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

Macy’s CEO Still Undecided About Separating eCommerce Division

Macy’s CEO Still Undecided About Separating eCommerce Division
Macy’s CEO Still Undecided About Separating eCommerce Division
November 19, 2021  |  Retail

Macy’s CEO Jeff Gennette on Thursday (Nov. 18) told CNBC’s Jim Cramer during an interview on “Mad Money” that the company hasn’t decided whether it...

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Nike Creates Virtual World Within Roblox
Nike Creates Virtual World Within Roblox
November 19, 2021  |  Retail

Nike on Thursday (Nov. 18) announced the launch of its foray into the metaverse, calling its Roblox-fueled immersive 3-D experience Nikeland. The space allows Nike...

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Commerce Gets Even More Social With Facebook Groups Shopping Upgrade
Commerce Gets Even More Social With Facebook Groups Shopping Upgrade
November 19, 2021  |  Retail

As social commerce continues to move toward becoming just another way for consumers to shop, social media networks are working to embed shopping even more...

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Farfetch CEO: Luxury Retail Will be ‘Revolutionized’ by Blending Digital, Physical Experiences
Farfetch CEO: Luxury Retail Will be ‘Revolutionized’ by Blending Digital, Physical Experiences
November 19, 2021  |  Retail

Executives at luxury retail platform Farfetch say next year will be a critical juncture in expanding beyond its core marketplace and developing deeper relationships within...

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AMZN vs. WMT Weekly: Grocery Strength Likely Won’t Help Walmart Keep Amazon at Bay
AMZN vs. WMT Weekly: Grocery Strength Likely Won’t Help Walmart Keep Amazon at Bay
November 19, 2021  |  Retail

One of the most noteworthy aspects of Walmart’s quarterly earnings release earlier this week was the $3.6 billion growth in food sales between July and...

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Inventory Shortages Could Make Holiday 2021 The Year of the Gift Card
Inventory Shortages Could Make Holiday 2021 The Year of the Gift Card
November 19, 2021  |  Payment Methods

It’s a week before Black Friday, and sales of prepaid gift cards have already started to surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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To Compete With Amazon, Department Stores Need to Think Like a Marketplace
To Compete With Amazon, Department Stores Need to Think Like a Marketplace
November 19, 2021  |  Retail

After years of decline, department stores are seeing a resurgence in traffic, with Mastercard SpendingPulse projecting they’ll see 40% year-over-year growth over the week of...

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Data Unlocks New Path to Purchase for Online Merchants
Data Unlocks New Path to Purchase for Online Merchants
November 19, 2021  |  Retail

Since the beginning of the pandemic, there have been two categories of merchants in terms of how they have been impacted and how they see...

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Merchants Stand to Lose $2.2 Billion By Not Offering Consumers a Better Subscription Experience
Merchants Stand to Lose $2.2 Billion By Not Offering Consumers a Better Subscription Experience
November 19, 2021  |  Subscription Commerce

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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