Retail TouchPoints

MAY 29, 2020

Q1 2020 financial results for Costco , Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel — are weathering the COVID-19 pandemic. sales increase for Q1 2020, largely fueled by a 66.1% Costco posted a 7.3% jump in e-Commerce sales.

Department Stores

Inside Retail

APRIL 28, 2022

The company’s expenses swelled as it offered higher pay to attract workers. A fulfillment center in New York City voted to create Amazon’s first US union, a result the retailer is contesting. That means Amazon needs to fulfill more orders to justify the space, said Scott Mushkin, founder of research firm R5 Capital.

Fulfillment

Retail TouchPoints

JUNE 12, 2020

during Q1 2020, and unlike many other retailers that made up some of the difference with e-Commerce growth, its online sales, including rentals, fell 31.9%. However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. The retailer posted a sales drop of 60.4% in February.

Payment Services