Apple is pioneering a mini store in California, where customers can pick up their online orders or visit a 'Genius' by appointment. The store concept is primarily a solution for corona times.
» Read more
Amazon is recruiting 100,000 new warehouse workers, as the online retailer takes 100 additional logistics hubs into operation in the US. Jeff Bezos' company is also looking for as many as 33,000 office and technology employees.
» Read more
Two real estate investors take over the bankrupt US department store chain JCPenney. They hope to secure the future of their indoor shopping centres, but this reasoning meets with a certain amount of scepticism...
The oldest department store chain in the United States, Lord & Taylor, will not make it to its 200th anniversary. Six years short of that milestone, it failed to find new investors and had to close its 38?remaining stores.
Coca-Cola is cutting 4,000 jobs in the United States and Canada, while a similar exercise may be coming in many other countries as well.
Abercrombie & Fitch seems to be on the rebound: after a record loss in the first quarter, the fashion group now reports a profit of 5.5?million dollars. Turnover, however, continues its drop.
Amazon has opened its first Fresh supermarket in California, combining a rather traditional product range with innovative technology. The store in Woodland Hills (Los Angeles) uses smart shopping carts to ensure a frictionless check-out.
Nike discontinues its collaboration with a series of major retail partners in the United States: the sneaker brand is speeding up its direct sales strategy, aiming to reach consumers as much as possible. Partners in Europe may also be eliminated.
E-commerce has given American retail giant Walmart a spring in its step during the Covid-19 crisis: the company's online sales almost doubled and the forced closure of restaurants meant that more Americans were buying food to cook at home.
Outdoor group VF Corp, owner of brands like The North Face and Vans, saw its turnover halved last quarter, but is very optimistic about the long-term future as outdoors, sustainability, casual wear and digital sales are on the rise.
Amazon reached its highest profit ever thanks to the Covid-19 pandemic: it sold 40?% more than the year before, enabling profit to double to 5.2?billion dollars (4.4?billion euros).
Dutch retailer Rituals is going to close some of its stores in the United States and focus more on online, because Americans are "more digital-minded".
The Covid-measures inflicted Coca-Cola with a 28?% turnover drop in the second quarter of its financial year. Still, the soft drinks producer remains hopeful as it sees signs of recovery.
More and more countries make face masks mandatory in stores: England joins the group on 24 July, France on 1 August. Even notorious opponents Boris Johnson and Donald Trump are now arguing for the face covering.
Amazon has rolled out smart shopping carts that are similar to miniature Amazon Go stores: image recognition and scales detect what customers put into their carts and eliminate the need for check-outs.
Amazon is attacking the supermarket landscape with several concepts at the same time: after the growth of home delivery during the corona crisis, the cash-less Amazon Go concept is expanding further, while "regular" supermarkets are also being added.