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

Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for Amazon
Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for Amazon
June 30, 2023  |  Retail

Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. Get the Full Story Complete the form to unlock...

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Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
June 29, 2023  |  Retail

While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on...

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BOPIS and Wearables Now Permanent Part of Consumer Everyday Routine
BOPIS and Wearables Now Permanent Part of Consumer Everyday Routine
June 29, 2023  |  Consumer Insights

Although the emergency has been officially over since May, these habits persist.  Get the Full Story Complete the form to unlock this article and enjoy...

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Rite Aid Rides Ozempic Wave but Fails to Profit  
Rite Aid Rides Ozempic Wave but Fails to Profit  
June 29, 2023  |  Retail

During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.  Get the...

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Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
June 29, 2023  |  Restaurant innovation

As consumers increasingly purchase ready-to-eat meals where once they would have ordered food for takeout, Panera Bread is taking an “if you can’t beat ‘em,...

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Shein Denies Report of Confidential Registration for IPO in US
Shein Denies Report of Confidential Registration for IPO in US
June 29, 2023  |  Retail

Shein has denied a media report that it has registered for an initial public offering (IPO) in New York. Get the Full Story Complete the...

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Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
June 29, 2023  |  Earnings

As year-over-year grocery inflation normalizes, lapping last year’s spikes, consumers continue to cut back where possible, spices and seasonings giant McCormick observes, but many grocery...

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Overstock.com Rebrands Following Bed Bath and Beyond Purchase
Overstock.com Rebrands Following Bed Bath and Beyond Purchase
June 29, 2023  |  Acquisitions

Overstock.com is changing its name. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Amazon Faces Broadscale FTC Antitrust Suit
Amazon Faces Broadscale FTC Antitrust Suit
June 29, 2023  |  ANTITRUST

A federal regulator is reportedly preparing a wide-ranging antitrust suit against Amazon. Get the Full Story Complete the form to unlock this article and enjoy...

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