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

Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity

Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
February 17, 2021  |  Retail

Price satisfaction. Exclusivity. Affinity. These are some of the main factors making use of product drops, flash sales and related tactics part of an effective...

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Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers
Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers
February 17, 2021  |  Retail

It’s hard to argue the digital shift in any business, but particularly at retail. PYMNTS research shows that 97.3 million U.S. consumers have now switched...

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Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
February 16, 2021  |  Retail

Some 92 percent of the more than 400 restaurants surveyed by the NYC Hospitality Alliance indicated that they could not foot the bill for rent,...

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GoTab’s Menu Redesign Brings Personalization To Contactless Ordering
GoTab’s Menu Redesign Brings Personalization To Contactless Ordering
February 16, 2021  |  Restaurant innovation

Restaurants’ adoption of contactless technology has dramatically accelerated in the past year, as businesses and consumers alike sought out COVID-safe alternatives to pre-pandemic practices. In...

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Fabric And Craft Store JOANN Plans IPO Amid DIY Trend
Fabric And Craft Store JOANN Plans IPO Amid DIY Trend
February 16, 2021  |  IPO

Fabric and craft retail chain JOANN plans to go public, the company announced today in an S-1 filing with the Securities and Exchange Commission (SEC)....

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Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
February 16, 2021  |  Security & Fraud

One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and...

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Tata Group To Buy $1.3 Billion Stake In Indian Online Grocer BigBasket
Tata Group To Buy $1.3 Billion Stake In Indian Online Grocer BigBasket
February 16, 2021  |  Retail

India’s Tata Group will buy a 68 percent stake in online grocer BigBasket for about 95 billion rupees ($1.3 billion), the TV network ET Now...

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Chicago-Based Restaurant Chain Bets On Future Of Delivery
Chicago-Based Restaurant Chain Bets On Future Of Delivery
February 16, 2021  |  Restaurant innovation

Amid the pandemic, brick-and-mortar-less restaurants have rapidly grown from a relatively niche concept to a widely adopted solution to changes in the industry. Quick-service restaurant...

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Positive Developments In Retail Earnings, Marketing Strategies 
Positive Developments In Retail Earnings, Marketing Strategies 
February 16, 2021  |  Today In Data

Digital automotive marketplace CarGurus reported in its recent financial results that its revenues have almost completely recovered to pre-pandemic levels, while consumer goods company Newell Brands said that many of...

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