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

Today in Retail: Luxury Brands Embrace Resale; Cyber Monday Sales Fall for First Time in a Decade

Today in Retail: Luxury Brands Embrace Resale; Cyber Monday Sales Fall for First Time in a Decade
Today in Retail: Luxury Brands Embrace Resale; Cyber Monday Sales Fall for First Time in...
November 30, 2021  |  Retail

In today’s top retail news, luxury brands are actively curating their own selections of secondhand items to attract their niche of customers, while the new...

READ MORE >
Price Critical in Customers’ Decision to Return to Abandoned Cart
Price Critical in Customers’ Decision to Return to Abandoned Cart
November 30, 2021  |  eCommerce

Most consumers, or 86% of online shoppers, have abandoned a shopping cart at least once before completing a purchase, whether because they got distracted, wanted...

READ MORE >
Online Bulk Retailer Boxed Acquiring MaxDelivery
Online Bulk Retailer Boxed Acquiring MaxDelivery
November 30, 2021  |  Partnerships / Acquisitions

Online bulk retailer Boxed is set to acquire MaxDelivery, an on-demand grocery delivery service for New York City consumers. Get the Full Story Complete the...

READ MORE >
Black Friday Campaign Creates Strong Customer Engagement on Jumia Egypt Platform
Black Friday Campaign Creates Strong Customer Engagement on Jumia Egypt Platform
November 30, 2021  |  eCommerce

Africa-focused online marketplace Jumia started introducing the Black Friday sales concept to several of its African markets nine years ago. Get the Full Story Complete...

READ MORE >
The Top 5 Things We Learned About the US Shopper From Black Friday
The Top 5 Things We Learned About the US Shopper From Black Friday
November 30, 2021  |  Retail

With the busiest shopping day of the year having come and gone and its online equivalent now in the history books too, PYMNTS’ Black Friday...

READ MORE >
India’s Snapdeal Prepping for $250M IPO
India’s Snapdeal Prepping for $250M IPO
November 30, 2021  |  IPO

The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. Get the Full Story Complete...

READ MORE >
Cyber Monday Sales Fall to $10.7B
Cyber Monday Sales Fall to $10.7B
November 30, 2021  |  Retail

Cyber Monday sales fell for the first time in at least a decade, dropping 1.4% from $10.8 billion last year to $10.7 billion this year,...

READ MORE >
India’s JioMart Turns to WhatsApp in Grocery Wars 
India’s JioMart Turns to WhatsApp in Grocery Wars 
November 30, 2021  |  Mobile Applications

India’s JioMart will now let customers order groceries using WhatsApp, a move designed to carve out a space in a market dominated by Amazon and...

READ MORE >
iMile Delivery Grabs $40M for Global Expansion 
iMile Delivery Grabs $40M for Global Expansion 
November 30, 2021  |  Investments

Dubai-based delivery company iMile founder and CEO Rita Huang on Tuesday (Nov. 30) said the company has wrapped up a $40 million Series A funding...

READ MORE >