U.S. supermarket chain Kroger Co (KR.N) stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as American households reconsider …
Amazon continues to far outdistance all other U.S. retailers in e-commerce sales, but Walmart and other large retailers are showing increased strength as they pivot online. For the first time, …
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, …
Amazon said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in …
Walgreens Boots Alliance has been exploring whether to go private following private equity interest in the U.S drug store chain, which has a market value of more than $55 billion, …
It has taken 15 years, three owners, two names and hundreds of millions of dollars worth of taxpayer incentives, but a giant mall built on a former swamp in the …
Coffee fans in five new markets can get a cup of Starbucks coffee by opening their door. The coffee company is expanding its Starbucks Delivers on-demand delivery service to Atlanta, …
Consumers are increasingly going to be able to get their Levi’s from Levi’s, and they’re likely to pay full price. That’s essentially the strategy outlined by Levi’s CEO Chip Bergh as …
Bed Bath & Beyond will close more stores than it originally planned. The troubled retailer said that it will soon close 20 more stores, in addition to the 40 announced …