Category: Retail Types

November 24, 2020

Best Buy’s third-quarter earnings soared past Wall Street’s expectations, but shares dropped Tuesday as the retailer warned of headwinds from higher shipping costs, inventory challenges and lower-margin holiday sales. The retailer declined to provide an outlook for the fourth quarter […]

November 24, 2020

Amazon is urging shoppers to click & collect their online orders from its physical stores as it tries to ease the pressure on its delivery operations this Christmas period. In signs the ecommerce giant expects its logistics network to be […]

November 23, 2020

Walgreens is the latest drugstore giant to promise its customers access to Covid-19 vaccines once available as large chains and independent pharmacies prepare to do their part to address the pandemic. Drugstore chains are beginning to ramp up marketing of […]

November 23, 2020

Kohl’s management is gearing up for the holiday season after concluding a third quarter that was above expectations in both sales and earnings. Management indicated that back to school sales in August were weak and sales were disappointing. However, sales […]

November 23, 2020

Amazon has announced plans to delay its Black Friday sales event in France to allow smaller independent retailers struggling during lockdown the chance to compete. The ecommerce giant, alongside other leading French retailers like Carrefour, will now not launch any […]

November 20, 2020

Walmart is opening two new “Walmart Health” centers in Chicago neighborhoods marred earlier this year by rioting and unrest triggered by police brutality as part of a “renewed commitment to a city that has been through a lot,” the giant […]

November 19, 2020

Macy’s on Thursday reported a quarterly same-store sales decline of more than 20%, as consumers cut back their spending on clothes and accessories at America’s department stores during the coronavirus pandemic. The results, which come a week ahead of key […]

November 19, 2020

Amazon has come under fire after three of its sellers were charged with price gouging hand sanitiser by New York’s attorney general. Three third-party sellers have been fined more than $52,000 in penalties and forced to refund customers nearly $23,000 […]

November 18, 2020

Target on Wednesday reported fiscal third-quarter earnings that easily outpaced analysts’ estimates as the discount retailer won market share by turning shoppers’ pandemic habits into lasting gains. The company said it grabbed market share across all of its core categories, […]

November 18, 2020

Lowe’s shares fell Wednesday after the home improvement retailer reported third-quarter earnings and a profit outlook slightly short of estimates, weighed down by higher labor costs and investments in its e-commerce business. Its same-store sales surged more than 30%, including […]