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)

TikTok Creating Its Own eCommerce Fulfillment Network
TikTok Creating Its Own eCommerce Fulfillment Network
November 08, 2023  |  eCommerce

TikTok is establishing a warehouse and fulfillment network to boost its eCommerce operations. As a report Tuesday (Nov. 7) by The Wall Street Journal (WSJ) noted, this move...

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Toys, Pet Products Expected to Fuel Retail Sales on Social Media 
Toys, Pet Products Expected to Fuel Retail Sales on Social Media 
November 08, 2023  |  Social Commerce

Consumers are becoming increasingly connected on social media, and retailers are taking notice. In a bid to grow engagement and sales, merchants have taken to...

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Main Street Meets Luxury Consignment Shops With a High-Tech Update
Main Street Meets Luxury Consignment Shops With a High-Tech Update
November 08, 2023  |  Retail

Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more...

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The RealReal Gets Real Revenue From Advertising
The RealReal Gets Real Revenue From Advertising
November 07, 2023  |  Retail

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor...

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AI Upgrades Are Creating Happy Customers, eBay Says
AI Upgrades Are Creating Happy Customers, eBay Says
November 07, 2023  |  eCommerce

EBay is finding that its investments in artificial intelligence (AI) are leading to happier customers.    On Tuesday (Nov 7), the company revealed during its...

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 07, 2023  |  Shopping

The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to...

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Walmart Strengthens TV-eCommerce Connection With Peacock Partnership
Walmart Strengthens TV-eCommerce Connection With Peacock Partnership
November 07, 2023  |  Partnerships

Walmart is expanding its shoppable TV footprint via a new partnership with NBCUniversal’s Peacock platform. The collaboration lets fans of “Below Deck Mediterranean,” a reality...

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Google Intros Holiday Shopping Tools as Consumers Seek Deals
Google Intros Holiday Shopping Tools as Consumers Seek Deals
November 07, 2023  |  Google

Google has introduced new search tools designed to help shoppers find holiday deals. The tech giant announced Tuesday (Nov. 7) that it was rolling out...

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