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

Target Aims for $15 Billion Revenue Boost, Focuses on Digital and In-Store Experience

Target Aims for $15 Billion Revenue Boost, Focuses on Digital and In-Store Experience
Target Aims for $15 Billion Revenue Boost, Focuses on Digital and In-Store Experience
March 04, 2025  |  Earnings

With cautious consumers making forecasting more difficult, Target on Tuesday (March 4) announced a plan to increase revenue by $15 billion over the next five...

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Best Buy: Tariffs Could Cut Comparable Sales by 1 Point
Best Buy: Tariffs Could Cut Comparable Sales by 1 Point
March 04, 2025  |  Earnings

Best Buy said Tuesday (March 4) that the U.S. tariffs on China that went into effect Feb. 4 could have a negative impact of about...

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Albertsons Says CEO Vivek Sankaran to Retire May 1
Albertsons Says CEO Vivek Sankaran to Retire May 1
March 03, 2025  |  Retail

Albertsons Companies said Monday (March 3) that CEO Vivek Sankaran will retire May 1 and will be succeeded by Executive Vice President and Chief Operations...

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Private-Label Brands Gain in Popularity as Consumers Prioritize Value
Private-Label Brands Gain in Popularity as Consumers Prioritize Value
March 03, 2025  |  Retail

In 2024, the grocery industry saw a dramatic shift as private-label brands — store brands not affiliated with national manufacturers — experienced explosive growth, surpassing...

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Kroger Says CEO Rodney McMullen Resigns Due to ‘Personal Conduct’
Kroger Says CEO Rodney McMullen Resigns Due to ‘Personal Conduct’
March 03, 2025  |  Personnel

Grocery giant Kroger said Monday (March 3) that Chairman and CEO Rodney McMullen resigned from the company after a board investigation of his personal conduct. Get the Full Story...

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JOOR CEO Says Fashion Industry at a Crossroads With Tariffs and Changing Consumer Dynamics
JOOR CEO Says Fashion Industry at a Crossroads With Tariffs and Changing Consumer Dynamics
March 03, 2025  |  B2B Payments

Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base...

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Personalized Products, Digital First: Gen Z Redefines Health and Beauty Purchases
Personalized Products, Digital First: Gen Z Redefines Health and Beauty Purchases
March 03, 2025  |  Consumer Insights

Generation Z, typically defined as people born between 1997 and 2012, is changing how consumers engage with the health and beauty market, according to PYMNTS...

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Smart Salt Shakers and Selfie Toasters: Meet the IoT Devices You Never Knew You Needed
Smart Salt Shakers and Selfie Toasters: Meet the IoT Devices You Never Knew You Needed
March 01, 2025  |  Internet of Things

Here at PYMNTS we cover the Connected Economy as well as banking and payments. You can call it the smart economy or the digital economy....

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Walmart’s McMillon Says Consumers Are Prioritizing Value Purchases
Walmart’s McMillon Says Consumers Are Prioritizing Value Purchases
February 28, 2025  |  Consumer Insights

Walmart CEO Doug McMillon reportedly said Thursday (Feb. 27) that the retailer is seeing signs of stress among consumers due to food prices remaining high. Get...

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