Walgreen Stores in Lexington Park, MD. Source: Walgreens Walgreens has rolled out a new kind of store that shrinks down its square footage and focuses on the pharmacy. Expect to see fewer front-of-store items, a slimmed down selection of over-the-counter medications and an emphasis on relationships between pharmacists and customers. It has opened more than
Dive Brief: Nike revenue declined 38% in the fourth quarter, falling to $6.3 billion, according to a company press release. The retailer swung to a loss of $790 million, from income of $989 million the year before. That represented a 180% decline. While revenues in Greater China were only down 3%, North America was down
SME’s have been the most affected by this COVID pandemic and as specific segment retail is the worst one. Profitability, liquidity, inefficiencies and visibility are the pain points of SMEs through its business journey and, the single answer to these issues is a strong, agile, sophisticated and automated digital backbone. What is meant by a
Coronavirus round-up: Forrester predictions on global sales, Co-op Central England, Intu and as small businesses move online fast
We’re reporting on the effect of the Covid-19 coronavirus pandemic on the way UK shoppers buy – and on how retailers are responding to that changing behaviour. This update comes as, as of 9am on April 30, 171,253 people have tested positive for coronavirus and 26,771 people have died following a positive Covid-19 test result.
BENGALURU: Amazon has slashed its marketplace fees by 50% till June for merchants who sold goods worth Rs 10,000 or less before the virus outbreak in India. The Seattle-based online retail major will also give merchants an additional incentive of Rs 35 per unit of essential items like hand santisers and masks they sell through
BENGALURU: Surat-based Aarti Sharma (name changed), who sells garments through a social media platform and typically earns Rs 10,000 on average each month, has not shipped any order in the last three weeks. “I have goods worth Rs 8,000 stuck in transit. I couldn’t make my loan payment for the first time in three years,”