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

Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive 2022

Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive 2022
Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive...
February 28, 2022  |  Retail

Today in retail, Target is increasing its starting hourly pay to $24 in some markets, while eBay could soon accept cryptocurrency. Plus, Etsy picks up...

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Today in Data: Connected Fitness Market Ramps Up; Brookfield Adds Klarna BNPL; Target Masters Curbside Pickup and Delivery
Today in Data: Connected Fitness Market Ramps Up; Brookfield Adds Klarna BNPL; Target Masters Curbside...
February 28, 2022  |  Today In Data

Today in Data, Klarna and Brookfield Properties partner on a buy now, pay later (BNPL) option for 150 mall properties. Plus, the connected fitness market...

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Retail Wage War Escalates as Target Offers $24/Hour in Competitive Markets
Retail Wage War Escalates as Target Offers $24/Hour in Competitive Markets
February 28, 2022  |  Retail

Calling it “the next step” in an ongoing effort to raise the wages of hourly employees, Target announced Monday (Feb. 28) that it would boost starting...

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Party City Focuses on in-Store Experience, Customer Engagement
Party City Focuses on in-Store Experience, Customer Engagement
February 28, 2022  |  Earnings

Party goods company Party City said its commitment to enhancing its in-store experience for customers helped it meet fourth-quarter expectations, and it plans to ramp...

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Etsy Wipes Out $4M in Ukrainian Seller Balances
Etsy Wipes Out $4M in Ukrainian Seller Balances
February 28, 2022  |  International

Crafts-focused marketplace Etsy on Monday (Feb. 28) canceled all balances owed by sellers in Ukraine on its platform, totaling almost $4 million in listing fees,...

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Overstock CEO: More Photos, Videos, Metaverse-Like AR Needed to Cut Furniture Returns
Overstock CEO: More Photos, Videos, Metaverse-Like AR Needed to Cut Furniture Returns
February 28, 2022  |  Retail

At a time when rising freight and handling costs are complicating already lean inventory levels and compressed delivery times, retailers have never been more interested,...

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eBay Could Announce Decision on Crypto Payments March 10
eBay Could Announce Decision on Crypto Payments March 10
February 28, 2022  |  Cryptocurrency

As eBay moves towards reaching a wider customer base of Gen Z and millennials, it’s concurrently doing a deep dive on the feasibility of integrating...

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The Value of Consumer Certainty in Driving Digital Transformation
The Value of Consumer Certainty in Driving Digital Transformation
February 28, 2022  |  Consumer Insights

There has been so much written over the last two years about the consumer’s great shift to digital – and PYMNTS has contributed our fair...

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Integrating Cross-Border Payments, eCommerce Solutions Smooths Path to International Sales
Integrating Cross-Border Payments, eCommerce Solutions Smooths Path to International Sales
February 28, 2022  |  Cross Border Commerce

As the pandemic does a slow fadeout, eCommerce companies are increasingly looking to expand their cross-border reach without taking on the administrative and payments headaches...

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