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

Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse

Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
May 05, 2020  |  Earnings

The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4 billion largely stemming from its ravaged theme...

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Airbnb Says 2020 Revenue Will Be Halved
Airbnb Says 2020 Revenue Will Be Halved
May 05, 2020  |  Retail

Despite an infusion of $2 billion from investors last month, Airbnb said the pandemic has forced the layoff of 1,900 employees, or 25 percent of...

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Gold’s Gym Files For Chapter 11 Bankruptcy
Gold’s Gym Files For Chapter 11 Bankruptcy
May 05, 2020  |  Retail

Gold’s Gym International Inc. filed for Chapter 11 bankruptcy protection on Tuesday (May 5), citing financial disruptions created by the COVID-19 pandemic, per a company...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Restaurants Warn Of Higher Prices To Offset Reduced Capacity
Restaurants Warn Of Higher Prices To Offset Reduced Capacity
May 05, 2020  |  Retail

While it’s become increasingly obvious that many of the restaurants that have closed during the COVID-19 pandemic might never come back, it may be surprising...

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Starbucks Reopens Most Stores For Order Ahead Only
Starbucks Reopens Most Stores For Order Ahead Only
May 05, 2020  |  Retail

Starbucks locations across the country will soon reopen, with most stores offering pickup and drive-thru service but keeping seating areas closed for now. Get the...

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Florida Retail Reopening Fails To Draw Consumers
Florida Retail Reopening Fails To Draw Consumers
May 05, 2020  |  Retail

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Meanwhile the digital shift...

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Returns Come Back To Haunt eCommerce Amid Pandemic
Returns Come Back To Haunt eCommerce Amid Pandemic
May 05, 2020  |  Retail

In the best of times, returns are the bane of eCommerce existence. In these worst of times, they’re even more complicated as return policies are...

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Pop Up Grocer Checks All The Pandemic Retail Boxes
Pop Up Grocer Checks All The Pandemic Retail Boxes
May 05, 2020  |  Retail

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been...

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