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

Alibaba Acquires Chinese Microchip Manufacturer

Alibaba Acquires Chinese Microchip Manufacturer
Alibaba Acquires Chinese Microchip Manufacturer
April 20, 2018  |  Internet of Things

To expand its Internet of Things (IoT) business, Alibaba Group has acquired a Chinese microchip maker. The eCommerce retailer purchased Hangzhou C-SKY Microsystems, which supplies...

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Mishka Brings AI Toys To Bear
Mishka Brings AI Toys To Bear
April 20, 2018  |  Artificial Intelligence

Move over, Winnie the Pooh: There’s a new bear in town, and all he does is “Think, think, think.” Get the Full Story Complete the...

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Walmart Tests New Mobile Checkout Technology
Walmart Tests New Mobile Checkout Technology
April 20, 2018  |  Mobile Commerce

Walmart announced on Thursday (April 19) that it is testing Check Out With Me, a new service that will speed up checkout for Walmart Lawn...

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Walmart Files Patent For Blockchain Payment System
Walmart Files Patent For Blockchain Payment System
April 20, 2018  |  Blockchain

To store payment data, Walmart may be looking to the blockchain. The retailer drafted two patent applications that reference a platform powered by blockchain technology for...

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US Online Retail Sales To Surpass $700B By 2022
US Online Retail Sales To Surpass $700B By 2022
April 19, 2018  |  eCommerce

A recent study says that U.S. eCommerce will exceed $506 billion this year. By 2022 online retail sales will go beyond $712 billion. Get the...

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Affirm Expands Its Monthly Payment Options To Thousands Of Retailers
Affirm Expands Its Monthly Payment Options To Thousands Of Retailers
April 19, 2018  |  Payment Methods

Affirm announced it is partnering with various brands and retailers to offer shoppers a simple, no-interest monthly payment option on purchases of any size. Get...

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The Power — And Perils — Of Expanding Access
The Power — And Perils — Of Expanding Access
April 19, 2018  |  Today In Data

The era of expanding access through the magic of digital connection has made things that were previously unimaginable almost commonplace today. It’s why half of...

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UPS Rolls Out My Choice Deals Program
UPS Rolls Out My Choice Deals Program
April 19, 2018  |  Retail

In an effort to generate revenue directly through the products it delivers to consumers, the United Parcel Service (UPS) is launching a loyalty discount program. UPS...

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