Kohl's Corp on Thursday warned of a hit to its full-year profit margin from higher labor and shipping costs as well as selling fewer products at full-price due to intensifying competition as the economy reopens.
Walmart Marketplace grew to an estimated 70,000 sellers in 2020, fueled by a surge in online shopping due to Covid-19 and a series of investments in technology and vendor relationships reported here for the first time.
Target Corp holiday season sales jumped as Americans ordered everything from home goods, toys and groceries online, helping the company exceed Wall Street expectations with an 118% surge in digital sales for the quarter.
With Covid-19 disrupting traditional brick-and-mortar retail, e-commerce saw a boom in 2020. But according to a new report from Searchmetrics, fashion retailers lagged behind in terms of online search visibility.
The American retail giant has announced a series of changes to its executive leadership team, including the appointment of Christina Hennington to the newly created role of VP and chief growth officer.