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

February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up

February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
March 16, 2021  |  Retail

Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark...

READ MORE >
eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
March 16, 2021  |  eCommerce

A trillion dollars is a lot of money, by any stretch of the imagination. Now it’s a bit of a benchmark, perhaps a psychological one....

READ MORE >
Walmart Looks To Spruce Up Clothing Sales; Hires Designer Brandon Maxwell
Walmart Looks To Spruce Up Clothing Sales; Hires Designer Brandon Maxwell
March 16, 2021  |  Retail

The world’s largest retailer has brought on A-list celebrity designer Brandon Maxwell to bring life — and sales — into two of its private-label brands,...

READ MORE >
Bright Spots In Retail And Economy Amid The Pandemic
Bright Spots In Retail And Economy Amid The Pandemic
March 16, 2021  |  Today In Data

Swedish fashion retailer H&M has reported that most of its global stores have reopened after pandemic-related closures. In eCommerce, Walmart appears to have a much greater share of the total food...

READ MORE >
Target Leads ‘Store Within A Store’ Trend As Retailers Show New Love For Old Tactic
Target Leads ‘Store Within A Store’ Trend As Retailers Show New Love For Old Tactic
March 16, 2021  |  Retail

When Target announced it was “extending and expanding” its relationship with Apple last month, it was not just about carving out more space to sell more iPhone...

READ MORE >
eCommerce Fulfillment Tech Firm Flowspace Notches $31 Million
eCommerce Fulfillment Tech Firm Flowspace Notches $31 Million
March 16, 2021  |  Retail

Fulfillment technology platform Flowspace landed $31 million in new funding. BuildGroup headed up the Series B investment, with current investors also participating, according to a...

READ MORE >
DICK’S Sporting Goods Introduces VRST Clothing Brand
DICK’S Sporting Goods Introduces VRST Clothing Brand
March 16, 2021  |  Retail

DICK’S Sporting Goods has rolled out its VRST athletic clothing brand, which is developed for the “modern active man who lives life on the go,”...

READ MORE >
Deep Dive: How BNPL Solutions Are Answering Gen Z’s And Millennials’ Financial Needs
Deep Dive: How BNPL Solutions Are Answering Gen Z’s And Millennials’ Financial Needs
March 16, 2021  |  Buy Now Pay Later

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Smaller Grocery Delivery Services Specialize to Stand Out Against Retail Giants
Smaller Grocery Delivery Services Specialize to Stand Out Against Retail Giants
March 15, 2021  |  eCommerce

As consumers adopt digital ordering and delivery services to fulfill more and more of their routine needs, a wide range of businesses are trying their...

READ MORE >