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

Livestream Auction Startup Whatnot Notches $4 Million Seed

Livestream Auction Startup Whatnot Notches $4 Million Seed
Livestream Auction Startup Whatnot Notches $4 Million Seed
December 18, 2020  |  Retail

The livestream collectibles auction platform Whatnot has raised $4 million in a seed funding round backed by Scribble Ventures, Wonder Ventures, Y Combinator, and others....

READ MORE >
Nordstrom Launches Same-Day Gift-Delivery Service In New York City
Nordstrom Launches Same-Day Gift-Delivery Service In New York City
December 18, 2020  |  Delivery

Nordstrom is leveraging the coronavirus-fueled appetite for digital shopping and same-day delivery by rolling out a service that will deliver through Christmas Eve in the...

READ MORE >
How Walgreens Relies On Digital Deals To Fight Promotion Fraud
How Walgreens Relies On Digital Deals To Fight Promotion Fraud
December 18, 2020  |  Fraud Prevention

Promotions have not just become a lifeline for retailers looking to boost revenues during the pandemic, but also fraudsters looking for a quick and easy...

READ MORE >
Poshmark Files For IPO After Posting Record Profits
Poshmark Files For IPO After Posting Record Profits
December 18, 2020  |  IPO

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. Get the...

READ MORE >
India’s Nascent Pet Care Industry Gets Its First Online Retailer
India’s Nascent Pet Care Industry Gets Its First Online Retailer
December 18, 2020  |  Retail

There may be 1.3 billion people in India, but when it comes to domesticated pets, there’s currently only about 23 million dogs and 4 million...

READ MORE >
Handy, Lowe’s Team On Home Improvement Installations
Handy, Lowe’s Team On Home Improvement Installations
December 17, 2020  |  Partnerships / Acquisitions

On-demand home services provider Handy has made its installation services available to Lowe’s customers, according to a press release. Get the Full Story Complete the...

READ MORE >
Three Reasons Why Wish Parent’s Widely Anticipated IPO Was A Dud
Three Reasons Why Wish Parent’s Widely Anticipated IPO Was A Dud
December 17, 2020  |  Retail

This week’s initial public offering (IPO) for ContextLogic, parent company of discount eCommerce platform Wish, seemed destined to enjoy a huge first-day “pop” on Wall...

READ MORE >
Digital-First Economy Spawns On-Demand Partnerships
Digital-First Economy Spawns On-Demand Partnerships
December 17, 2020  |  Gig Economy

The digital-first economy has spawned many new business models, and one that has taken flight during this end-of-the-year period is on-demand retail partnerships. They come...

READ MORE >
Today In Retail: Resale Company StockX Lands $275 Million For Growth; Rite Aid Reports 12 Pct Revenue Increase
Today In Retail: Resale Company StockX Lands $275 Million For Growth; Rite Aid Reports 12...
December 17, 2020  |  Retail

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its...

READ MORE >