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

Subscription Services That Connect Consumers With Socks For All Occasions
Subscription Services That Connect Consumers With Socks For All Occasions
January 08, 2020  |  Subscription Commerce

While studying at the University of California, San Diego, Daniel Farahdel studied abroad in Seoul, South Korea, and he noticed that socks were trending —...

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How A New Name Sparked An Unattended Retail Turnaround
How A New Name Sparked An Unattended Retail Turnaround
January 08, 2020  |  Retail

Shakespeare famously wrote, “What’s in a name? That which we call a rose, by any other name would smell as sweet,” proving two things at...

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Can Sports And Entertainment Really Spark Mall Revivals?
Can Sports And Entertainment Really Spark Mall Revivals?
January 08, 2020  |  Retail

Long live physical retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Revving Up The Latest Retail Trends With Autos
Revving Up The Latest Retail Trends With Autos
January 08, 2020  |  Today In Data

Auto sales are driving retail trends, as online marketplace and auction site eBay has released a new eBay Motors app. At the same time, Carvana, a firm that allows consumers to...

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ClassPass Lands $285M To Scale Fitness Marketplace
ClassPass Lands $285M To Scale Fitness Marketplace
January 08, 2020  |  Subscriptions

International fitness and wellness marketplace ClassPass has notched $285 million in a Series E funding round led by L Catterton and Apax Digital, with support...

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Holiday Shoppers May Have Favored Non-Mall Retailers
Holiday Shoppers May Have Favored Non-Mall Retailers
January 08, 2020  |  Retail

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s, Nordstrom and JCPenney...

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UK Police Investigate Travelex Ransomware Attack, Ransom Demand
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020  |  Security & Fraud

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get...

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Mall Vacancy Rate Reaches 20-Year High
Mall Vacancy Rate Reaches 20-Year High
January 07, 2020  |  Retail

U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7)....

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Bringing Luggage Storage Into The Digital Age
Bringing Luggage Storage Into The Digital Age
January 07, 2020  |  Retail

Before Peter Korbel started the StoreMe luggage storage service, he lugged around a gym bag and didn’t like bringing it to his meetings. Get the...

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