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

Private-Label Brands Gain in Popularity as Consumers Prioritize Value

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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QVC Group Looks to Social Commerce and TJX Continues Value Strategy Success
QVC Group Looks to Social Commerce and TJX Continues Value Strategy Success
February 28, 2025  |  Earnings

Ongoing financial pressure has forced many consumers to live paycheck-to-paycheck, prompting retailers to adjust their strategies to meet the demands of cost-conscious shoppers. With inflation...

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Temu Partners With Nuvei to Expand Access to Local Payment Methods
Temu Partners With Nuvei to Expand Access to Local Payment Methods
February 28, 2025  |  Payment Methods

Global online marketplace Temu has partnered with Canadian FinTech company Nuvei to provide Temu customers worldwide with greater access to local payment methods. Get the Full Story Complete the...

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