In the past decade, the U.S. has seen a dramatic decline in the number of drugstores, with nearly 30% of them disappearing from the retail landscape. This shrinking footprint reflects a combination of factors, including the rise of eCommerce, changing consumer habits, razor-thin profit margins...
Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. The agreement, finalized Dec. 27, ensures hundreds of Big Lots stores will remain operational, as the assets of the bankrupt retailer are transferred...
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into the “quick commerce” sector, which is expected to surpass $6 billion in annual sales this...
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party Marketplace during the early holiday shopping season, with the period from Nov. 25 to Dec....
January 09, 2025
Amazon and Walmart are each carving out new territories in response to consumer demands, but their approaches are quite different. Amazon is focusing on the automotive industry, particularly through connected vehicles, while Walmart is concentrating on expanding its health and wellness offerings. Both companies are leveraging their vast ecosystems, but where Amazon is leveraging its […]
January 07, 2025
In the past decade, the U.S. has seen a dramatic decline in the number of drugstores, with nearly 30% of them disappearing from the retail landscape. This shrinking footprint reflects...
December 13, 2024
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into...
December 06, 2024
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party...
