Cost Plus World Market has teamed with Rightpoint to launch Cost Plus World Market’s first virtual holiday store. With the COVID-19 pandemic changing customer shopping behaviors, Cost Plus World Market created the virtual holiday store to engage customers online.
TJX did better than it thought it might in the third quarter, the company maintained, as HomeGoods performed particularly well and as the parent began taking steps to launch a dedicated e-commerce operation for the banner. Digital sales at homegoods.com will begin next year.
Target sales made big strides in the third quarter with online revenues, supported by omnichannel services such as buy online pickup at store, a critical driver, even if the stores themselves had a strong performance.
Dollar General plans to award approximately $50 million in additional appreciation bonuses to eligible frontline employees in the fourth quarter, doubling its planned investment in these bonuses in the back half of the year and bringing its third and fourth quarter commitment to approximately $100 million in total.
In a challenge not only to drug store chains but mass merchants and supermarket operators boosting their wellness credentials via pharmacy and related medical services, Amazon has launched two new pharmacy offerings designed to help customers conveniently purchase their prescription medications.
As the COVID-19 pandemic enters a new phase, Walmart third quarter sales and earnings maintain momentum as consumers turn to it, in store and online, to meet their ongoing needs.
Instacart has kicked off a new nationwide partnership with Best Buy to offer same-day delivery from nearly all Best Buy locations across the U.S. Customers nationwide now have access to a selection of Best Buy’s electronics and tech products delivered same-day, including small appliances.
On the heels of its announcement that it would be acquiring HD Supply Holdings, a leading national distributor of maintenance, repair and operations (MRO) products, The Home Depot reported a strong third quarter built upon increased demand for home improvement projects.
Qurate Retail said that president and CEO Mike George has extended his employment agreement through the end of 2021 and will be retiring from the company at that time. The early announcement allows time for transition planning and an executive search process.
Deloitte has released the latest edition of the company’s “Global State of the Consumer Tracker,” which points to gains in consumer confidence and convenience-based shopping habits.
In a deal that reduces its role in the Japanese retail market, Walmart has signed a definitive agreement with investment firm KKR & Co. and Internet services provider Rakuten under which KKR will purchase a majority stake and a new Rakuten subsidiary will purchase a minority stake in Seiyu GK at $1.6 billion.