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

Shopify, Amazon and Google Heat Up AI Retail Race
Shopify, Amazon and Google Heat Up AI Retail Race
November 08, 2024  |  Artificial Intelligence

Tech players are positioning themselves in artificial intelligence-powered retail, with Coveo adding personalization tools to Shopify Plus stores and Amazon founder Jeff Bezos investing $400...

READ MORE >
New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
November 08, 2024  |  Retail

Amazon’s latest move into the grocery sector, through a new partnership with Mexican grocery delivery startup Jüsto, signals its push to expand its food and...

READ MORE >
Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
November 08, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores, according to the PYMNTS Intelligence report “SMB Growth...

READ MORE >
Report: BNPL and Loyalty Features Top List of Embedded Finance Priorities at Retail
Report: BNPL and Loyalty Features Top List of Embedded Finance Priorities at Retail
November 08, 2024  |  eCommerce

  Firms are continuously enhancing their payments acceptance offerings to meet customers’ expectations for smooth online buying experiences. Embedded finance innovation has become crucial for...

READ MORE >
Amazon Unveils Immersive Virtual Holiday Shopping Platform
Amazon Unveils Immersive Virtual Holiday Shopping Platform
November 07, 2024  |  Amazon

Amazon is rolling out the Virtual Holiday Shop, a new digital space for consumers looking to spend for the upcoming holiday season. Powered by Amazon...

READ MORE >
AI Firms Join Forces With eCommerce Giants to Improve Shopper Conversion
AI Firms Join Forces With eCommerce Giants to Improve Shopper Conversion
November 07, 2024  |  artificial intelligence

Coveo’s recent partnership with Shopify highlights a trend of artificial intelligence (AI) companies teaming up with eCommerce platforms to enhance customer engagement. Through this new...

READ MORE >
Boar’s Head Recall and Store Closures Eat Into Ahold Delhaize Sales
Boar’s Head Recall and Store Closures Eat Into Ahold Delhaize Sales
November 07, 2024  |  Earnings

Grocery giant Ahold Delhaize saw quarterly sales dip amid product recalls and store closures. The company’s quarterly earnings, released Thursday (Nov. 7), showed net sales in the U.S....

READ MORE >
More Than Half of Consumers Want Smarter Shopping Experiences
More Than Half of Consumers Want Smarter Shopping Experiences
November 07, 2024  |  Retail

Consumer expectations around shopping are changing, with higher demand for personalized, artificial intelligence (AI)-driven experiences that offer convenience, customization and efficiency. A PYMNTS Intelligence report,...

READ MORE >
Report: EU Questions Retailers in Visa and Mastercard Fee Controversy
Report: EU Questions Retailers in Visa and Mastercard Fee Controversy
November 06, 2024  |  ANTITRUST

The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out questionnaires to retailers and payment...

READ MORE >