Amazon Prime and the recently launched Walmart+ both saw drop-offs in U.S. paid subscribers in late December, but Walmart+ fell further — showing the newcomer has a fight on its hands to win broad adoption. Get the Full Story Complete the form to unlock this...
COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Build-A-Bear Workshop, Inc. anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. 11) announcement. Get the Full Story Complete the form to unlock this...
To provide a used automotive purchasing and selling experience to new geographies, CarLotz, Inc. unveiled intentions to launch a countrywide hub network. The news comes on the heels of its announcement that it would become a public company through a merger with a special purpose...
Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). Customers can ask for a refund, but they might not have to return the item even if they’re granted...
Nothing like a 700 percent increase over the past year to boost the fortunes of Tesla’s stock – and Founder Elon Musk’s net worth – as continued stock market gains have taken both to new highs. Get the Full Story Complete the form to unlock...
In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a 7.7 percent rise in net merchandise sales from Q1 fiscal 2020 to Q1 fiscal 2021....
Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Many items available under the Prime Pantry name in the past were integrated into its main website, Bloomberg reported Get the Full Story Complete...
America’s last major video rental store chain has finally yelled “Cut!” on its brick-and-mortar operation. Family Video, which operates some 200 stores in 17 Midwest and Southern states, announced this week that it’s closing all physical locations after four decades in the business. Get the...
