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 Sector Gets More Bad News; Neiman Marcus To Cut Staff
Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
September 24, 2020  |  Retail

The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial stress. Get the...

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Digital Technologies Drive Innovation In Retail, Banking
Digital Technologies Drive Innovation In Retail, Banking
September 24, 2020  |  Today In Data

Nike’s digital sales surged in Q1, while the sportswear brand also saw an uptick in its connected fitness business. In banking, financial crime is a pervasive threat...

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Manifesting Retail’s Week Of Revolution
Manifesting Retail’s Week Of Revolution
September 24, 2020  |  Retail

Retail, for all intents and purposes, has always been an interdependent system. Supply depends on demand; demand depends on supply; supply depends on the supply...

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Connected Car Commerce Picks Up Speed
Connected Car Commerce Picks Up Speed
September 24, 2020  |  Retail

The connected car is fast becoming the transactional car. New moves from automakers and credit card companies are pushing vehicle commerce — or v-commerce —...

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UK Retail Sales Get Further Lift After Lockdown Rules Dropped
UK Retail Sales Get Further Lift After Lockdown Rules Dropped
September 24, 2020  |  Retail

As the U.K.’s lockdown measures were lifted, consumers went out shopping for various products, including home-related goods like sofas. As a result, U.K. retail sales...

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Men’s Wearhouse Debuts New Streamlined Store Design Near Houston
Men’s Wearhouse Debuts New Streamlined Store Design Near Houston
September 24, 2020  |  Retail

As many retailers shutter brick-and-mortar stores while others invest in their online outlets, Men’s Wearhouse has renovated what it calls a next-generation store north of...

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Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation
Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation
September 23, 2020  |  Investments

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward...

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Macy’s CEO: Stores Give Retailer Flexibility During Holiday Season
Macy’s CEO: Stores Give Retailer Flexibility During Holiday Season
September 23, 2020  |  Retail

Macy’s is preparing a variety of possibilities for holiday sales amidst the pandemic, including starting deals early and offering omnichannel options, CNBC reported. Get the...

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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System
Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System
September 23, 2020  |  Retail

As merchants attempt to fulfill the demands of customers for expediency and less person-to-person contact, Dunkin’ and sports venue hospitality stands are experimenting with a...

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