Tag: Retail

What We’re Really Seeing Is the Integration of Bricks and Clicks
"What we're really seeing here is the integration of bricks and clicks," says Cohen retail analyst Oliver Chen. "...
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Target CEO: Digital Growth Is Industry Leading – Up 200%
"In the most challenging operating environment I've ever seen for this team to deliver the strongest comps in our 50 year history is pretty incredible," sa...
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Etsy CEO: Anti-Competitive Act By Amazon To Consolidate Market Power
"Amazon then has turned around and supported a bill in California to say that every other online marketplace that's not acting like a retailer (as Amazon i...
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Walmart CEO: We Had To Become More Digital
"We had to learn to work in different ways to become more digital and to put data to work in different ways," says Walmart CEO Doug McMill...
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Amazon Is Responsible For Defective Third-Party Products
A court has ruled Amazon is liable for defective products, including those sold by third-party sellers....
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PayPal CEO: Across Every Industry, We’re Seeing a Surge Towards a Digital-First Strategy
"It was a strong quarter for us certainly across almost every metric," says PayPal CEO...
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It’s Crazy To Rely On Amazon To Sell Your Product
Everybody who sells something through a third party needs to figure out their ecommerce strategy,” says VaynerMedia CEO Gary Vaynerchuk. “The thought to be...
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eBay Sells Classifieds Business For Nearly $9 Billion
eBay has streamlined its focus and reached a deal to sell its classifieds business for nearly $9 billion....
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COVID Simply Accelerated Retail Death Spiral
"The fact is that COVID has already accelerated everything that was taking place in the marketplac...
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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....
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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.  â€śWe're an experience-driven company. This is not a cost....
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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....
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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...
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Coronavirus: Amazon Taking Drastic Action to Meet Demand
Amazon is prioritizing shipments of essential items to its warehouses, as it struggles to keep up with demand in the face of the...
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Coronavirus: All Apple Stores Outside China Closed
Over the weekend, Apple CEO Tim Cook announced that all stores outside of Greater China would be closed till March 27....
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