Target profits soar 80%, comp-sales jump 24.3% in record-setting quarterTarget Corp. crushed all estimates for its second quarter as it posted skyrocketing profits and the strongest quarterly same-store sales growth in its history amid strong digital and store growth. Leaders in facility management provide insight on cost savings during a crisisSince mid-March, retailers and facility management leaders have been forced to navigate a crisis that altered nearly every aspect of their business. Lowe’s in blow-out quarter with earnings near $3B mark Lowe’s Companies saw its second-quarter U.S. same-store sales rise 35.1% as consumer spending on home projects continues to surge amid the pandemic. Regional grocer stays fresh with AI Heinen’s is supporting merchandising, ordering, and store operations in its fresh departments with a new artificial intelligence (AI) platform. Instacart offers its shoppers free telehealth services; new mask policy Instacart is providing virtual COVID-19 screenings and medical consultations for its shoppers, and also enacting new mask regulations. Wolverine optimizes merchandising with predictive analytics A footwear/apparel retailer is obtaining near-real-time customer insight to aid product development, assortment, pricing and marketing. E-commerce sales jumped nearly 40% in second quarter, says U.S. Census Bureau The shift to e-commerce fueled by the COVID-19 pandemic shows no signs of losing momentum. On-Demand Webinar Replay: Retailers discuss how to drive cost-savings in FM Data and analytics are the keys to forecasting and controlling facilities management spend — both in the short- and long-term. Amazon Web Services streamlines personalized recommendations Amazon is leveraging machine learning (ML) to help retailers include completely new products and fresh content in their usual recommendations. Kohl’s Q2 profit plunges but beat estimates; planning ‘conservatively’ Kohl’s Corp. reported better-than-expected second-quarter results but offered a sobering assessment of the months ahead. First Previous 677 678 679 680 681 Next Last
