Amazon has named Doug Herrington CEO of its Worldwide Amazon Stores business, formerly known as Worldwide Consumer, as it makes an organizational change. The announcement comes just about two weeks after the company revealed that Dave Clark, CEO of Worldwide Consumer...
Walmart and Roku have entered a first-of-its-kind partnership in a move to make streaming TV the next critical e-commerce shopping destination, Roku announced. Walmart will become the exclusive retailer streaming on Roku, allowing consumers to purchase featured...
In an operational advance, Walmart has announced plans to build four new high-tech fulfillment centers including a 1.1- million-square-foot facility in Joliet, IL. The company also announced plans to build a 1.5-million-square-foot, high-tech fulfillment center in...
Consumers in the United States want to go back to their old, pre-pandemic shopping habits while maintaining those they developed while COVID-19 kept them homebound, according to a Consumer Pulse study by McKinsey & Co. More people across the country have...
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
