e-commerce

Retail
Amazon Sets New Policies To Keep Distribution Moving

Amazon has been dealing with coronavirus complications in its distribution system including, for example, the closure of a New York City fulfillment center in the borough of Queens that had not reopened by press time as the company works to sanitize the facility after a worker tested positive for COVID-19.

Financials
Kirkland’s Stumbles In Q4, Fiscal Year

Despite e-commerce gains, Kirkland’s posted lower fourth quarter adjusted profits and a loss for the year as comparable sales decreased. The company also said it plans to close 28 underperforming stores in the first quarter.

Financials
Qurate Q4 Sales Slip

Revenues and operating income fell at QVC and HSN in the fourth quarter, which impacted Qurate Retail financial results, although the company made some adjusted income headway.

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