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

Shopify Now Lets Merchants Hire Virtual Employee ‘Kit’ For Free

Shopify Now Lets Merchants Hire Virtual Employee ‘Kit’ For Free
Shopify Now Lets Merchants Hire Virtual Employee ‘Kit’ For Free
June 07, 2017  |  Innovation

Today in retail news, employee of the week award goes to Kit, Shopify’s virtual assistant for Shopify merchants, who handles digital marketing and advertising for...

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Upscale Resale Co. The RealReal Announces $50M VC Funding Round
Upscale Resale Co. The RealReal Announces $50M VC Funding Round
June 07, 2017  |  Retail

Female-founded upscale resale company the RealReal, which specializes in luxury consignment clothing items, announced a $50 million round of funding from private equity firm Great...

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Macy’s Stock Slips After Warning On Earnings
Macy’s Stock Slips After Warning On Earnings
June 07, 2017  |  Retail

Macy’s stock slumped Tuesday (June 6) in the wake of a warning at the company’s annual investor day that profit margins are being squeezed. Get the Full...

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Amazon Competes With Walmart For Lower-Income Shoppers
Amazon Competes With Walmart For Lower-Income Shoppers
June 07, 2017  |  Amazon

Amazon already has a hold on high-income shoppers in the U.S., but the online retailer now wants to attract lower-income customers to the site with...

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Furniture Retailer Gets Global Delivery Boost From NICE
Furniture Retailer Gets Global Delivery Boost From NICE
June 06, 2017  |  Merchant Innovation

With eCommerce enabling global reach for most retailers, keeping track of all the moving parts can be a difficult feat. As such, many companies are...

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Study Unveils US Manufacturer Digitization Progress Report
Study Unveils US Manufacturer Digitization Progress Report
June 06, 2017  |  Retail

Adjusting technologies to today’s standards is a common issue for many industries. As one of the largest and perhaps most impacted areas, manufacturing has wrestled...

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J. Crew’s Longtime CEO Stepping Down
J. Crew’s Longtime CEO Stepping Down
June 06, 2017  |  Personnel

J.Crew’s longtime leader Mickey Drexler is stepping down as the company’s chief executive as the retailer struggles with a prolonged sales slump and hefty debt...

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Consumer Confidence Is Up — Way Up — This Father’s Day
Consumer Confidence Is Up — Way Up — This Father’s Day
June 06, 2017  |  Retail

Dads are getting some extra love this Father’s Day, according to a study by the National Retail Federation (NRF). Total spending for the holiday is expected...

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