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

Mall Owner Brookfield Property Partners Loses $2 Billion In 2020

Mall Owner Brookfield Property Partners Loses $2 Billion In 2020
Mall Owner Brookfield Property Partners Loses $2 Billion In 2020
February 02, 2021  |  Earnings

Brookfield Property Partners, which operates numerous malls around the U.S., lost $2.06 billion last year, according to its newest financial report. Get the Full Story...

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Westfield Valley Fair Teams With Kitchen United For Multi-Restaurant Ordering
Westfield Valley Fair Teams With Kitchen United For Multi-Restaurant Ordering
February 02, 2021  |  Retail

Westfield Valley Fair, a shopping center in Silicon Valley, is partnering with Kitchen United, a ghost kitchen company, to deliver a streamlined, multi-restaurant ordering solution....

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EU Supply Chain Bottleneck Raises Prices, Hurts Retailers
EU Supply Chain Bottleneck Raises Prices, Hurts Retailers
February 02, 2021  |  International

Forget the last mile. In the European Union, every mile is contested lately. The continent’s supply chain, already under pressure and now cracking with the...

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Amazon Investors Await Record Revenues With Q4 Release
Amazon Investors Await Record Revenues With Q4 Release
February 02, 2021  |  Earnings

To say that COVID-19 worked out well for the world’s largest online retailer and its founder would be an understatement of Amazonian proportions. While the...

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Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
February 02, 2021  |  Retail

In today’s top retail news, CarLotz unveiled the opening of centers near Orlando, Florida and Seattle Washington, while a National Retail Federation economist said a...

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Next-Gen QSR Drive-Thrus Maximize Efficiency, Alleviate Pain Points
Next-Gen QSR Drive-Thrus Maximize Efficiency, Alleviate Pain Points
February 02, 2021  |  Retail

As the off-premises boom of the past year has boosted drive-thru traffic to unprecedented levels, quick-service restaurants (QSRs) are seeking new ways to meet consumers’...

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eCommerce Surge Drives UPS To Record Quarterly Revenues
eCommerce Surge Drives UPS To Record Quarterly Revenues
February 02, 2021  |  Earnings

Delivery giant UPS on Tuesday (Feb. 2) announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21 percent increase over the fourth quarter of 2019....

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Alibaba Earnings Avoid Jack Ma, Address Regulatory Issues
Alibaba Earnings Avoid Jack Ma, Address Regulatory Issues
February 02, 2021  |  Retail

Jack Who? Government regulations? Problems? It was mostly smooth sailing for Alibaba as it announced its earnings from the fourth quarter of 2020. Absent from...

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NRF: Recovering Economy, Consumer Emotions Supported Record Holiday Sales
NRF: Recovering Economy, Consumer Emotions Supported Record Holiday Sales
February 02, 2021  |  Retail

National Retail Federation Chief Economist Jack Kleinhenz said blockbuster holiday season retail sales in the final two months of last year illustrated the rebounding economy...

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