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

Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000

Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023  |  Retail

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...

READ MORE >
Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
July 18, 2023  |  Legal & Regulation

Apple and Amazon have been fined $218 million for allegedly colluding to block competition on Amazon’s Spanish website. Get the Full Story Complete the form to unlock this...

READ MORE >
Half Magic Leverages ‘Euphoria’ Buzz to Keep Consumers Engaged Amid Inflation
Half Magic Leverages ‘Euphoria’ Buzz to Keep Consumers Engaged Amid Inflation
July 18, 2023  |  Retail

With consumers pulling back on unnecessary purchases amid macroeconomic challenges, direct-to-consumer (D2C) beauty brand Half Magic is seizing on its founder’s wide social following to...

READ MORE >
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

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

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >