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Year: 2020

  • Home
  • 2020 Archives
11 May

During COVID-19, drone delivery is really taking off

  • Categories Innovation & Technology, Top News
  • Comments 0 comment

With six kids, two parents and a box that fits one roll of toilet paper, delivery drones have been stopping by the Merrill household in Christiansburg, Va., as often as …

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07 May

Zalando expects substantial growth due to accelerated eCommerce shift

  • Categories Retail News, Top News
  • Comments 0 comment

Zalando expects to achieve double-digit growth in 2020, despite the challenges posed by the Covid-19 crisis. The online fashion and lifestyle retailer aims to increase sales made by itself and …

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07 May

Best Buy Slowly Resuming In-Store Services

  • Categories Retail News, Top News
  • Comments 0 comment

How will physical retail begin again after a nationwide pause? Slowly. After closing all of its stores to help slow the spread of the coronavirus, Best Buy will now offer …

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07 May

Gap Plans to Reopen Up to 800 Stores by the End of May

  • Categories Retail News, Top News
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The parent company of Gap, Old Navy, Banana Republic and Athleta said it aimed to be “responsibly aggressive” as it returned to business. Gap Inc., the mall stalwart that owns …

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07 May

Target acquiring same-day delivery tech from Deliv

  • Categories Retail News, Top News
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Target Corp. is set to enhance its same-day delivery muscle in its ongoing battle to compete with Walmart and Amazon. The discounter, which already owns on-demand delivery service Shipt, said …

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06 May

Ocado sees revenues surge by 40.4% during coronavirus lockdown

  • Categories Retail News, Top News
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Online supermarket Ocado has revealed retail revenues surged by 40.4 per cent for the past two months as demand soared due to the coronavirus pandemic. However, it said “more normal …

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06 May

Covid-19: Lockdown shoppers cause sales surge for Wayfair

  • Categories Retail News, Top News
  • Comments 0 comment

Wayfair has recorded year-over-year revenue growth of almost 20% for the quarter ending 31 March 2020, totalling $2.3 billion. The global online homeware retailer has partly put this performance down to …

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06 May

Forget Automated Fulfilments, Asian Grocers Handle Online Surge With Just WhatsApp

  • Categories Retail News, Top News
  • Comments 0 comment

Under the COVID-19 situation, the U.S. online grocery market tripled in both sales and volumes during March through April compared with the same period last year, as reported by Rakuten …

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05 May

J.Crew the first US retailer to file for Chapter 11 bankruptcy protection

  • Categories Retail News, Top News
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Owner of J.Crew files for Chapter 11 bankruptcy protection, the first US retailer to do so during coronavirus crisis J.Crew had sought help from creditors to stay afloat during the …

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05 May

The Pandemic Will Change American Retail Forever

  • Categories Retail News, Top News
  • Comments 0 comment

Story by Derek Thompson The big will get bigger as mom-and-pops perish and shopping goes virtual. In the short term, our cities will become more boring. In the long term, …

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