The online furniture seller has booked its second consecutive quarterly profit after straight quarterly losses ever since its 2014 market debut.
When the coronavirus changed customers buying habits overnight, Kroger, the nations largest grocer, wasnt as ready as some competitors, despite having invested hundreds of millions of dollars in technology to give it a digital edge.
Walmart is trying again to build a membership program that can rival Amazon Prime, the Amazon.com service with more than 150 million members.
Gap has managed to almost double its e-commerce revenue. What hasnt changed is the lagging performance at its namesake brand and Banana Republic.
Retailers more than ever are leaning on cloud computing to capitalize on a surge in online shopping without overloading their information-technology systems.
Online sales are expected to break records this year as consumers avoid in-person browsing, a shift expected to outlast the pandemic.