Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. This comes after a year in which sales in the sector flatlined, the Financial Times (FT) reported Sunday (Jan. 25). Now, analysts at Barclays and HSBC are forecasting organic growth...
When it comes to retail store openings, 2026 could be a mixed bag. Net closings are expected this year for the luxury and department store sectors, Retail Dive reported last week, citing data from the Telsey Advisory Group. At the same time, store count for...
Amazon reportedly plans to start laying off about 14,000 corporate workers as soon as Tuesday (Jan. 27). These cuts will be part of the second round of a broader plan to eliminate 30,000 corporate jobs, and they will follow the first round that involved 14,000...
The modern storefront is no longer a place; it’s a moment. Major retail leaders haven’t waited for shoppers to come knocking on their brick-and-mortar doors for over a decade, and as the headlines this week from Amazon and Walmart reveal, the lines between commerce and...
The Walmart Health Research Institute (WHRI) plans to open four research sites this spring, saying they will make it easier for people to participate in clinical trials. WHRI will launch the research sites in collaboration with independent clinical research organization Care Access and will place them in three former Walmart Health locations and...
Dollar General is promoting its same-day delivery service with the offer of one free delivery. From Tuesday (Jan. 20) through Feb. 28, customers can use their myDG account to get free delivery on one myDG Delivery order, the company said in a Thursday (Jan. 22)...
Amazon has launched an artificial intelligence (AI) assistant for its One Medical app. The agentic AI tool, announced Wednesday (Jan. 21), is designed to help with things like answering health questions, scheduling appointments and managing medications. “The U.S. health care experience is fragmented, with each...
Amazon has begun rolling out the latest generation of its smart shopping cart. The newest Dash Cart was introduced in Whole Foods Market stores in three cities last year and will now be expanded to dozens of the grocery store chain’s locations across the United...
Amazon’s CEO says White House tariffs have begun showing up in the price of some goods. The tech giant and many of its third-party sellers bought products ahead of time to fend off tariff-related price hikes, though most of that inventory has since run out, Andy Jassy told...