Amazon.com
November 20, 2017 at 11:39 am
Amazon.com has quietly launched an app designed to help delivery drivers get in and out of its warehouses faster, according to CNBC. The app, called Relay, debuted late last month and is available on Apple and Android devices. Drivers enter cargo information into the app, allowing them to check in with a QR code and…
November 14, 2017 at 12:52 pm
Lord & Taylor will launch a flagship store on Walmart.com in spring 2018, according to a joint announcement from the retailers yesterday. As part of the agreement, Lord & Taylor will introduce a specialized “flagship store” on Walmart.com, which essentially will be a section on Walmart’s website and an app dedicated to goods sold by…
November 3, 2017 at 11:12 am
Amazon.com is ending its Fresh grocery delivery service for select areas, though it will continue to operate in more than a dozen cities. Reuters reports AmazonFresh deliveries will stop for some people after Nov. 30 in suburban Pennsylvania and New Jersey, according to messages sent to customers. AmazonFresh started more than a decade ago, but…
November 2, 2017 at 12:43 pm
Wal-Mart is throwing 20,000 parties in its stores across the country in an attempt to attract more holiday shoppers. According to a company press release, the parties will take place on Nov. 4, Dec. 2 and Dec. 16, and will include 165,000 in-store toy demos, visits from Santa and other activities. The Nov. 4 party will…
October 30, 2017 at 10:56 am
CVS Health has proposed to buy health insurer Aetna for $200 a share or more, according to news reports. If the deal goes through, CVS would become the first healthcare triple threat: a pharmacy, a pharmacy benefit manager and an insurer. The Wall Street Journal first reported the proposed deal. Acquiring Aetna would give CVS…
October 27, 2017 at 11:52 am
Nike CEO Mark Parker said at the annual Investor's Day summit that the company will be favoring a small number of retailers in which its products will be sold. The company currently has 30,000 retail partners, but plans to favor a select few "differentiated retailers" like Nordstrom and Foot Locker — about 40 in all. These…
October 20, 2017 at 12:32 pm
Stitch Fix, the online personalized styling service, announced yesterday that it has filed for an initial public offering (IPO). While the company didn't state how much it expects to raise, sources familiar with the situation said the retailer anticipates it will be valued at roughly $3 billion to $4 billion. An IPO filing had been…
October 11, 2017 at 10:24 am
Amazon.com is attempting to attract more more students into its lucrative Prime loyalty program. The retailer announced a new offer for college students: $5.49 monthly subscription plan bundled into a free six-month trial offer. So essentially anyone with an .edu email address can get Amazon Prime free for six months, after which they can elect…
October 11, 2017 at 9:38 am
Ikea will soon sell its products through third-party online retailers in an attempt to reach more customers. A pilot program is scheduled to start sometime next year, the Swedish furniture retailer said Tuesday. The company is "curious" about what will happen as it plans to gather new insights from the pilot, Ikea spokesperson Josefin Thorell said…
October 9, 2017 at 11:53 am
Costco announced last week that it's offering customers same-day grocery delivery. On Thursday, the company announced two new delivery options: two-day delivery for dry goods, and same-day delivery for orders that include fresh foods. The same-day service will be powered by grocery delivery company Instacart. The same-day delivery option, available in “most metropolitan areas,” lets…
