For the first time in its history, United Kingdom-based eGrocery company Ocado is seeing sales fall. Sales dropped 0.7 percent year over year for the 12 weeks ending Aug. 8, data analytics company Kantar reported Tuesday (Aug .17), the first downturn for the company. Get...
Amid widespread ingredient shortages, rising food costs and disruptions, grocery distributor and retailer SpartanNash is rethinking its entire supply chain. The company’s President and CEO Tony Sarsam told analysts on a call on Thursday (Aug. 19) discussing Q2 earnings that the company is making major...
Global delivery giant Just Eat Takeaway.com is launching a debit card to make it easier for employees to cover meal expenses offline or online without filling out reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The first half of fiscal 2021 for the department store retail chain Kohl’s — and especially the second quarter of the year that ended on July 31 — was enough for company leaders to raise their expectations for the full year. Get the Full Story...
Comparable club sales at BJ’s Wholesale Club went up 4 percent in the second quarter of fiscal 2021, ending July 31, a continued upswing that saw the retailer grow its base over two years by 21 percent. Get the Full Story Complete the form to...
Consumers may be returning to in-person shopping and social activities, but the desire to upgrade their living spaces has continued, as many offices plan to remain closed through the remainder of 2021. After months of do-it-yourself (DIY) projects, though, it seems that consumers may have...
As the pandemic begins to fade, luxury brands are trying to get back on the horse after COVID-19 caused sales to plummet. But rising prices and the growth of eCommerce, which experts say luxury fashion was slow to adopt, potentially leave the door open for...
News of Amazon’s plans to open department store-style physical retail locations in the coming years likely came as little surprise to industry watchers who have seen the eCommerce giant steadily ramp up its in-store offerings over the past several years, first with bookstores and most...
Petco on Thursday (Aug. 19) announced Brian LaRose as the company’s new chief financial officer, succeeding Mike Nuzzo, who will continue as chief operating officer and president of Petco Services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
