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

Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
May 13, 2021  |  Retail

In the face of rising online sales and increased social commerce, Walmart said on Thursday (May 13) that it will acquire virtual fitting room firm...

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Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
May 13, 2021  |  Retail

Chinese eCommerce giant Alibaba said it plans to seek growth in new international markets after closing the books on a record year that saw it...

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Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
May 13, 2021  |  Retail

The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and...

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Obstacles And Opportunities In Retail
Obstacles And Opportunities In Retail
May 13, 2021  |  Today In Data

Celebrity-backed The Honest Company made its trading debut on the Nasdaq last week, but shares in the company have declined for a number of days. In retail trends, the...

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Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
May 13, 2021  |  Retail

Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8...

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YETI Reports Soaring Net Sales And Raises 2021 Forecast
YETI Reports Soaring Net Sales And Raises 2021 Forecast
May 13, 2021  |  Retail

YETI reported that net sales jumped by roughly 42 percent to $247.6 million in the three months ended April 3, 2021 from $174.4 million in...

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How L’OCCITANE Is Navigating The Connected Commerce Age With Contactless Technologies, Payment Innovations
How L’OCCITANE Is Navigating The Connected Commerce Age With Contactless Technologies, Payment Innovations
May 13, 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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Kroger Launches Supplier Accelerator Program
Kroger Launches Supplier Accelerator Program
May 12, 2021  |  Retail

Kroger has launched its Go Fresh & Local Supplier Accelerator, a program to connect Kroger with new American suppliers, the grocery giant announced in a...

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Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day Delivery
Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day...
May 12, 2021  |  News

In today’s top news, eBay will offer loans to U.K. small- to medium-sized businesses (SMBs), and Rite Aid will offer same-day delivery through DoorDash. Plus,...

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