Off-price retailer Ross Stores saw “robust” comparable store sales growth in the fourth quarter, crediting the expansion in part to its success in drawing shoppers away from mainstream retailers. The company’s comparable store sales were up 9% for the quarter ended Jan. 31, on top...
Amazon will soon begin rolling out a 15-minute delivery service for select goods in Brazil, saying the country is one of its top priorities, Reuters reported Tuesday (March 3). The service, Amazon Now, was launched in Sao Paulo on Tuesday, will expand to seven other...
Retailers are facing a new and more sophisticated form of return fraud, one in which artificial intelligence is being used against them. Shoppers are submitting AI-generated images of damaged or incorrect products to claim refunds on merchandise they received in good condition, and the practice...
Walgreens has debuted what it calls the country’s first “hybrid pharmacy” program. The service, announced by the retailer last week, lets pharmacists divide their time between working in stores for part of the week and spending the rest of the time working from a “centralized pharmacy desk.”...
Target is reportedly facing criticism from a group of investors unhappy with its management’s decisions. That’s according to a report Friday (Feb. 27) from Reuters, which noted that this push is happening at a time when Target is struggling while rivals Walmart and Costco benefit...
The TJX Companies plans to add 146 net new stores during its fiscal year 2027, which ends Jan. 31, 2027, increasing its store count by about 3%. The retailer’s plans include 104 net new stores in the United States, 13 in Canada, 19 in Europe and...
When it comes to the Amazon-Walmart competition, grocery has become a key battleground. Why? It’s the closest thing U.S. retail has to a weekly subscription. Win the cart, and you earn repeat trips and durable customer habits. That’s why recent consumer-tracking data showing Walmart’s grocery...
The RealReal’s latest earnings message is less about a single quarter’s sales tally and more about how the luxury reseller thinks artificial intelligence can rewire the work behind every listing, from deciding which sellers to pursue to getting more items authenticated, described and priced fast...
About a hundred years ago, so the story goes, F. Scott Fitzgerald, chronicler of the Jazz Age, turned to Ernest Hemingway and remarked, “The rich are different from you and me.” To which fellow author Hemingway supposedly replied: “Yes. They have more money.” The story...