Department store inventories were quite strong as they benefited from the reopening of the economy as foot traffic to stores rebounded strongly. Moreover, many of them have been able to increase their online sales and this part of their business is also in growth mode.   Before the pandemic, stocks at department stores were struggling. […]
Month: July 2021
Which department store stock is a better buy? By StockNews
© Reuters. Macy’s vs. Dillard’s: Which Department Store Stock is a Better Buy? Stocks of department stores Macy’s (M) and Dillard’s (DDS) posted very strong earnings. Both companies far exceeded expectations due to strong in-person and digital sales. Patrick Ryan wonders which is the best buy. Department store inventories have been quite strong as they […]
Why Costco (COST) is must-have retail store inventory
The strategy of selling products at discounted prices has helped players in the retail industry attract customers looking for value and convenience. Under the current circumstances, people from low to middle income groups have shown a preference for discount stores. In an effort to better compete with pure online retailers, industry players have strengthened the […]
Apple Authorizes Cannabis Delivery Services in the App Store
Cannabis delivery service apps are now allowed on the iPhone. Apple has adapted the App Store rules accordingly: Apple recently explicitly excluded “legal cannabis pharmacies” in addition to pharmacies still banned from narcotics or “controlled substances”. The small change in the corresponding passage, which is in passage 1.4 on personal injury, was implemented last month. […]
In-Store Services: Service Culture
Over the past year, however, retailers have had to modify their in-store services to support customers who have been shielded or unable to leave their homes. Some have partnered with local taxi companies, takeout companies and home delivery apps to ensure their customers can get everything they need without going to the store. Contactless purchasesAlthough […]