US retail
The Latest
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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 Profits Jump As Shoppers Flock Online
Direct sales of its own products, including its Alexa smart speakers, increased by 38%. 
Direct sales of its own products, including its Alexa smart speakers, increased by 38%. -
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." -
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. -
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. -
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." -
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. -
Authentic Brands, Simon Property Button Up Bid For Denim Maker Lucky Brand
Authentic says Lucky Brand helps its $13 billion business because its jeans are popular with younger buyers. 
Authentic says Lucky Brand helps its $13 billion business because its jeans are popular with younger buyers. -
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.
