Industries

Retail

Sam's Club is putting robot janitors in all of its stores during the pandemic

Sam's Club is putting robot janitors in all of its stores during the pandemic

By: Alexis Benveniste
Source: CNN Business
Date of Publication: October 21st, 2020
Soon every Sam's Club will have a robot to scrub the store floors.
In partnership with Brain Corp, an artificial intelligence company, the membership-only warehouse chain will distribute 372 new autonomous floor scrubbers to its stores this fall.
Santa is skipping Macy's for the first time in 159 years

Santa is skipping Macy's for the first time in 159 years

By: Alexis Benveniste
Source: CNN Business
Date of Publication: October 22nd, 2020
There will be no miracle on 34th Street this year. Santa Claus won't be visiting any Macy's stores in 2020, ending a 159-year holiday season tradition.
Adidas plans to sell ailing Reebok business within months

Adidas plans to sell ailing Reebok business within months

Source: Reuters
Date of Publication: October 22nd, 2020
German sportswear company Adidas is planning to sell its Reebok division, Germany’s manager magazin reported on Thursday, as the group seeks to put an end to its ill-fated investment in the U.S.-focused brand.
U.S. weekly jobless claims fall; many unemployed losing benefits

U.S. weekly jobless claims fall; many unemployed losing benefits

By: Lucia Mutikani
Source: Reuters
Date of Publication: October 22nd, 2020
The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained very high as the labor market recovery shows signs of strain amid a relentless COVID-19 pandemic and ebbing fiscal stimulus.
CVS to hire 15,000 workers ahead of flu season, COVID-19 vaccines

CVS to hire 15,000 workers ahead of flu season, COVID-19 vaccines

Source: Reuters
Date of Publication: October 19th, 2020
U.S. pharmacy chain CVS Health Corp on Monday said it will hire 15,000 employees in the fourth quarter of this year as the onset of winter could fuel a resurgence in the spread of COVID-19 and flu cases.
TikTok is driving massive toy sales as play dates become less frequent during pandemic

TikTok is driving massive toy sales as play dates become less frequent during pandemic

By: Sarah Whitten
Source: CNBC
Date of Publication: October 16th, 2020
Social media influencers were the fourth-most cited reason for someone making a toy purchase. More than 100 million Americans are monthly active users of TikTok. With that many eyeballs, it’s no wonder that toy companies are partnering with content creators to showcase products on the app. A number of toy companies have cited paid partnerships with TikTok creators as reasons for toy sale surges.
Walgreens promises return to profit growth as COVID-19 impact eases

Walgreens promises return to profit growth as COVID-19 impact eases

By: Mrinalika Roy, Manas Mishra
Source: Reuters
Date of Publication: October 15th, 2020
Walgreens Boots Alliance Inc WBA.O on Thursday forecast a return to growth in profit next year, banking on a recovery in the second half of fiscal 2021 after improvement in U.S. and UK markets helped it beat estimates for the most recent quarter.
Walmart to spread out deals to avoid Black Friday crowds

Walmart to spread out deals to avoid Black Friday crowds

By: ANNE D'INNOCENZIO
Source: The Associated Press
Date of Publication: October 14th, 2020
Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
Amazon taking extra precautions against COVID-19 ahead of Prime Day

Amazon taking extra precautions against COVID-19 ahead of Prime Day

By: Kelly Roberts
Source: WMC5
Date of Publication: October 7th, 2020
Amazon Prime Day has become the new, unofficial start of the holiday shopping season. Millions of packages will be shipped out, but six feet is the number workers are expected to focus on inside Amazon facilities.
Pandemic pushes start of holiday shopping earlier than ever

Pandemic pushes start of holiday shopping earlier than ever

By: JOSEPH PISANI and ANNE D'INNOCENZIO
Source: The Associated Press
Date of Publication: October 5th, 2020
Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic.