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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.
PayPal Doubles Down as Coronavirus Shifts Payments - WSJ

PayPal Doubles Down as Coronavirus Shifts Payments

By: Telis Demos
Source: The Wall Street Journal
Date of Publication: July 30th, 2020
As more and more shopping goes digital, PayPal’s profitability is surging. It plans to invest that windfall to shape the future of payments.
As virus-wary shoppers opt for online purchases, retailers pay the price

As virus-wary shoppers opt for online purchases, retailers pay the price

By: Lisa Baertlein, Melissa Fares, Nivedita Balu
Source: Reuters
Date of Publication: July 15th, 2020
Online sales may be a saving grace for pandemic-battered retailers with fewer shoppers in their stores. But many retailers, from department store chain Macy’s Inc to essential retailer Target Corp, are grappling with higher expenses related to e-commerce.
Walmart partners with Shopify to expand online marketplace business

Walmart partners with Shopify to expand online marketplace business

Source: Reuters
Date of Publication: June 15th, 2020
Walmart Inc (WMT.N) said on Monday it has partnered with e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as it looks to expand its online marketplace business and cash in on the coronavirus-driven jump in online shopping.
Marketers make ‘radical’ changes to customer journeys amid pandemic – Marketing Week.pdf

Marketers make 'radical' changes to customer journeys amid pandemic

By: Charlotte Rogers
Source: Marketing Week
Date of Publication: April 30th, 2020
The Covid-19 pandemic is radically changing customer journeys across the marketing spectrum, exposing gaps in the process and suggesting ways to improve post-outbreak.
Target shares tanks as CEO guides to Covid-19 hit

Target shares tank as CEO guides to coronavirus hit

By: CNBC Television
Source: CNBC Television
Date of Publication: April 23rd, 2020
Shares of Target dropped after the company talked about the Covid-19 hit. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Karen Finerman and Steve Grasso.