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Walmart earnings and outlook fall short as holiday season disappoints

February 18, 2020

Via: CNBC
Category: Retail Types, Stores

Walmart on Tuesday reported fiscal fourth-quarter earnings that fell short of analysts’ estimates, as the retailer saw weak demand for toys, apparel and video games during the holiday season. Its outlook for the upcoming year also came up short of […]


Under Armour shares tank on sales miss, sees $50 million to $60 million hit from coronavirus

February 11, 2020

Via: CNBC
Category: Retail Types, Stores

Under Armour shares plummeted Monday morning after the company reported sales that missed analysts’ estimates during the holiday quarter and issued a bleak outlook. It said it is facing “ongoing demand challenges” for its athletic apparel and sneakers, and is […]


Sephora to open 100 stores in 2020, in bid to grow outside of the mall

February 4, 2020

Via: CNBC
Category: Retail Types, Stores

Beauty retailer Sephora has big growth plans, at a time when many businesses are shutting their doors for good. The company, owned by Louis Vuitton parent company LVMH, will open 100 stores in 2020. This marks its largest real estate […]


E-payment & Data Security, Tech

Retail’s Fraud Problem Is A Fear Problem

February 17, 2020

Via: Retail TouchPoints

The history of retail is also the history of evolving patterns of fraud. Human nature being what it is, there are always individuals who try to cheat the system and get something for nothing. In recent years, retail fraud attempts […]


Suppliers

1300 jobs cut as Amazon severs ties with small delivery companies across the US

February 17, 2020

Via: Charged

Amazon has culled contracts with small delivery firms across the US who failed to “meet our high standards” leading to over 1000 job losses. Around 1300 delivery drivers across the US are now facing redundancy after Amazon abruptly severed ties […]


Customer Engagement, Customer Experience

4 reasons customers leave – and how to keep them with you

February 14, 2020

Via: Customer Experience News & Trends

What’s worse than losing customers? Not knowing why they left. If only you knew there were problems earlier – or knew exactly when they stopped doing business with your company – you could probably reverse course. Right the wrong. Make […]