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

Exotec Raises $335M to Streamline Robotics Supply Chain

Exotec Raises $335M to Streamline Robotics Supply Chain
Exotec Raises $335M to Streamline Robotics Supply Chain
January 17, 2022  |  Investments

Global warehouse robotics company Exotec has closed a Series D funding round for $335 million at a $2 billion valuation, and it plans to use...

READ MORE >
Kount: 2021 Was the Year of Insights
Kount: 2021 Was the Year of Insights
January 17, 2022  |  Opinion

​​Companies large and small turned to data for up-to-the-minute consumer insights during a topsy-turvy 2021. Look for that trend to accelerate in 2022, says Brad...

READ MORE >
Peloton Prices Will Rise 15% as Connected Fitness Firm Ends Free Delivery and Assembly
Peloton Prices Will Rise 15% as Connected Fitness Firm Ends Free Delivery and Assembly
January 17, 2022  |  Retail

Peloton customers will pay an extra $250 for delivery and assembly of its Bike and another $350 for its Tread starting Jan. 31 due to...

READ MORE >
Katapult: 2021 Was the Year of Inclusion
Katapult: 2021 Was the Year of Inclusion
January 17, 2022  |  Opinion

Retailers stepped up to the plate for non-prime customers in 2021, offering installment programs that gave more people access to products and services. Orlando Zayas,...

READ MORE >
‘Reckless Experimentation’ With Tech Will Help Big Retailers Fast-Track Their Digital Transformation
‘Reckless Experimentation’ With Tech Will Help Big Retailers Fast-Track Their Digital Transformation
January 17, 2022  |  Retail

At this point of the pandemic, most large brick-and-mortar retail chains have established a functional — albeit basic — digital operation to support their core...

READ MORE >
Localized Payments Are the Gift That Keeps on Giving for Global Merchants
Localized Payments Are the Gift That Keeps on Giving for Global Merchants
January 17, 2022  |  Cross-border Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Today in Food Commerce: Alibaba Mulls Freshippo Fundraise; Restaurants Reformat for Off-Premise
Today in Food Commerce: Alibaba Mulls Freshippo Fundraise; Restaurants Reformat for Off-Premise
January 14, 2022  |  ResTech

Today in food commerce, Alibaba mulls a fundraise for its Freshippo grocery chain in China, valued at $10 billion, while retail giants race to overcome...

READ MORE >
Nearly Two-Thirds of Retail Subscribers Want to Deal Directly With Brands
Nearly Two-Thirds of Retail Subscribers Want to Deal Directly With Brands
January 14, 2022  |  Subscriptions

Nearly one-third of all U.S. consumers have at least one retail subscription. Among these retail subscribers, direct-to-consumer (D2C) subscriptions are quickly growing more popular, according...

READ MORE >
UK Economy Returns to Pre-COVID Levels
UK Economy Returns to Pre-COVID Levels
January 14, 2022  |  Economy

The U.K. economy surged past its pre-pandemic level for the first time in almost two years in November when it grew 0.9% in the month,...

READ MORE >