FutureRetailNews

Amazon Reports Earnings, Will Spend Q2 Profits On COVID Expenses
Amazon released its first quarter results, beating analysts revenue estimates while falling short of their earnings-per-share estimates....
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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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Ecommerce Exploded When Everybody Got Their Stimulus Checks
“Ecommerce exploded when everybody got their stimulus checks,” says marketing superstar Gary...
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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.  “We're an experience-driven company. This is not a cost....
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Walmart Introduces Express Delivery In Nearly 1,000 Stores
Walmart has announced it is rolling out its Express Delivery service in nearly 1,000 stores. Walm...
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You’ve Got To Bail Everyone Out, Says Barry Diller
"You've got to bail everyone out," says Expedia and IAC Chairman Barry Diller. "This is like when you're picking losers and winners. Everybody is in the sa...
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Jeff Bezos: Protecting Employees Might Involve ‘Regular Testing’
In a letter to shareholders, Amazon CEO Jeff Bezos said regular testing may be a critical component in protecting Amazonians....
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Barry Diller: I See the Landscape As Cataclysmic
Expedia and IAC Chairman Barry Diller said that the economic and business landscape caused by the coronavirus and the political actions to fight it have be...
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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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Ecommerce Ad Spending Doubles As a Result of Coronavirus
While some industries may be reeling from the coronavirus pandemic, ecommerce ad spending is...
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Amazon Using AI to Understand Searches
Amazon is using artificial intelligence (AI) to better understand search queries and why a person may be looking for something....
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Coronavirus: Amazon’s First Warehouse Case Raises Supply Questions
Amazon has reported its first coronavirus case in one of their warehouses, raising questions...
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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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Grocery Foot Traffic is Walmart’s Secret, Says Analyst
"Foot traffic has been the secret," says Tim Lesko of Granite Investment Advisors. "Walmart a cou...
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