Retail

Samsung Pay will expand online shopping for US consumers in 2016

Samsung will launch its payment system, Samsung Pay for US consumers in 2016 for online shopping, according to a statement issued by the South Korean Electronics giant. Select models of Samsung smartphones support Samsung Pay and next year, consumers in United States will be able to make... read more

FedEx employees work hard on Christmas Eve to deliver packages

FedEx had already indicated that there could be delay for some deliveries scheduled for holiday season as the number of orders jumped this year. The company has also blamed inclement weather for delays of shipments at certain locations. FedEx employees worked tirelessly to deliver packages to... read more

UPS and Fedex Witness Delivery Delays After Black Friday

After Black Friday and Cyber Monday, shipping majors UPS and Fedex have been trying hard to deliver the goods to customers in time. During Black Friday and Cyber Monday, the online shopping platforms have registered strong sales and shipping service providers have to deal with the additional... read more

Drivers sue Amazon for Not Providing Independent Contractor-Level Benefits

Drivers working for Amazon have filed a lawsuit against the retailer alleging that the company treats them as its employees, but do not provide them independent contractor-level benefits.

According to the lawsuit, drivers of the Amazon Prime Now were hired by Scoobeez, a contractor that... read more

Wal-Mart seeks Approval to Test Drones for Use in Home Deliveries

Several retail giants, including Amazon and Google, are making efforts to use drone for home deliveries. The latest retailer that has joined the list is Wal-Mart, which filed with the US regulators to get permission to tests drones for home deliveries.

So far, the retailer has been making... read more

US Retail Sales Declined 0.3% in June, Hurting Business Sentiment

The US retail sales in June have dropped by 0.3 percent, tainting the future prospects of the economy. The decline in sales has tarnished the hopes of the business retailers who expected a rise in spending by consumers in the second quarter.

The Commerce Department statistics revealed on... read more

Target’s chief merchandising and supply chain officer to leave post on July 6

On Thursday, Target said that Kathryn Tesija, company's chief merchandising and supply chain officer, will move temporarily to a strategic adviser role on July 6 and is planning to leave in the company April 2016.

Ms. Tesija joined the company in 1986 and was promoted to chief... read more

Amazon Revamps Customer Reviews System, aiming to generate Helpful and Trustworthy Reviews

What is more reliable when buying a new product than getting to know someone’s firsthand experience with the same product? However, the whole motive of helpful customer reviews can get marred by fakes. Therefore, in a bid to strangulate such false reviews and uphold consumer trust worthiness,... read more

Whole Foods announces name of new chain of smaller stores with lower prices

American foods supermarket chain Whole Foods announced that the name its new sister chain of lower-priced grocery stores will be '365 by Whole Foods Market'.

The company said that it though to use one of its house brands, '365' as the name in the hopes of that it will attract younger... read more

Walmart on top of Fortune 500 list

According to Fortune, Wal-Mart Stores Inc. is on top of the Fortune 500 list for the third straight year, remaining the largest company in the country.

Revenue of Wal-Mart was $485.7 billion in its fiscal year, ending on January 31; it was over $100 billion ahead of number two, Exxon... read more

In an enlarging milieu of shipping and logistics services, with Uber testing its local delivery service, Postmates collaborating with McDonald's and Starbucks and Walmart test running an unlimited and super economical shipping service, Amazon too, is competitively expanding its Prime Now... read more

Home Depot posts First Quarter Profit Topping Analysts’ Estimates

Home Depot Inc has posted a 14.5% rise in quarterly profit. The world's largest home improvement chain by sales witnessed the rise majorly because customers in North America have spent more money in home repairs after harsher winters.

Home Depot reported that its total comparable sales... read more

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