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

U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 

U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
March 15, 2022  |  eCommerce

U.S. consumers spent $1.7 trillion online from March 2020 to February 2022, Adobe announced during the kickoff of the Adobe Summit on Tuesday (March 15)....

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Macy’s Will Revamp Website, Turn Employees Into Stylists
Macy’s Will Revamp Website, Turn Employees Into Stylists
March 15, 2022  |  Retail

Macy’s plans to overhaul its website and train some employees to become personal stylists in an attempt to offer more customized shopping. Get the Full...

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Ultrafast Grocery Acquisitions Continue Amid Category’s Demand for Consolidation
Ultrafast Grocery Acquisitions Continue Amid Category’s Demand for Consolidation
March 15, 2022  |  Delivery

Because reaching scale is ultrafast grocers’ only hope of making the model work, the number of players currently making moves in the space around the...

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H&M Group Net Sales Up 23% in FY22 Q1
H&M Group Net Sales Up 23% in FY22 Q1
March 15, 2022  |  Retail

H&M Group on Tuesday (March 15) announced its net sales for the first quarter of fiscal 2022 were up 23% year over year, finishing the...

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Katapult Says Strategic Investments, Pending Platform Upgrades Can Offset Eco Headwinds
Katapult Says Strategic Investments, Pending Platform Upgrades Can Offset Eco Headwinds
March 15, 2022  |  Retail

It’s tough out there right now and economic uncertainty and rising prices are clearly making life difficult for retailers and consumers who have already endured...

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Walmart Global Tech Hiring 5,000+; Adding Hubs in Atlanta, Toronto
Walmart Global Tech Hiring 5,000+; Adding Hubs in Atlanta, Toronto
March 15, 2022  |  Walmart

Walmart Global Tech on Tuesday (March 15) announced it is hiring more than 5,000 associates globally this fiscal year and adding hubs in Toronto and...

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Differentiation, Education, Amplification: Secrets of a D2C Toothpaste Startup
Differentiation, Education, Amplification: Secrets of a D2C Toothpaste Startup
March 15, 2022  |  Retail

It is a quintessential David vs. Goliath fight, only in this case David is a clever personal products inventor and Goliath are the toothpaste titans of...

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Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of Goods’ to Reflect Consumption Habits
Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of...
March 14, 2022  |  Retail

Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio....

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Report: Standard Chartered in Kenya to Focus on Retail Customers
Report: Standard Chartered in Kenya to Focus on Retail Customers
March 14, 2022  |  Retail

Standard Chartered Plc., a London-based global financial services company, said its Kenyan branch will focus on the East African nation’s retail sector, Bloomberg reported Monday...

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