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Retail 2020-09-25T20:06:00Z
walmart drone

Early Walmart drone program pilots will deliver groceries and COVID-19 tests to customers. Here's everything you need to know about the retailer's delivery trials.

Walmart is teaming up with DroneUp, Flytrex, and Zipline for a series of delivery tests in Arkansas, Nevada, New York, and North Carolina.
Premium Retail 2020-09-25T18:38:18Z
costco app

Costco keeps smashing sales expectations during COVID-19 despite being 'stubborn' on digital. Here's why analysts approve of the big-box store's slower approach.

Costco is new to delivery and has shunned curbside pick up. Analysts and CFO Richard Galanti say its e-commerce strategy is on point.
Retail 2020-09-25T15:27:04Z
Yandy

Infamous Halloween costume maker Yandy says that it won't make a 'sexy COVID' costume, but promises more racy 2020-inspired costumes are on the way

"I don't think there's anything sexy about" COVID, Yandy's vice president of merchandising told Business Insider.
Retail 2020-09-25T21:49:00Z

24 of the weirdest and most unique McDonald's restaurants in the world

These McDonald's restaurants are found in the homes of past world leaders, the interiors of planes, and even in colonial-era mansions.
Premium Retail 2020-09-25T21:36:25Z

Brands are hiring Animal Crossing players to help them sneak into the digital world, launch products, and create custom in-game experiences

Influencer and Animal Crossing fan Claire Marshall used her game expertise to help beauty brand Tatcha build its own branded island in the game.
Premium Premium 2020-09-25T19:04:00Z

[SLIDE DECK] Six Figure Side Hustles 2020

Whether you're doing it to pay off student loans or pursue an unfulfilled passion, you may be able to turn your side hustle into a high-paying career.
Retail 2020-09-25T18:43:34Z

New York City makes outdoor dining permanent in a major win for restaurants as they brace for a slow winter

Restaurants now face the challenge of making al fresco dining appealing in below-freezing temperatures.
Retail 2020-09-25T17:35:07Z

Fast fashion giant Boohoo ignored red flags over working conditions among suppliers and often has 'no idea where its clothes are being made,' an independent review found

The review said allegations about poor working conditions and low pay were "substantially true," but there was no evidence Boohoo broke the law.
Retail 2020-09-25T17:28:08Z

Insider Retail: Whole Foods and Amazon workers battle in grocery stores, Everlast launches streaming service, and McDonald's All-Day Breakfast might be gone forever

Tensions between workers in Whole Foods stores, sneaker bots, All Day Breakfast, and everything else you need to know.
Premium Media 2020-09-25T15:53:00Z

New data reveals the 5 top-performing skincare brands on social media in the last year, as a new generation of influencers on platforms like TikTok gravitates toward affordable brands

A new report from Traackr reveals how skincare became one of the top trends of 2020 and how brands have used social media.
Premium Retail 2020-09-25T13:44:17Z

Inside the exclusive world of 'clienteling,' where VVIPs get first pick on discounts and retailers like Bergdorf Goodman and Saks get to unload their overstock to premium customers

Offering exclusive discounts to premium customers drives loyalty. Some companies are even providing software to help retailers streamline clienteling.
Retail 2020-09-25T13:29:00Z

Retailers are partnering with solutions providers to offer better contactless experiences

Major retailers are embracing technologies that allow them to offer and improve contactless experiences in the wake of the pandemic.
Retail 2020-09-25T11:15:40Z

Costco is thriving during the coronavirus pandemic: It just posted a $14 billion jump in annual sales

Costco's revenues were $167 billion in the year to August — up almost 10% on the previous year, after its online sales soared during the pandemic.
Retail 2020-09-25T10:25:40Z

UK supermarkets Tesco and Morrisons are rationing toilet paper and hand sanitizer as fears of panic buying return. One worker said their store was 'worse than a bad Christmas.'

Morrisons and Tesco imposed three-per-person product on staple goods after Prime Minister Boris Johnson announced stricter lockdown measures.
Premium Enterprise 2020-09-24T20:57:17Z
Premium Tech 2020-09-24T19:36:36Z

Amazon hired the former privacy chief of Yahoo and Slack for its 'Alexa Trust' team, as it looks to tighten user privacy for its voice assistant

Toth is a high-profile hire for Amazon, which has been hampered by a series of privacy issues over its Alexa voice assistant in recent years.
Retail 2020-09-24T19:35:43Z

Booking Holdings CEO Glenn Fogel dishes on his personal battle with COVID-19 and steering the travel company through a global pandemic

Booking Holdings CEO Glenn Fogel tested positive for COVID-19 in March. His company has also suffered because of the coronavirus, as people travel less.
Premium Retail 2020-09-24T19:29:07Z

