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

Farfetch Acquires Luxury Reseller Luxclusif

Farfetch Acquires Luxury Reseller Luxclusif
Farfetch Acquires Luxury Reseller Luxclusif
December 09, 2021  |  Retail

Luxury retail platform Farfetch has acquired resale platform Luxclusif for an undisclosed sum, Farfetch announced Thursday (Dec. 9). Get the Full Story Complete the form...

READ MORE >
Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
December 09, 2021  |  Retail

Supply chain bottlenecks are still slowing delivery of some RH items, executives said Wednesday (Dec. 8), but most customers are willing to wait as the...

READ MORE >
Rent the Runway Eyes Potential Opportunity Beyond Fashion
Rent the Runway Eyes Potential Opportunity Beyond Fashion
December 09, 2021  |  Retail

In the company’s first quarterly report since going public in October, Rent the Runway executives said they see massive opportunities for customer acquisition in the...

READ MORE >
Buy Now, Pay Later Bulks Up With New Verticals and Bigger Ticket Sizes
Buy Now, Pay Later Bulks Up With New Verticals and Bigger Ticket Sizes
December 09, 2021  |  Buy Now Pay Later

The buy now, pay later (BNPL) wave first formed around relatively inexpensive fashion and beauty goods, but industry watchers keep looking for new use cases...

READ MORE >
Consumers Bring Domestic eCommerce Demands to Growing Cross-Border Transactions
Consumers Bring Domestic eCommerce Demands to Growing Cross-Border Transactions
December 09, 2021  |  Cross-border Payments

More than a decade ago, when cosmetics company 100% Pure was starting to sell internationally, it ran a separate website for each country, which “was...

READ MORE >
GameStop’s Losses Widen as it Moves to eCommerce Retail
GameStop’s Losses Widen as it Moves to eCommerce Retail
December 08, 2021  |  Retail

Seeing losses in the fiscal Q3, GameStop also saw its shares fall by 4%, CNBC reported Wednesday (Dec. 8). Get the Full Story Complete the...

READ MORE >
Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
December 08, 2021  |  Retail

Fashion rental platform Rent the Runway saw its shares falling over 13% as it posted broader third-quarter losses, CNBC reported Wednesday (Dec. 8). Get the...

READ MORE >
Today in Retail: Stitch Fix Pivots to Direct Purchases; Wayfair Bets Stores Can Support Flagging eCommerce
Today in Retail: Stitch Fix Pivots to Direct Purchases; Wayfair Bets Stores Can Support Flagging...
December 08, 2021  |  Retail

In today’s top retail news, Stitch Fix is focusing on its new Freestyle direct purchase feature to make up for its suffering subscription business, while...

READ MORE >
Work-from-Home Trend Not Working for Stores Whose Clientele Is Mainly Office Workers
Work-from-Home Trend Not Working for Stores Whose Clientele Is Mainly Office Workers
December 08, 2021  |  Retail

Few, if any, remote workers are complaining about the work from home (WFH) uniform of sweatpants, or giving up the commute, but for millions of...

READ MORE >