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

The Rise Of Retail Technology And Promotions

The Rise Of Retail Technology And Promotions
The Rise Of Retail Technology And Promotions
June 10, 2021  |  Today In Data

Text messaging upstart Attentive is buying Massachusetts-based Tone, which focuses on artificial intelligence (AI)-enhanced human text message conversations. In marketing, a growing list of counter-offers and promotions from retailers...

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Faire’s Fundraise Pushes Valuation To $7 Billion As Independent Retail Recovers
Faire’s Fundraise Pushes Valuation To $7 Billion As Independent Retail Recovers
June 10, 2021  |  Retail

Faire, an online wholesale marketplace for retailers and brands, has landed $260 million in funding headed up by Sequoia Capital at a valuation of $7...

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Miley Cyrus Becomes Creative Adviser To Hims & Hers
Miley Cyrus Becomes Creative Adviser To Hims & Hers
June 10, 2021  |  Retail

Miley Cyrus has joined telehealth platform Hims & Hers as a creative adviser, according to an announcement. Get the Full Story Complete the form to...

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Klarna Lands $639 Million, Valuing BNPL Company At $45.6 Billion
Klarna Lands $639 Million, Valuing BNPL Company At $45.6 Billion
June 10, 2021  |  Investments

Buy now, pay later (BNPL) company Klarna has landed $639 million in venture funding. In a Thursday (June 10) announcement, the company said it would...

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GameStop’s Post-Meme Transformation Takes Two Steps Forward
GameStop’s Post-Meme Transformation Takes Two Steps Forward
June 10, 2021  |  Retail

In the wake of GameStop’s dual C-suite and better than expected first-quarter earnings announcements Wednesday (June 9), a strange thing happened to the embroiled specialty...

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NEW DATA: Bank-Powered Loyalty Programs Could Help US Main Street Businesses Win 139M Customers
NEW DATA: Bank-Powered Loyalty Programs Could Help US Main Street Businesses Win 139M Customers
June 10, 2021  |  SMBs

Small businesses may be the backbone of the United States economy, but one might not know it from looking at U.S. consumers’ shopping habits. Get...

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Fulfillment Companies Expect eCommerce Boom To Stay Even As Consumers Return To Stores
Fulfillment Companies Expect eCommerce Boom To Stay Even As Consumers Return To Stores
June 09, 2021  |  eCommerce

Logistics providers are expecting a continuation of the eCommerce boom even as the pandemic seems to be ending, The Wall Street Journal (WSJ) reported. Get...

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NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
June 09, 2021  |  Economy

The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5...

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Today In Retail: Casey’s General Stores In-Store Sales Climb; Attentive Plans To Buy Tone
Today In Retail: Casey’s General Stores In-Store Sales Climb; Attentive Plans To Buy Tone
June 09, 2021  |  Retail

In today’s top retail news, Casey’s General Stores reported rising same-store sales, while text messaging upstart Attentive is purchasing Massachusetts-based Tone. Plus, video-streaming network Shopflix...

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