THIS JUST IN
CNBC
Home Depot contracted its own container ship as a safeguard
CNBC
Amazon will overtake Walmart as the largest U.S. retailer in 2022
Reuters
Supermarket groups Carrefour and Tesco to end purchasing alliance
CNBC
Walmart joins Target in saying stores will be closed on Thanksgiving Day
PR Newswire
Sheetz Becomes First Convenience Store Chain to Accept Bitcoin
Reuters
Retailers and unions agree on 3-month extension to Bangladesh workers’ safety accord
Reuters
British retail faces “tsunami of closures” without rent help
CNBC
Walmart and Gap are coming together to create an exclusive home decor brand
CNBC
Women could add $280 billion to Southeast Asia’s e-commerce market by 2030
CNBC
Peloton to invest $400 million to build its first U.S. manufacturing facility
CNBC
Gwyneth Paltrow’s Goop threatened with shutdown in the UK
CNBC
China’s JD Logistics set to raise $3.2 billion in Hong Kong IPO
CNBC
Under Armour to raise hourly wages to $15
CNBC
Target sales jump 23% as exclusive brands and curbside bring in customers
CNBC
Walmart is doubling down on ‘rollbacks’ as inflation pushes prices higher
CNBC
Target, Starbucks and other retailers ease mask mandates for fully vaccinated customers
CNBC
China says retail sales grew 17.7% in April, missing expectations
Business Insider
Dollar General at center of labor unrest controversy
CNBC
Peloton shares rise as treadmill recall impact not as bad as feared
CNBC
Adidas reports 150% sales hike in China despite local boycott over human rights
The Hill
Rite Aid expands walk-in vaccine program to 17 states
CNBC
Tiffany is selling men’s engagement rings for the first time
Business Insider
LVMH is selling unused luxury fabrics and leathers online from $4 a meter
CNBC
L Brands’ Victoria’s Secret reportedly back in sale talks targeting higher valuation
CNBC
Mattel sales soared 47% as parents bought toys with stimulus checks, toymaker raises outlook
Business Insider
Kroger, Target, and Walmart are optimizing their delivery and fulfillment strategies to compete with Amazon
Business Insider
Impossible Foods hires former Apple creative director Steve Turner
CNBC
Coca-Cola CEO says company will raise prices to offset higher commodity costs
CNBC
Nobull, the athletic apparel brand with a cult-like CrossFit following, raises cash to speed global expansion
Reuters
Alibaba shrugs off $2.75 billion antitrust fine, shares rally
CNBC
McDonald’s will close hundreds of locations in Walmart stores as pandemic changes shopping habits
CNBC
Dick’s Sporting Goods just opened a massive store with a virtual driving range and outdoor track.
CNBC
Levi Strauss wants to capitalize on commercial vacancies as it expands footprint, CEO says
CNBC
UBS predicts 80,000 stores will close in the U.S. by 2026
Reuters
Amazon says deliveries unaffected by strikes in Germany
CNBC
ThredUp shares jump nearly 43% in first day of trading
CNBC
Bed Bath & Beyond poaches Wayfair, Walmart execs to help it grow online
Business Insider
Amazon-backed Deliveroo is targeting a $12 billion valuation for its $2.5 billion IPO
Business Insider
Amazon is using new AI-powered cameras in delivery trucks that can sense when drivers yawn
Reuters
In India, Reliance Retail’s private labels revolution spooks global consumer goods makers
CNBC
Williams-Sonoma CEO refocuses on in-store traffic after a surge in online sales last year
PRWeb
Top 100 Retail Influencers for 2021 Awarded by RETHINK Retail
CNBC
GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift
CNBC
Saks Fifth Avenue owner spins e-commerce site into separate business
CNBC
Gap forecasts return to sales growth in 2021
CNBC
