Topics

Online shopping

L'Oreal sales rebound as beauty business shifts online in pandemic

L'Oreal sales rebound as beauty business shifts online in pandemic

By: Sarah White
Source: Reuters
Date of Publication: February 11th, 2021
L'Oreal, the world's biggest cosmetics group, posted higher-than-expected revenue growth for the fourth quarter in part as beauty shoppers flocked online during the coronavirus pandemic.
Masked customers browsed Bronner's Christmas Wonderland store in Frankenmuth, Mich., in early December.

Holiday Shoppers Steered Clear of Stores, Favoring Online Buying

By: Sarah Nassauer
Source: Wall Street Journal
Date of Publication: December 26th, 2020
During a remade shopping season, many Americans ditched stores for digital outlets. And pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending.
Walmart forecasts promising holiday season as online sales soar

Walmart forecasts promising holiday season as online sales soar

By: Melissa Fares, Aishwarya Venugopal
Source: Reuters
Date of Publication: November 17th, 2020
Walmart Inc WMT.N said on Tuesday it was optimistic about its holiday sales prospects in a pandemic-ridden year after the big-box retailer beat Wall Street expectations for quarterly results as Americans increasingly shift their spending online.
Sony PS5 sold out online as pandemic chills real-world retailing

Sony PS5 sold out online as pandemic chills real-world retailing

By: Sam Nussey
Source: Reuters
Date of Publication: November 11th, 2020
Sony Corp’s PlayStation 5 (PS5) console launched in core markets on Thursday to intense interest online, but with first day real-world sales limited to pre-order pick-ups.
Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancing

Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancing

By: Aluisio Alves
Source: Reuters
Date of Publication: November 8th, 2020
Amazon AMZN.O said on Monday it had opened three more logistics centers in Brazil to take advantage of the boost the COVID-19 pandemic has given to e-commerce in South America's largest economy.
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.
Amazon reports over 19,000, or 1.44%, of U.S. frontline employees had COVID-19

Amazon reports over 19,000, or 1.44%, of U.S. frontline employees had COVID-19

By: Jeffrey Dastin
Source: Reuters
Date of Publication: October 1st, 2020
Amazon.com Inc on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44% of the total, a disclosure sought by labor advocates who have criticized the COVID-19 response of the world’s largest online retailer.
Why Wayfair’s Furniture Sales Exploded During the Pandemic _ Marker

The Pandemic Was the Best Thing That Ever Happened to Wayfair

By: Rob Walker
Source: Marker
Date of Publication: August 25th, 2020
But what happens to the online furniture retailer as the world opens back up?
TJX forecasts current-quarter comparable sales to drop up to 20%

TJX forecasts current-quarter comparable sales to drop up to 20%

Source: Reuters
Date of Publication: August 19th, 2020
TJX Cos Inc (TJX.N) on Wednesday forecast current-quarter same-store sales to fall up to 20% after reporting a bigger-than-expected loss for the previous three months, sending the off-price retailer’s shares down about 7%.
Walmart results expected to show improved margins, online sales

Walmart results expected to show improved margins, online sales

By: Aishwarya Venugopal, Melissa Fares
Source: Reuters
Date of Publication: August 17th, 2020
Walmart Inc’s (WMT.N) margins and online sales are expected to benefit in the second quarter as the largest U.S. retailer cashed in on shoppers using government stimulus checks to buy higher-priced products like sneakers and toys along with daily essentials.