by Mike Duff | May 1, 2024 | Retail Articles
In the first quarter, Amazon drove sales and earnings past Wall Street expectations as each of its major divisions showed gains and new plans got underway, including the development of a new Whole Foods Market store concept. Net income increased to $10.43 billion, or...
by Mike Duff | Apr 30, 2024 | Retail Articles
After five years, Walmart has decided to shutter its health clinic and virtual care operations while refocusing on wellness and customer care initiatives in pharmacy. The company is closing its Walmart Health clinics and Walmart Health Virtual Care online operations....
by Mike Duff | Apr 30, 2024 | Retail Articles
To expand and freshen the range of products available to its customers, Nordstrom is launching its own marketplace online as it upgrades its digital operation. Nordstrom stated that the marketplace would allow it to add more products, as well as brands and sizes that...
by Mike Duff | Apr 30, 2024 | Featured News, Retail Articles
Amazon Prime Day is returning in July, but the exact dates for the event have yet to be revealed. The 2024 event marks Prime Day’s 10th anniversary. The company maintained that during the 2023 event, Prime members purchased more than 375 million items worldwide...
by Mike Duff | Apr 29, 2024 | Retail Articles
Craft-centric retailer Joann announced the United States Bankruptcy Court for the District of Delaware confirmed the company’s prepackaged joint plan of reorganization, clearing the way for it to emerge from Chapter 11 status. The retailer stated it expects to...