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

Farfetch Teams With Aurora Mobile On AI Retail Technology

Farfetch Teams With Aurora Mobile On AI Retail Technology
Farfetch Teams With Aurora Mobile On AI Retail Technology
February 26, 2021  |  Retail

Aurora Mobile Limited has struck a partnership deal with international online fashion company Farfetch to bolster its intelligent operation functionalities. The two firms will work together...

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Hungr’s Virtual Kitchens Highlight Potential Of Restaurant Aggregator Data
Hungr’s Virtual Kitchens Highlight Potential Of Restaurant Aggregator Data
February 26, 2021  |  Retail

Restaurant aggregators are uniquely positioned to collect troves of data on consumer behavior, gathering information about, among other habits, which kinds of foods are the...

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Best Buy Ousts 5,000 Staffers While Shuttering More Locations
Best Buy Ousts 5,000 Staffers While Shuttering More Locations
February 26, 2021  |  Retail

Despite seeing a surge in online sales during the pandemic, Best Buy said it laid off 5,000 employees in February and will be shuttering additional...

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Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
February 26, 2021  |  Earnings

Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records...

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Future Opportunities And Hurdles In Retail 
Future Opportunities And Hurdles In Retail 
February 26, 2021  |  Today In Data

The business outlooks provided by Best Buy and Wayfair suggest the fading of the COVID nesting trend. In off-price retail, TJX Corporation awaits the return of the revenge shopper at a time when some of...

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Walmart Looks To Win Customers By Wooing Businesses As Amazon Prime’s Lead Shrinks
Walmart Looks To Win Customers By Wooing Businesses As Amazon Prime’s Lead Shrinks
February 26, 2021  |  Walmart Amazon whole paycheck

It’s often been said that “the best defense is a good offense” — and in a similar vein, Walmart announced plans this week to attract...

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L Catterton To Acquire Majority Stake In Birkenstock Group
L Catterton To Acquire Majority Stake In Birkenstock Group
February 26, 2021  |  Retail

Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of...

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Foot Locker Comp Sales Drop 2.7 Pct
Foot Locker Comp Sales Drop 2.7 Pct
February 26, 2021  |  Retail

Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a...

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2020 Holiday Shopping Retrospective Report: Milestones Made In A Year That Almost Wasn’t
2020 Holiday Shopping Retrospective Report: Milestones Made In A Year That Almost Wasn’t
February 26, 2021  |  Payment Methods

It was the best of times. It was the worst of times. Or vice versa. Either way, it was the 2020 winter gifting season, more...

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