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)

Party City Shutters Stores and Plans to Go Private
Party City Shutters Stores and Plans to Go Private
April 25, 2023  |  Retail

Bankrupt party supply retailer Party City is closing more stores as it prepares to go private. The company last week shuttered nine stores in five...

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Klarna Unveils AI-Powered Shopping Feed
Klarna Unveils AI-Powered Shopping Feed
April 25, 2023  |  Retail

Klarna has debuted a personalized shopping feed powered by artificial intelligence (AI). The new tool, announced Tuesday (April 25), is part of a suite of...

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Oura Begins Offering Wellness-Oriented Wearable Technology at Best Buy
Oura Begins Offering Wellness-Oriented Wearable Technology at Best Buy
April 24, 2023  |  Wearables

Oura’s wellness-oriented smart ring is becoming available at Best Buy. The Oura Ring — wearable technology that provides health data, insights and guidance — began...

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Cosmose AI Valued at $500 Million and Adding Web3 Capabilities
Cosmose AI Valued at $500 Million and Adding Web3 Capabilities
April 24, 2023  |  artificial intelligence

Cosmose AI has received an investment that values it at $500 million. The firm will use the new investment from the Web3 technology focused Near...

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Super.com Raises $85 Million for Savings-Focused Super App and Card
Super.com Raises $85 Million for Savings-Focused Super App and Card
April 24, 2023  |  Retail

Super.com has raised $85 million in a Series C round to grow its savings super app. The firm will use the new funding to continue...

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Swiping Right on Personalization: How an Ex-Tinder CEO Is Growing an Online Nursery Business 
Swiping Right on Personalization: How an Ex-Tinder CEO Is Growing an Online Nursery Business 
April 24, 2023  |  eCommerce

Plant enthusiasts, gardeners and landscapers consider visiting a nursery in person as a necessity when it comes to selecting plants, shrubs, and trees. It allows...

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eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
April 24, 2023  |  eCommerce

Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no...

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Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
April 24, 2023  |  Retail

Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in...

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LVMH Market Value Tops $500 Billion in 1st for Europe
LVMH Market Value Tops $500 Billion in 1st for Europe
April 24, 2023  |  Retail

Luxury retailer LVMH’s market value has surpassed $500 billion in a first for European firms. The milestone, observed Monday (April 24) in multiple media accounts,...

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