Retail Industry
The Latest
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UK Retailer EWM Group Warns Of Job Cuts As It Restructures
There will inevitably be significant cuts and closures," the group's chief executive officer Steve Simpson says. 
There will inevitably be significant cuts and closures," the group's chief executive officer Steve Simpson says. -
Walmart Signs Three Drone Deals
Walmart is launching drone delivery of at-home COVID-19 kits. 
Walmart is launching drone delivery of at-home COVID-19 kits. -
H&M To Close Down More Stores Despite Better-Than-Expected Sales Recovery
During the height of the pandemic, the company was forced to close more than 80% of its stores worldwide. Many have reopened but 3% remain closed. 
During the height of the pandemic, the company was forced to close more than 80% of its stores worldwide. Many have reopened but 3% remain closed. -
Bed Bath & Beyond Shares Jump By More Than 18% On Positive Earnings
Bed Bath & Beyond reported that its online business grew by more than 80% during its latest quarter ended August. 
Bed Bath & Beyond reported that its online business grew by more than 80% during its latest quarter ended August. -
Nike's Online Sales Show Pandemic Clean Pair Of Heels As Buyers Sprint To Its Website
American sportswear company Nike is doubling down efforts to accelerate its digital business after reporting analyst-busting quarterly earnings. 
American sportswear company Nike is doubling down efforts to accelerate its digital business after reporting analyst-busting quarterly earnings. -
Six People Indicted For Bribing Amazon Staff To Gain Unfair Selling Advantage
The defendants beat Amazon restrictions and filters and sold defective, fake and dangerous products. 
The defendants beat Amazon restrictions and filters and sold defective, fake and dangerous products. -
American Retailer Century 21 Goes Bust After Insurers Turn Their Backs
Century 21 will file legal action against several insurance providers one of which said the pandemic was simply "uninsurable." 
Century 21 will file legal action against several insurance providers one of which said the pandemic was simply "uninsurable." -
India’s Reliance Industries Said To Offer $20 Billion Stake In Retail Business To Amazon.com
Reliance is willing to sell as much as 40% in a subsidiary and the deal would be India’s biggest, according to data from Bloomberg. 
Reliance is willing to sell as much as 40% in a subsidiary and the deal would be India’s biggest, according to data from Bloomberg. -
Fly Me: Walmart Says Get It Better By Air
American retailer Walmart is launching a pilot program to test its drone delivery service for groceries ordered by customers online. 
American retailer Walmart is launching a pilot program to test its drone delivery service for groceries ordered by customers online. -
Mourning Joe: Costa Coffee Says Goodbye To More China Cafes In Cost-Cutting
After closing 40 outlets in China in August Costa Coffee will shut even more through January 2021 thanks to the economic downturn. 
After closing 40 outlets in China in August Costa Coffee will shut even more through January 2021 thanks to the economic downturn.
