Retail’s online future grows brighter after pandemic bump
4 years ago

Retail’s online future grows brighter after pandemic bump

Associated Press  

Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. Traditional brick-and-mortar chains have gotten the message, ramping up their online sales as more and more people shop remotely rather than in stores. Walmart CEO C. Douglas McMillon said recently that upward trends for online sales accelerated by “two to three years in some cases” because of the virus, and that change will persist beyond the pandemic. Walmart introduced its “Walmart Plus” subscription option in September, giving members unlimited free delivery along with other mobile friendly shopping features that allow customers to scan and pay for items while they shop. Home Depot started integrating its in-store and online shopping options in 2017 to take advantage of people shifting to online ordering for both delivery and pickup.

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History of this topic

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season
1 month, 1 week ago

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

LA Times  

The Christmas tree is a big attraction on Black Friday at South Coast Plaza in Costa Mesa. “Honestly, you’ve got to come in with the mentality: It’s Black Friday,” said Gus Aguirre, a Simi Valley barber, who said his family never misses the biggest shopping day of the year. They suspected they could get the same sort of deals during …

Home Depot’s Q3 results top Wall Street as pullback in consumer spending eases a bit
1 month, 3 weeks ago

Home Depot’s Q3 results top Wall Street as pullback in consumer spending eases a bit

Associated Press  

Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street’s expectations. While this comes off the back of a decline in the prior year, it is the shallowest rate of decrease in two years and sends a positive …

Home Depot’s sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
7 months, 3 weeks ago

Home Depot’s sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales

Associated Press  

Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers, but it also had to deal with a delayed start to spring. Sales at store open at least a year, a key gauge of a retailer’s health, declined 2.8% …

How online shopping is saving the bricks-and-mortar store
8 months ago

How online shopping is saving the bricks-and-mortar store

Live Mint  

Store owners once viewed e-commerce as a mounting threat to their survival. Kohl’s now fulfills more than a third of its online orders in stores, Walmart more than half, and Target nearly all its sales from its network of roughly 2,000 locations, according to the companies. The pandemic sped up the integration of online and in-store shopping, as mandated closures …

Concrete Steps: Why Digital Businesses Are Opening Brick-And-Mortar Shops after Pandemic
2 years, 5 months ago

Concrete Steps: Why Digital Businesses Are Opening Brick-And-Mortar Shops after Pandemic

News 18  

The Covid-19 pandemic had necessitated an online presence for most retailers. However, our local patrons have benefited from the new store.” A study by the International Council of Shopping Centers found that opening a brick-and-mortar store brings traffic to the retailer’s website. Susmitha Lakkakula, founder of CloudTailor, a direct-to-consumer platform that provides tailoring solutions to women, found that many women …

Post Pandemic, More People From Small Towns Want To Shop Online Now: Amazon India’s Akshay Sahi To News18
2 years, 5 months ago

Post Pandemic, More People From Small Towns Want To Shop Online Now: Amazon India’s Akshay Sahi To News18

News 18  

Amazon is hosting its annual Prime Day sale in India on July 23 and 24 and while the e-commerce giant is readying itself for big sale days battle, what’s interesting is that the craze for online shopping and participating in such sales have extended across India. Akshay Sahi, Director, Prime and Delivery Experience, Amazon India in an interaction with News18 …

Retail sales rise 0.9% in April as consumers show resilience
2 years, 7 months ago

Retail sales rise 0.9% in April as consumers show resilience

Associated Press  

WASHINGTON — U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans’ ability to keep ramping up spending even as inflation persists at nearly a 40-year high. “Despite the surge in prices weighing on their purchasing power, the U.S. consumer now appears to be single-handedly keeping the global economy afloat.” The Tuesday report also showed that sales …

Home Depot sales continue to surge in hot housing market
3 years, 1 month ago

Home Depot sales continue to surge in hot housing market

Associated Press  

Home Depot’s sales continued to climb through third quarter with the U.S. housing market red hot. Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said last month that existing homes sales rose 7% compared with …

US retailers witness Cyber Monday as biggest online shopping dayin history cv19
4 years, 1 month ago

US retailers witness Cyber Monday as biggest online shopping dayin history cv19

Hindustan Times  

Cyber Monday is on track to bring in a record of as much as $12.7 billion in online sales, according to latest industry estimates, surpassing Black Friday’s digital numbers as US retailers reached the last leg of an extended holiday selling season caused by the Covid-19 pandemic. Cyber Monday turns out to be biggest online shopping day in US history …

Black Friday shoppers forgo lines for online
4 years, 1 month ago

Black Friday shoppers forgo lines for online

China Daily  

Shoppers wearing protective masks are seen at Hudson Yards on November 27, 2020 in New York, United States. Online sales hit $9 billion on the day after Thanksgiving, up more than 21 percent over last year, according to Adobe Analytics, which analyzes website transactions from 80 of the top 100 US online retailers. It was the first time that web …

This holiday season, everyone is shopping from home
4 years, 1 month ago

This holiday season, everyone is shopping from home

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Overall holiday sales are projected to rise a slight …

