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

As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
July 18, 2023  |  Economy

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Hollister Overhauls to Tap Impulse Buying Opportunity
Hollister Overhauls to Tap Impulse Buying Opportunity
July 18, 2023  |  Retail

Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired...

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Richemont Confirms China’s Diminishing Role in Luxury Retail 
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023  |  Retail

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry...

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Zalando Introduces Body Measurement Tool to Reduce Returns 
Zalando Introduces Body Measurement Tool to Reduce Returns 
July 18, 2023  |  Retail

To recoup costs for returns, retailers have traditionally relied on tactics such as high restocking fees or charging for returns. However, a new trend is...

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Dollar General Offers Cash Back as Consumers Hunt Low Prices
Dollar General Offers Cash Back as Consumers Hunt Low Prices
July 18, 2023  |  Retail

Dollar General says it wants to help its customers earn cash back on purchases. Get the Full Story Complete the form to unlock this article and...

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Block Sues Visa and Mastercard Over Interchange Fees
Block Sues Visa and Mastercard Over Interchange Fees
July 17, 2023  |  Legal

Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. Get the Full Story Complete the form...

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Lower Prices Win Greater Loyalty From Today’s Fickle Consumer
Lower Prices Win Greater Loyalty From Today’s Fickle Consumer
July 17, 2023  |  Consumer Insights

Maybe it’s hard for parents to pick favorites, but for consumers it’s easy. Get the Full Story Complete the form to unlock this article and...

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The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
July 17, 2023  |  Retail

Jane Birkin, the British-born actress and singer, and the inspiration behind the iconic Hermès handbag that bears her name, died on Sunday (July 16) at...

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Chatbot Adoption Soars as Human Assistance Fades 
Chatbot Adoption Soars as Human Assistance Fades 
July 16, 2023  |  artificial intelligence

Unless you’ve been living under a rock, or haven’t been reading your PYMNTS newsletter, you’ve probably noticed that there’s been a massive shift in the way...

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