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

Vestiaire Collective Wraps Up $215 Million Financing Round

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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Ross Stores’ Traffic Lowered By Pandemic
Ross Stores’ Traffic Lowered By Pandemic
March 03, 2021  |  Retail

Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although...

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Amazon Opens For Business In Poland
Amazon Opens For Business In Poland
March 03, 2021  |  Amazon

Amazon has debuted its new Polish website as of Tuesday morning (March 2), but that won’t come without competition in the country’s eCommerce boom, Reuters...

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IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
March 03, 2021  |  Retail

As consumers turn to digital platforms to fulfill more and more of their basic needs, smaller, more traditional businesses are forced to adjust their operations...

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EU May Face Recession As Employment, Retail Numbers Stay Weak
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021  |  Europe

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial...

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Shopping Malls Lose $4 Billion In Value After Reappraisals
Shopping Malls Lose $4 Billion In Value After Reappraisals
March 02, 2021  |  Retail

Shopping malls, once a vital part of the American landscape and the backbone of the retail industry, have seen real estate values plummet an average...

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QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company
QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company
March 02, 2021  |  Artificial Intelligence

As artificial intelligence (AI) capabilities progress, quick-service restaurants (QSRs) are using the technology to refine every step of the process, including marketing, menu offerings, operations,...

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Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
March 02, 2021  |  Mastercard

Ethoca has relaunched and revamped its purchase transparency product for consumers, renaming the enhanced solution Consumer Clarity™, according to a press release. Get the Full...

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In Europe, Funding Pours In For Online Grocery Platforms
In Europe, Funding Pours In For Online Grocery Platforms
March 02, 2021  |  Investments

As the COVID-19 pandemic continues to put lives at risk around the world, consumers are becoming increasingly accustomed to technologies that offer COVID-safe alternatives for...

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