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September 16, 2020
FedEx's profit jumps as residential deliveries soar
FedEx's profit jumped 67% in its latest quarter, as online shopping soared among customers avoiding stores and shipments ...
August 29, 2020
What does Walmart see in TikTok? Millions of young shoppers
Walmart may be the world's largest retailer but it has mostly failed in its efforts to break Amazon's online dominance.
August 28, 2020
After nearly 200 years, Lord & Taylor goes out of business
Lord & Taylor, one of the country's oldest department store chains, is going out of business after filing for bankruptcy ...
July 30, 2020
Record surge in daily shipping volumes for UPS in 2Q
The pandemic-fueled boom in online shopping shows no signs of slowing down, providing more business for delivery companies ...
July 08, 2020
COVID-19 vaccine candidates secure funds; Lysol gets EPA nod
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments ...
July 01, 2020
FedEx reports a loss, but revenue tops Street expectations
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street ...
June 23, 2020
Despite green pledges, Amazon’s carbon footprint grew 15%
Amazon said Tuesday that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the ...
June 19, 2020
JD.com racks up $38B in sales in annual online shopping fest
JD.com's annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of ...
May 16, 2020
US retail sales plunged a record 16% in April as virus hit
U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers ...
May 07, 2020
Nintendo marks profit jump as people stay home amid pandemic
Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games.
April 15, 2020
Commerce locks up and retail sales plunge unprecedented 8.7%
U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown ...
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