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

UK’s Financial Conduct Authority Ups Limit For Contactless Payments

UK’s Financial Conduct Authority Ups Limit For Contactless Payments
UK’s Financial Conduct Authority Ups Limit For Contactless Payments
March 03, 2021  |  Digital Payments

The U.K.’s Financial Conduct Authority (FCA) is increasing the limits on contactless payments to 100 pounds for single transactions and 300 pounds for multiple transactions, according...

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Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021  |  Retail

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while...

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Contextual Commerce Expands Beyond Social Media
Contextual Commerce Expands Beyond Social Media
March 03, 2021  |  Retail

The contextual commerce wave has been building for quite some time. In 2018 — a full two years before the words “global pandemic” became a...

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Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

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Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales Growth
Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales...
March 03, 2021  |  Retail

Dollar Tree, the country’s second-largest operator of discount stores, said Wednesday (March 3) that it is accelerating store growth and renovations this year as it...

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Digital Technology Fuels Retail Sales, Disbursements 
Digital Technology Fuels Retail Sales, Disbursements 
March 03, 2021  |  Today In Data

Target said that years of investments into its omnichannel capabilities fueled record sales and earnings for its most recent quarter and the full year. In department store retail,...

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David’s Bridal Preps For Post-COVID Events Surge
David’s Bridal Preps For Post-COVID Events Surge
March 03, 2021  |  Retail

Of all the many aspects of daily life disrupted by the pandemic, few have been as disappointing and costly as the wholesale cancellation of weddings,...

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Vestiaire Collective Wraps Up $215 Million Financing Round
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021  |  Retail

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury...

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