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 Acquired by Korean eCommerce Giant Coupang
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023  |  Retail

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...

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Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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VF Corporation Says Cyberattack Impacts Ability to Fulfill Orders
VF Corporation Says Cyberattack Impacts Ability to Fulfill Orders
December 18, 2023  |  Security & Fraud

VF Corporation, the owner of Vans, The North Face, Timberland and Dickies, is having trouble fulfilling orders after a Wednesday (Dec. 13) cyberattack. Consumers can...

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Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
December 18, 2023  |  Retail

As grocers seek ways to monetize consumers’ enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the...

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Unilever Sells Q-Tips and Other Brands to Yellow Wood
Unilever Sells Q-Tips and Other Brands to Yellow Wood
December 18, 2023  |  Retail

Unilever is set to sell Q-Tips and a number of its other personal care and beauty brands. The consumer packaged goods giant on Monday (Dec. 18)...

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Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
December 18, 2023  |  Apple

Apple is set to halt sales of two models of its smartwatch in the coming days as the company prepares to comply with a U.S....

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H&M Loses Market Share in Fast Fashion, Pivots to Target New Spenders 
H&M Loses Market Share in Fast Fashion, Pivots to Target New Spenders 
December 18, 2023  |  Retail

As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and...

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Zalando Aims to Boost Membership With Exclusive Shopping Invitations 
Zalando Aims to Boost Membership With Exclusive Shopping Invitations 
December 18, 2023  |  Retail

As prices go up, people are cutting back on things they don’t really need. Retailers can keep customers spending by offering attractive perks through memberships....

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Consumers Need Incentives to Pick Pay-by-Bank Options
Consumers Need Incentives to Pick Pay-by-Bank Options
December 18, 2023  |  Retail

Account-to-account (A2A) payments do just what the name implies: transfer funds between bank accounts in near real time. These payments have gained traction in recent...

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