Retailing

Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2020 Operating Results

Thursday, September 24, 2020 - 9:15pm

Net income for the fourth quarter was $1.389 billion, or $3.13 per diluted share, compared to $1.097 billion, or $2.47 per diluted share last year.

Key Points: 
  • Net income for the fourth quarter was $1.389 billion, or $3.13 per diluted share, compared to $1.097 billion, or $2.47 per diluted share last year.
  • Net income for the fiscal year was $4.00 billion, or $9.02 per diluted share, compared to $3.66 billion, or $8.26 per diluted share in the prior year.
  • Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.
  • Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements.

Globus Maritime Announces Results of Annual Meeting of Shareholders

Thursday, September 24, 2020 - 9:05pm

GLYFADA, Greece, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Globus Maritime Limited (Globus or the Company), (NASDAQ: GLBS), a dry bulk shipping company, announced the results of its annual meeting of shareholders, held earlier today in Glyfada, Greece.

Key Points: 
  • GLYFADA, Greece, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Globus Maritime Limited (Globus or the Company), (NASDAQ: GLBS), a dry bulk shipping company, announced the results of its annual meeting of shareholders, held earlier today in Glyfada, Greece.
  • Globus subsidiaries own and operate five vessels with a total carrying capacity of 300,571 Dwt and a weighted average age of 12.3 years as of June 30, 2020.
  • Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication.
  • You should, however, review the factors and risks Globus describes in the reports it files from time to time with the Securities and Exchange Commission.

Rising Tide: The Rapid Growth of E-Commerce Logistics, 3PL Solutions, Last-Mile Delivery, and the Dominance of Amazon

Thursday, September 24, 2020 - 7:34pm

The segment grew at a 14.6% Compound Annual Growth Rate (CAGR) from 2015 through 2019 and shows no sign of slowing.

Key Points: 
  • The segment grew at a 14.6% Compound Annual Growth Rate (CAGR) from 2015 through 2019 and shows no sign of slowing.
  • Growing e-commerce sales are driving up U.S. ecommerce logistics costs with a 19.9% CAGR expected through 2020.
  • With its dominant position, Amazon's operations boast an estimated 60% market share of the U.S. E-Commerce 3PL Market segment.
  • "Rising Tide: The Rapid Growth of E-Commerce Logistics, 3PL Solutions, Last-Mile Delivery, and the Dominance of Amazon"and other 3PL market research can be purchased at www.3plogistics.com/product-category/guides-market-research-reports/mark... .

 Amazon, Walmart, Wegmans Among Companies Hiring for Thousands of Jobs at FCEDA Oct. 8 Virtual Career Fair

Thursday, September 24, 2020 - 4:30pm

Amazon, Walmart and Wegmans are among more than 20 companies in Northern Virginia that will be seeking candidates for thousands of open positions at the October 8 Hiring and Reskilling Virtual Career Fair.

Key Points: 
  • Amazon, Walmart and Wegmans are among more than 20 companies in Northern Virginia that will be seeking candidates for thousands of open positions at the October 8 Hiring and Reskilling Virtual Career Fair.
  • The FCEDA is proud to present the Hiring and Reskilling Virtual Career Fair, said Victor Hoskins, president and CEO of the FCEDA.
  • We thank the companies that will be interviewing candidates at the fair and the organizations that offer reskilling and upskilling programs.
  • The virtual career fair is part of an FCEDA talent initiative funded by Fairfax County to attract, retain, grow and retrain workers.

Target Introduces New Approach to Holiday Staffing to Prioritize Safety and Convenience

Thursday, September 24, 2020 - 4:00pm

During the first half of fiscal 2020, more than 10 million new guests shopped Target.com and demand for same-day fulfillment options quadrupled.

Key Points: 
  • During the first half of fiscal 2020, more than 10 million new guests shopped Target.com and demand for same-day fulfillment options quadrupled.
  • Target's distribution centers will send more inventory to stores than ever before to ensure Target has the most in-demand items.
  • As a result, Target will hire more full-time and seasonal warehouse team members across the country than last year.
  • In total, nearly 40% of seasonal hires typically remain with Target following the holiday season.

REI Co-op achieves 14-year carbon neutrality commitment, announces ambitious new climate platform

Thursday, September 24, 2020 - 3:30pm

"The climate crisis is the greatest threat to the future of life outdoors and to REI's business.

