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

BMW To Allow Drivers To Subscribe To Luxury Auto Features On Demand

BMW To Allow Drivers To Subscribe To Luxury Auto Features On Demand
BMW To Allow Drivers To Subscribe To Luxury Auto Features On Demand
July 01, 2020  |  Subscription Commerce

In its virtual reality event Wednesday (July 1), BMW announced updates to its auto software experience that included a “drive” through Munich to demonstrate some...

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FTC Reports Record Surge In eCommerce Complaints Amid Pandemic
FTC Reports Record Surge In eCommerce Complaints Amid Pandemic
July 01, 2020  |  Retail

While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency...

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Gyms Continue To Struggle With Rocky Reopenings
Gyms Continue To Struggle With Rocky Reopenings
July 01, 2020  |  Coronavirus

Now that many consumers have to make appointments to go to the gym or use a specific piece of equipment amid the pandemic, will they...

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Pandemic Continues To Dull Allure Of Luxury Goods
Pandemic Continues To Dull Allure Of Luxury Goods
July 01, 2020  |  Retail

COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that...

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Fitness Platforms Expand Offerings As Consumers Work From Home
Fitness Platforms Expand Offerings As Consumers Work From Home
July 01, 2020  |  Today In Data

Fitness and wellness platforms are expanding their offerings as Americans continue working from their residences and gym facilities have limited operations because of the pandemic. Gympass’...

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Walgreens Adds To Digital 3.0 Momentum
Walgreens Adds To Digital 3.0 Momentum
July 01, 2020  |  Retail

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. Get...

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Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
July 01, 2020  |  Retail

Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus...

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Iconic British Retailer John Lewis To Shutter Stores Amid Pandemic
Iconic British Retailer John Lewis To Shutter Stores Amid Pandemic
July 01, 2020  |  Retail

As department stores suffer amid the COVID-19 health crisis, John Lewis is set to shutter many locations, and Harrods is eliminating 700 positions. John Lewis...

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Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
July 01, 2020  |  Partnerships / Acquisitions

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for...

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