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

Instacart Focuses on Connected Stores as It Cuts 7% of Workforce

Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
February 13, 2024  |  Earnings

Even as Instacart is undergoing major layoffs to cut costs, the company continues to invest in fully digitizing the physical store to boost omnichannel efficiency....

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Report: Walmart Aims to Buy Vizio for $2 Billion
Report: Walmart Aims to Buy Vizio for $2 Billion
February 13, 2024  |  Partnerships

Walmart is reportedly in talks to acquire smart television maker Vizio for over $2 billion. Get the Full Story Complete the form to unlock this article and enjoy...

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Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024  |  Retail

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle....

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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  |  BNPL

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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