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

UK Department Store Group Debenhams Requests Five-Month Rent Freeze

UK Department Store Group Debenhams Requests Five-Month Rent Freeze
UK Department Store Group Debenhams Requests Five-Month Rent Freeze
March 16, 2020  |  Retail

Troubled British department store chain Debenhams is asking for relief from landlords for five months of rent as it anticipates trouble from the ongoing coronavirus...

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NRF Asks Government To Give Notice Before Ordering Store Closures
NRF Asks Government To Give Notice Before Ordering Store Closures
March 16, 2020  |  Retail

Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National...

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Amazon To Hire 100K Workers To Handle Demand Spike
Amazon To Hire 100K Workers To Handle Demand Spike
March 16, 2020  |  Coronavirus

Amazon said it is looking to add 100,000 jobs during the coronavirus scare as demand for delivery services continues to increase across the nation, according...

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Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On March Payments
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On...
March 16, 2020  |  News

In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March...

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The Evolution Of Brick-And-Mortar Retail And Loyalty Programs
The Evolution Of Brick-And-Mortar Retail And Loyalty Programs
March 16, 2020  |  Today In Data

Physical retail is evolving to meet the needs of shoppers who expect the same convenience and speed of mobile and online environments. Large shares of Gen Z...

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MGM And Wynn Shutter Casinos For A Limited Time Due To Coronavirus
MGM And Wynn Shutter Casinos For A Limited Time Due To Coronavirus
March 16, 2020  |  Coronavirus

Due to the ongoing coronavirus pandemic, MGM Resorts International’s and Wynn Resorts Ltd.’s casinos will be taken out of operation. The eight Las Vegas strip...

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Amazon Experiences Technical Setback For Grocery Orders Amid High Coronavirus Demand
Amazon Experiences Technical Setback For Grocery Orders Amid High Coronavirus Demand
March 16, 2020  |  Amazon

With worried consumers putting pressure on the eCommerce company’s abilities, Amazon experienced a technical problem impacting grocery orders via Amazon Fresh and Whole Foods offerings....

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France Hits Apple With $1.2B Fine For Anticompetitive Practices
France Hits Apple With $1.2B Fine For Anticompetitive Practices
March 16, 2020  |  Apple

Apple on Monday (March 16) was slapped with a $1.2 billion fine from France’s antitrust watchdog for anticompetitive behavior in its distribution network. Two Apple...

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Ace Hardware On The Importance Of Seamless Omnichannel
Ace Hardware On The Importance Of Seamless Omnichannel
March 16, 2020  |  Commerce Connected

While eCommerce may be thriving, that doesn’t mean retailers should ignore evolving their in-store experiences. In fact, retailers that focus on revamping only one sales...

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