Gap Swings to Q2 Loss; Ups Store Closures29 Aug 2020
Gap Inc. swung to a second-quarter net loss as store sales fell 48%, partially offset by surging online sales. As... Continue Reading
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Walmart is Teaming up with Microsoft on Tiktok Bid27 Aug 2020
Walmart said Thursday that it’s teaming up with Microsoft in a bid for TikTok. The retail giant confirmed to CNBC... Continue Reading
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Introducing the First Amazon Fresh Grocery Store27 Aug 2020
Today we’re announcing the Amazon Fresh grocery store—a new grocery store designed from the ground up to offer a seamless... Continue Reading
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Dollar Stores get Another Boost from Pandemic Shopping Habits in Q227 Aug 2020
Dive Insight: Like Walmart, Target and other general merchandisers, the dollar stores have seen surges in demand as consumers consolidate... Continue Reading
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Making It Easier to Shop and Sell on Our Apps27 Aug 2020
During the COVID-19 pandemic, the shift to online shopping has rapidly accelerated, with an estimated 85% of people worldwide now... Continue Reading
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Digital Sales Soar 300% at BJ’s Wholesale27 Aug 2020
BJ’s Wholesale Club’s sales and profit surged in the second quarter as members stocked up on groceries, mostly online, during... Continue Reading
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Making It Easier to Shop and Sell on Our Apps27 Aug 2020
During the COVID-19 pandemic, the shift to online shopping has rapidly accelerated, with an estimated 85% of people worldwide now... Continue Reading
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Nike Will No Longer Sell to Zappos, Dillard’s & These Big Retailers, Analyst Says27 Aug 2020
As it forges ahead with an intense focus on its Consumer Direct offense strategy, Nike will no longer sell to... Continue Reading
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Longtime CEO of Zappos Steps Down; Successor Named27 Aug 2020
There has been a change at the top of Amazon-owned Zappos. Tony Hsieh, 46, has stepped down as CEO of... Continue Reading
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Best Buy to Experiment with Turning Some Stores Into Hubs as It Bets on Permanent Shift Toward Online Shopping27 Aug 2020
Best Buy faces plenty of uncertainty with the coronavirus pandemic, but CEO Corie Barry said the retailer is certain that... Continue Reading
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Taco Bell Unveils New Design with More Drive-Thrus as Pandemic Permanently Shifts how We Order27 Aug 2020
Taco Bell unveiled its latest restaurant design on Thursday, intended to push customers to order their nachos and burritos ahead... Continue Reading
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Toys ‘R’ US Just Foolishly Gave Amazon The Christmas Gift Of A Lifetime25 Aug 2020
This past week Forbes received confirmation that Amazon AMZN +0.7% will provide the digital capabilities and fulfillment services for the... Continue Reading
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