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

As Gap Joins thredUP, Resale Continues Its Momentum
As Gap Joins thredUP, Resale Continues Its Momentum
February 26, 2020  |  Retail

The resale market is turning out to be one of the hottest trends of the young new year. After Nordstrom and Macy’s recently launched high-end...

READ MORE >
Enabling Delivery And Voice With Digital Technology
Enabling Delivery And Voice With Digital Technology
February 26, 2020  |  Today In Data

The concept of brand voice took a literal turn this month, with Amazon’s latest rollout, Amazon Polly, an AWS product that provides neural network-based text-to-speech services. And...

READ MORE >
Lowe’s Posts Mixed Results Amid Online Revamp
Lowe’s Posts Mixed Results Amid Online Revamp
February 26, 2020  |  Retail

As Lowe’s homes in on growing online shopping and bringing in more professional contractors and homebuilders, the home improvement retailer registered mixed Q4 results. Its...

READ MORE >
The RealReal Tops $1B In GMV In 2019
The RealReal Tops $1B In GMV In 2019
February 26, 2020  |  Earnings

As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported a contribution profit per order of $19.72 and buyer acquisition cost (BAC)...

READ MORE >
Kraft Heinz’s Evolv: Backing Micro-Fulfillment’s Evolution At The Grocery
Kraft Heinz’s Evolv: Backing Micro-Fulfillment’s Evolution At The Grocery
February 26, 2020  |  Delivery

In eCommerce, and specifically, fulfillment, might the mantra be: Think big, go small? For grocers making the transition to the digital age, micro-fulfillment centers located...

READ MORE >
Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
February 25, 2020  |  Retail

A new Walmart service will let third-party vendors hire the retailer to shelve, pack and ship items to customers in a move that could help...

READ MORE >
Fifth Wall Invites eComm Pure Plays To The Mall
Fifth Wall Invites eComm Pure Plays To The Mall
February 25, 2020  |  Retail

Mall landlords strike again. In a good way, of course, as alt-VC firm Fifth Wall closes on a $100 million fund to help eCommerce pure...

READ MORE >
Walmart Plans To Bring Together eCommerce, Store Groups
Walmart Plans To Bring Together eCommerce, Store Groups
February 25, 2020  |  Retail

As Walmart aims to grow profits at its online shopping business and cut discord between units, the retailer is bringing together its store and eCommerce product-buying...

READ MORE >
Taiwan Approves $2B Stimulus To Pad Coronavirus Effects, China Sees eCommerce Boom
Taiwan Approves $2B Stimulus To Pad Coronavirus Effects, China Sees eCommerce Boom
February 25, 2020  |  International

The parliament in Taiwan has approved a $2 billion stimulus package to help soften the effects of the coronavirus on the region’s economy, according to...

READ MORE >