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

Steps to Simplifying Checkout, November Retail Sales Slump

Steps to Simplifying Checkout, November Retail Sales Slump
Steps to Simplifying Checkout, November Retail Sales Slump
December 16, 2021  |  Today In Data

PayPal is relying on trust, choice, ease and fast approvals to streamline the online checkout process. Plus, a dip in department store and electronics purchases...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
December 16, 2021  |  Retail

Organized retail crime is running rampant in the run-up to Christmas. As captured on smartphones and closed-circuit video cameras across the U.S. and splashed all...

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Michaels Taps Affirm for BNPL
Michaels Taps Affirm for BNPL
December 16, 2021  |  Retail

Buy now, pay later (BNPL) platform Affirm on Thursday (Dec. 16) announced it has partnered with arts and crafts retail chain Michaels to allow customers...

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Department Store 2.0: Three Key Trends
Department Store 2.0: Three Key Trends
December 16, 2021  |  Retail

The majority of consumers shop both in-person and virtually. According to PYMNTS data, 88% of consumers make an in-store purchase daily, weekly or monthly. Sixty-three...

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APEXX Global: When Acquirers Compete, Merchants Win
APEXX Global: When Acquirers Compete, Merchants Win
December 16, 2021  |  Payment Methods

Retailers tend to move from one acquirer to another, and most often it’s out of the frying pan, into the fire because they are simply...

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Global Merchants Use Payments to Make Online Shoppers Feel at Home
Global Merchants Use Payments to Make Online Shoppers Feel at Home
December 16, 2021  |  Cross-border Payments

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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Consumers Want to Buy Crypto, Spend Using Points From Rewards Programs
Consumers Want to Buy Crypto, Spend Using Points From Rewards Programs
December 16, 2021  |  Loyalty & Rewards

As digital adoption has accelerated over the past two years, so too have consumer expectations concerning the growing number of loyalty programs they now encounter....

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Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
December 15, 2021  |  Retail

Lowe’s had a disappointing sales outlook for investors this week, with the company bringing up concerns that the pandemic’s increase in DIY projects is now...

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