Information, News, and Companies and Events
Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations or online. Retailing includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power.
Shops may be on residential streets, streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing.
Shopping generally refers to the act of buying products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase.
Breaking Retail News News
Online shopping drives UK retail sales higher than expected
Economists predict latest ONS retail sales data points to 0.5% rise in GDP in second quarter, from 0.3% in first three monthsUK retail sales jumped far more than economists expected in May, supporting hopes that a modest economic recovery is gaining momentum.The volume of sales rose 1.9% compared with a year earlier, and 2.1% compared with April, largely driven higher by internet shopping according to the Office for National Statistics.The value ...from: The Guardian Retail News Feed
More Breaking Retail News News
This afternoon KamCity News Feed notes; "UK: Retail Sales See Strong Rise In May, Boosted By Supermarket Discounts And Online Shopping" and Retail Business Review News Feed announced that "Indonesian retail sales up 9.7% in April". Earlier today, "Consumer electronics retailer Darty posts 2.5% decline in annual revenues" wrote Retail Business Review News Feed
What are people saying about retail news on Twitter?
About SPi News
Sector Publishing Intelligence publishes market sector news, blogs, and press releases through its extensive news portal that aims to increase the sophistication of press/news dissemination on the Web. The site has been designed to join up useful news stories with helpful background data about companies, news providers and other related information to give visitors a holistic view on on an encyclopaedic range of topics.
Researchers and corporate visitors can use the power of our extensive databases to discover market news and information in a clear, quick and joined-up manner.
SPi has also created a large list of channels that may be of interest to visitors. These can been monitored using RSS Readers allowing followers to keep up to date with the latest breaking news as it happens. The full list of channels is shown at the bottom of the website.
There are also several Twitter accounts that can be followed for the most popular channels.