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

As Bidders Stalk Kohl’s, JCPenney’s 650 Locations and Customers Deserve 2nd Look

As Bidders Stalk Kohl’s, JCPenney’s 650 Locations and Customers Deserve 2nd Look
As Bidders Stalk Kohl’s, JCPenney’s 650 Locations and Customers Deserve 2nd Look
April 01, 2022  |  Retail

If Kohl’s, with 1,100 stores and roughly $20 billion in revenue, is worth $9 billion, how much would storied department store chain JCPenney, with 650...

READ MORE >
Macy’s to Open North Carolina Fulfillment Center to Streamline Operations
Macy’s to Open North Carolina Fulfillment Center to Streamline Operations
April 01, 2022  |  Retail

Macy’s is continuing its transition to becoming a multi-brand omnichannel leader rather than a department store with the announcement Thursday (March 31) of a scheduled...

READ MORE >
Penske UK Subsidiary Acquires 3 BMW MINI Dealers, Collision Center
Penske UK Subsidiary Acquires 3 BMW MINI Dealers, Collision Center
April 01, 2022  |  Retail

Sytner Group, the U.K. subsidiary of international transportation services company Penske Automotive Group, has acquired three BMW MINI dealerships and a collision center in the...

READ MORE >
Fashion Rental Platform By Rotation Raises $2.9M
Fashion Rental Platform By Rotation Raises $2.9M
April 01, 2022  |  Investments

U.K.-based fashion rental platform By Rotation has raised $2.9 million (2.7 million euros) in seed funding as it prepares to expand to the U.S. Get...

READ MORE >
Grocery Roundup: Kroger Boosts Digital Ad Business; Funds Pour in for eGrocery Marketplaces
Grocery Roundup: Kroger Boosts Digital Ad Business; Funds Pour in for eGrocery Marketplaces
March 31, 2022  |  Commerce

As food costs continue to rise at an alarming rate, grocers are forced to choose between absorbing the cost, seeing their already narrow margins become...

READ MORE >
Today in Retail: Tempur Sealy Expects 15% YoY Growth; FTD Uses Data to Cultivate Customers
Today in Retail: Tempur Sealy Expects 15% YoY Growth; FTD Uses Data to Cultivate Customers
March 31, 2022  |  Retail

Today in retail, Tempur Sealy expects to report 15% year-over-year growth for fiscal 2022’s first quarter, while FTD uses data to grow lifelong customers of...

READ MORE >
Walmart Uses Tech, Innovation and 90% of Population That Shops There to Ramp Global Ad Biz
Walmart Uses Tech, Innovation and 90% of Population That Shops There to Ramp Global Ad...
March 31, 2022  |  Retail

Just two weeks after flagging a huge opportunity in advertising during its fourth-quarter earnings report, Walmart has rolled out a three-pronged strategy to link its...

READ MORE >
Today in Data: Fake It ’Til You Hack It
Today in Data: Fake It ’Til You Hack It
March 31, 2022  |  Today In Data

Today in Data, the Axie Infinity game was hacked for $540 million in cryptocurrency. Plus, healthcare data breaches fall for the third consecutive month and...

READ MORE >
Tempur Sealy Expects 15% Q1 YoY Growth
Tempur Sealy Expects 15% Q1 YoY Growth
March 31, 2022  |  Retail

Tempur Sealy International said it expects to report 2022 first-quarter consolidated net sales growth of about 15% year over year when it gives its quarterly...

READ MORE >