May 27, 2020

As the country’s largest department store, Macy’s has both advantages and disadvantages. Advantages include decent liquidity. Fitch analysts noted that the company ended last year with $685 million of cash and is now replacing its $1.5 billion unsecured revolver with […]

May 27, 2020

The world’s largest retailer, Walmart, is making its first foray into the resale market. ‌Through an online‌ ‌partnership‌ ‌with resale platform thredUP, Walmart shoppers can now find around 750,000 pre-owned items at www.walmart.com/thredup. Walmart will dip its toes into the […]

May 26, 2020

Same-store sales jumped 12.3 percent at Lowe’s and 7.5 percent at Home Depot in their first-quarters as sheltering Americans found time to tackle household projects. Lowe’s CEO Marvin Ellison said on his company’s conference call last Wednesday that the retailer […]

May 26, 2020

Amazon shareholders have demanded that the company reveal more data about the steps its taking to protect workers after it confirmed eight have now died of coronavirus. Ahead of Amazon’s annual shareholders meeting on Wednesday, a group of shareholders have […]

May 26, 2020

Alibaba has smashed expectations during its fourth quarter seeing revenues and profits soar as lockdown forced shoppers online. The Chinese ecommerce giant “reported better than expected March quarter results”, after predicting at the end of the previous quarter that it […]

May 22, 2020

When Instagram debuted its in-app checkout feature in March 2019, it enlisted more than 20 brands, including Adidas, Nike, Zara and Warby Parker. The feature went on to be a pivotal channel for brands to directly capitalize on their followership. […]

May 22, 2020

The coronavirus pandemic (COVID-19) will haunt management of Walmart and Target TGT forever. Both companies cancelled their earnings guidance since nobody knows how long the scourge will keep us rooted to our homes. The situation created an extraordinary opportunity for […]

May 21, 2020

In the retail world, Best Buy was particularly well equipped to navigate the rapid changes wrought by the COVID-19 crisis. As consumers shifted their shopping to online and contactless channels, Best Buy’s years of investments in those areas helped it […]

May 21, 2020

Whole Foods is being very selective in the stores it’s choosing to convert to dark locations, making sure it isn’t turning away too many customers who prefer in-person shopping. Three of the six stores were not yet open to the […]

May 20, 2020

Even before the pandemic arrived, acquisition channels and costs were on the top of mind for a lot of direct-to-consumer brands. Since they can’t rely on exposure through big retail chains and online marketplaces, they have to find their own […]