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)

BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
December 22, 2023  |  Retail

Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators...

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Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
December 21, 2023  |  Consumer Insights

Chinese consumers are reportedly feeling the effects of the country’s economic downturn.  This downturn, characterized by declining exports, a slowdown in manufacturing and a property...

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Apple Stops Online Sales and Repairs of Smartwatches in Patent Dispute
Apple Stops Online Sales and Repairs of Smartwatches in Patent Dispute
December 21, 2023  |  Apple

Apple stopped selling its latest smartwatches, the Apple Watch Series 9 and Apple Watch Ultra 2, in its online store Thursday (Dec. 21) due on...

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Apple Falls Short in Bid to Stop Watch Ban
Apple Falls Short in Bid to Stop Watch Ban
December 21, 2023  |  Apple

The federal government will not let Apple delay an upcoming ban on Apple Watch imports. The International Trade Commission (ITC) on Wednesday (Dec. 20) denied the company’s appeal of an earlier...

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Centific and Telaid Partner on AI and Computer Vision Solutions
Centific and Telaid Partner on AI and Computer Vision Solutions
December 21, 2023  |  Partnerships

Centific and Telaid partnered to bring artificial intelligence and computer vision solutions to retail and quick-service restaurant establishments. With the collaboration, Telaid, a technology integrator,...

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Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Frasers Group, the British retail conglomerate, has acquired the luxury multibrand retailer for £52 million ($65 million) from private equity...

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New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
December 21, 2023  |  BNPL

Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...

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Apple Plans to Launch Vision Pro Mixed-Reality Headset by February 
Apple Plans to Launch Vision Pro Mixed-Reality Headset by February 
December 20, 2023  |  Apple

Apple is reportedly preparing to launch its Vision Pro mixed-reality headset by February.  The company has been increasing production of the headset at its facilities in China, with...

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AMC Theatres Launches Its Own Brand of Candies
AMC Theatres Launches Its Own Brand of Candies
December 20, 2023  |  Retail

Moviegoers can now buy AMC-branded candies at concession stands in the company’s theaters. The new AMC Cinema Sweets line is available at all AMC theater...

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