Venture capitalists Keith Rabois has teamed up with Atomic’s Jack Abraham as founders of OpenStore, a stealthy company that plans to acquire a number of small e-commerce businesses, Axios has …
Amazon has surpassed Walmart as the No. 1 apparel retailer in the U.S. thanks in large part to the pandemic-fueled e-commerce boom, according to Wells Fargo research released Wednesday. Wells …
The department store chain Nordstrom said Wednesday it will debut its “Livestream Shopping” channel, as part of its broader ambitions to delve into e-commerce livestreaming, which is already a huge …
Snap has acquired a Berlin-based firm that helps consumers pick the right size of clothing when they shop online, the social media company said Wednesday. The companies did not disclose …
Shopping malls across the U.S. have been reeling as restaurant and retail tenants struggle to keep their doors open. Data compiled by Coresight Research shows about a quarter of U.S. …
Costco’s stock may be down 12% this year as investors fret about growth slowing down after months of consumers stocking up during the COVID-19 pandemic, but it’s unlikely the usually …
Space has opened up in out-of-town retail parks – and shoppers feel more comfortable there. So food retailers are moving in. But will the trend last? It wasn’t just the …
Lord & Taylor is making a return to the retail scene under new owners. The intellectual property and e-commerce assets of the iconic department store retailer were sold by its …
As many businesses struggled to survive the pandemic, Amazon.com Inc. was quietly building a national grocery chain. The first Amazon Fresh store opened to the public in Los Angeles in September. Store …
Fulfillment was a key driver during the ecommerce-driven final quarter of 2020. Retailers that were positioned to handle massive last-mile volumes generated by a digital-first holiday posted strong results, with …