Retail sales

Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment

Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
August 23, 2023  |  eCommerce

As merchants look for ways to improve the margins of online grocery, Giant Food is backpedaling, reportedly closing three delivery fulfillment centers to find a...

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Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
August 23, 2023  |  Earnings

Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to...

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As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
August 23, 2023  |  Earnings

Consumers are cautious these days about their spending.  It’s the tale of the retail community and the real-life challenge Macy’s is currently grappling with. On...

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Gap Up 10% as New CEO Richard Dickson Brings Hope for Turnaround
Gap Up 10% as New CEO Richard Dickson Brings Hope for Turnaround
August 22, 2023  |  Retail

Gap has a new CEO, Richard Dickson, beginning Tuesday (Aug. 22), in a move that reportedly signals renewed optimism for the company.  Dickson’s appointment has sparked investor...

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Amazon’s Shipping Push Deepens Last-Mile Battle vs. UPS, FedEx and Platforms
Amazon’s Shipping Push Deepens Last-Mile Battle vs. UPS, FedEx and Platforms
August 21, 2023  |  Delivery

The battle for loyalty — from merchants and consumers — may be won along the last mile. The news Monday (Aug. 21) that Amazon would re-instate its...

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Social Media Shopping Blocked By a Lack of Trust 
Social Media Shopping Blocked By a Lack of Trust 
August 21, 2023  |  Retail

Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to...

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Walmart: Weekly Active Digital Users Grow 20%
Walmart: Weekly Active Digital Users Grow 20%
August 17, 2023  |  Earnings

Walmart’s second quarter fiscal year 2024 results show a continued trend in strong spending on groceries — and a widening embrace of digital channels by...

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Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

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