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

Northern Tool + Equipment Taps Revionics For AI-Driven Pricing

Northern Tool + Equipment Taps Revionics For AI-Driven Pricing
Northern Tool + Equipment Taps Revionics For AI-Driven Pricing
August 12, 2021  |  Retail

Minnesota-based tool and equipment supplier Northern Tool + Equipment will use retail pricing and analytics company Revionics’ artificial intelligence (AI)-powered solutions for pricing optimization, promotions,...

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Today In Retail: Poshmark, thredUP Amp Up Arms Race; Rent-to-Own Fills Gap Left By BNPL
Today In Retail: Poshmark, thredUP Amp Up Arms Race; Rent-to-Own Fills Gap Left By BNPL
August 11, 2021  |  Retail

In today’s top retail news, Poshmark and thredUP are aggressively investing in expanding their respective platforms, while rent-to-own firms make their way in an increasingly...

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Ahold Delhaize Well-Positioned To Capture Worldwide Return To Food-At-Home
Ahold Delhaize Well-Positioned To Capture Worldwide Return To Food-At-Home
August 11, 2021  |  Retail

In the second quarter of 2021, Ahold Delhaize proved resilient against fluctuations in consumer mobility. The multinational grocery giant’s sales held relatively flat, even as...

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With Resale Booming, Platforms Get Aggressive About Attracting Consumers
With Resale Booming, Platforms Get Aggressive About Attracting Consumers
August 11, 2021  |  Retail

The secondhand market continues to boom, as resale platforms Poshmark and thredUP reported in separate earnings announcements on Tuesday (Aug. 10), with both companies doubling...

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Luxury Marketplace Chrono24 Nets $118M In Series C Funding
Luxury Marketplace Chrono24 Nets $118M In Series C Funding
August 11, 2021  |  Retail

Digital luxury watch marketplace Chrono24 announced on Wednesday (Aug. 11) that it has raised more than 100 million euro ($118 million) in a Series C...

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Casper And Purple’s Roadblocks, The RealReal’s Dilemma, Etsy Star Sellers
Casper And Purple’s Roadblocks, The RealReal’s Dilemma, Etsy Star Sellers
August 11, 2021  |  Today In Data

Casper and Purple are looking for alternative ways to get into bed with customers. Plus, The RealReal focuses on business improvement before continuing its retail...

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Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
August 11, 2021  |  Retail

With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume...

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Rent-To-Own Looks For Its Place In A BNPL World
Rent-To-Own Looks For Its Place In A BNPL World
August 11, 2021  |  Retail

Much has been written about buy now, pay later (BNPL) in recent months, and for good reason. Major payments players are stepping in, including Visa,...

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Canada Goose eCommerce Jumps 80 Pct In Fiscal 2022 Q1
Canada Goose eCommerce Jumps 80 Pct In Fiscal 2022 Q1
August 11, 2021  |  Retail

Canada Goose’s eCommerce operation continues to grow, with a jump of more than 80 percent in the first quarter of its 2022 fiscal year after...

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