Consumers around the world spent $ 900 billion more on online retailers in 2020 compared to the previous two-year trend, according to a report released Tuesday by the Mastercard Economics Institute. Shoppers …
Read More »UBS predicts 80,000 stores will shut down by 2026
The location of a Jos. A. Bank in San Francisco announces its permanent closure on August 6. David Paul Morris / Bloomberg via Getty Images Although the pace of store closings has …
Read More »Target to invest $ 4 billion to accelerate new stores, expand supply chain
A person wearing a protective mask walks past a Target Corp. store at the Grossmont Center mall in La Mesa, California, U.S., on Thursday, Feb. 11, 2021. Bing Guan | Bloomberg | …
Read More »Gap To Invest $ 140 Million In Texas Warehouse As Online Sales Increase
A pedestrian walks past the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | fake images Gap said Wednesday it will invest $ 140 million to …
Read More »Online shipping costs are expected to rise further during the pandemic
An Amazon worker delivers packages amid the coronavirus disease (COVID-19) outbreak in Denver, Colorado, on April 22, 2020. Kevin Mohatt | Reuters Delivery costs have risen across the country and are expected …
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