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’s Singles Day Tops $25B, Crushing 2016 Record

Alibaba’s Singles Day Tops $25B, Crushing 2016 Record
Alibaba’s Singles Day Tops $25B, Crushing 2016 Record
November 13, 2017  |  Cross-border Payments

Alibaba Group Holding, the Chinese eCommerce giant, saw gross merchandise volume of $25.3 billion for this year’s Singles Day Global Shopping Festival, up 39 percent...

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Walmart Tests Digitally Enhanced Stores
Walmart Tests Digitally Enhanced Stores
November 13, 2017  |  Innovation

Walmart has started trialing new digital services in its Mobile County, Alabama supercenter, including ModiFace, a new device that enables customers to digitally test makeup....

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Trouva Nabs $10M To Help UK SMBs Compete With Amazon
Trouva Nabs $10M To Help UK SMBs Compete With Amazon
November 13, 2017  |  Investments

Trouva, an online marketplace for merchants that don’t sell their products online, has raised $10 million in a new round of venture funding. Get the...

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Analyst Says Overstock Should Ditch Retail To Focus On Blockchain
Analyst Says Overstock Should Ditch Retail To Focus On Blockchain
November 13, 2017  |  Blockchain

Overstock got its price target lifted last week after the company indicated that it could sell the home eCommerce unit to focus more on its...

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Inside GrabPay’s Digital Payments Playbook
Inside GrabPay’s Digital Payments Playbook
November 13, 2017  |  Cross-border Payments

Muhammed needs six new computers for his internet café in Jakarta. It’s a small café, and six machines are enough, but the ones he has...

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Animoji Karaoke — The Fad We Didn’t Know We Needed
Animoji Karaoke — The Fad We Didn’t Know We Needed
November 11, 2017  |  Apple

Apple’s iPhone X is officially on the market, and there are a number of elements the reviews have focused on — the camera, the new gestures...

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Facebook Looks At The Face For In-Store Payments
Facebook Looks At The Face For In-Store Payments
November 10, 2017  |  Facebook / Meta

Facebook may be gunning to introduce facial recognition software for in-store payments at retail locations, as presaged by a patent application published Thursday (Nov. 9) with the...

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Today In Data: B2B VC, Eavesdropper And Amazon Theft Prevention
Today In Data: B2B VC, Eavesdropper And Amazon Theft Prevention
November 10, 2017  |  Today In Data

Technology advancements mean two things: innovative solutions that aim to make consumers’ lives easier and a handful of cybercriminals who want to do anything but...

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