Factory closures in Vietnam and Indonesia due to the pandemic have caused Nike to lose 10 weeks of production since mid-July, leading to a revised short-term outlook for the company and warnings that demand will likely outpace supply for the next several quarters. Get the...
Walmart is getting rid of its typical layaway option ahead of the holiday shopping season, instead pointing consumers to its buy now, pay later (BNPL) option through Affirm, a vote of confidence for the increasingly popular payment solution. Get the Full Story Complete the form...
Retail giant Amazon is expanding its Same-Day Delivery service to three new metro areas, including Atlanta, Miami and Minneapolis, and expanding the offering in Chicago, the company said in a blog post Thursday (Sept. 23). Get the Full Story Complete the form to unlock this...
Delivery Hero has plans to invest in Germany’s Gorillas Technologies, a grocery startup, as part of a $1 billion funding round, according to Bloomberg Thursday (Sept. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Anyone who’s gone into a grocery store in the past year — as most grocery shoppers have — has no doubt noticed more and more people using the once-avoided self-checkout aisles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top retail news, Walmart has seen slow growth for its subscription service over the last year, though company leaders appear unworried, while eBay is now managing payments in all markets across the world. Also, Jessica Alba’s The Honest Co. is facing trouble less...
Ahold Delhaize, the Netherlands-based global grocery giant with over 7,000 stores around the world, just made a major move in its effort to make 85% of its East Coast grocery retail supply chain self-distributed by the end of 2022. The company’s United States family of...
Walmart+, seen by most as Walmart’s answer to Amazon Prime, is celebrating its first birthday this month, but the subscription service doesn’t have a lot of growth to show as it struggles to differentiate itself from other offerings. Get the Full Story Complete the form...
Rite Aid is pointing to pharmaceuticals and its pharmacists as the key to growing and transforming its business, though bigger competitors whose strategies are more developed may put some speed bumps along that road. Get the Full Story Complete the form to unlock this article...
