RetailConvergence

"In the most challenging operating environment I've ever seen for this team to deliver the strongest comps in our 50 year history is pretty incredible," sa...

Doordash COO: Bringing The Entire Walgreens Store To Your Door

Doordash has announced that they have partnered with Walgreens to ultimately bring the entire Walgreens store to the door of 100 million Americans....

COVID Simply Accelerated Retail Death Spiral

"The fact is that COVID has already accelerated everything that was taking place in the marketplac...

Used Car Sales Way Up – Defy Dire Expectations, Says Carvana CEO

Used car sales have defied the dire COVID related expectations, says Carvana CEO Ernest Garcia. "When it first hit there was no doubt that there was a huge...

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....

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....

Just Eat Takeaway Buying Grubhub For $7.3 Billion

European-based Just Eat Takeaway has entered a definitive agreement to buy Grubhub for $7.3 billion....

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...

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....

Coronavirus: Amazon’s First Warehouse Case Raises Supply Questions

Amazon has reported its first coronavirus case in one of their warehouses, raising questions...

Coronavirus: Trump Administration Bans Travel, Cargo From Europe

President Trump addressed the nation Wednesday evening, walking back comments he has previously made and unveiling sweeping measures to address the coronav...

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...

Amazon Is NOT Going To Put Everyone Out of Business

“Amazon is not going to put everyone out of business,” says retail guru Dan Hurwitz of Raider Hill Advisors. ”In fact, they've taught a lot of retailers ho...

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