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

The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go

The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
July 15, 2022  |  Fraud Prevention

With the surge of credit card transactions during the pandemic is the seemingly inescapable cascade of disputes and chargebacks that eat into profits and create...

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Amazon Could Kill Private Label Unit Accounting for 1% of Sales
Amazon Could Kill Private Label Unit Accounting for 1% of Sales
July 15, 2022  |  Amazon

Amazon could be getting out of the private label business, which only account for about 1% of its retail sales, and has been reducing the...

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Merchants Walk Fine Line Policing $90B of Promotions Abuse
Merchants Walk Fine Line Policing $90B of Promotions Abuse
July 15, 2022  |  Fraud Prevention

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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China’s Fashion Company Shein Eyes 2024 IPO
China’s Fashion Company Shein Eyes 2024 IPO
July 14, 2022  |  IPO

Chinese fast fashion giant Shein is reportedly planning to do an initial public offering (IPO) in the U.S. soon — possibly by 2024, according to...

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Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
July 14, 2022  |  Investments

Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The...

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54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022  |  Retail

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  Get the Full Story Complete the form...

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Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
July 14, 2022  |  Retail

Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in...

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Amazon, Walmart Incentivize eGrocery Spending with Deal Days
Amazon, Walmart Incentivize eGrocery Spending with Deal Days
July 14, 2022  |  Retail

As mega-retailers compete for consumers’ food spending, Amazon is pulling out all stops to minimize Walmart’s grocery lead. During its Prime Day event Tuesday and...

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Amazon, Walmart Lead Retail Innovation as Spiraling Packaging Costs Can’t Be Ignored
Amazon, Walmart Lead Retail Innovation as Spiraling Packaging Costs Can’t Be Ignored
July 14, 2022  |  Retail

As the widespread and indiscriminate impact of inflation puts increasing strain on consumers and businesses alike, retailers and their suppliers have begun to seek savings...

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