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

Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs

Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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Nordstrom Misses Big On Earnings And Digital Shift
Nordstrom Misses Big On Earnings And Digital Shift
August 25, 2020  |  Earnings

The digital shift hasn’t quite found its way to Nordstrom, but the company said it’s getting there. Get the Full Story Complete the form to...

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Amazon, PayPal And Other Industry Giants Pivot To ‘Pay With Points’
Amazon, PayPal And Other Industry Giants Pivot To ‘Pay With Points’
August 25, 2020  |  Loyalty & Rewards

The use of loyalty/rewards points to pay for purchases began as a value-add to card programs. For example, there might be a set of designer...

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Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
August 25, 2020  |  Retail

New York Gov. Andrew Cuomo has announced that New York Fashion Week will go forward this September, with a drastic reduction in spectators as events are moved outside. Get...

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Facebook Rolls Out In-App Marketplace In Facebook Shop
Facebook Rolls Out In-App Marketplace In Facebook Shop
August 25, 2020  |  Social Commerce

Facebook has introduced what it calls a new place to discover businesses and buy products on its app. On Tuesday (Aug. 25), Mark Zuckerberg’s social...

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Main Street On Lockdown: The COVID-19 Cash Chasm
Main Street On Lockdown: The COVID-19 Cash Chasm
August 25, 2020  |  Coronavirus

The Paycheck Protection Program (PPP) relief effort began accepting applications from small to mid-sized businesses (SMBs), which employ roughly half of the United States workforce,...

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Apple To Open Spherical Store On Singapore Shore
Apple To Open Spherical Store On Singapore Shore
August 25, 2020  |  Retail

Befitting a company whose new California headquarters is often likened to a spaceship, Apple says it will open a sphere-shaped store on Singapore’s waterfront that...

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AR’s Role In eCommerce Is Growing (And Will Likely Outlast The Pandemic)
AR’s Role In eCommerce Is Growing (And Will Likely Outlast The Pandemic)
August 25, 2020  |  eCommerce

As consumers increasingly move to digital commerce in the wake of COVID-19, augmented reality (AR) technology is appearing in various applications as retailers rush to...

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Diamonds Are Forever … And Sales Are Headed Online
Diamonds Are Forever … And Sales Are Headed Online
August 25, 2020  |  Retail

Carat, cut, color and clarity. They’re known as the “four Cs” of diamond evaluation – and soon, this most luxurious of luxury goods could be...

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