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: Facebook’s New Online Shopping Tools; Amazon Gets Over 1M Job Applicants

Today in Retail: Facebook’s New Online Shopping Tools; Amazon Gets Over 1M Job Applicants
Today in Retail: Facebook’s New Online Shopping Tools; Amazon Gets Over 1M Job Applicants
September 17, 2021  |  Retail

In today’s top retail news, Facebook is introducing new tools for businesses to connect with consumers, while Amazon says it’s received over 500,000 applications for...

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Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
September 17, 2021  |  Investments

New York-based curated menswear resale platform Grailed has just raised $60 million in new funding with a Series B round led by GOAT Group, an...

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UK-Based Brightpearl Snaps Up Inventory Planner
UK-Based Brightpearl Snaps Up Inventory Planner
September 17, 2021  |  Partnerships / Acquisitions

Omnichannel retail management platform Brightpearl has closed a deal to acquire inventory projection solution Inventory Planner for undisclosed terms, according to a press release on...

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Facebook Unveils New Online Shopping Tools 
Facebook Unveils New Online Shopping Tools 
September 17, 2021  |  Facebook

Facebook is introducing new tools for businesses to connect with potential customers on its app in a bid to become a destination for online shoppers. ...

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AMZN vs WMT Weekly: Amazon Rejects Monopoly Charges As Rival Walmart Rolls Hands-Free
AMZN vs WMT Weekly: Amazon Rejects Monopoly Charges As Rival Walmart Rolls Hands-Free
September 17, 2021  |  Retail

Amazon is facing a broadened antitrust complaint from District of Columbia Attorney General Karl Racine, this time focused on the eCommerce giant’s relationships with wholesalers...

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Walmart Dominates Amazon in Food Sales; Millennials, Gen Z Spur Brilliant Earth’s Growth; Consumers Spend More in August
Walmart Dominates Amazon in Food Sales; Millennials, Gen Z Spur Brilliant Earth’s Growth; Consumers Spend...
September 17, 2021  |  Today In Data

Brilliant Earth is looking at millennials and Gen Z customers as the key cogs in their long-term future. Plus, consumer spending rebounds in August behind...

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The Great Retail Conundrum: Easy Returns Are Costly, but Drive eCommerce Loyalty
The Great Retail Conundrum: Easy Returns Are Costly, but Drive eCommerce Loyalty
September 17, 2021  |  Retail

As eCommerce has accelerated over the past 18 months, so too have the number of returns retailers are seeing, with consumers ordering multiple sizes to...

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H-E-B Joins Store-in-a-Store Trend With New Jewelry Shop Partnership
H-E-B Joins Store-in-a-Store Trend With New Jewelry Shop Partnership
September 17, 2021  |  Retail

The grocery store is no longer just for food shopping. Texas chain H-E-B, which operates more than 420 stores in Texas and Mexico, announced this...

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Augmented Reality Helping Build ‘Store of the Future’
Augmented Reality Helping Build ‘Store of the Future’
September 17, 2021  |  Retail

Scrolling through social media, it’s easy to see how widespread the use of augmented reality (AR) has become. What once was considered to be a...

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