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 Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023  |  Retail

A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management,...

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Amazon Sues ‘International Fraud Organization’ Over Phony Returns
Amazon Sues ‘International Fraud Organization’ Over Phony Returns
December 10, 2023  |  Amazon

Amazon has sued an international group known as REKK for allegedly stealing millions via fraudulent returns. The suit, filed last week in U.S. District Court in...

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Is White Elephant Gift-Giving Still a Holiday Hit? 
Is White Elephant Gift-Giving Still a Holiday Hit? 
December 09, 2023  |  Retail

Even in the face of inflation, consumers are proving that they won’t “checkout” easily when it comes to tradition. Last week, PYMNTS delved into whether...

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28% of Loyal Subscribers Would Cancel Due to Excessive Promotional Materials
28% of Loyal Subscribers Would Cancel Due to Excessive Promotional Materials
December 08, 2023  |  Subscriptions

With the subscription market becoming increasingly crowded, merchants need to be aware of the factors that may lead to the cancellation of loyal subscribers. PYMNTS...

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Nearly 2 in 5 Consumers Are Tipping Less Due to Dwindling Personal Finances
Nearly 2 in 5 Consumers Are Tipping Less Due to Dwindling Personal Finances
December 08, 2023  |  Consumer Finance

A recent report by PYMNTS Intelligence has shed light on a growing trend among consumers — they are tipping less this year. The “Tipping Over:...

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American Express Launches New Rewards Program in India
American Express Launches New Rewards Program in India
December 08, 2023  |  Credit Cards

American Express has launched Reward Xcelerator, a new initiative aimed at strengthening its Membership Rewards program in India. This program offers Platinum Charge cardmembers the...

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Convenience Stores Tap EV Chargers to Capture Spending
Convenience Stores Tap EV Chargers to Capture Spending
December 08, 2023  |  Retail

Convenience retailers are seizing on the electric vehicle (EV) charging opportunity to drive sales, as consumers wait around with little to do but shop. Last...

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Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...

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Luxury Brands Seek Discreet Ways to Move Goods During Slowdown
Luxury Brands Seek Discreet Ways to Move Goods During Slowdown
December 08, 2023  |  Retail

The luxury industry is reportedly facing a slowdown as shoppers sober up after their pandemic spending spree. This slowdown has left luxury brands with a...

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