by Mike Duff | Jan 23, 2025 | Retail Articles
Coresight Research has issued its predictions for 2025 store openings and closures by sector in the United States, with store closures up to about 15,000 and store openings steady at 5,800. Closures announced late in 2024 and early in 2025 by Party City, Big Lots,...
by Mike Duff | Jan 21, 2025 | Retail Articles
In its fourth annual State of E-commerce Fulfillment report, ShipBob, a supply chain and fulfillment platform for small- and mid-market e-commerce merchants, noted that 80% of brands selling online saw revenue growth in 2024. More than half of all e-commerce orders in...
by Mike Duff | Jan 21, 2025 | Retail Articles
Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics business as part of a deal that will see the tech company develop pickup and fulfillment automation for the retailer, including at the store level. Symbotic announced the acquisition, contending...
by Mike Duff | Jan 17, 2025 | Retail Articles
Gen Z is redefining retailing, declared Adyen, a global financial technology platform, citing a survey it conducted where 73% of 18-27-year-olds said they shop in-store at least once a week compared to 65% of Baby Boomers. When asked whether they considered shopping...
by Mike Duff | Jan 9, 2025 | Retail Articles
For the fiscal month of December, Costco Wholesale Corp. posted net sales of $27.52 billion, up 9.9% from the year-earlier period. Comparable sales, with the effect of changes in gasoline prices and foreign exchange excluded, were up 9.9% versus the fiscal month a...
