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Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
January 11, 2024  |  Investments

Sway, formerly known as ReturnMates, has rebranded and raised $19.5 million in a Series A round to build a “customer-centric” delivery and returns platform.  The...

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Amazon’s Buy With Prime Expansion Has Potential to Remake the eCommerce Landscape 
Amazon’s Buy With Prime Expansion Has Potential to Remake the eCommerce Landscape 
January 11, 2024  |  eCommerce

In recent years, Amazon’s Buy With Prime program has undergone significant expansions, transforming the landscape for both the eCommerce giant and the retailers who join...

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