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

JCPenney Stores To Stop Selling Appliances

JCPenney Stores To Stop Selling Appliances
JCPenney Stores To Stop Selling Appliances
February 06, 2019  |  Retail

Legacy retailer JCPenney has announced that it won’t sell major appliances after Feb. 28, “in order to better meet customer expectations, improve financial performance and...

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Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding
Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding
February 06, 2019  |  eCommerce

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports....

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Carvana, BoA Team Up For Online Car Sales
Carvana, BoA Team Up For Online Car Sales
February 06, 2019  |  Partnerships

In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with...

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Tesla Opens Amazon Store
Tesla Opens Amazon Store
February 06, 2019  |  Retail

Tesla, the maker of green automobiles, is trying to get its branded merchandise to more consumers, reportedly by launching a store on Amazon. Get the...

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Deposit Solutions Brings Savedo To Switzerland; Mall Retailers Take WeChat Pay
Deposit Solutions Brings Savedo To Switzerland; Mall Retailers Take WeChat Pay
February 06, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Deposit Solutions’ rollout of business-to-consumer (B2C) open banking channel...

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Payment And Retail Integration Flows From Many Digital Fronts
Payment And Retail Integration Flows From Many Digital Fronts
February 06, 2019  |  Today In Data

One of the main goals of digital payments and retail is to encourage seamless connections – and not just when it comes to transactions. Smart...

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White-Glove Returns With A Finger On Changing Retail Logistics
White-Glove Returns With A Finger On Changing Retail Logistics
February 06, 2019  |  Retail

Some startups are born after an entrepreneur spots a missing niche in the market: ReturnRunners, for instance, was started after its founder saw a need...

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IKEA Tests Subscriptions In The Sharing Economy Age
IKEA Tests Subscriptions In The Sharing Economy Age
February 06, 2019  |  Retail

Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. IKEA, which is known for selling...

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