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Employee Retention
78% of CFOs Say Quiet Quitting is a Problem: Weekly Stat
Strategies around talent recruitment and retainment are a principal focus for CFOs, according to a new study by CFO.
By
Adam Zaki
| February 1, 2023
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e-commerce
Risk
Building a Case for Macy’s and Just Eat Takeaway’s Spinoffs
Macy’s e-commerce unit could fetch a handsome valuation as a standalone, and poorly performing Grubhub is dragging down JET's stock price.
By
Vincent Ryan
| October 26, 2021
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Corporate Finance
Flipkart Gets $3.6B to Invest in Indian E-Commerce
The largest-ever funding round for an Indian startup "reflects the promise of digital commerce in India."
By
Matthew Heller
| July 13, 2021
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Financial Performance
Visa Beats Estimates on Online Shopping Surge
“Our performance in the fiscal first quarter reflected solid results and continued positive momentum in a challenging COVID-19 environment."
By
Matthew Heller
| January 29, 2021
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IPOs
Poshmark Pops in Latest Big Market Debut
The online fashion reseller has benefited from a flood of demand as locked-down shoppers turn to e-commerce amid the coronavirus pandemic.
By
Matthew Heller
| January 15, 2021
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Risk & Compliance
EU Charges Amazon With Antitrust Violations
Regulators say Amazon illegally uses nonpublic data that it collects from sellers on its retail platform to boost sales of its own-label products.
By
Matthew Heller
| November 10, 2020
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Technology
PayPal Posts Record Sales on E-Commerce Boom
“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”
By
Matthew Heller
| November 3, 2020
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Financial Performance
Costco Posts 11.4% Same-Store Sales Increase
The big-box retailer continued to benefit from shoppers stocking up on everything from food to patio furniture.
By
Matthew Heller
| September 25, 2020
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Financial Performance
Michaels’ Sales Jump 11% on E-Commerce Push
The crafts retailer has enhanced and expanded omnichannel capabilities including curbside pick-up, same-day delivery, ship from store, and in-app purchases.
By
Matthew Heller
| September 3, 2020
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Financial Performance
Gap Blunts Covid Impact With E-Commerce Surge
"We nearly doubled our e-commerce business, with approximately 50% online penetration, demonstrating our ability to pivot to a digitally-led culture."
By
Matthew Heller
| August 28, 2020
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Technology
Shopify Rival BigCommerce Surges 292% On Debut After $216M IPO
Trading had to be halted due to volatility within three minutes of opening.
By
Lauren Muskett
| August 6, 2020
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Financial Performance
Visa Profit Drops 23% as Card Spending Slows
Payments volume improved as the third quarter progressed, reflecting the easing of shelter-in-place orders in the U.S.
By
Matthew Heller
| July 29, 2020
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Strategy
Nike to Cut Jobs As Part of Digital Sales Push
The footwear giant says the “strategic alignment” of its operating model will “create even greater focus and agility."
By
Matthew Heller
| July 22, 2020
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Credit & Capital
Muji Files Chapter 11, Plans Online Focus
The Japanese retailer's U.S. stores are in prime locations, leaving it struggling to make enough money to overcome expensive leases.
By
Matthew Heller
| July 13, 2020
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Financial Performance
Chewy Gets Boost From Stay-At-Home Orders
The online pet food company's 46% jump in Q1 sales reflects "the significant change that occurred in consumers’ shopping behavior as the pandemic spread."
By
Matthew Heller
| June 10, 2020
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Financial Performance
Dick’s Sporting Goods Takes 29% Sales Hit
“We believe coming out of the current crisis, health and fitness will become even more important to the consumer."
By
Matthew Heller
| June 2, 2020
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