When Walmart acquired Jet.com for $3 billion-plus in 2016, the move raised some eyebrows. Why would the world’s largest retailer invest that amount of cash in an Amazon.com-like startup when …
Walmart aced the omnichannel test during its first quarter, leveraging its store fleet to reach consumers in its stores and online. The retailer has grown the number of new customers …
Rumor has it struggling JCPenney Co. is a possible acquisition target for Jeff Bezos’ Amazon. JCPenney filed for Chapter 11 bankruptcy Friday and said it would close about 240 of its 846 stores permanently …
Aldi is partnering with Deliveroo to provide an on-demand home grocery delivery service in the UK for the first time. It is initially being trialled in its Daleside Road store in …
Consumer electronics brand Apple will provide face masks to customers, and it will focus on curb-side product pick-up, and a one-to-one Genius Bar-style service when it reopens its stores that were temporarily closed due …
Retail is evolving — and not just because of the coronavirus. Over the past few years, the sector has been transformed by the growth of e-commerce and shifting customer expectations. …
If capitalism is driven by a search for profit, the food delivery business confuses the hell out of me. Every platform loses money. Restaurants feel like they’re getting screwed. Delivery …
Ten Ikea-anchored shopping centers in Poland opened up after 51 days of shutdown and counted an 87% return of normal traffic. An 81% footfall register was recorded at another mall …
Supermarket chain Lidl has installed lockers at 24 of its stores across the UK, allowing customers to pick up and return online orders from and to third parties within its shops. …
The last couple months have seemingly changed everything about stores. Social distancing. Employees behind shields. Customers wearing masks. And how about these stories exemplifying how quickly things have changed: Walmart’s …