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EBay sees current-quarter revenue above view as more people shop online
EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of the COVID-19 pandemic......»»
Chipotle March same-store sales drop even as delivery orders surge
Chipotle Mexican Grill Inc on Tuesday reported a 16% drop in March same-store sales while online orders surged, as it was forced to keep stores closed because of the coronavirus pandemic......»»
Online grocery services struggle to meet spike in demand
LONDON (AP) — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they've been struggling to keep up with a surge in orders, highlighti.....»»
Iconic Portland bookstore rehires 100 workers to meet online surge
Powell's Books, the legendary Oregon-based bookstore, announced it has rehired more than 100 of its workers amid the flood of online orders it has received since closing its stores amid the coronavirus pandemic......»»
Target ups hiring to more than 130,000 for holidays
Target is hiring more than 130,000 people ahead of the critical holiday season, up 8% from last year. The retailer is doubling to 8,000 the number hires dedicated to handling online orders. While... To view the full story, click the title link......»»
A surge in cardboard demand is causing a supply squeeze for box makers amid the online-shopping boom
The spike in online shopping during the pandemic h.....»»
Visa sees pandemic "storm" clearing
Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»
: Deliveroo, Hut Group and Naked Wines have all been pandemic winners. Here comes the hard part.
The rapid consumer shift to online shopping due to COVID-19 pandemic-induced lockdowns helped a clutch of U.K.-listed companies report a surge in sales on Thursday......»»
"It"s Complicated" podcast: How the pandemic helps a logistics firm bag more grocery business
During the Covid-19 pandemic, online grocery store orders increased twice as quickly as they had during the past decade. That trend proved to be a boon for Atlanta-based Dematic, a company that designs, builds and supports logistics solutions. A key p.....»»
Georgia logistics companies look to robots, temporary labor to meet surge in e-commerce
Companies like Fulfillment.com and XPO Logistics plan to keep in place strategies that helped them take care of shippers hit by the pandemic-related surge in e-commerce last year, since online order fulfillment demand is expected to hold steady......»»
Target hits another bull’s-eye: Sales up $15 billion during pandemic
Target extended its strong streak through the holiday quarter and sales grew by more than $15 billion, exceeding the company’s annual sales growth over the past 11 years combined. Online sales last year surge.....»»
Earnings Results: PayPal profit triples as pandemic drives continued surge in online payments
PayPal Holdings Inc.'s profit tripled in the fourth quarter as the company capped off what Chief Executive Dan Schulman called the strongest quarter in its history, fueled by accelerated adoption of digital payments during the pandemic......»»
Amazon will surge 21% as deliveries stay elevated in a post-pandemic world, Canaccord says
Year-ago comparables will be tough to overcome, but a "new era" of leadership and "ongoing secular tailwinds" should aid performance, the team said. Elaine Thompson/AP The boost to online retail.....»»
Target is giving all store workers another bonus of at least $500
Target's sales boomed during the pandemic, with online orders nearly doubling from 2019 to 2020. AP &nbs.....»»
Amazon Is Grabbing Google"s Online Advertising Share: FT
Amazon.com, Inc (NASDAQ: AMZN) is on course for $100 billion in quarterly revenue as the pandemic has led to an online shopping surge, the read more.....»»
We"re heading toward a hybrid retail model. Here"s what that looks like, according to a CBRE report.
The way we are shopping now is shaping how we will shop in the future when the coronavirus crisis has passed. The pandemic, which has fueled a surge in online shopping and in-store and curbside pickups, is accelerating a trend toward a hybrid retail .....»»
Online sales, returns fuel Valley industrial demand for the holidays and beyond
The Covid-19 pandemic.....»»
As Packrite"s pivot creates surge, hiring remains conundrum
Says Packrite co-owner Michael Drummond: "If we hadn’t reinvented ourselves, we would have been in trouble. We’re making Covid test kids, we’re making food packaging and we had more orders than we had people to run the equipment.".....»»
Nike warns of fourth-quarter hit from virus-related store closures
Nike Inc said on Thursday store closures across the globe will hurt its retail and wholesales businesses in the fourth quarter, even as it ramps up its e-commerce capabilities to address increased online orders amid the COVID-19 pandemic......»»
Amazon is opening more "dark" Whole Foods stores as online grocery orders surge and workers worry about rising infections
Reuters Amazon-owned Whole Foods is converting its sixth location to a "dark store" that is dedicated to filling only online orders. "As we navigate the chal.....»»