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

Turning Retail’s Return Problem Into Its Next Reinvention Opportunity

Turning Retail’s Return Problem Into Its Next Reinvention Opportunity
Turning Retail’s Return Problem Into Its Next Reinvention Opportunity
May 26, 2021  |  Retail

One of the unanticipated and expensive consequences of consumers’ great digital commerce shift has been an explosion of retail returns clogging the system, but a...

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KFC To Triple Global Store Count Amid Chicken Sandwich Wars
KFC To Triple Global Store Count Amid Chicken Sandwich Wars
May 26, 2021  |  Restaurant innovation

In the ongoing chicken sandwich wars, Colonel Sanders is leading his brigade into battle. Specifically, Yum! Brands executives announced on Tuesday (May 25) that KFC...

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It’s On: Amazon Confirms $8.5 Billion MGM Acquisition That Will Roil Streaming Video Space
It’s On: Amazon Confirms $8.5 Billion MGM Acquisition That Will Roil Streaming Video Space
May 26, 2021  |  Retail

The worst-kept secret in Hollywood was confirmed Wednesday morning (May 26) when Amazon announced that it had reached an $8.45 billion deal to acquire 100-year-old...

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Bright Spots In Retail And Digital Banking
Bright Spots In Retail And Digital Banking
May 26, 2021  |  Today In Data

A surge in sales to business customers, coupled with declining pandemic-related costs, fueled AutoZone’s latest quarterly results. The auto parts retailer said the firm’s DIY business...

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Dick’s Outlines Bold, Experiential Retail Future After Record Q1 Results
Dick’s Outlines Bold, Experiential Retail Future After Record Q1 Results
May 26, 2021  |  Retail

Consumers are enjoying — and keeping — the active lifestyle changes they made during the pandemic, Dick’s Sporting Goods said on Wednesday (May 26) as...

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eCommerce Gifting Platform Snappy Notches $70 Million
eCommerce Gifting Platform Snappy Notches $70 Million
May 26, 2021  |  Retail

Snappy, an eCommerce gifting platform, wrapped up a $70 million Series C funding round, bringing the firm’s overall funding to in excess of $100 million....

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Bed Bath & Beyond Bolsters Same-Day Delivery Via DoorDash Collaboration
Bed Bath & Beyond Bolsters Same-Day Delivery Via DoorDash Collaboration
May 26, 2021  |  Retail

Bed Bath & Beyond has bolstered its same-day delivery services domestically via a collaboration with DoorDash. The latter company’s white-label fulfillment platform, DoorDash Drive, will...

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Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
May 26, 2021  |  Retail

High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to...

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Newegg, Quadpay Debut BNPL Option For eTailer’s Customers
Newegg, Quadpay Debut BNPL Option For eTailer’s Customers
May 25, 2021  |  Buy Now Pay Later

Quadpay, which works in buy now, pay later (BNPL) services, has teamed with eTailer Newegg, according to a press release. The partnership will give Newegg...

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