NEW YORK — Macy’s swung to a quarterly loss and sales tumbled 22% as the department store chain struggled to bring shoppers back to stores during a pandemic. While the …
Walgreens Boots Alliance Inc WBA.O said on Thursday its customers can now pick up health and wellness products from its stores in about 30 minutes from placing an order online. …
In the United States, Ahold Delhaize acquires FreshDirect, an online supermarket in New York City specializing in fresh produce. Strengthen online position The agreement provides for Ahold Delhaize to acquire …
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 …
Walmart Inc. WMT 1.26% threw in the towel on Japan after 18 years, selling most of its stake in a local supermarket chain and continuing its retreat from slow-growing global …
Retail giants have seen a surge in on-line site visitors this 12 months. That may assist juice their earnings over the long term, in additional methods than one. Even earlier …
Hong Kong (CNN Business)China’s annual Singles Day online shopping bonanza regularly hauls in tens of billions of dollars for Alibaba and other e-commerce and retail companies in China. This year, …
Alibaba’s Singles Day sales were over $74 billion, the Chinese retail giant reported shortly after midnight. Singles Day on November 11, or Double 11, is a Chinese shopping holiday started …
Walmart Inc said Tuesday it is launching a pilot program with General Motor Company’s self-driving car unit Cruise for contact-less delivery early next year in Scottsdale, Arizona. What Happened: The retail …
Farfetch, Alibaba Group and Richemont said they are joining forces to provide luxury brands with enhanced access to China and speed up digitization of the global luxury industry. Farfetch said …