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 Firms Target Eco-Friendly Consumers Through Sustainability-Focused eCommerce Platforms

UK Firms Target Eco-Friendly Consumers Through Sustainability-Focused eCommerce Platforms
UK Firms Target Eco-Friendly Consumers Through Sustainability-Focused eCommerce Platforms
December 27, 2021  |  Innovation

Traditional brick-and-mortar retail models typically dictate that inventory must be available in the warehouse before it can be sold. But with an array of supply...

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Today in Data: Embracing Omnichannel, Consumers Want Fast, Easy and Cheap, Ikea’s Local Shift
Today in Data: Embracing Omnichannel, Consumers Want Fast, Easy and Cheap, Ikea’s Local Shift
December 27, 2021  |  Today In Data

Ikea is one of a number of retailers taking a little and local approach to brick-and-mortar sales. Plus, retailers must take note of the changing...

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Product Placement Goes to the Metaverse for Forever 21
Product Placement Goes to the Metaverse for Forever 21
December 27, 2021  |  Retail

Twenty-one years of age. A time when new opportunities are on the horizon and life is just beginning. Get the Full Story Complete the form...

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Retailers Pin Hopes on NFTs as Impulse Play
Retailers Pin Hopes on NFTs as Impulse Play
December 27, 2021  |  Retail

Nonfungible tokens – NFTs – are complicated, to put it lightly. For many consumers and retailers alike, they’re hard to explain, hard to conceptualize, and...

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Online Sales Drive Holiday Spend — and Returns
Online Sales Drive Holiday Spend — and Returns
December 27, 2021  |  Retail

What did holiday shopping look like this year? Well, we recently reported on how Mastercard — a company that just acquired Dynamic Yield from McDonald’s...

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At-Home COVID Test Kits Become Retail’s Biggest Holiday Inventory Challenge
At-Home COVID Test Kits Become Retail’s Biggest Holiday Inventory Challenge
December 27, 2021  |  Coronavirus

As supplies of at-home COVID-19 tests are either limited or completely gone across CVS and Walgreens locations across the U.S., Dr. Anthony Fauci, the chief...

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Omicron Concerns Cut UK’s Boxing Day Retail Traffic by 44%
Omicron Concerns Cut UK’s Boxing Day Retail Traffic by 44%
December 27, 2021  |  Coronavirus

The post-Christmas optimism about the retail sector’s turnaround quickly went sour across the U.K., where there was a 44% drop in foot traffic from the...

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Mastercard: Online Sales Grew 11% , US Retail Up 8.5% This Holiday Season
Mastercard: Online Sales Grew 11% , US Retail Up 8.5% This Holiday Season
December 26, 2021  |  Retail

A new Mastercard report released Sunday (Dec. 26) says holiday retail sales were up 8.5% this year for the time between Nov. 1 through Dec....

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UK Retail Foot Traffic Down 45% from 2019 Boxing Day
UK Retail Foot Traffic Down 45% from 2019 Boxing Day
December 26, 2021  |  Retail

The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from...

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