People Who Think Retail Is Recovering Are Wrong
There was hope that a decline in new COVID-19 cases and an "opening" of the economy would make a difference, but retail traffic has not improved in the past two months.
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Retail Bankruptcies, Store Closures on Record Pace
2020 is on track to see the highest number of retail bankruptcies and the highest number of store closures ever.
Ahead of Amazon Prime Day, Walmart Gets Crushed
The upcoming Amazon Prime Day and the fourth quarter will demonstrate the advantage the e-commerce behemoth has over brick-and-mortar retailers, including its largest rival.
Amazon Gets Clever: Prime Day Doesn’t Start on Prime Day. It Starts Today.
Amazon.com's annual Prime Day officially runs over October 13 and October 14. However, Amazon Prime Day sales begin today for Prime members, a clever tactic.
A Million Products on Sale for Amazon Prime Day
Amazon.com's annual Prime Day will run over October 13 and October 14 and will include a million items on sale.
Why Costco Stock Isn’t Being Rewarded for a Good Q4
Costco posted its highest annual profit ever in the just-completed fiscal year. But investors seem wary of taking the share price higher despite positive analyst reaction to last night's earnings report.
When Walmart, Target and Dollar General All Have Endless Upside
BofA Securities just issued a research note on three top retailers: Dollar General, Walmart and Target. All are poised for good times ahead.
Walmart to Hire 20,000 to Support Holiday E-Commerce
In a show of how quickly Walmart has evolved from a brick-and-mortar company to an e-commerce powerhouse, it will hire 20,000 temporary workers to staff its fulfillment centers for the holidays.
Mall Owner Brookfield Property Will Fire 20% of Workforce
Shopping mall owner Brookfield Property is firing about 20% of its 22,000 employees as the firm tries to align itself with the future of mall ownership.
How the Pandemic Boosted AutoZone Earnings
Parts retailer AutoZone posted big fourth-quarter beats on both the top and bottom lines, which helped lift the shares early Tuesday.
US Retail Sales Gains Still Slowing, Even Among E-Commerce Stores
The Census Bureau's advance report on August retail sales indicates the U.S. economy is going through a slow-motion recovery.
Amazon Tries Again to Lure Shoppers With Rollout of Luxury Stores
Amazon has launched a Luxury Stores section with iconic American fashion house Oscar de la Renta as its first store. Got to give the e-commerce behemoth credit for never giving up on selling luxury…
As Stores Reopen, Are Customers Turning Away From Online Shopping?
As U.S. retail stores re-open, consumer demand for online goods is trending down according to the latest data from Adobe Analytics.
Is the Turnaround at GameStop Sustainable After 2020?
Has video game retailer GameStop broken out of the downward spiral that had captured it for so long? Two analysts are optimistic about the company's near-term outlook.
Amazon to Hire as Many People as There Are in Green Bay, WI
Amazon.com plans to add an extraordinary number of workers in the United States and Canada. The hiring binge is more bad news for America's brick-and-mortar retailers.