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Monday, February 24, 2020
Wells Fargo, the world’s fourth-largest bank and financial services firm, is anticipating a weaker than average holiday shopping season in the coming months. This, despite retailers’ expectations that the fourth quarter will bring brisk business as usual. Ike Boruchow, a senior analyst at Wells...
It’s projected that Walmart will experience a loss of more than $1 billion for its e-commerce division. Though the giant retailer has made moves to compete with Amazon, its efforts have floundered, leading to huge losses. Walmart has invested billions in its domestic e-commerce...
The largest global retailer is stepping up its game. Walmart will now offer its online customers one-day shipping. The move likely comes as Amazon announced its own one-day delivery plan for Amazon Prime members. Walmart announced its new delivery option in an online post,...