by Mike Duff | Jun 27, 2022 | Retail Articles
In a holiday that will be closely watched as an economic gauge, market researcher Numerator stated that, while most consumers plan to celebrate Independence Day, the majority of celebrants expect at least a moderate inflation impact to spend less, purchase items on...
by Mike Duff | Jun 27, 2022 | Retail Articles
Store closures contributed to a bigger first-quarter net loss at Rite Aid Corp., but the company is counting on its expanded pharmacy operations as well as its beauty business and revamped loyalty program to help improve its results. First-quarter net loss was $110.2...
by Mike Duff | Jun 24, 2022 | Retail Articles
In a blog post, Walmart has revealed it is adding a pair of augmented reality features to its app, with home decor, including furniture, a focus of the initiative. By early July, Walmart shoppers using its iOS app will be able to view furniture and home décor items in...
by Mike Duff | Jun 22, 2022 | Retail Articles
The ODP Corp. board of directors has completed a previously announced review of the public and private non-binding proposals the company has received about acquiring its consumer business — including the Office Depot and OfficeMax retail stores, and officedepot.com —...
by Mike Duff | Jun 22, 2022 | Retail Articles
Amazon has named Doug Herrington CEO of its Worldwide Amazon Stores business, formerly known as Worldwide Consumer, as it makes an organizational change. The announcement comes just about two weeks after the company revealed that Dave Clark, CEO of Worldwide Consumer...