Amazon released its first quarter results, beating analysts revenue estimates while falling short of their earnings-per-share estimates.
They’ve become a familiar sight in shopping malls, but Microsoft has announced it is permanently closing its retail shops.
European-based Just Eat Takeaway has entered a definitive agreement to buy Grubhub for $7.3 billion.
Walmart has announced it is rolling out its Express Delivery service in nearly 1,000 stores.
Amazon announced it has hired the initial 100,000 warehouse workers it originally pledged, and is now hiring an additional 75,000.
Amazon has reported its first coronavirus case in one of their warehouses, raising questions about the possible impact on supply lines.
President Trump addressed the nation Wednesday evening, walking back comments he has previously made and unveiling sweeping measures to address the coronavirus threat.
Foot traffic has been the secret, says Tim Lesko of Granite Investment Advisors. Walmart a couple dozen years ago moved into grocery and that move, which was widely panned at the time, has really led foot traffic to stay steady.
Amazon is not going to put everyone out of business, says retail guru Dan Hurwitz of Raider Hill Advisors. ”In fact, they’ve taught a lot of retailers how to distribute goods properly. They’re actually going to help a lot of retailers thrive at the end of the day.
In a press release issued today, the National Retail Federation (NRF) announced that Microsoft CEO…