retail News Updates

GovernmentBusinessSafetyLogistics

Rebound in US Retail Sales Slowed in July Amid Virus Surge

The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery.

August 14, 2020
BusinessLogistics

Mall Operator Weighs Empty Spaces as Amazon Centers

Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

August 10, 2020
GovernmentBusinessSafety

Americans Are Avoiding Stores Again in New Virus Hot Spots

While evidence of a virus-sparked consumer pullback is largely anecdotal for now, it would be a setback for a U.S. economy that has just started to perk up, with retail sales jumping to a record in May.

June 24, 2020
GovernmentBusiness

Retail Sales Soared a Record 17.7% in May, Double Forecast

U.S. retail sales jumped in May by the most on record and double forecasts, regaining more ground than expected after unprecedented drops the prior two months as states allowed more merchants to reopen.

June 16, 2020
GovernmentBusiness

US Economy Hits Record Lows in April Retail, Factory Data

U.S. retail sales and factory output registered the steepest declines on record in April, illustrating a recession so deep that it likely will take years to fully recover.

May 15, 2020
GovernmentBusiness

US Retail Sales Rise 0.4% in June in Sign of Consumer Health

U.S. retail sales rose at a solid pace in June, providing crucial support to the economy at a time when other drivers of growth have faded.

July 16, 2019
BusinessLogisticsTCA

°®¶¹´«Ã½ Depot Hiring 80,000, Including Overnight Freight Workers

If you’re looking for a job this spring, The °®¶¹´«Ã½ Depot is seeking to hire 80,000 employees at its stores and distribution centers.

March 19, 2019
Business

Lowe’s Closes 51 Stores, Abandoning Smaller-Store Strategy

°®¶¹´«Ã½-improvement retailer Lowe’s announced the closing of 51 underperforming stores Nov. 5, including two New York locations that the company hailed just three years ago as the way to win over city-dwellers.

November 5, 2018
BusinessLogistics

Retail Growth, Consumer Expectations Add to Supply Chain Demands

LONG BEACH, Calif.—The retail industry is in the middle of an enormous transformation, growing at a pace that exceeds the gross domestic product and adding about 70,000 jobs this year. Brick-and-mortar retailers as well as e-commerce providers are working to expand their offerings, which will place new demands on the supply chain.

September 19, 2018
BusinessTechnologyLogisticsAutonomousTop 100Perspective

Fixing the Final-Mile Delivery Mess

Though it seems like every week there's a new startup introduced to the field, last-mile retail delivery is still a mess.

August 20, 2018