Survey: Consumers pivot toward e-commerce during COVID-19A new survey suggests consumers plan to shop online more as they visit brick-and-mortar stores less due to the COVID-19 pandemic. Alibaba pilots e-commerce platform for young luxury shoppersChinese e-commerce giant Alibaba Group is helping luxury brands reach younger, value-conscious consumers. These are the 16 stores that Nordstrom is permanently closing As Nordstrom begins to reopen its stores, it also is closing some permanently. Consumer impulse purchases jump in April Americans spent more on impulse purchases post-pandemic than before the outbreak. Target acquiring same-day delivery tech from Deliv Target Corp. is set to enhance its same-day delivery muscle in its ongoing battle to compete with Walmart and Amazon. Brookfield’s relief plan for retailers: $5 billion Brookfield is betting five billion bucks on retailers to make it through the COVID-19 pandemic. Canada’s Aldo Group seeks bankruptcy protection, citing COVID-19 impact The Aldo Group Inc. wants to restructure its debt via bankruptcy. Independent Pet Partners adds omnichannel shopping features The parent company of four independent pet store banners is launching a nationwide buy online, pickup in store (BOPIS) and curbside pickup service. Costco rolls out national same-day prescription delivery Costco prescription delivery via Instacart is now available nationally. Neiman Marcus files for bankruptcy In a move that was not unexpected, Neiman Marcus Group has filed for bankruptcy with an agreement that will eliminate about $4 billion of its debt and make its creditors the majority owners of its business. First Previous 813 814 815 816 817 Next Last
