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

Tata Secures Majority Stake In Indian Online Grocer BigBasket

Tata Secures Majority Stake In Indian Online Grocer BigBasket
Tata Secures Majority Stake In Indian Online Grocer BigBasket
May 28, 2021  |  International

India’s Tata Sons has acquired a majority stake in online grocery retailer BigBasket. As Reuters reported Friday (May 28), this move puts the firm the...

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Boost In April Consumer Spending Shows Shift To Services Over Goods
Boost In April Consumer Spending Shows Shift To Services Over Goods
May 28, 2021  |  Economy

Consumer spending went up 0.5 percent in April to $80.3 billion, with a $112.6 billion boost in the services sector that helped offset a $32.3...

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Pandemic Or No, To-Go Cocktails Are Here To Stay
Pandemic Or No, To-Go Cocktails Are Here To Stay
May 28, 2021  |  Retail

COVID-19 restrictions may be ending, but some pandemic-related routines are here to stay. Get the Full Story Complete the form to unlock this article and...

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Today In Retail: Caleres’ eCommerce Sales Rise; Stimulus Helps Fuel Ulta Beauty’s Net Sales
Today In Retail: Caleres’ eCommerce Sales Rise; Stimulus Helps Fuel Ulta Beauty’s Net Sales
May 28, 2021  |  Retail

In today’s top retail news, footwear company Caleres reported a rise in total company-owned eCommerce website sales, while Ulta Beauty attributed a rise in net...

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Today In Payments: New Funding Could Value Klarna At $40 Billion; Paytm Eyes $3 Billion IPO
Today In Payments: New Funding Could Value Klarna At $40 Billion; Paytm Eyes $3 Billion...
May 28, 2021  |  News

In today’s top news, a new funding round could value Klarna at $40 billion, and Paytm is reportedly planning a $3 billion initial public offering...

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To Mall Or Not To Mall, That Is The Question Facing Retailers And Consumers
To Mall Or Not To Mall, That Is The Question Facing Retailers And Consumers
May 28, 2021  |  Retail

The evolution of online sales and omnichannel selling is seeing the physical footprint plans of at least two marquee retailers head in different directions. Get...

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The AMZN vs. WMT Weekly: Hello Partners, Goodbye CEO Bezos
The AMZN vs. WMT Weekly: Hello Partners, Goodbye CEO Bezos
May 28, 2021  |  Retail

It was a busy week for the two titans of retail, as the reigning box-store king struck no less than three new partnerships while rival...

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Emerging Developments In Retail And Loyalty
Emerging Developments In Retail And Loyalty
May 28, 2021  |  Today In Data

Best Buy’s earnings showed the positive impact of the stay-at-home economy, with the electronics retailer reporting rising sales in its most recent quarter. In retail trends, discounters...

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Caleres’ eCommerce Sales Climb As Famous Footwear Harnesses Omnichannel
Caleres’ eCommerce Sales Climb As Famous Footwear Harnesses Omnichannel
May 28, 2021  |  Retail

Caleres, whose stable of brands includes names like Famous Footwear and Dr. Scholl’s Shoes, reported that total company-owned eCommerce website sales climbed 21.4 percent in...

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