Retail News

Crude oil is cheaper than most items on a McDonald’s dollar menu. Airlines are flying empty planes in order to maintain hanger privileges. And now people are starting to realize that hoarding toilet paper may not have been such a good idea since the stores keep managing to stock shelves on a daily basis. However, as we hit month two of a nation under lockdown, we as a nation might soon begin to encounter the true impact of this pandemic as supply lines and providers worry of a potential food shortage coming to a neighborhood near you in the near future.

Dell Releases A Refreshed Version Of Their XPS 15 Touchscreen Notebook, Plus A New XPS 17" Model.

Nintendo just recently halted all shipments of both the Switch and Switch Lite in Japan. According to a report from Nikkei, they just can’t keep up with the demand for the console, which is steadily growing due to the Coronavirus and the fact that everyone is staying home to play games. Of course, COVID-19 is also making it much more difficult to manufacture Switches, so the core of the problem lies there.

Ever get the feeling you’re being watched? Usually it’s a person, keeping an eye out, to make sure goods aren’t being shoplifted. Walmart has gotten ahead of the curve though and is already employing artificial intelligence to take care of this problem for them. Over 1,000 Walmart stores have AI using their cameras to ensure that every item in a person’s bag or buggy is paid for before they step out the door.

Back on Aug. 25, Target CEO Brian Cornell and Chairman of Disney Parks Bob Chapek announced the partnership at the D23 Expo in Anaheim,...

Now, shoppers can create a voice order to add items to their cart through Siri. The Siri Shortcut for Online Grocery allows customers with iOS devices to ask digital voice assistant Siri to add items to their cart by saying “Add to Walmart.” The new feature works for iPhone, iPad, Apple Watch, Mac, HomePod or CarPlay.

The tragic shootings of last weekend made a profound impact on the country, raising many questions, giving rise to many fears, and reigniting the controversy regarding video games and their link to acts of violence. While the research and statistics claim otherwise, many still cast the blame on video games when it comes to mass shootings; even when the shooters themselves claim completely different motives.

With the recent health crisis originating in Wuhan, China, now spreading across the world as a global health epidemic has been declared by the World Health Organization (WHO), residents in the United States are taking extra precautions to avoid catching this deadly virus. One immediate outcome as a result of Coronavirus hysteria has been stores throughout the nation reporting that they are running out of simple protective masks.

As more and more industries become digitized and customers look for better, less expensive options to deal with everyday problems, one game changer, Zenni Optical, celebrates its 16th birthday and as the company says, “it’s 15th year of disrupting the eyewear industry-controlled pricing.”

The World Health Organization called it a global pandemic, China isn’t being very open about where it may have actually came from, and to make matters so much worse, media spins and stock market dumps have everyone wondering whether the effects of the Coronavirus will have deep, long term effects on the global market in general (especially since China is the global hub of most of the world’s manufacturing).

After Amazon acquired Whole Foods, the company has been promoting its products and services as well as deals available through Amazon Prime. Recently, Amazon got Whole Foods Market experts to predict some new food trends coming up for the new decade. The experts include a range of Whole Foods team members, buyers for Whole Foods, and others. As the world moves into 2020, here’s some of the food trends Whole Foods predicts will take hold of consumers.

Huge cuts made within GameStop Corporation have affected approximately 14% of the associate base at the company’s headquarters, as well as many of its subsidiaries, such as Game Informer. GameStop Corporation is the parent company of both video game retail chain GameStop and video game magazine Game Informer. Recently, they laid off over 120 of their employees, which constitutes the aforementioned 14% of their associate base at both their headquarters and some of their other offices.

GameStop has claimed that it will close down more than 300 stores this year. However, the game retailer made sure to note that this has nothing to do with COVID-19: this plan was in motion before the pandemic. This announcement was made by Chief Financial Officer Jim Bell during the most recent fiscal earnings call.

Walmart, the Bentonville, Arkansas-based grocery chain announced online that customers could choose from a variety of wine and beers — in accordance with state and local regulations — and pick them up with no hassle.

If you’ve been keeping up with the Nintendo Switch situation, then you probably know that finding one over the past few months has been quite an ordeal. With the pandemic going on, people starting staying home far more than they were used to, and the boredom of such a thing set in quite quickly. Just like that, folks were looking for new ways to entertain themselves, and so the Nintendo Switch became absurdly popular very quickly. In no time at all, it was almost impossible to find the console at any storefront, and the ones you could find online were generally sold at exorbitant prices.

Among the recent trends of facemasks, people hoarding toilet paper, and the social distancing we’ve all had to embrace as of late, one thing you may have noticed online are the strange amount of advertisements for hand sanitizer, or maybe the lack of them appearing on the most popular social media platform in the world- Facebook.

The brand launched this exclusive brand two years ago, which made men’s apparel and accessories. The brand’s popularity quickly rose and it’s expected to...

In the days after workers at its Shakopee, Minnesota facility announced it would strike during Amazon Prime Day, the statement hits back at those who’ve criticized its practices.

This week, at least 25 physical retail stores for Apple will be reopened. Head of Retail, Deidre O’Brien, released a letter on the company’s website, which covers the details of how Apple plans to safely reopen their stores. Back in March, Apple closed down all of its physical stores outside of those in Greater China. Most Chinese stores have reopened already, though Apple is still in the process of laying out their plan for opening others in other areas.

Bankruptcy is never fun, but filing Chapter 11 bankruptcy for a company is a different type of financial and emotional strain, one that the retail chain Pier 1 is about to learn all too well. On February 17th, it became official that Pier 1, a home furnishing retailer with it’s headquarters located in Fort Worth, Texas, issued a press release to Business Insider that they will be “pursuing a ‘orderly sale process’ by filing for Chapter 11 bankruptcy.”