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RETAIL NEWS See all Retail News
Trump is going after Amazon the wrong way

President Donald Trump went after Amazon again on Wednesday with a stinging tweet about how the internet retailer is killing jobs and alluding to its unfair tax advantage over traditional retailers:...

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Walmart Is Preparing Its Employees For the Day When Robots Take Over

Walmart Store Inc.'s (WMT) store of the future may appear to be scarily devoid of employees. In reality, humans will still work there, but expect to see more robots. In addition to Walmart starting to use 16-foot automated towers to distribute online ord...

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On a chaotic day in DC, Trump goes after Amazon, again

President Donald Trump renewed his attacks on e-commerce giant Amazon, saying Wednesday that the company is "doing great damage to tax paying retailers." Trump, in a tweet, said that "towns, cities and states throughout the U.S. are being hurt - many jo...

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How Walmart Is Bolstering Its Grocery Business Ahead of the Amazon-Whole Foods Marriage

Walmart served up some especially good news on Thursday with its second-quarter results: Its grocery business is thriving again. The retailer—the largest grocer in the United States by far with annual sales of about $170 billion—said compar...

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Walmart's Online Sales Up 60% Giving Amazon A Good Run For The Money - Consumers To Benefit

It's nice to see a business doing well of course but that's not the important point to take away from Walmart's just announced results where online sales are up 60%. The important point we want to know about is who benefits from this? Sure, we can point t...

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Target Isn't Winning the Food Fight

If Target Corp. is hungry to keep its newfound momentum going, there's an obvious place it should look: the grocery aisle. A Turn of the Tide Target said this week that, in the latest quarter, comparable sales rose at all of its major departments -- exce...

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Target shares jump as shoppers return to stores, boosting sales

Target reported earnings, revenue and same-stores sales on Wednesday that topped analysts' expectations for the second quarter, fueled by a jump in online transactions. With more shoppers returning to its...

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Target shares jump as shoppers return to stores, boosting sales

Target reported earnings, revenue and same-stores sales on Wednesday that topped analysts' expectations for the second quarter, fueled by a jump in online transactions. With more shoppers returning to its brick-and-mortar stores and ringing up purchases ...

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Trump claims Amazon is causing "great damage"

President Donald Trump is again taking aim at one of his favorite targets: Amazon.com. In a Wednesday morning tweet, the president complained the online retailer is "is doing great damage to tax paying retailers. Towns, cities and states throughout the ...

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Germany's Aldi takes on Amazon in food delivery fight

Watch out Amazon! Germany's Aldi is stepping up the fight for a share of the U.S. grocery market with a new express delivery service. Aldi, which already operates nearly 1,700 stores in America, said it is partnering with San Francisco's Instacart to de...

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The battle between Walmart and Amazon moves into a surprising new arena

As the industry buzzes about Amazon's growing advertising power, its arch-rival is trying its best not to be outdone. Walmart is now quietly bulking up its own online ads business, according to a recent research note from KeyBanc analyst Ed Yruma. Where...

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Wal-Mart CEO says Trump missed 'critical opportunity' to bring America together

Add Wal-Mart's CEO to the list of executives speaking out against President Donald Trump's response, or lack thereof, to protests in Charlottesville, Virginia, over the weekend. On Tuesday, Chief Executive Doug McMillon issued a statement saying the pres...

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Target takes a step to compete with Amazon

Walmart (NYSE: WMT) and Target (NYSE: TGT) desperately want to catch up with Amazon's (NASDAQ: AMZN) ability to offer two-day delivery on millions of items available to members of its $99-a-year Prime program. Walmart invested $3.3 billion buying Jet.com ...

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Retail sales rebound in July to a yearly high

Shoppers turned out in force in July, driving retail sales to their largest gain since December 2016. Retail sales in July increased by 0.6% from June on a seasonally adjusted basis, triple the revised 0.2% growth seen in June, according to the Nationa...

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Amazon debuts ‘Instant Pickup Points’ in the U.S. for pickups in minutes

Amazon’s latest physical retail foray is called “Instant Pickup,” and it works as the name implies: Amazon shoppers can pick up orders for certain items within two minutes of making their purchase. The program is live at five college campuses including th...

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Home Depot Reports Highest Sales In Its History

If there is indeed a retail apocalypse underway, nobody told The Home Depot (hd, -0.85%). The home improvement chain said on Tuesday that comparable sales rose an astounding 6.6% in the United States in its most recent quarter, propelling the company to ...

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Dick's Sporting Goods shares crater on disappointing sales, poor outlook for 2017

Dick's Sporting Goods shares plummeted more than 17 percent in Tuesday's premarket after the sporting goods retailer missed Wall Street expectations and lowered its 2017 outlook. The Pittsburgh-based company had hoped to benefit from rivals' bankruptcies...

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Amazon, Google, and Facebook Just Launched 3 New Tools. Here's What You Need to Know

There's no summer vacation in Silicon Valley--or at least that's how a few major players are making it seem. Within the past couple of months, Amazon, Facebook, and Google have all introduced new consumer-facing features that have some real potential for ...

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Costco owes Tiffany more than $19 million for selling counterfeit rings

U.S. District Judge Laura Taylor Swain ruled on Monday that Tiffany (TIF) is entitled to $11.1 million in trebled profits -- triple the loss it incurred from Costco's actions -- plus interest, in addition to $8.25 million in punitive damages. Overall, Co...

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Target Hires Walmart, General Mills Execs to Help Retool Grocery Biz

Target (tgt, -1.27%) is taking another stab at re-inventing its large but uninspired grocery business. The discount chain said on Wednesday it had hired two new senior executives, one from Walmart (wmt, +0.16%) and the other from General Mills (gis, -0.0...

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