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)

Gen Z Favors Brands vs Retailers for Card-Linked Offers
Gen Z Favors Brands vs Retailers for Card-Linked Offers
December 26, 2023  |  Retail

Retailers and brands are constantly seeking ways to foster customer loyalty and generate new sources of sales. One effective strategy is to leverage item-level receipt...

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Retailers Wrestle With ‘Trillion Dollar Problem’ of Returns
Retailers Wrestle With ‘Trillion Dollar Problem’ of Returns
December 26, 2023  |  Retail

The holiday shopping season has come to a close. The holiday returns season has just begun, and if past years are any indication, consumers could be...

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Holiday Online Retail Sales Jump 6.3% Amid ‘Deliberate’ Spending
Holiday Online Retail Sales Jump 6.3% Amid ‘Deliberate’ Spending
December 26, 2023  |  Retail

American consumers upped their holiday spending this year, doing a lot of that spending online. That’s according to preliminary results from Mastercard’s SpendingPulse released Tuesday (Dec....

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LTK Says Everybody Wants to Become a Creator, but Is That a Good Thing?
LTK Says Everybody Wants to Become a Creator, but Is That a Good Thing?
December 26, 2023  |  Retail

The urge to play “creator” has spread like wildfire through our culture. People from all walks of life are itching to share their stories, skills...

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A PYMNTS Holiday Poem
A PYMNTS Holiday Poem
December 25, 2023  |  Opinion

To the tune of “White Christmas”    I’m dreaming of a frictionless transaction, With total instant payments satisfaction, Where digital wallets sync, And shoppers link,...

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Creating a White Christmas, Even When Mother Nature Plays Scrooge
Creating a White Christmas, Even When Mother Nature Plays Scrooge
December 23, 2023  |  Retail

Dreaming of a white Christmas this year? Sadly for those who are, it seems that most U.S. citizens won’t get their snow-filled wish. Before we...

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Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
December 22, 2023  |  Retail

As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction...

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Insomniac Reports Data Breach Involving Employee Information, Game Development Details
Insomniac Reports Data Breach Involving Employee Information, Game Development Details
December 22, 2023  |  Security & Fraud

Sony-owned video-game studio Insomniac released a statement Friday (Dec. 22) about a data breach that became known earlier this month. “We’re both saddened and angered...

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Year in Review: Social Media eCommerce Has Not Yet Caught On
Year in Review: Social Media eCommerce Has Not Yet Caught On
December 22, 2023  |  eCommerce

Social platforms such as TikTok, Facebook and Instagram have made it quicker and easier for consumers worldwide to share their shopping stories and start retail...

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