by Mike Duff | Jan 21, 2025 | Retail Articles
Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics business as part of a deal that will see the tech company develop pickup and fulfillment automation for the retailer, including at the store level. Symbotic announced the acquisition, contending...
by Mike Duff | Jan 17, 2025 | Retail Articles
Gen Z is redefining retailing, declared Adyen, a global financial technology platform, citing a survey it conducted where 73% of 18-27-year-olds said they shop in-store at least once a week compared to 65% of Baby Boomers. When asked whether they considered shopping...
by Mike Duff | Jan 9, 2025 | Retail Articles
For the fiscal month of December, Costco Wholesale Corp. posted net sales of $27.52 billion, up 9.9% from the year-earlier period. Comparable sales, with the effect of changes in gasoline prices and foreign exchange excluded, were up 9.9% versus the fiscal month a...
by Mike Duff | Sep 30, 2024 | Retail Articles
According to the 2024 U.S. Holiday Shopping Forecast from Adobe Digital Insights, e-commerce growth during the November/December core shopping season has the potential to produce an online spending record of $240.8 billion, up 8.4% from 2023, as inflationary pressures...
by Mike Duff | Aug 12, 2024 | Retail Articles
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
