Retail

Retail
Amazon and Walmart Take Last Mile Logistics Battle from Main Street to Mumbai
August 17, 2022

In the eCommerce war between Amazon and Walmart, global in scope, India looms as a key battleground — especially for the last mile which ultimately will decide the victor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Target to Double Rapid Sorting Capacity Amid Demand Spike for Same-Day Delivery
August 17, 2022

Target may have its hands full trying to pare back its unsold inventory and shore-up slumping profits, but the retail giant told investors it’s also tackling a third “problem” of sorts, as it tries to keep up with a spike in demand for same-day delivery...

Retail
Target’s Grocery Biz Grows 50%+ in 3 Years as Consumers Prioritize Essential Purchases
August 17, 2022

Target is taking a page from Walmart’s book, investing in its food business to get customers in through the doors (or onto its digital platforms) with greater frequency. The retailer shared on a call with analysts Wednesday (Aug. 17) discussing the company’s second-quarter financial results...

Retail
D2C Pet Suppliers Sniff Out New Opportunities in Telehealth, Subscriptions
August 17, 2022

With high-earning millennials and baby boomers now representing an estimated 60% of the nation’s pet owners, it’s clear why the pet care industry continues to groom itself with new products and services, bucking inflationary trends. Get the Full Story Complete the form to unlock this...

Retail
Lowe’s Looks To Personal Income, Aging Homes to Extend Home Improvement Trend
August 17, 2022

The nesting trend continues but at a clipped pace for home improvement retailer Lowe’s as DIY projects popular for the past two-plus years are nudged out as consumers with reduced buying power shift spending priorities to essentials and away from lifestyle. Get the Full Story...

Retail
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
August 17, 2022

Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales of the devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
TJX Surprised by Weakness in Demand as Inflation Crimps Spending
August 17, 2022

Off-price apparel retailer TJX said Wednesday (Aug. 17) that demand for home-related items was weaker than expected as inflation dampened consumer spending, leading to a surprise 5% drop in same-store sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walmart’s Grocery Gains Could Be Mixed Blessing as Shoppers Trade Down
August 16, 2022

Amid ongoing inflation, many consumers are growing more conservative in their spending, cutting back on luxuries and sticking more to the basics. Walmart, the world’s largest grocery retailer, is seeing the effects of the shift from restaurants to supermarkets as well as from more premium-priced...

Retail
Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
August 16, 2022

By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has inflicted turmoil and pain on both the lives of its customers as well its own bottom line. Get the Full...