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2. Retail apocalypse - Wikipedia

   en.wikipedia.org/wiki/Retail_apocalypse

   Bankruptcies accelerated from March 2020 as a result of the COVID-19 recession and Inflation. Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 and accelerating due to the mandatory closures during the COVID-19 pandemic. [2] [3]

3. Discounts and allowances - Wikipedia

   en.wikipedia.org/wiki/Discounts_and_allowances

   Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...

4. Airbnb - Wikipedia

   en.wikipedia.org/wiki/Airbnb

   The company also laid off approximately 1,900 employees, or about 25% of its workforce in the Americas, Europe, and Asia due to the pandemic. On December 10, 2020, the company became a public company via an initial public offering, raising $3.5 billion.

5. Off-price - Wikipedia

   en.wikipedia.org/wiki/Off-price

   Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to ...

6. Austin, Texas - Wikipedia

   en.wikipedia.org/wiki/Austin,_Texas

   Austin, Texas. /  30.26722°N 97.74306°W  / 30.26722; -97.74306. Austin ( / ˈɔːstɪn / AW-stin) [7] is the capital of the U.S. state of Texas and the county seat and most populous city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, [8] it is the 11th-most populous city ...

7. History of retail - Wikipedia

   en.wikipedia.org/wiki/History_of_retail

   The history of retail encompasses the sale of goods and services to consumers across all cultures and time periods from ancient history to the present. [1] Commerce first took the form of bargaining between early human civilizations. Beginning with Middle Eastern towns in the 7th millennium BCE, retail markets emerged when civilizations created ...