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

Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation

Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
November 18, 2020  |  Retail

While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new...

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TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020  |  Retail

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its...

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Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
November 18, 2020  |  Retail

Target continued its winning digital-first strategy for the third quarter as the company announced another triple-digit eCommerce spike on its earnings call Wednesday (Nov. 18)....

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Opportunities And Challenges In Retail And Banking 
Opportunities And Challenges In Retail And Banking 
November 18, 2020  |  Today In Data

JD.com experienced a surge in net revenues for its most recent quarter amid a pandemic-bolstered rise in eCommerce. In personal finance, average consumer-level credit card balances have fallen during...

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Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
November 18, 2020  |  Retail

Nike continues its sprint into the digital-first world with Nike Unite stores, with nine locations slated to be in operation this year. In a news...

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Mastercard: More Shoppers Favor Local, Minority-Owned Businesses
Mastercard: More Shoppers Favor Local, Minority-Owned Businesses
November 18, 2020  |  Mastercard

A move to mindful shopping has American consumers favoring small, local stores and those owned by Black merchants, women and other minorities, according to the...

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Russian eCommerce Giant Ozon Files For IPO Approaching $1B
Russian eCommerce Giant Ozon Files For IPO Approaching $1B
November 18, 2020  |  IPO

Russian online retailer Ozon is sold on the idea of launching an initial public offering (IPO) of stock in the U.S. — and raising even...

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Toast Serves Up New Tools For Contactless Restaurant Payments
Toast Serves Up New Tools For Contactless Restaurant Payments
November 18, 2020  |  ResTech

Point-of-sale (POS) restaurant technology (ResTech) platform Toast is launching a new suite of tools to help restaurants advance contactless transactions. Get the Full Story Complete...

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Cash Out: PhonePe On India’s Mobile Payments Adoption
Cash Out: PhonePe On India’s Mobile Payments Adoption
November 18, 2020  |  Smarter Payments

Companies that are looking to launch offices in more countries and serve customers in new markets need to be able to easily pay staff in...

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