As e-commerce has accelerated, so had the demand for warehouse space. According to a report from CBRE, nearly 14 million square feet of big-box retail space in the U.S. has been converted to industrial space.
The Home Depot Inc. reported fourth-quarter profit and sales that easily topped Street expectations — including its third straight quarter of 25% comps — as consumers continued to invest heavily in their homes amid the pandemic.
Kohl’s Corp. is pushing back against a group of activist investors who think the retailer is not moving quick enough to address “stagnant sales” and “declining gross margins” — issues that it said predate the pandemic.
Walgreens Boots Alliance has administered more than 3 million COVID-19 vaccinations across long-term care facilities and other identified vulnerable populations. And now its in-store efforts are ramping up.
Walmart Inc. reported fourth-quarter earnings that fell short of expectations amid COVID-related costs and ongoing investments in e-commerce and cautioned that it expects sales to be moderate this year.
Old Spice is updating and expanding the standard barbershop experience with its first brick-and-mortar location.
The 80-years-plus men’s grooming brand from P&G is opening a storefront that will serve as a barbershop, retail store, conte
Sam’s Club is rolling out an in-house developed, automated health screening kiosk designed to enable a safer, quicker and more reliable COVID-19 screening procedure for employees to its nearly 600 clubs nationwide.
The contactless kio
U.S. consumer sentiment regarding expectations for the next six months fell to a six-month low in February as Americans — particularly lower-incomer consumers — grew more pessimistic about their financial outlook.
Chain Store Age will bring together top retailers and suppliers involved in store/planning, construction and facilities management at the SPECS Spring Social, an interactive virtual event scheduled for March 24-25.
Chain Store Age spoke with Giancarlo Lanzano, VP of business development at Pine Ridge Construction Management, about how the firm serves its clients and uses technology to their benefit, along with COVID-19 safety concerns.
Amazon capped off 2020 by delivering its largest quarterly revenue to date — news that was somewhat overshadowed by the announcement that founder Jeff Bezos will step down as CEO during the third quarter.