In a move to support its expanding supply chain network and e-commerce business, Walmart announced plans to build a million square foot plus fulfillment center in Olive Branch, MS, to open this spring. The e-commerce-focused facility is part of a broader Walmart...
In a presentation at NRF 2022: Retail’s Big Show, Best Buy CEO Corie Barry revealed the five retail trends she believes are critical to Best Buy and the market in which it competes. The National Retail Federation reported in a blog post that, as part of a session...
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...
