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

Product Drops Lure Gen Z Shoppers, Amazon Dominates Black Friday, Cyber Monday’s Metaverse Test

Product Drops Lure Gen Z Shoppers, Amazon Dominates Black Friday, Cyber Monday’s Metaverse Test
Product Drops Lure Gen Z Shoppers, Amazon Dominates Black Friday, Cyber Monday’s Metaverse Test
November 30, 2021  |  Today In Data

Cyber Monday represents the first real test for the metaverse. Plus, why product drops are so important to Gen Z shoppers and direct-to-consumer brands, and...

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With Pop-Ups and Digital Tech, Restaurants Follow in Retail’s Footsteps
With Pop-Ups and Digital Tech, Restaurants Follow in Retail’s Footsteps
November 30, 2021  |  Restaurant innovation

From quick-service to fine dining, restaurants are turning to retail to get a sense of how to engage with consumers’ quick-changing habits and expectations. Take,...

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Nextech AR Debuts 3D Model Creation Platform 
Nextech AR Debuts 3D Model Creation Platform 
November 30, 2021  |  eCommerce

Augmented reality (AR) experience technology and services company Nextech AR Solutions Corp. on Tuesday (Nov. 30) announced the launch of its ARitize 3D SaaS platform,...

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SpotOn Launches Omnichannel Retail Platform
SpotOn Launches Omnichannel Retail Platform
November 30, 2021  |  Omnicommerce

Software and payments provider SpotOn on Tuesday (Nov. 30) debuted an omnichannel solution for retailers and service providers dubbed SpotOn Retail, which allows independent retailers...

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Omicron Threatens to Extend Retailers’ Labor, Supply Chain Woes
Omicron Threatens to Extend Retailers’ Labor, Supply Chain Woes
November 30, 2021  |  Retail

With U.S. inflation above 6% and the new COVID-19 omicron variant quickly emerging across the world, retailers are bracing for the possibility that supply chain...

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Luxury Brands Rush to Own the Resale Experience
Luxury Brands Rush to Own the Resale Experience
November 30, 2021  |  Retail

Each week, it seems, another luxury brand jumps into the secondhand market. Last week, for example, it was Oscar de la Renta; before that, it...

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New Twitter CEO Inherits Lackluster Social Commerce Capabilities
New Twitter CEO Inherits Lackluster Social Commerce Capabilities
November 30, 2021  |  Retail

Jack Dorsey’s surprise announcement on Monday (Nov. 29) that he would be stepping down as CEO of Twitter opens the door for a potential new...

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44% of UK Grocery Shoppers Spend More at Stores With Loyalty Programs
44% of UK Grocery Shoppers Spend More at Stores With Loyalty Programs
November 30, 2021  |  Loyalty & Rewards

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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Gen Z’s More Interested in Extended Warranties Than Product Protection Plans
Gen Z’s More Interested in Extended Warranties Than Product Protection Plans
November 29, 2021  |  Retail

Merchants who want to sell plans that cover product failure and, in some cases, accidental damage should know that marketing language matters. Consumer interest in...

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