Black Friday shoppers forgo lines for online
4 years, 1 month ago

Black Friday shoppers forgo lines for online

China Daily  

Amazon employees work at a dispatch center in Boves, France, in September. Online sales hit $9 billion on the day after Thanksgiving, up more than 21 percent over last year, according to Adobe Analytics, which analyzes website transactions from 80 of the top 100 US online retailers. It was the first time that web shoppers outspent in-person gift-seekers on Black …

Virus keeps Black Friday crowds thin, shoppers shift online
4 years, 1 month ago

Virus keeps Black Friday crowds thin, shoppers shift online

Associated Press  

NEW YORK — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy. “They’ve done everything they had to do in school and outside of school, so I have …

Another booming quarter for Walmart, but sales are slowing
4 years, 1 month ago

Another booming quarter for Walmart, but sales are slowing

Associated Press  

NEW YORK — Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. Sales at Walmart stores opened at least a year— a key barometer for a retailer’s health — rose 6.4%. “We think these new customer behaviors will largely persist, and we’re well positioned to serve customers.” McMillon …

First coronavirus wave gave online retail a major boost
4 years, 2 months ago

First coronavirus wave gave online retail a major boost

Dutch News  

Online retailers booked an increase in sales of at least 55% during the second quarter of this year, as shops closed because people were urged to stay home. The popularity of online shopping also boosted postal company PostNL, which increased second quarter revenue from parcel deliveries by 28% to €516m. Online retailers outside the Netherlands also benefited from the stay …

Coronavirus boosts online shopping, DIY and garden centres benefit most
4 years, 3 months ago

Coronavirus boosts online shopping, DIY and garden centres benefit most

Dutch News  

Dutch shoppers spent a record €6.36n online in the second quarter of this year, according to sector association Thuiswinkel.org, as the coronavirus pandemic kept people home. While the overall increase was 12%, excluding services such as plane tickets and holidays, online sales rose 52% in the second quarter, Thuiswinkel.org said. ‘Many people have now discovered online shopping and coronavirus helped …

Move to online grocery shopping during pandemic is 'irreversible' as three quarters of UK embrace it
4 years, 4 months ago

Move to online grocery shopping during pandemic is 'irreversible' as three quarters of UK embrace it

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

US retail sales jump 7.5% in June, but economy still ails
4 years, 5 months ago

US retail sales jump 7.5% in June, but economy still ails

Associated Press  

BALTIMORE — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery. The Census Bureau reported Thursday that retail sales are 1.1% higher than their levels from a year ago, after a brutal plunge in March and April …

As you shop for the apocalypse, stores are paying a price
4 years, 7 months ago

As you shop for the apocalypse, stores are paying a price

CNN  

New York CNN Business — Americans grabbing groceries and fixing up their homes during the coronavirus pandemic have propped up top retailers’ sales. Target, Walmart, and Home Depot all reported sales increases during their latest quarters, but said that higher labor and operations costs weighed on their bottom lines. This should drive continued sales growth and help leverage the higher …

Online sales explode but markets for holidays and high fashion collapse
4 years, 8 months ago

Online sales explode but markets for holidays and high fashion collapse

Dutch News  

Online shopping has exploded since the corona crisis but shops selling holidays and luxury goods have seen a huge drop in revenue, new figures show. ‘Before coronavirus many online shops saw growth of 16% to 18%, now it’s 60% to 70%,’ Wijnand Jongen, director of Thuiswinkel.org, told broadcaster NOS. ‘Some online shops can’t source the stuff quickly enough,’ Jongen said. …

The shops are closed but we can still order stuff online. What gives?
4 years, 8 months ago

The shops are closed but we can still order stuff online. What gives?

Wired  

Those of us living in city centres during the coronavirus crisis are a little ahead of everyone else in the country. “It won’t be the end, but I think there’ll certainly be a number of stores that won’t be opening again,” says retail analyst Richard Hyman. Intu, which operates many of the country’s major shopping centres, received only 29 per …

Online Grocery Delivery Is Overbooked. Here's What Companies Are Doing About It.
4 years, 9 months ago

Online Grocery Delivery Is Overbooked. Here's What Companies Are Doing About It.

Huff Post  

LOADING ERROR LOADING In the coronavirus era, buying your groceries via an online delivery service feels a lot like the lottery meets “The Hunger Games” meets utter stress. Here’s the longer answer: Amazon Fresh The brand told HuffPost that it has seen an increase in people shopping online and is “working with suppliers and distributors to ensure we’re getting products …

Grocery shopping is forever changed by the coronavirus
4 years, 9 months ago

Grocery shopping is forever changed by the coronavirus

CNN  

New York CNN Business — The outbreak of coronavirus is pushing Americans to buy their groceries online, a development that could have a lasting effect on the supermarket industry. “We are seeing a larger percentage of customers over the age of 60 that are coming online,” said JJ Fleeman, chief e-commerce officer for Ahold Delhaize in the United States, which …

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