Target Corp
Target rolls out curbside returns as retailers hope convenience will boost sales
Target is dangling a new perk to get shoppers to swing by its stores: customers can make returns without leaving their car. The curbside-returns service, which began last week at roughly a quarter of Target’s nearly 2,000 stores nationwide, will be available across the chain by the end of summer. Target is sweetening its curbside-pickup […]
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Ikea to spend in excess of $2.2 billion in new U.S. shop models, pickup locations in up coming three yrs
Ikea will invest a lot more than $2.2 billion in excess of the future 3 a long time on its omnichannel development system in the U.S., marking the Swedish household and household furniture firm’s largest financial investment drive because it opened in the U.S. nearly 40 years ago. Omnichannel retail ordeals, in which on the […]
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As retail gets choppy, Walmart flexes its grocery muscle, deep pockets and huge reach
Bloomberg | Bloomberg | Getty Images As shoppers get thrifty, Walmart is flexing its muscles. Like other retailers, the company faces slowing sales as the boom of pandemic-fueled spending fades and inflation hits shoppers’ wallets. Yet, unlike many competitors, Walmart has a few key factors that could work in its favor: Most of its sales […]
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Shrinking food stamp benefits for families mean yet another challenge for retailers
A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the budget is getting tighter. This month, pandemic-related emergency funding from the Supplemental Nutrition Assistance Program, formerly known as food stamps, is ending in most states, leaving […]
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Secondhand resale is getting cutthroat as platforms like Depop and Poshmark boom
The Depop application on a smartphone arranged on Wednesday, June 2, 2021. Gabby Jones | Bloomberg | Getty Images Six months after launching his secondhand clothing shop on digital marketplace Depop in 2020, Blake Robertson, a 15-year-old high schooler at the time, received a death threat from a customer. It came via Instagram, from someone […]
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Walmart lays off hundreds of workers at e-commerce facilities
Bloomberg | Bloomberg | Getty Images Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the big-box giant and other retailers brace for a tougher year ahead. Walmart, the nation’s largest private employer, is shrinking its workforce as many retailers plan on roughly flat or declining sales. Inflation and the […]
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Retailers see a tough year ahead, so they’re rolling out the recession playbook
A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images The U.S. economy may not be in a recession, but it feels like it in a lot of stores across the nation. […]
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DeSantis very first-7 days memoir sales considerably outpace guides by Trump, Pence, Clinton and Obama
Florida Gov. Ron DeSantis has nevertheless to announce his probably 2024 presidential campaign, but he’s by now primary the political area by 1 metric: political memoir product sales. The Republican’s e-book, “The Braveness to Be Totally free: Florida’s Blueprint for America’s Survival,” sold 94,300 copies in its initially week, according to BookScan, a U.S. print […]
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Ulta posts strong holiday quarter as shoppers squeeze makeup into their budgets
Kylie cosmetics display at an ULTA store in New York. Scott Mlyn | CNBC Ulta Beauty topped Wall Street’s expectations for its holiday-quarter earnings and revenue, as shoppers continued to save room in their tighter budgets for beauty products during the celebration season. The holiday season meant more people were buying beauty products to prepare […]
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Best Buy will set up in-home hospital care through a new deal with Atrium Health
Best Buy is best known for installing TVs and home theater systems. Now, its Geek Squad is helping to set up virtual hospital rooms. The consumer electronics retailer said Tuesday it has struck a three-year deal with Atrium Health, a North Carolina-based health-care system, to help enable a hospital-at-home program. Atrium Health is part of […]
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