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

UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024  |  Banking

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
January 18, 2024  |  Authentication

With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. Get the Full Story Complete the...

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Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024  |  Retail

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  Get the...

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Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
January 18, 2024  |  Retail

Television personality Kim Kardashian has made several ventures into the beauty and makeup market. Get the Full Story Complete the form to unlock this article...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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When It Comes to Customer Experiences, When AI Speaks, Businesses Listen
When It Comes to Customer Experiences, When AI Speaks, Businesses Listen
January 18, 2024  |  Artificial Intelligence

To paraphrase author and customer relationship pioneer Martha Rogers, your customers are the most valuable asset your company has. Without them, you don’t have a...

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Crate & Barrel Proves That Shopping Shared Gift Registries Unlocks New Retail Sales Channel
Crate & Barrel Proves That Shopping Shared Gift Registries Unlocks New Retail Sales Channel
January 18, 2024  |  Retail

Businesses are constantly exploring innovative approaches to enhance the shopping experience for consumers, particularly if it leads to actual purchases. A trending concept is the...

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PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
January 18, 2024  |  Economy

Inflation’s been the main concern for merchants and consumers through the past few years. Get the Full Story Complete the form to unlock this article...

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Gen Z Preference for Shopping Brands’ Sites Presents a $72B Opportunity
Gen Z Preference for Shopping Brands’ Sites Presents a $72B Opportunity
January 18, 2024  |  eCommerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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