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

Report: LVMH CEO Bernard Arnault Faces Money Laundering Investigation
Report: LVMH CEO Bernard Arnault Faces Money Laundering Investigation
September 29, 2023  |  Legal

French billionaire Bernard Arnault, the CEO of luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE, is reportedly under investigation for possible money laundering. Get the Full...

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StockX Steps Up Its Game With an Immersive In-Store Buying Experience 
StockX Steps Up Its Game With an Immersive In-Store Buying Experience 
September 29, 2023  |  Retail

Back in May, PYMNTS reported that Foot Locker was planning to utilize concept stores as experimental venues for exploring localization efforts aimed at establishing stronger...

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Nike and the Travis Kelce Jersey Effect
Nike and the Travis Kelce Jersey Effect
September 29, 2023  |  Retail

The Sunday (Sept. 24) outing of Taylor Swift to watch Kansas City Chiefs’ standout Travis Kelce on the football field wasn’t just a topic of...

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Walmart Hopes Third-Party Marketplace Will Snag Holiday Spend From Amazon
Walmart Hopes Third-Party Marketplace Will Snag Holiday Spend From Amazon
September 29, 2023  |  Retail

With the holiday season on the horizon, retail behemoths such as Walmart and Amazon are preparing to capture the attention and spending of consumers across...

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Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
September 29, 2023  |  eCommerce

The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm...

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1 in 5 Shoppers Pay for Groceries in Installments
1 in 5 Shoppers Pay for Groceries in Installments
September 28, 2023  |  Consumer Insights

With consumers’ economic challenges continuing to limit their spending, many are turning to installment plans just to afford groceries, PYMNTS Intelligence reveals. Get the Full...

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Grocery Shoppers Not Only Trade Down but Now Cut Back
Grocery Shoppers Not Only Trade Down but Now Cut Back
September 28, 2023  |  Economy

As consumers’ economic challenges persist even with grocery inflation declining, brands and merchants alike are seeing consumers pull back on food and beverage purchasing. Get...

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Visa: New Fraud Dispute Rules Will Save Merchants ‘Billions’
Visa: New Fraud Dispute Rules Will Save Merchants ‘Billions’
September 28, 2023  |  VISA

Visa says it has made it easier for merchants to fight so-called “friendly fraud.” Get the Full Story Complete the form to unlock this article and...

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Chewy Co-Founder Ryan Cohen Named CEO of GameStop
Chewy Co-Founder Ryan Cohen Named CEO of GameStop
September 28, 2023  |  Personnel

GameStop has named Chewy co-founder Ryan Cohen as its president, CEO and chairman. Get the Full Story Complete the form to unlock this article and...

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