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

UK FinTech Trust Payments Acquires WonderLane

UK FinTech Trust Payments Acquires WonderLane
UK FinTech Trust Payments Acquires WonderLane
February 01, 2022  |  Acquisitions

U.K. FinTech Trust Payments has acquired retail technology firm WonderLane, the company announced in  a news release Monday (Jan. 31). Get the Full Story Complete...

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Tractor Supply Adds Accountants, Purchasing Pros in Bid to Lower Costs
Tractor Supply Adds Accountants, Purchasing Pros in Bid to Lower Costs
February 01, 2022  |  Retail

With inflation on the rise, rural lifestyle retailer Tractor Supply Company has ramped up its cost-cutting efforts even as it celebrated continued net sales growth...

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Sony Buys Video Game Maker Bungie for $3.6B
Sony Buys Video Game Maker Bungie for $3.6B
February 01, 2022  |  Acquisitions

A division of Sony Group Corp. has agreed to purchase 100% of the shares of Bungie Inc., an independent video game developer, for $3.6 billion,...

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Composable Commerce Firm Elastic Path Raises $60M
Composable Commerce Firm Elastic Path Raises $60M
February 01, 2022  |  Investments

Composable commerce firm Elastic Path nailed $60 million in a growth financing round from BlackRock-managed funds and accounts, with existing investors joining the round led...

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American Consumers Expected to Spend $175 Each for Valentine’s Day
American Consumers Expected to Spend $175 Each for Valentine’s Day
January 31, 2022  |  Retail

The National Retail Federation says spending for Valentine’s Day will top $23.9 billion this year, according to a press release – the second highest year...

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Pinterest Users Can Tap New AR Home Decor Tool
Pinterest Users Can Tap New AR Home Decor Tool
January 31, 2022  |  eCommerce

Pinterest is introducing a new augmented reality (AR) tool that enables users to evaluate home décor options and virtually place them before committing to buy...

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Today in Retail: Macy’s Future Is Getting Smaller; Walmart, Angi Join Forces
Today in Retail: Macy’s Future Is Getting Smaller; Walmart, Angi Join Forces
January 31, 2022  |  Retail

Today in retail, Macy’s is considering smaller stores, while Walmart is partnering with Angi, which will offer its in-home project services via the retailer. Plus,...

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Used Car eCommerce Platform Holds Pop-up Event for Sellers
Used Car eCommerce Platform Holds Pop-up Event for Sellers
January 31, 2022  |  eCommerce

Used car eCommerce platform Shift has tried out another way to make it convenient for consumers to sell their cars. Already offering its customers the...

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Ultrafast Grocers’ Losses Mount in the Face of an Uncertain Future
Ultrafast Grocers’ Losses Mount in the Face of an Uncertain Future
January 31, 2022  |  Delivery

Ultrafast grocers are hemorrhaging money. A recent Wall Street Journal report has found that these on-demand delivery services’ losses can amount to as much as...

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