Retail sales

Recommerce Heats Up as Consumers Feel Inflation’s Pinch
Recommerce Heats Up as Consumers Feel Inflation’s Pinch
March 27, 2023  |  Retail

Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the...

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Baby Jack & Co. CEO on Taking Kids Toys and Easy Checkout From Zero to Global in 13 Years
Baby Jack & Co. CEO on Taking Kids Toys and Easy Checkout From Zero to...
March 24, 2023  |  Payment Methods

Small and midsized businesses (SMBs) that succeed face the same hurdles as big ones, from brand trust to providing seamless online checkout and other services...

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Snap Helps Businesses Integrate Augmented Reality into Stores
Snap Helps Businesses Integrate Augmented Reality into Stores
March 23, 2023  |  Retail

Snap has launched a program that helps businesses engage with customers via augmented reality (AR). The new AR Enterprise Services (ARES) enables businesses to integrate Snap’s...

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Kream’s Series C Funding Round Boosts Valuation to $742 Million in Reselling Marketplace 
Kream’s Series C Funding Round Boosts Valuation to $742 Million in Reselling Marketplace 
March 23, 2023  |  Retail

Luxury resale platform Kream has secured $168 million in a Series C funding round, valuing the company at approximately $742 million, doubling its previous value of $306...

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Jumia Expands to West Africa With Retailer Leroy Merlin
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023  |  Retail

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. The agreement is part of Jumia’s plan to halve costs and extend its reach...

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Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
March 22, 2023  |  eCommerce

The two-sided network is a simple concept where buyers and sellers come together. Amazon’s moves in recent days spotlight the eCommerce juggernaut’s ambitions to expand...

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Grocerants Make a Comeback as Food Markets Look for New Sales
Grocerants Make a Comeback as Food Markets Look for New Sales
March 21, 2023  |  Restaurant innovation

As consumers seek increasingly convenient food options, restaurants are finding their place in grocery stores. In an interview with PYMNTS, Atul Sood, chief business officer at...

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Easter Spending Projected to Hit Record $24 Billion
Easter Spending Projected to Hit Record $24 Billion
March 20, 2023  |  Retail

Americans will spend a record $24 billion on Easter this year despite ongoing economic pressures. According to a survey released Monday (March 20) by the National Retail Federation (NRF),...

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