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

Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand

Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand
Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand
October 19, 2021  |  Delivery

Around the world, the ultra-fast delivery space is heating up. On Tuesday (Oct. 19), Berlin-based 10-minute grocery delivery startup Gorillas announced a nearly $1 billion Series...

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Marketplaces Mull How to Combat $464B of Counterfeit Goods
Marketplaces Mull How to Combat $464B of Counterfeit Goods
October 19, 2021  |  Retail

Amazon, eBay and Etsy, which months ago united in opposition to legislation in the U.S. Senate designed to protect online shoppers from counterfeit products, now...

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Consumers Expect 2-Hr. Delivery, Supply Chain Adjustments, Saks’ Digital Shift
Consumers Expect 2-Hr. Delivery, Supply Chain Adjustments, Saks’ Digital Shift
October 19, 2021  |  Today In Data

Retailers look to lure new customers with alterations of their supply chain logistics. Plus, Saks Fifth Avenue is eyeing a public offering as soon as...

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Malls Try to Fill Vacancies With Experiences as Traffic Remains Down
Malls Try to Fill Vacancies With Experiences as Traffic Remains Down
October 19, 2021  |  Retail

Mall of America is planning to open a new eSports broadcast studio and gaming venue in early 2022 as shopping centers across the country try...

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P&G: Homebound, Health-Conscious Consumers Still Driving Increased Consumption
P&G: Homebound, Health-Conscious Consumers Still Driving Increased Consumption
October 19, 2021  |  Retail

With the delta variant slowing workers’ return to the office, consumer goods giant Procter & Gamble Co. said demand for many of its products remains...

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H&M, Iablaco Partner on Blockchain-Based Clothing Rental Service
H&M, Iablaco Partner on Blockchain-Based Clothing Rental Service
October 19, 2021  |  Retail

Clothing retailer H&M’s Mitte Garten location and circular fashion platform Iablaco on Tuesday (Oct. 19) debuted a rental service that capitalizes on the emerging connected...

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Clinique Launches NFT for Rewards Members
Clinique Launches NFT for Rewards Members
October 19, 2021  |  Retail

Beauty brand Clinique on Tuesday (Oct. 19) said it is launching the brand’s first digital collectible: a limited-edition non-fungible token (NFT). Get the Full Story...

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Retailers Need to Combat Fraud and False Declines to Win Lifetime Customers
Retailers Need to Combat Fraud and False Declines to Win Lifetime Customers
October 19, 2021  |  Security & Fraud

“Forty percent of shoppers who are declined on their first visit won’t return, and one-third will end up seeking out the competition,” says Liron Damri,...

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COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification
COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification
October 19, 2021  |  Retail

As physical and digital shopping worlds collide, consumers are increasingly making decisions about whether to shop in-store or online based not on product availability but...

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