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

Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts

Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
June 29, 2020  |  Retail

Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a...

READ MORE >
Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
June 29, 2020  |  Retail

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power...

READ MORE >
Nike Says Upcoming Job Cuts Are Not Due To Pandemic
Nike Says Upcoming Job Cuts Are Not Due To Pandemic
June 29, 2020  |  Retail

In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after...

READ MORE >
Amazon Said To Have Interest In Buying Russian eCommerce Player Ozon
Amazon Said To Have Interest In Buying Russian eCommerce Player Ozon
June 28, 2020  |  Partnerships / Acquisitions

Amazon and SoftBank Corp. are in talks with Sistema, one of the largest publicly traded companies in Russia, to purchase Ozon, the Russian online retailer,...

READ MORE >
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020  |  Investments

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ)...

READ MORE >
The Unexpected Ways Dining Out Is Evolving
The Unexpected Ways Dining Out Is Evolving
June 27, 2020  |  Retail

When COVID-19 exploded into a global pandemic that more or less shut down everything worldwide, restaurants began diving for digital cover and rapidly embracing order-ahead, curbside...

READ MORE >
Slimmed-Down Albertsons IPO Raises $800M
Slimmed-Down Albertsons IPO Raises $800M
June 26, 2020  |  IPO

The long-awaited initial public offering (IPO) of Idaho-based grocery chain Albertsons went ahead on Friday (June 26) after often-fraught years of planning. Now trading on...

READ MORE >
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
June 26, 2020  |  Retail

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will...

READ MORE >
Retail Challenges And Opportunities Amid The Pandemic 
Retail Challenges And Opportunities Amid The Pandemic 
June 26, 2020  |  Today In Data

The coronavirus is magnifying the challenges that troubled retailers faced before the pandemic as they continue to seek financial lifelines. GNC recently declared bankruptcy as well as retail closings,...

READ MORE >