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

IKEA Launches Furniture Buyback, Emergence of Micro-Influencers, Amazon and Walmart Boost BNPL

IKEA Launches Furniture Buyback, Emergence of Micro-Influencers, Amazon and Walmart Boost BNPL
IKEA Launches Furniture Buyback, Emergence of Micro-Influencers, Amazon and Walmart Boost BNPL
August 31, 2021  |  Today In Data

Micro-influencers are taking the lead in social commerce. Plus, BNPL gains critical mass as Amazon and Walmart jump on board, and IKEA is piloting an...

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Home Furnishings Remain Sore Spot for Walmart Despite Gap Collaboration
Home Furnishings Remain Sore Spot for Walmart Despite Gap Collaboration
August 31, 2021  |  Retail

After losing its market share lead in the furniture and home furnishings category prior to the COVID-19 pandemic, Walmart has struggled to make up any...

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Topps Releases New NFT Collection for MLB
Topps Releases New NFT Collection for MLB
August 31, 2021  |  Retail

Topps on Tuesday (Aug. 31) announced the 2021 Topps MLB Inception NFT Collection, calling it “a brand-new baseball card inspired release” on blockchain platform ToppsNFTs.com....

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Klarna Widens International Partnership With Global-e
Klarna Widens International Partnership With Global-e
August 31, 2021  |  Buy Now Pay Later

Swedish buy now, pay later (BNPL) firm Klarna and cross-border eCommerce platform Global-e on Tuesday (Aug. 31) announced that their global partnership includes flexible payment...

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Kohl’s Expands Augmented Reality Offering for eCommerce
Kohl’s Expands Augmented Reality Offering for eCommerce
August 31, 2021  |  Retail

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

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Today In Retail: Ikea Dipping its Toe in US Secondhand Market; ‘Micro-Influencers’ More Trusted than Celebrities
Today In Retail: Ikea Dipping its Toe in US Secondhand Market; ‘Micro-Influencers’ More Trusted than...
August 30, 2021  |  Retail

In today’s top retail news, Ikea is testing a furniture resale program in Pennsylvania, while retail platform Leap sets its sights on helping open over...

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Mercatus Integrates ‘Instacart Connect’ As Third-Party Marketplaces Tighten Their Hold On Merchants
Mercatus Integrates ‘Instacart Connect’ As Third-Party Marketplaces Tighten Their Hold On Merchants
August 30, 2021  |  eCommerce

Mercatus, an online grocery solution that facilitates orders for 240,000 shoppers a month through retailers including Weis Markets and Save Mart brands, announced Monday (Aug....

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Leap Platform Raises $15M To Boost Store Count To 250 By End of 2022
Leap Platform Raises $15M To Boost Store Count To 250 By End of 2022
August 30, 2021  |  Retail

Retail platform Leap on Monday (Aug. 30) said it will grow its store count by 300 percent this year, with plans to have 50 stores...

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Gap Adds Virtual Try-On Firm, Peloton Faces DOJ Sanctions, Amazon Closes In on Walmart
Gap Adds Virtual Try-On Firm, Peloton Faces DOJ Sanctions, Amazon Closes In on Walmart
August 30, 2021  |  Today In Data

Peloton’s treadmill injury reporting leads to a DOJ subpoena. Plus, Gap has acquired the virtual try-on company Drapr, and we have all the latest news...

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