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

thredUp Posts Record Revenues but Struggles to Get Investors to Believe in Resale

thredUp Posts Record Revenues but Struggles to Get Investors to Believe in Resale
thredUp Posts Record Revenues but Struggles to Get Investors to Believe in Resale
March 08, 2022  |  Earnings

Fourth-quarter 2021 earnings numbers looked largely positive for resale platform thredUP Monday (March 7), but investors — and even CEO and Co-Founder James Reinhart —...

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eCommerce Tumbles for Dick’s Sporting Goods
eCommerce Tumbles for Dick’s Sporting Goods
March 08, 2022  |  Retail

Shoppers’ return to their local Dick’s Sporting Goods store took a bite out of the omnichannel sporting goods retailer’s eCommerce business — both for the...

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Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
March 07, 2022  |  Retail

It took over a decade to do it, but new data from PYMNTS confirm that Amazon ended 2021 with a larger share of U.S. retail...

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Walmart-Owned Massmart Reports $290M+ Loss, Turns To Growing eCommerce Business
Walmart-Owned Massmart Reports $290M+ Loss, Turns To Growing eCommerce Business
March 07, 2022  |  Earnings

South Africa-based retail group Massmart Holdings said on Monday (March 7) that it was still feeling the severe impact of a July 2021 civil unrest...

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Today in Retail: Kohl’s Reinvents Its Brand; Bed Bath & Beyond Climbs as Push to Sell Grows Stronger
Today in Retail: Kohl’s Reinvents Its Brand; Bed Bath & Beyond Climbs as Push to...
March 07, 2022  |  Retail

Today in retail, Kohl’s reinvents its brand, while Bed Bath & Beyond considers a sale. Plus, Binance unveils payments technology firm Bifinity, Walmart partners with...

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Millennials, Gen Z Fueling BNPL Use
Millennials, Gen Z Fueling BNPL Use
March 07, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) continues to grow in popularity across every age demographic, with the rate of American consumers using the practice rising 80%...

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Binance Jumps Into Payments Processing, Eyes Web3
Binance Jumps Into Payments Processing, Eyes Web3
March 07, 2022  |  Cryptocurrency

The world’s largest cryptocurrency exchange has launched its own payments technology firm. Get the Full Story Complete the form to unlock this article and enjoy...

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Kohl’s Promises ‘Reinvention,’ Aims to Make French Retailer Sephora a $2B Business
Kohl’s Promises ‘Reinvention,’ Aims to Make French Retailer Sephora a $2B Business
March 07, 2022  |  Retail

Kohl’s CEO Michelle Gass defended the company’s progress at refreshing its brand Monday (March 7) amid investor pressure on the department store to consider a...

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Today in Data: New Offerings From Amazon and Walmart; Customer Verification Remains a Challenge; Costco Competes With Itself
Today in Data: New Offerings From Amazon and Walmart; Customer Verification Remains a Challenge; Costco...
March 07, 2022  |  Today In Data

Verifying new customers’ identities remains the biggest challenge for businesses. Plus, Costco looking to stand out from the crowd with its unusual product mix, and...

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