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

The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far

The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far
The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far
April 19, 2020  |  Coronavirus

The U.S. economy has been for all intents and purposes shut down due to the global coronavirus pandemic for the last four to six weeks,...

READ MORE >
Clothing Brands Want Steep Vendor Discounts To Keep Orders
Clothing Brands Want Steep Vendor Discounts To Keep Orders
April 19, 2020  |  B2B Payments

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because...

READ MORE >
24 Hour Fitness May File For Bankruptcy Amid Pandemic
24 Hour Fitness May File For Bankruptcy Amid Pandemic
April 19, 2020  |  Economy

Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus, as well as mounting debt concerns and the fact that...

READ MORE >
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

READ MORE >
China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  International

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

READ MORE >
iPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
iPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
April 17, 2020  |  Retail

As it lowered its recommendation on Apple Inc.‘s stock from neutral to sell, Goldman Sachs noted that the tech firm could lose one-third of its iPhone...

READ MORE >
Keeping SMBs Afloat During The Coronavirus Crisis
Keeping SMBs Afloat During The Coronavirus Crisis
April 17, 2020  |  Today In Data

Lawmakers and business leaders had high hopes for the Paycheck Protection Program (PPP): They thought it would provide the funds required for small to medium-sized businesses...

READ MORE >
Retailers Explore Tentative Reopening Plans
Retailers Explore Tentative Reopening Plans
April 17, 2020  |  Retail

At long last, the retail community can start discussing plans to reopen. The Trump administration’s informal guidance released on Thursday (April 16) did not exactly...

READ MORE >
Digital Ad Business Withers Under COVID-19 Crisis
Digital Ad Business Withers Under COVID-19 Crisis
April 17, 2020  |  Retail

The ripple effects from the COVID-19 crisis continue to spread throughout the business world, with the advertising industry now feeling its destructive effects. Those were...

READ MORE >