In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Plus, Peloton has moved to remedy its manufacturing and order backlog hurdle by acquiring Precor. Get the Full Story Complete...
The clock is about to strike midnight on the holiday shipping and shopping season, and the delays associated with this year of the digital-first economy have only accelerated over the past few days. And while the big players like Amazon, Walmart and Target have been...
If there’s one universal truth amid the pandemic, it’s that we’re all binge watchers now. We’re all consumers of media, of content, of subscriptions — and we do it all online, which means we pay for it all online. Get the Full Story Complete the...
In today’s top retail news, former Macy’s CEO Terry Lundgren said he anticipates more store closings next year, while about half of Americans intend to travel for the December holidays amid the pandemic. Plus, the auto vertical keeps firing on all cylinders even with the...
Peloton, the leading maker of connected fitness products, has moved to resolve its manufacturing and order backlog problem by acquiring Finland’s Precor for $420 million. Investors applauded the announcement to increase capacity, and drove Peloton’s stock to an all-time high, while marking a 400 percent...
The automotive market continues to fire on all cylinders despite the pandemic as online and offline sales have either remained flat or trending up for Q3. The latest case for its resiliency comes from CarMax, announcing Q3 earnings on Tuesday (Dec 22) that showed solid...
Almost half of Americans (46 percent) intend to travel for the December holidays amid the pandemic, according to press release from online automotive marketplace and solutions firm Cars.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amid a year in which over 11,000 retail closings have been announced, past Macy’s CEO Terry Lundgren foresees that disruption to the retail vertical related to COVID-19 will continue into 2021 and possibly bring about additional closings of stores, CNBC reported. Get the Full Story...
Texas-based supermarket chain H-E-B will now let customers pay for groceries for curbside or home delivery using SNAP benefits online or via a mobile phone, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
