Victoria’s Secret plans to permanently close approximately 250 stores in the U.S. and Canada in 2020, its parent company L Brands announced Wednesday. L Brands also plans to permanently close …
Bob Mariano made his mark in the grocery business first by running Dominick’s Finer Foods and Roundy’s, where he was behind the launch of the popular Chicago-based regional chain Mariano’s. …
Kohl’s stores went largely out of business on March 20 as it closed all of its locations across the country. The negative impact of having to take that step showed …
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 …