FutureRetailNews

Used car sales have defied the dire COVID related expectations, says Carvana CEO Ernest Garcia. "When it first hit there was no doubt that there was a huge...

Amazon Reports Earnings, Will Spend Q2 Profits On COVID Expenses

Amazon released its first quarter results, beating analysts revenue estimates while falling short of their earnings-per-share estimates....

Microsoft Permanently Closing Retail Stores

They’ve become a familiar sight in shopping malls, but Microsoft has announced it is permanently closing its retail shops....

Ecommerce Exploded When Everybody Got Their Stimulus Checks

“Ecommerce exploded when everybody got their stimulus checks,” says marketing superstar Gary...

We Are An Experience-Driven Company, Says Chewy CEO

“Last year we sent about 50,000 pet portraits to our customers,” says Chew CEO Sumit Singh. “We're an experience-driven company. This is not a cost....

Walmart Introduces Express Delivery In Nearly 1,000 Stores

Walmart has announced it is rolling out its Express Delivery service in nearly 1,000 stores. Walm...

You’ve Got To Bail Everyone Out, Says Barry Diller

"You've got to bail everyone out," says Expedia and IAC Chairman Barry Diller. "This is like when you're picking losers and winners. Everybody is in the sa...

Jeff Bezos: Protecting Employees Might Involve ‘Regular Testing’

In a letter to shareholders, Amazon CEO Jeff Bezos said regular testing may be a critical component in protecting Amazonians....

Barry Diller: I See the Landscape As Cataclysmic

Expedia and IAC Chairman Barry Diller said that the economic and business landscape caused by the coronavirus and the political actions to fight it have be...

Amazon Raises Warehouse Hires to 175,000

Amazon announced it has hired the initial 100,000 warehouse workers it originally pledged, and is now hiring an additional 75,000....

This Crisis Is Going To Change Retail, Says Caruso CEO

“The important thing to think about is that the biggest threat to brick-and-mortar retail is really the current version of themselves,” says Caruso CEO Ric...

Ecommerce Ad Spending Doubles As a Result of Coronavirus

While some industries may be reeling from the coronavirus pandemic, ecommerce ad spending is...