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

Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
March 06, 2024  |  eCommerce

As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go...

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Nordstrom Looks to Digital Transformation to Drive Premium Sales
Nordstrom Looks to Digital Transformation to Drive Premium Sales
March 05, 2024  |  Earnings

As Nordstrom looks to return its full-priced banner to revenue growth, the department store chain is turning to digital technology to meet upscale shoppers’ increasing...

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Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
March 05, 2024  |  eCommerce

For eCommerce customers who prefer to shop at will versus scheduling auto-fill deliveries, PYMNTS Intelligence reveals, having control over how they use their time each...

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Target Launches Prime-Like Membership as Same-Day Delivery Proves a Bright Spot
Target Launches Prime-Like Membership as Same-Day Delivery Proves a Bright Spot
March 05, 2024  |  Earnings

Target is revamping its Target Circle program to look more like, say, an Amazon Prime or a Walmart+ — a move that comes as same-day delivery sales rise, while other channels take...

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Stitch Fix Looks to 360° Shopper Insights to Recharge Growth
Stitch Fix Looks to 360° Shopper Insights to Recharge Growth
March 05, 2024  |  Earnings

As Stitch Fix takes a hit amid its ongoing transformation, the online personal styling service is using its comprehensive insights about its customers to drive loyalty going...

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Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
March 05, 2024  |  Retail

Two reports from opposite sides of the globe confirmed that in-store and online shopping are intertwined at their best, and retailers need to offer seamless...

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ThredUp Uses AI to Take the Guesswork Out of Secondhand Shopping
ThredUp Uses AI to Take the Guesswork Out of Secondhand Shopping
March 05, 2024  |  Earnings

While thrifting has typically demanded consumers be open to some degree of randomness and discovery, ThredUp is using artificial intelligence search capabilities to improve the relevance and...

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Retail Payments Acceptance Presents Innovation Roadblocks
Retail Payments Acceptance Presents Innovation Roadblocks
March 05, 2024  |  Payments Innovation

Among the many payment acceptance tools now available, embedded solutions provided by a variety of payment facilitators (PayFacs) have become increasingly popular among marketplaces and...

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Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
March 04, 2024  |  Acquisitions

Razor Group has acquired Perch in a deal that consolidates two online brand aggregators. Get the Full Story Complete the form to unlock this article and...

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