Amazon’s value recently reached a new height, with increased stock prices making the retailer a $1 trillion company. The e-commerce giant is the second American company to achieve a $1 trillion value, hitting that milestone after Apple in August, The …
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Amazon Prime Day Breaks Records, Sells More Than 100M Products
For the fourth year in a row, Amazon broke records on its company-invented shopping holiday, Amazon Prime Day. Although the online shopping event was bugged by an early glitch that prevented shoppers from accessing the website, “shoppers spent an estimated …
Read More »Guessing Game Engages Customers in Massachusetts
Staff members at O’Connor True Value Hardware in Billerica, Massachusetts, were looking for a new way to engage with customers through Facebook when another local business, a butcher, got a big boost to its social media engagement with a contest. …
Read More »Big Boxes Turning to Task Automation
Across the retail landscape, more big boxes are relying on task automation to reduce labor expenditures and enable employees to interact directly with customers, The Wall Street Journal reports. Target says it plans to add cash-counting checkout machines to 500 …
Read More »Home Depot to Overhaul Supply Chain
Over the next five years, Home Depot will spend $1.2 billion to deliver products faster as customers’ expectations for delivery speeds shift, The Wall Street Journal reports. As part of its plan to reach 90 percent of the U.S. population …
Read More »Big Boxes Installing In-Store Pickup Options
Home Depot and Walmart have both recently installed in-store pickup options for online orders, USA Today reports. Customers who make online purchases from Home Depot can come to participating locations, unlock one of the pickup lockers and retrieve their merchandise …
Read More »Home Depot Invests in Property Maintenance Company Homee
Home Depot has partnered with a growth equity firm to invest $11 million in Homee, an on-demand property maintenance company, the Tampa Business Journal reports. Homee, based in Tampa, Florida, launched in July 2016 and “uses GPS-enabled smartphone technology to link …
Read More »Dollar General Pilots App for Mobile Checkout
Customers at Dollar General stores in Nashville, Tennessee, can now pay for items directly through their smartphones, company CEO Todd Vasos announced in a May earnings call. Vasos says the app launched in May and will soon expand to include …
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