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

Amazon’s ‘Just Walk Out’ Cashierless Tech Goes Big With New Grocery Store

Amazon’s ‘Just Walk Out’ Cashierless Tech Goes Big With New Grocery Store
Amazon’s ‘Just Walk Out’ Cashierless Tech Goes Big With New Grocery Store
June 15, 2021  |  Unattended Retail

Got social anxiety after more than a year of quarantining at home? Well, those who live in Seattle will soon be able to pick up...

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Emerging Trends In Consumer Spending And Retail Sales
Emerging Trends In Consumer Spending And Retail Sales
June 15, 2021  |  Today In Data

Low-end retailers like Dollar Tree are betting big on the return to in-person shopping, with new stores and new aesthetics lined up to entice shoppers...

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CVS Pharmacy Revamps ExtraCare Loyalty Program
CVS Pharmacy Revamps ExtraCare Loyalty Program
June 15, 2021  |  Retail

CVS Pharmacy has updated its ExtraCare rewards loyalty program to now offer 2 percent back in ExtraBucks rewards shortly following each transaction instead of having...

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Amid Top Line Growth, Boxed SPAC Deal Hints At Online Grocers’ Profit Challenge
Amid Top Line Growth, Boxed SPAC Deal Hints At Online Grocers’ Profit Challenge
June 15, 2021  |  IPO

For eCommerce firms focusing on groceries: The online sales are there, to be sure, but it’s the logistics and fulfillment that stand as pain points...

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Shopify Offers Shop Pay Checkout System To All Facebook, Google Merchants
Shopify Offers Shop Pay Checkout System To All Facebook, Google Merchants
June 15, 2021  |  eCommerce

Shopify is ringing up a big expansion that will make its Shop Pay “one-click checkout” available to any business selling on Facebook and Google. The...

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Wholesale Fashion Platform JOOR Raises $46 Million
Wholesale Fashion Platform JOOR Raises $46 Million
June 15, 2021  |  Investments

Wholesale fashion platform JOOR has notched $46 million in a Series D funding round led by Macquarie Capital Principal  Finance, with participation from previous backers...

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May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
June 15, 2021  |  Retail

Reports of a red-hot consumer-led rebound were doused Tuesday (June 15) after the Commerce Department reported that May retail sales slid 1.3 percent from the...

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Walgreens Teams With Uber Eats For Same-Day Delivery
Walgreens Teams With Uber Eats For Same-Day Delivery
June 15, 2021  |  Retail

After working with Uber on a new vaccine scheduling option through the Uber app, Walgreens has grown its relationship with the logistics company to provide...

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NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
June 15, 2021  |  Retail

The country’s largest retail trade group says that 97 percent of its members have been impacted by port congestion and shipping delays — with nearly...

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