Online Sales: latest news, insights and analysis | ESM Magazine

Pandemic Shoots Up Costs For Costco, Profit Misses Estimates

Costco Wholesale Corp missed analysts' estimates for second-quarter profit, as the warehouse club operator spent more on employee benefits who worked...

Target To Spend $4bn A Year To Speed Up Delivery As Pandemic Spurs Online Gains

Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online busine...

Packaged Food Giants Push Direct Online Sales To Gauge Consumer Tastes

Packaged food giants including Kraft Heinz, General Mills and Kellogg are pushing sales of their products to consumers directly via their own online channe...

UK Retailers See Sharp Fall In Sales And Mounting Job Losses, CBI Says

British retail sales fell in the year to February as stores cut jobs at a rapid rate, with only supermarkets reporting any growth during the latest COVID-1...

German Retail Sales Rebound Before Partial Lockdown

German retail sales rebounded more than expected in October, suggesting consumers supported overall growth in Europe's largest economy before a partial loc...

Online Shopping Boosts Israel's Shufersal In Third Quarter

Shufersal, Israel's largest supermarket chain, reported a 76% increase in quarterly net profit, boosted by record revenue due to a jump in online shopping...

Target Sales Soar As Same-Day Delivery Powers Online Demand

Target Corp blew past Wall Street expectations for quarterly same-store sales on Wednesday as more Americans used the big-box retailer's quick delivery ser...

Loblaw's Results Beat Estimates As Online Sales Surge

Canadian retailer Loblaw Cos Ltd beat analysts' estimates for quarterly revenue and profit, boosted by online sales as stuck-at home consumers spend more o...