retail
The Latest
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Sainsbury's Closes Deli Counters
The company said that its meat, fish, and deli counters will no longer be available starting next week. The company said that its meat, fish, and deli counters will no longer be available starting next week. -
Man Bites Dog: Walmart Goes Old School, Employs Humans, Sacks Robots
Walmart found human workers could be more effective than robots. Walmart found human workers could be more effective than robots. -
Amazon Says Best Prime Day Sales A Bonanza For Small Business
"We are thrilled that Prime Day was a record-breaking event worldwide with sales surpassing $3.5 billion – an increase of nearly 60% from last year." "We are thrilled that Prime Day was a record-breaking event worldwide with sales surpassing $3.5 billion – an increase of nearly 60% from last year." -
Amazon Introducing Biometric Payment Method To Speed Up Shopping
The company's new Amazon One contact-less biometric payment process effectively connects a person's palm print to his or her payment information. The company's new Amazon One contact-less biometric payment process effectively connects a person's palm print to his or her payment information. -
Amazon Launches Ultra High-End Invite-Only Online Luxury Store
Amazon launched its new Luxury Stores on Tuesday, giving select Prime members access to exclusive luxury products from its partners. Amazon launched its new Luxury Stores on Tuesday, giving select Prime members access to exclusive luxury products from its partners. -
VF Corp Kicking China E-Commerce Sales Into Gear With Tencent Tie Up
Vans owner saw its only latest-quarter rise in revenues in the China market with 9 percent growth. Vans owner saw its only latest-quarter rise in revenues in the China market with 9 percent growth. -
Locked-Down Americans Turning To DIY Help Lowe's Build Second-Quarter Earnings Rise
Lowe's second-quarter earnings beat estimates with a 68.7 percent increase in profit. Lowe's second-quarter earnings beat estimates with a 68.7 percent increase in profit. -
Stein Mart Is Latest U.S. Retailer To File For Bankruptcy
Stein Mart announced that it has already starting the liquidation process, which will entail a nationwide going-out-of-business sale at its outlets. Stein Mart announced that it has already starting the liquidation process, which will entail a nationwide going-out-of-business sale at its outlets. -
Simon Property Group To Buy More Bankrupt Retailers
Simon Property Group is actively seeking to salvage additional distressed companies as part of its new acquisition strategy. Simon Property Group is actively seeking to salvage additional distressed companies as part of its new acquisition strategy. -
Dyson To Reduce UK Workforce As Demand Slump Continues
Dyson plans to lay off more than 900 employees, most of which will be workers in its UK facilities, as part of its latest cost-cutting initiative Dyson plans to lay off more than 900 employees, most of which will be workers in its UK facilities, as part of its latest cost-cutting initiative