Walmart Announces Membership Service in Attempt to Compete With Amazon03 Sep 2020
Walmart is rolling out its newest and much-anticipated attempt to compete with Amazon Prime: a membership service that will give... Continue Reading
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Why Whole Foods is Trying Out a ’dark Store’ as Part of Its Vision for the Future of Grocery Shopping Online03 Sep 2020
An earlier version of this story gave the wrong number of Whole Foods temporary online-only stores that have converted back... Continue Reading
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J.C. Penney Sale Talks Stall, Pushing Retailer to Brink03 Sep 2020
J.C. Penney Co Inc’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store... Continue Reading
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Better Buy: Costco vs. Best Buy02 Sep 2020
While both Best Buy (NYSE:BBY) and Costco (NASDAQ:COST) have done better than most other retailers during the pandemic, only one... Continue Reading
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Stimulus, Online Boost Q2 Results for Hibbett Sports02 Sep 2020
Stimulus money and pent-up consumer demand helped Hibbett Sports, which sells athletic-inspired fashion, achieve a 74.9% year-over-year revenue increase in... Continue Reading
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J.Jill Avoids Bankruptcy – at Least for Now02 Sep 2020
J.Jill has once again bought itself more time — 10 days — to avoid a bankruptcy filing. The struggling women’s... Continue Reading
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Macy’s Earnings Preview: Watch the Digital Shift02 Sep 2020
It is the last — and possibly the most important — retailer to post second-quarter earnings. When Macy’s takes the... Continue Reading
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Why Whole Foods is Trying Out a ‘Dark Store’ as Part of Its Vision for the Future of Grocery Shopping Online02 Sep 2020
Corrections & Clarifications: An earlier version of this story gave the wrong number of Whole Foods temporary online-only stores that... Continue Reading
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Amazon’s Drone Delivery Ambitions Hit Key Milestone with New Faa Approval02 Sep 2020
The Federal Aviation Administration this weekend approved Amazon’s Prime Air arm as an official “air carrier,” marking a key milestone... Continue Reading
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Jcpenney Proposes to Sell Company Out of Bankruptcy02 Sep 2020
J.C. Penney Co. is proposing to sell its assets out of bankruptcy to top lenders after hitting a stalemate with... Continue Reading
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Giant Eagle goes Live with Checkout-Free Payment at GetGo Store02 Sep 2020
Chain plans rollout of Grabango technology at its grocery and convenience stores Giant Eagle has publicly launched cashierless payment technology... Continue Reading
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US Ecommerce Sales Grew by Nearly a Third in Q202 Sep 2020
Under stay-at-home orders, US consumers shopped heavily online, as expected: In Q2 2020, US retail ecommerce sales grew by almost... Continue Reading
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