January 12, 2023
Via: ChargedVery enjoyed a 2.2% uplift in retail sales in the lead-up to Christmas, citing the popularity in air fryers and games consoles as the reason. Sales in the toys, gifts and beauty categories also increased by 17.7% in the seven […]
December 21, 2022
Via: Retail TouchPointsFedEx is planning to cut an additional $1 billion in costs, citing weak demand that led to a disappointing profit for Q2 2023, which ended Nov. 30. Most of the cuts are expected to impact the Express unit through measures […]
November 16, 2022
Via: Retail TouchPointsInflation continued to loom in Q3 2022 and it has proven to be the defining force for many retailers. Walmart’s comparable sales rose 8.2% as shoppers flocked to the retail giant for inexpensive groceries, while Target’s comparable sales rose 2.7% […]
August 4, 2021
Via: ChargedAlibaba missed analyst expectations over the previous quarter as increasing competition from rivals and an ongoing government-led “rectification” campaign. The ecommerce giant saw retail revenues jump by 35 per cent to 180.24 billion yuan (£19.99 billion) in the three months […]
October 30, 2020
Via: ChargedAmazon has seen its shares dip two per cent in morning trading after it warned that its Christmas quarter could be “tight”. The online retail behemoth spooked investors yesterday after it warned that it could struggle to meet demand for […]
January 13, 2016
Via: Chain Store AgeA new study links retailers’ success to an omnichannel strategy that includes physical stores. According to the report, by L2 and titled “Death of Pureplay Retail,” online-only retailers are at a disadvantage due to high costs for marketing and shipping, […]
July 10, 2024
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