Amazon Shopping - Image by Hannes Edinger
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 Store
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.

Just Eat Takeaway Buying Grubhub For $7.3 Billion

European-based Just Eat Takeaway has entered a definitive agreement to buy Grubhub for $7.3 billion.

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.

Amazon Shopping - Image by Hannes Edinger
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.

Warehouse - Image by EFAFLEX_Schnelllauftore
Coronavirus: Amazon’s First Warehouse Case Raises Supply Questions

Amazon has reported its first coronavirus case in one of their warehouses, raising questions about the possible impact on supply lines.

Mr. Trump
Coronavirus: Trump Administration Bans Travel, Cargo From Europe

President Trump addressed the nation Wednesday evening, walking back comments he has previously made and unveiling sweeping measures to address the coronavirus threat.

Walmart Grocery Business is Secret to Growth
Grocery Foot Traffic is Walmart’s Secret, Says Analyst

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
Amazon Is NOT Going To Put Everyone Out of Business

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.

Satya Nadella
Microsoft CEO Satya Nadella to Open NRF 2020 Vision: Retail’s Big Show

In a press release issued today, the National Retail Federation (NRF) announced that Microsoft CEO…