At-home fitness company Tonal to open shops within 40 Nordstrom stores
CNBC
Online shipping costs expected to increase further into the pandemic
CNBC
CVS Health earnings top estimates as prescription volume, Covid vaccines increase
CNBC
American Girl sales grow for the first time in 4 years
CNBC
Uber will offer free rides to Walgreens to expand access to Covid vaccines
CNBC
Burger King tests loyalty program as part of digital push
CNBC
Nordstrom sees revenue rising 25% in 2021 as it puts focus on Rack, small-format stores and e-commerce
CNBC
Ulta Beauty to double Black-owned brands in its stores
CNBC
Britain is cracking down on the $3.7 billion ‘buy now, pay later’ industry
BBC
Asos frontrunner to buy Topshop, Topman and Miss Selfridge brands
CNBC
U.S. toy sales surged 16% in 2020
CNBC
Target plans $200 million in employee bonuses
CBBC
Petco shares surge 63% in first day of trading
CNBC
Holiday sales rose stronger-than-expected 8.3%
CNBC
Walmart’s e-commerce chief Marc Lore to leave after jump-starting retailer’s digital business
CNBC
Driven by digital, UK entertainment revenues topped $12 billion last year
CNBC
Starbucks pledges $100 million to help small businesses and communities
CNBC
Rite Aid CEO said retailers will get tapped sooner than expected to help speed vaccine rollout
CNBC
Retail rents tumble to historic lows in New York City amid bankruptcies and store vacancies
CNBC
Mall of America no longer delinquent on $1.4 billion mortgage
Reuters
Amazon to acquire Wondery in podcast push
Reuters
Electric vehicle maker Tesla to deliver China-made Model Y SUVs this month
CNBC
Chipotle launches cauliflower rice nationwide
CNBC
JC Penney CEO Jill Soltau to leave retailer
CNBC
Pierre Cardin dies at 98
CNBC
Dick’s Sporting Goods and Instacart to offer same-day delivery amid holiday crunch
Reuters
Costco beats estimates as grocery demand booms during pandemic
Reuters
Shoppers flood Italian cities as government debates Christmas curbs
CNBC
Bed Bath & Beyond strikes deal to sell Cost Plus World Market
CNBC
Popeyes to launch beignets nationwide
CNBC
Walgreens may begin Covid vaccinations at nursing homes before Christmas
CNBC
Francesca’s to shut another 97 stores
CNBC
‘Personalized gifts’ is the No. 1 search term on Etsy this year, CEO says
Reuters
Dollar Tree beats estimates, signals strong start to holiday quarter
CNBC
Dick’s Sporting Goods picks President Lauren Hobart as CEO
CNBC
Best Buy tops estimates on strong online sales
CNBC
Retailers put deepest discounts online after weeks of deals
CNBC
Macy’s same-store sales drop more than 20%
CNBC
Starbucks raises wages for baristas
WSJ
Retail entrepreneurs buy twice-bankrupt RadioShack
CNBC
Francesca’s will close 140 stores, may file for bankruptcy
CNBC
Walmart resumes counting customers in stores
Marketwatch
J.C. Penney launches new women’s brand
CNBC
Alibaba, JD set new records to rack up record $115 billion of sales on Singles Day
AP News
Online shopping surge could lead to holiday delivery delays
CNBC
Ulta Beauty strikes deal to open hundreds of shops at Target stores
Reuters
CBL & Associates Properties files for bankruptcy
CNN
Walmart returns firearms and ammunition to store floors
CNBC
Doordash partners with Sam’s Club on same-day prescription deliveries
Siliconera
GameStop to offer Pay Later and Rent to Own plans
CNN
Santa is skipping Macy’s for the first time in 159 years
NYT
Amazon workers demand paid day off to vote
CNBC
Target to pay more than $70 million in bonuses to hourly employees
CNBC
CVS to hire thousands of pharmacy techs as it prepares for more Covid-19 cases
CNBC
Peloton recalls pedals on 27,000 bikes
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