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

Mattel Reports $1.2B in Sales, Surpassing Q1 Record

Mattel Reports $1.2B in Sales, Surpassing Q1 Record
Mattel Reports $1.2B in Sales, Surpassing Q1 Record
July 22, 2022  |  Retail

After a record $1 billion in net sales during this year’s first quarter, Mattel topped itself in the second quarter with sales of $1.2 billion,...

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7-Eleven Lays Off 880 Corporate Employees in Restructuring
7-Eleven Lays Off 880 Corporate Employees in Restructuring
July 21, 2022  |  Personnel

Convenience store chain 7-Eleven has cut around 880 corporate jobs in the U.S., a year after completing its $21 billion acquisition of rival Speedway. Get...

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Live Shopping Platform Whatnot Raises $260M in Series D
Live Shopping Platform Whatnot Raises $260M in Series D
July 21, 2022  |  Investments

Independent live shopping platform Whatnot announced Thursday (July 21) that it has raised $260 million in a Series D round co-led by DST Global and...

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Uber Eats Boosts Grocery Delivery With Off-Hours Shopping
Uber Eats Boosts Grocery Delivery With Off-Hours Shopping
July 21, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Kohl’s Broadens Kohl’s Media Network to Boost Advertising
Kohl’s Broadens Kohl’s Media Network to Boost Advertising
July 21, 2022  |  Retail

Kohl’s is expanding its in-house retail media agency, Kohl’s Media Network, giving partners access to a suite of omnichannel media services and broadening its advertising...

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Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
July 21, 2022  |  eCommerce

Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K....

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Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
July 21, 2022  |  Retail

Pointing to a combination of price increases, growing consumer demand for “needs-based consumable merchandise,” and its strongest-ever eCommerce sales, rural lifestyle retailer Tractor Supply said...

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AutoNation Feels Crunch of Rising Inflation Rates With Sales, Revenue Shifts
AutoNation Feels Crunch of Rising Inflation Rates With Sales, Revenue Shifts
July 21, 2022  |  Retail

Vehicle retailer AutoNation is feeling the pinch from inflation and bracing for next week’s Federal Reserve decision to boost interest rates as much as a...

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Mattel, SpaceX Look to Rekindle Astronaut Era With New Line of Toys
Mattel, SpaceX Look to Rekindle Astronaut Era With New Line of Toys
July 21, 2022  |  Retail

Mattel has inked a multi-year deal with spacecraft engineering company SpaceX that will see the iconic toymaker launch products “that inspire children and collectors alike...

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