retail News Updates

Business, Logistics

60 Seconds: In-Store Shopping Back In Trend

An accelerated transition toward in-store shopping from ordering online is underway and set to aid the nascent #freight environment recovery, according to observers. 

October 1, 2024
Business, Logistics, For-Hire

Industry Takes Fresh Look at Reverse Logistics

Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated. 

January 10, 2024
Business, Technology

Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27

U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.

November 28, 2023
Business, Private

Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.

November 16, 2023
Government, Business, Private

Rite Aid Files for Bankruptcy

PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.

October 16, 2023
Business

Target Sales Ebb on Inflation, Pride Month Shopper Backlash

NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.

August 16, 2023
Business, Logistics

Can Grocery Stores Save the American Mall?

Between movie theaters, fitness centers and full-on amusement parks, American shopping malls have scrambled for years to attract new visitors to counter plummeting foot traffic. Even before the coronavirus struck, the concept of the mall — once so central to suburban life — was increasingly viewed as an anachronism.

August 19, 2022
Business

ºÚÁϳԹÏÍø Depot Posts Record Profit, Revenue

ºÚÁϳԹÏÍø Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.

August 16, 2022
Government, Business, Logistics

May Retail Sales Post Drop as Auto Purchases Plunge

U.S. retail sales fell in May for the first time in five months, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation.

June 15, 2022
Business, Logistics

ºÚÁϳԹÏÍø Depot Overcomes Slow Start to Year, Rising ºÚÁϳԹÏÍø Prices

ºÚÁϳԹÏÍø Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.

May 17, 2022