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 …
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 …
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 …
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 …
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, …
Outside of Boston, a marketing company is struggling to figure out how to cover its bills. In Indiana, a dance studio is waiting on three emergency-loan applications. In Baltimore, a …
Harrods is set to dispatch a team of staff into its giant Knightsbridge store to carry out personal shopping for its most prized customers. Staff will take orders from clients …
Dive Brief: UPS Flight Forward is partnering with CVS to deliver prescriptions to The Villages, Florida, the nation’s largest retirement community, serving 135,000 residents. The program will start in early …
Sales hit $75.5 billion but income dropped $1 billion from a year ago Amazon’s share price dropped 5% in the immediate hours after trading closed Thursday as the company reported …
Amazon, Walmart and Costco are among the big-name retailers atop the third annual BrandZ Top 75 Most Valuable Global Retail Brands ranking released April 30 by WPP and Kantar. Other, more pure-play grocers …