All North America articles – Page 5
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NewsEstée Lauder to axe 2,000 jobs as coronavirus hammers profits
Cosmetics giant Estée Lauder is cutting 2,000 jobs across the globe amid plans to close stores and department store beauty counters in the wake of the coronavirus crisis.
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NewsWalmart joins forces with Instacart to boost same-day delivery credentials
Walmart has joined forces with Instacart to offer same-day delivery in four US markets as it seeks to rival Amazon’s rapid fulfilment proposition.
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NewsKroger aims to take on Amazon with marketplace launch
Kroger, the biggest grocer in the US, is to launch its own online marketplace in a bid to compete with rivals such as Amazon and Walmart.
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NewsShopify sales surge to topple rival eBay for first time
Shopify has registered a surge in second-quarter sales as revenues raked in through its websites surpassed those of rival eBay for the first time.
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NewsWalmart to launch Amazon Prime-like subscription service this month
Walmart plans to launch its subscription service this month as it throws down the gauntlet to Amazon Prime.
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NewsWalmart partners with Shopify to expand marketplace proposition
Walmart has joined forces with ecommerce platform Shopify in a bid to broaden its marketplace proposition and capitalise on a surge in online shopping during the coronavirus pandemic.
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NewsBoohoo threatened with lawsuit over ‘sham Sales’
Online fashion powerhouse Boohoo is confronting the prospect of a $100m lawsuit in the US over claims that consumers were misled with ‘sham Sales’.
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NewsVictoria’s Secret takes axe to store estate
US lingerie giant Victoria’s Secret is to shut a quarter of its stores in its home market of North America following the collapse of sales hopes.
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NewsAsda sales jump during lockdown but profits dip
Asda has posted an increase in revenues during the first quarter of parent company Walmart’s financial year, driven by increased grocery sales during the coronavirus crisis.
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NewsJ Crew becomes first major coronavirus casualty in the US
J Crew has become the first major US retailer to file for bankruptcy protection since the coronavirus lockdown was enforced.
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NewsAmazon executive quits over coronavirus protest sackings
A senior Amazon executive has quit over the etail titan’s treatment of staff who protested against a lack of coronavirus safety measures in its warehouses.
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NewsAmazon first-quarter profits dip as it warns of $4bn coronavirus costs
Amazon has reported in a decline in first-quarter profits and warned that earnings in its second quarter will be completely wiped out by costs related to coronavirus.
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NewsCoronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
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NewsOcado opens first Sobeys warehouse as online grocery demand soars
Ocado has opened its first automated warehouse in North America as the online grocer-cum-technology provider presses ahead with progress on its overseas partnerships.
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NewsAmazon to hire 75,000 staff and stop accepting new online food customers
Amazon is to take on another 75,000 new staff and stop accepting orders from new online grocery customers in the US as it grapples with surging demand.
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NewsBoots profits slide as owner Walgreens cautions on coronavirus impact
Boots has suffered a slump in profit during the first half of its financial year, following a fall in sales and increased technology investments.
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NewsCoronavirus: Walmart creates 150,000 jobs, pays $550m bonus to stores
Walmart plans to hire 150,000 temporary workers and award its hourly paid staff special bonuses totalling $550m as it tackles the coronavirus crisis.
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OpinionOpinion: Retailers are the unsung heroes of the coronavirus crisis
For too long, retail has been cut a raw deal.
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NewsAmazon starts selling checkout-less tech to retail rivals
Amazon has started selling the technology behind its checkout-less Amazon Go stores to other retailers.
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NewsWalmart to take on Amazon Prime with subscription service launch
Walmart is preparing to launch a subscription service to rival Amazon Prime in the US.