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

Ted Baker Gets Multiple Buyout Proposals

Ted Baker Gets Multiple Buyout Proposals
Ted Baker Gets Multiple Buyout Proposals
April 27, 2022  |  Acquisitions

“A number” of potential suitors are angling to buy British fashion retailer Ted Baker, less than a month after the brand put itself on the...

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Mattel Considering Sale After Corporate Turnaround
Mattel Considering Sale After Corporate Turnaround
April 27, 2022  |  Retail

In the wake of completing its corporate turnaround earlier this year, toymaker Mattel has been discussing a potential sale with private equity firms, including Apollo...

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PYMNTS AM Radar: Discount Driver; Mental Health Reboot; Fraud Fighting Central; Storage Wars; Lease-to-Own Lifeline
PYMNTS AM Radar: Discount Driver; Mental Health Reboot; Fraud Fighting Central; Storage Wars; Lease-to-Own Lifeline
April 27, 2022  |  Retail

Today is Wednesday, April 27 and while gas prices have leveled off, the national average is still over $4 per gallon of regular. Walmart+ members,...

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Walmart Lures Subscription Members by Offering Deeper Gas Discounts
Walmart Lures Subscription Members by Offering Deeper Gas Discounts
April 27, 2022  |  Walmart

Walmart is trying to lure new people to its subscription membership service by offering a 10-cent discount per gallon of gas, double what the plan...

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Shopify to Power Luxury Brand Lanvin’s Digital Store
Shopify to Power Luxury Brand Lanvin’s Digital Store
April 26, 2022  |  eCommerce

Luxury fashion company Lanvin Group has entered into a commercial agreement with Shopify to build a North America digital platform, a press release said. Get...

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Apple Isn’t Filling Some Open Genius Tech-Support Jobs
Apple Isn’t Filling Some Open Genius Tech-Support Jobs
April 26, 2022  |  Apple

Apple will be slowing down hiring at some of its retail locations for its Genius technical support jobs, according to a Bloomberg report Tuesday (April...

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Food Rocket Snags $25M for Grocery Delivery Expansion
Food Rocket Snags $25M for Grocery Delivery Expansion
April 26, 2022  |  Investments

Food Rocket, the San Francisco company that promises grocery delivery in the Bay Area within 15 minutes, has secured $25 million in Series A funding...

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Today in Retail: Online Grocery Shopping Jumps 5% in March; Amazon, Ferragamo Shut Down Chinese Counterfeiter’s Belt Production
Today in Retail: Online Grocery Shopping Jumps 5% in March; Amazon, Ferragamo Shut Down Chinese...
April 26, 2022  |  Retail

Today in retail, online grocery adoption rises 5% in March, while Amazon helps stop a Ferragamo counterfeiter. Plus, consumers choose experiences over goods, JCPenney looks...

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Consumer Interest in Experiences Over Goods Puts Drag on Residential Deliveries 
Consumer Interest in Experiences Over Goods Puts Drag on Residential Deliveries 
April 26, 2022  |  Delivery

Consumers are choosing experiences over goods when spending money, UPS executives report. The company has heard from its customers that there has been some shift...

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