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

1 in 3 Subscription Merchants Offers Social Media Sign-Ups 
1 in 3 Subscription Merchants Offers Social Media Sign-Ups 
February 13, 2024  |  Subscriptions

As consumers increasingly turn to social media to meet more of their day-to-day needs, a small but significant share of subscription merchants is leveraging these...

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Shein Shines in PYMNTS Provider Ranking of Shopping Apps
Shein Shines in PYMNTS Provider Ranking of Shopping Apps
February 13, 2024  |  Retail

Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps...

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Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024  |  eCommerce

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek...

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Shopify’s Merchant Solutions Revenues Up 21%, Underpinned by Shopify Payments
Shopify’s Merchant Solutions Revenues Up 21%, Underpinned by Shopify Payments
February 13, 2024  |  Earnings

Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. Get the...

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Consumers Flock to BNPL to Pay for Clothing and Accessories
Consumers Flock to BNPL to Pay for Clothing and Accessories
February 13, 2024  |  Buy Now Pay Later

Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later...

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Spending on Sporting Goods Drops, Both Online and In-Store
Spending on Sporting Goods Drops, Both Online and In-Store
February 12, 2024  |  Retail

Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Get the Full Story Complete...

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Misfits Market CEO: D2C Perishables Brands Increasingly Seek Plug-and-Play Fulfillment 
Misfits Market CEO: D2C Perishables Brands Increasingly Seek Plug-and-Play Fulfillment 
February 12, 2024  |  Retail

As direct-to-consumer (D2C) brands increasingly look for ways to cut costs amid ongoing economic challenges, Misfits Market is noting the opportunity to drive more revenue...

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L’Oréal Sees 150% Increase in Virtual Try-Ons as Consumers Seek AR Immersion
L’Oréal Sees 150% Increase in Virtual Try-Ons as Consumers Seek AR Immersion
February 12, 2024  |  Retail

L’Oréal is seeing a rapid uptick in adoption of virtual try-ons, as consumers increasingly seek out mixed-reality technologies that bring real-world-like immersion to online shopping....

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Will NY’s New Limits Herald the End of Credit Card Surcharges?
Will NY’s New Limits Herald the End of Credit Card Surcharges?
February 12, 2024  |  Credit Cards

State by state, limit by limit, the age of credit card surcharges may be drawing to an end. Get the Full Story Complete the form...

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