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

Ride-Hailing App Bolt Valued At Nearly $5B After Funding Round

Ride-Hailing App Bolt Valued At Nearly $5B After Funding Round
Ride-Hailing App Bolt Valued At Nearly $5B After Funding Round
August 02, 2021  |  Investments

Uber competitor Bolt is not putting all its eggs in its ride-sharing basket. Instead, the European company is using 600 million euros (nearly $713 million)...

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With Tourism Cut Off, Hong Kong Retailers Suffer
With Tourism Cut Off, Hong Kong Retailers Suffer
August 02, 2021  |  International

With Hong Kong remaining cut off from tourism, retail sales growth has missed expectations, Bloomberg News reported on Monday (August 2). Get the Full Story...

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Square Scoops Up Afterpay In The Most Unsurprising Shock Of The Summer
Square Scoops Up Afterpay In The Most Unsurprising Shock Of The Summer
August 02, 2021  |  Buy Now Pay Later

The race to run buy now, pay later (BNPL) just picked up its pace again, as Square announced plans to purchase BNPL giant Afterpay in...

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Bolt Raises $713M For E-Grocery As Businesses Across Industries Enter The Space
Bolt Raises $713M For E-Grocery As Businesses Across Industries Enter The Space
August 02, 2021  |  Retail

The global online grocery space continues to get more crowded. Not only do new e-grocery companies enter the ring each month, but existing companies from...

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Square, Afterpay Deal Gives SMBs BNPL Boost
Square, Afterpay Deal Gives SMBs BNPL Boost
August 02, 2021  |  Buy Now Pay Later

The first thing you notice about the deal might be the size: $29 billion is an eye-popping number. Get the Full Story Complete the form...

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Rent-A-Center’s Acima Unveils Digital Retail Leasing Platform
Rent-A-Center’s Acima Unveils Digital Retail Leasing Platform
August 02, 2021  |  Retail

Acima, the virtual lease-to-own (LTO) FinTech arm of Rent-A-Center, Inc., on Monday (Aug. 2) rolled out a digital platform focused on improving the retail leasing...

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AI Replacing Retail Staff, Carter’s Tax Credit Boost And Walmart’s Opening
AI Replacing Retail Staff, Carter’s Tax Credit Boost And Walmart’s Opening
August 02, 2021  |  Today In Data

Carter’s benefits briefly from the child tax credit. Plus, AI could answer the labor shortage problem, and we dive into the latest news from Amazon...

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Victoria’s Secret, Bath & Body Works Chart Separate Paths On Similar Trends
Victoria’s Secret, Bath & Body Works Chart Separate Paths On Similar Trends
August 02, 2021  |  Retail

As of today, L Brands is no more. Nearly 60 years after businessman Les Wexner borrowed $10,000 to open The Limited’s first location in Ohio,...

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Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
August 02, 2021  |  Retail

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong...

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