Responding to a statement and a letter to shareholders from activist investor Macellum Advisors, Kohl’s Corp. issued its own statement rejecting critical points made in the Macellum correspondence. Kohl’s insisted that it has continued to engage with Macellum on...
In the 2021 November/December, holiday season retail sales grew 14.1% from those in 2020 to $886.7 billion, the National Retail Federation announced, beating its own forecast and setting a new record despite challenges from inflation, supply chain disruptions and the...
According to the Salesforce 2021 Holiday Shopping Report, consumers spent $1.14 trillion online globally and $257 billion in the United States in 2021, compared to $1.1 trillion and $236 billion respectively in 2020, according to Salesforce. In its report, Salesforce...
Newegg Commerce has commenced its 21st Anniversary Sale with discounts across its various product categories but with particular emphasis on gamers. The event runs through January’s end and features deep discounts to celebrate the company’s founding, Newegg noted....
To advance its home delivery agenda, The Kroger Co. is expanding a collaboration by testing Nuro’s third-generation all-electric autonomous delivery vehicle. Kroger and Nuro announced in 2018 that they had commenced a partnership to deliver fresh groceries with...
