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

Rent the Runway Benefits From Boost in Weddings, Social Gatherings, Travel

Rent the Runway Benefits From Boost in Weddings, Social Gatherings, Travel
Rent the Runway Benefits From Boost in Weddings, Social Gatherings, Travel
June 10, 2022  |  Retail

More people enjoyed weddings, social gatherings and increased travel during the first quarter of fiscal year 2022, leading to a record active subscriber count for...

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Morocco’s Chari Buys Retail App Diago
Morocco’s Chari Buys Retail App Diago
June 10, 2022  |  Acquisitions

Moroccan B2B eCommerce platform Chari has acquired Diago, a retail app based and operating in the Ivory Coast city of Abidjan. Get the Full Story...

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Stitch Fix Cuts Workforce as Customers Leave
Stitch Fix Cuts Workforce as Customers Leave
June 10, 2022  |  Retail

Artificial intelligence (AI)-powered personal styling site Stitch Fix continues to struggle to retain existing customers and captivate new ones, leading the company to slash about...

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AMZN vs WMT Weekly: Retailers Focus on Holding the Right Inventory
AMZN vs WMT Weekly: Retailers Focus on Holding the Right Inventory
June 10, 2022  |  Retail

After a year of sparse shelves, rampant out-of-stocks and a strained holiday season that saw seasonal sales pulled back to Halloween, it is understandable that...

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PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
June 10, 2022  |  Retail

Today is Friday, June 10, and banks are happy that people are finally using credit cards again and letting the balances rack up interest. But...

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Today in the Connected Economy: Google Investing $1.2B in LatAm
Today in the Connected Economy: Google Investing $1.2B in LatAm
June 09, 2022  |  Connected Economy

Today in the connected economy, Google makes a five-year, $1.2 billion commitment to Latin America that includes building the longest underwater cable in the world....

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Amazon Adds Virtual Try-On for Shoes
Amazon Adds Virtual Try-On for Shoes
June 09, 2022  |  eCommerce

The world’s largest retailer is using artificial intelligence (AI)-based innovation to drive eCommerce sales, as Amazon on Thursday (June 9) debuted Virtual Try-On for Shoes,...

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EMEA Daily: Western Union, Mambu Partner on Digital Banking
EMEA Daily: Western Union, Mambu Partner on Digital Banking
June 09, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, Western Union teams up with cloud banking platform Mambu to provide digital banking products...

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Today in Retail: Tommy Bahama, Lilly Pulitzer Get Sales Bumps; Walmart Picks 1,200 Open Call Participants
Today in Retail: Tommy Bahama, Lilly Pulitzer Get Sales Bumps; Walmart Picks 1,200 Open Call...
June 09, 2022  |  Retail

Today in retail, 60% of UAE shoppers use their smartphones while shopping in stores, and Amazon is expanding its Luxury division to five European countries....

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