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

More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars

More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
April 14, 2022  |  Retail

Fashion brands are retaking resale, having watched a host of players make it big in the burgeoning “pre-loved” segment that’s putting green into apparel —...

READ MORE >
Today in Retail: Walmart Still Leads Amazon in Food Spending; Contextual Rewards Help Consumers Overlook Inflation
Today in Retail: Walmart Still Leads Amazon in Food Spending; Contextual Rewards Help Consumers Overlook...
April 14, 2022  |  Retail

Today in retail, Affirm teams up with Poshmark on flexible payments program for shoppers. Plus, digital rewards increase brand loyalty, and Rent the Runway is...

READ MORE >
Peloton Hikes Subscription Fees, Cuts Hardware Costs
Peloton Hikes Subscription Fees, Cuts Hardware Costs
April 14, 2022  |  Fitness

Peloton will cut the price of its three main connect fitness products while hiking the cost of its subscription in an attempt to generate more...

READ MORE >
Rite Aid Posts Strong Year Amid Shuttering Unprofitable Stores
Rite Aid Posts Strong Year Amid Shuttering Unprofitable Stores
April 14, 2022  |  Retail

Rite Aid reported a strong close to the 2022 fourth quarter and full year, while also eyeing an outlook in 2023 that leads to the...

READ MORE >
ACI’s 2022 Commerce Innovation Hotlist
ACI’s 2022 Commerce Innovation Hotlist
April 14, 2022  |  Opinion

Retailers are bouncing back after two years of frenetic change. In the PYMNTS eBook, “Endemic Economics: 32 Payments Execs on the ‘Next Normal’ That Never...

READ MORE >
US Consumers Spend 10x More on Groceries at Walmart Than Amazon
US Consumers Spend 10x More on Groceries at Walmart Than Amazon
April 14, 2022  |  Retail

Last year, Amazon captured almost five times the share of U.S. household spending on electronics, appliances, sporting goods, hobbies, music and books than Walmart. Get...

READ MORE >
Amazon’s Andy Jassy Hints More Prime Benefits on the Way
Amazon’s Andy Jassy Hints More Prime Benefits on the Way
April 14, 2022  |  Amazon

In his first letter to shareholders since taking the reins from Jeff Bezos in July, Amazon President and CEO Andy Jassy provided a history lesson...

READ MORE >
Smartphones and Contextual Rewards Soothe Inflation’s Sticker Shock and Close the Sale
Smartphones and Contextual Rewards Soothe Inflation’s Sticker Shock and Close the Sale
April 14, 2022  |  Retail

Each and every one of us — no matter the income bracket — is aware of just how much prices at the pump, in the...

READ MORE >
Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
April 14, 2022  |  Retail

Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by...

READ MORE >