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

Gojek Buys Stake In Indonesian Hypermarket Matahari
Gojek Buys Stake In Indonesian Hypermarket Matahari
May 14, 2021  |  Partnerships / Acquisitions

Indonesia’s ride-hailing firm Gojek acquired a 4.76 percent stake in the hypermarket business Matahari Putra Prima from its parent company Multipolar, Nikkei Asia reported.  Get...

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General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
May 14, 2021  |  Partnerships / Acquisitions

General Mills is purchasing Tyson Foods’ pet treats division for $1.2 billion as the food giant bulks up its pet-related offerings in an era of...

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Lightspeed Partners With Google To Boost Bottom Line For Local Merchants
Lightspeed Partners With Google To Boost Bottom Line For Local Merchants
May 14, 2021  |  Retail

Omnichannel commerce platform Lightspeed is teaming up with Google to help local merchants boost revenues as the world reopens post-pandemic.  Get the Full Story Complete...

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Consumers Turn To eCommerce Marketplaces, Debit Cards
Consumers Turn To eCommerce Marketplaces, Debit Cards
May 14, 2021  |  Today In Data

Chinese eCommerce company Alibaba said it plans to look for growth in new global markets after finishing a blockbuster year. And in payment methods, the pandemic is showing the...

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AMZN vs WMT Weekly: Counterfeits, Bad Fits And Market Share Slips
AMZN vs WMT Weekly: Counterfeits, Bad Fits And Market Share Slips
May 14, 2021  |  Retail

Amazon and Walmart took on bad actors, bad fitting clothes and bad optics this week as they jockey to outmaneuver each other ahead of Walmart’s...

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Dillard’s Retail Sales Surge By 73 Pct
Dillard’s Retail Sales Surge By 73 Pct
May 14, 2021  |  Retail

Dillard’s, the apparel and home furnishing retailer, reported that total retail sales surged by 73 percent for the first quarter from the prior year. The firm...

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April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
May 14, 2021  |  Retail

Total retail and food sales stalled in April in the face of rising prices and the absence of $1,400 stimulus checks that fueled a record...

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Ralph Lauren Plans To Sell Club Monaco Brand To Private Equity Firm
Ralph Lauren Plans To Sell Club Monaco Brand To Private Equity Firm
May 14, 2021  |  Retail

Ralph Lauren plans to sell its Club Monaco label to Beverly Hills, Calif.-based private equity firm Regent. The arrangement is anticipated to close by June’s conclusion...

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Deep Dive: Why Supporting A Seamless, Device-Agnostic Payments Experience Is Key For Merchants
Deep Dive: Why Supporting A Seamless, Device-Agnostic Payments Experience Is Key For Merchants
May 14, 2021  |  Consumer Payments

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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