Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
Walmart suffered some disappointment when the company launched its paid membership program when consumers didn’t react as enthusiastically as hoped and have since determined to enhance its value with additional benefits including a broader fuel discount. Now, Walmart+...
Metrical, a provider of predictive shopper engagement solutions, is touting its work with JCPenney, which looks to be in agreement about a stratic made with the tech partner away from blanket discounts and related traditional promotional methods of boosting online...
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
