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

Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter
Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh...
December 28, 2020  |  Retail

In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run...

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Air Traffic Down About 77 Percent On Christmas Day 2020
Air Traffic Down About 77 Percent On Christmas Day 2020
December 28, 2020  |  Travel Payments

Air travel was down about 77 percent on Christmas Day from last year, with 616,469 people flying on Friday, but expected to swing back up...

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Five Takeaways From Mastercard’s Holiday Spend Data
Five Takeaways From Mastercard’s Holiday Spend Data
December 28, 2020  |  Retail

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat....

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The Rise Of The Digital Shift, New Payment Options And IPOs
The Rise Of The Digital Shift, New Payment Options And IPOs
December 28, 2020  |  Today In Data

The digital shift produced direct-to-consumer sales, the continued decline of malls/department stores and the accelerated growth of Amazon, Walmart and Target this year. In payment methods, consumers learned about new payment options and adopted...

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FedEx Wraps Up ShopRunner Purchase
FedEx Wraps Up ShopRunner Purchase
December 28, 2020  |  Partnerships / Acquisitions

FedEx Corp. said on Monday (Dec. 28) that it has finished its purchase of ShopRunner, which had been announced in the past. The logistics company...

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Retail 2020: Looking Back On D2C Brands
Retail 2020: Looking Back On D2C Brands
December 28, 2020  |  Retail

Direct-to-consumer (D2C) brands came in two flavors during 2020. The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or...

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Save A Lot Sells 51 Retail Locations To Fresh Encounter
Save A Lot Sells 51 Retail Locations To Fresh Encounter
December 28, 2020  |  Retail

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save...

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Flipkart Wholesale Business Growing Rapidly After App’s Launch
Flipkart Wholesale Business Growing Rapidly After App’s Launch
December 28, 2020  |  International

India-based Flipkart said its new wholesale operation, a business-to-business (B2B) marketplace, has surged in popularity as the pandemic has pushed more sales online. Get the...

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China’s Digital Yuan Trial Sees Spending For Retail, Ridesharing And More
China’s Digital Yuan Trial Sees Spending For Retail, Ridesharing And More
December 27, 2020  |  Cryptocurrency

The second trial of digital yuan by the People’s Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery...

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