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

Big Lots Blames Inflation for Slow Q1 Sales

Big Lots Blames Inflation for Slow Q1 Sales
Big Lots Blames Inflation for Slow Q1 Sales
May 27, 2022  |  Retail

Discount retailer Big Lots released its quarterly earnings Friday (May 27), showing a rise in eCommerce use but a decrease in sales as consumers wrestled...

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Gap Faces Economic Headwinds in Q1
Gap Faces Economic Headwinds in Q1
May 27, 2022  |  Retail

The ongoing supply chain hangups, increased inflation and remnants of the COVID-19 pandemic conspired to lead apparel retailer Gap Inc. — parent company of Old...

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From Membership Fees to $1.50 Hot Dog Combo, Costco Holds Firm on Low Prices
From Membership Fees to $1.50 Hot Dog Combo, Costco Holds Firm on Low Prices
May 27, 2022  |  Retail

Since its founding in 1976, it’s always been about the prices at Costco.  Get the Full Story Complete the form to unlock this article and...

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PYMNTS AM Radar: Inflation Side Effects; Downside of Fighting Fraud; Modernizing Spend Management; ICYMI
PYMNTS AM Radar: Inflation Side Effects; Downside of Fighting Fraud; Modernizing Spend Management; ICYMI
May 27, 2022  |  Consumer Payments

It’s Friday, May 27, this year’s kick-off to summer beach days, backyard barbecues and vacation plans. It’s also the start of the three-day weekend that...

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Study Finds Debit Card NSF Declines on Rise
Study Finds Debit Card NSF Declines on Rise
May 27, 2022  |  Consumer Finance

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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Fixing Retail’s $600 Billion False Declines Problem When Fighting Fraud
Fixing Retail’s $600 Billion False Declines Problem When Fighting Fraud
May 27, 2022  |  Security & Fraud

Fighting fraud and pushing back cybercriminals has become the central focus of cybersecurity – and for very good reason. Cybercriminals have proven themselves to be...

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US Consumers Boost Buys of Work Clothes, Staples
US Consumers Boost Buys of Work Clothes, Staples
May 26, 2022  |  Retail

Spending at department stores and discount chains has seen an upward trend from American shoppers, in spite of economic conditions, The Wall Street Journal wrote...

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NY Indicts 41 in Alleged Shoplifting Ring That Resold on eBay
NY Indicts 41 in Alleged Shoplifting Ring That Resold on eBay
May 26, 2022  |  Security & Fraud

New York authorities are saying they’ve taken down an organized shopping ring that was stealing high-end items and reaping “millions of dollars,” Financial Times reported...

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Grocery Roundup: Ocado Slashes Growth Predictions; Instacart Looks to Attract, Retain Employees
Grocery Roundup: Ocado Slashes Growth Predictions; Instacart Looks to Attract, Retain Employees
May 26, 2022  |  Retail

In 2020 and 2021, online grocery growth soared. Now, companies in the space are facing major roadblocks on both sides of the Atlantic, as soaring...

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