Key Points: 
  • "The climate crisis is the greatest threat to the future of life outdoors and to REI's business.
  • The world must halve its greenhouse gasses emissions by 2030, so that's where REI and the broader outdoor community must lead," said REI Co-op President and CEO Eric Artz.
  • For more than 80 years, REI has focused its impact work at the intersection of people and planet.
  • And the co-op has published a new advocacy platform outlining its climate policy priorities for 2021 and beyond.

Metro's Chiko Nanji Named Honorary Chair of La Grande Tablée Toronto 2020

Thursday, September 24, 2020 - 2:19pm

TORONTO, Sept. 24, 2020 /PRNewswire/ -Metro Supply Chain Group ("Metro") is pleased to announce that under the honorary chairmanship of Metro CEO, Chiko Nanji, La Table des Chefs annual epicurean event in Canada is back with an innovative twist.

Key Points: 
  • TORONTO, Sept. 24, 2020 /PRNewswire/ -Metro Supply Chain Group ("Metro") is pleased to announce that under the honorary chairmanship of Metro CEO, Chiko Nanji, La Table des Chefs annual epicurean event in Canada is back with an innovative twist.
  • This year, to honour the importance of physical distancing, La Grande Table , is going virtual.
  • For more information and to purchase tickets, please visit La Grande Table .
  • La Table des Chefs founder, Jean-Franois Archambault, expressed his gratitude for the continued support of the Nanji family.

605 Signs Measurement and Analytics Deal with Walmart

Thursday, September 24, 2020 - 2:25pm

605, a leading television measurement, attribution and analytics company, today announced that it has signed an agreement with Walmart Inc. (NYSE: WMT), one of the worlds leading retail and ecommerce companies, to provide television advertising insights via 605 PLATF0RM, a next-generation TV measurement and audience analytics platform for national television networks, advertisers and agencies.

Key Points: 
  • 605, a leading television measurement, attribution and analytics company, today announced that it has signed an agreement with Walmart Inc. (NYSE: WMT), one of the worlds leading retail and ecommerce companies, to provide television advertising insights via 605 PLATF0RM, a next-generation TV measurement and audience analytics platform for national television networks, advertisers and agencies.
  • 605 has been an outstanding collaborator with Walmart and their data and analytics solutions have proven very effective at helping achieve new insights and measurement capabilities on our investments in television advertising, said Tom Tang, VP of Marketing Analytics at Walmart.
  • 605 PLATF0RM is a web-based application that enables advanced measurement and analysis of TV programs and advertisements across linear, over-the-air, DVR and set-top box VOD.
  • 605 PLATF0RM is currently used by wide range of brands, agencies and programmers, including Discovery and AMC Networks, for advanced TV planning, measurement and analytics.

Instacart and Sephora Partner to Launch Same-day Delivery Across North America

Thursday, September 24, 2020 - 2:01pm

SAN FRANCISCO, Sept. 24, 2020 /PRNewswire/ --Instacart, the North American leader in grocery delivery, and Sephora, the largest prestige beauty omni-retailer, today announced a new partnership to offer same-day delivery in as fast as an hour from nearly all Sephora store locations across North America.

Key Points: 
  • SAN FRANCISCO, Sept. 24, 2020 /PRNewswire/ --Instacart, the North American leader in grocery delivery, and Sephora, the largest prestige beauty omni-retailer, today announced a new partnership to offer same-day delivery in as fast as an hour from nearly all Sephora store locations across North America.
  • Sephora same-day delivery powered by Instacart is now available in select store locations in California and Canada and will expand to more than 400 stores over the coming weeks.
  • "Today, we're excited to welcome Sephora to Instacart, delivering more selection to customers looking for a seamless, same-day shopping experience from their favorite beauty retailer.
  • Instacart is the North American leader in grocery delivery and one of the fastest-growing companies in ecommerce.

Family Dollar and Dollar Tree Celebrate Raising $2 Million for Boys & Girls Clubs of America

Thursday, September 24, 2020 - 1:52pm

Family Dollar and Dollar Tree were able to increase their annual giving to Boys & Girls Clubs of America to $2 million in 2020 thanks to purchases and donations from customers, along with donations from vendors, associates and the Company.

Key Points: 
  • Family Dollar and Dollar Tree were able to increase their annual giving to Boys & Girls Clubs of America to $2 million in 2020 thanks to purchases and donations from customers, along with donations from vendors, associates and the Company.
  • "We are so thankful to have Dollar Tree, Family Dollar, and The Coca-Cola Company as dedicated partners to our mission.
  • "Thank you to Dollar Tree, Family Dollar, and The Coca-Cola Company for providing much needed support for kids in our community.
  • Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.