Former PepsiCo and General Mills employees just launched a new program aimed at lifting up minorities in the overwhelmingly white consumer goods and food industry

Project Potluck is trying to connect people of color in the consumer goods industry. Its founders have worked at PepsiCo and General Mills.
Retail 2020-09-24T18:00:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
Retail 2020-09-24T17:50:51Z

Costco yanks Palmetto Cheese brand from store shelves after owner calls the Black Lives Matter movement a 'terrorist organization'

Palmetto Cheese's founder and owner said the Black Lives Matter and Antifa movements "must be treated like the terror organizations they are."
Retail 2020-09-24T17:22:36Z

Chuck E. Cheese is plotting an animated TV show and a live-action movie starring its mouse mascot

Chuck E. Cheese has just launched an entertainment division, CEO David McKillips said in a recent interview with Business Insider.
Retail 2020-09-24T16:30:43Z

Olive Garden's Times Square restaurant is burning through $300,000 every week, as New York City restaurants await the return of indoor dining

Pre-pandemic, Olive Garden's Times Square restaurant was the chain's best-preforming location in the US, bringing in $15 million a year.
Premium Advertising 2020-09-24T16:25:00Z

The retail ad platforms best positioned to take on Amazon as e-commerce heats up, according to ad insiders

Walmart has the best data operation while Instacart caters to emerging brands and CVS could take advantage of the OTC space, execs say.
Premium Retail 2020-09-24T15:40:08Z

The pandemic became personal when Booking Holdings' CEO caught COVID-19. Now, he's taking on Airbnb and calling on the government to save a battered travel industry.

Business Insider spoke to Booking Holdings CEO Glenn Fogel about what's next for a travel industry that's been hit hard by the coronavirus pandemic.
Retail 2020-09-24T15:36:07Z

Uncle Ben's faced criticism for racial stereotyping. Now the rice brand, owned by Mars, has revealed its new name.

Packaging with the new Ben's Original name and logo will hit stores from 2021, after the Mars-owned brand faced criticism over racial stereotyping.
Premium Retail 2020-09-24T15:14:35Z
Premium Retail 2020-09-24T14:57:00Z

'It's like being in a sci-fi nightmare film': Whole Foods employees say Amazon workers are crowding stores, ignoring virus protocols, and hounding them for help as online orders surge

One Whole Foods store is so busy with Prime orders that it has workers packing and storing groceries in a nearby parking garage, an employee said.
Retail 2020-09-24T13:17:00Z

Amazon's Prime Day is reportedly set for October 13–14, serving as a lead-in to its holiday season

Amazon's Prime Day is set for October 13–14 after being delayed due to the pandemic, serving as a key lead-in to the etailer's holiday season.
Retail 2020-09-24T12:27:53Z

A bottled water entrepreneur with a nearly $60 billion fortune has replaced Alibaba's Jack Ma as China's richest person

Zhong Shanshan owns China's largest bottled water company as well as a company that makes COVID-19 testing kits and hepatitis vaccines.
Politics 2020-09-24T10:51:15Z

China's university cheats could lose access to mortgages and fast internet under plans to expand Beijing's 'Orwellian' behavior rating system

The country plans to include cheating at university in its social credit system which determines access to transport, mortgages, and even promotions.
Retail 2020-09-24T06:00:00Z

THE IN-STORE CHECKOUT REVOLUTION: How payments companies can take advantage of a $21 billion opportunity

Business Insider Intelligence forecasts the expansion of autonomous checkout stores and their payments volume over the next five years.
Retail 2020-09-23T20:02:00Z

These 33 retailers and restaurant companies have filed for bankruptcy or liquidation in 2020

Neiman Marcus, JCPenney, and California Pizza Kitchen are among those that have filed for bankruptcy so far this year.
Retail 2020-09-23T20:00:00Z

Sporting goods retailer Everlast is launching a new streaming fitness service to capitalize on the at-home fitness boom

The subscription-based program is expected to launch in February 2021, and follows Apple's entry into fitness streaming in September.
Science 2020-09-23T18:30:00Z

Why insulin is so expensive

The price of insulin has increased dramatically in the past 15 years. Many Type 1 diabetics have struggled to pay for this lifesaving drug.
Premium Retail 2020-09-23T17:44:56Z

Chuck E. Cheese CEO reveals how the company is navigating 'the most difficult time' in its history and how the dinnertainment chain will change post-pandemic

Business Insider spoke to Chuck E. Cheese CEO David McKillips about the chain's tussle with bankruptcy and response to the coronavirus pandemic.
Retail 2020-09-23T17:31:22Z

'Amazon Rooms' designed to store and decontaminate packages are the new amenity reportedly being requested by the wealthy in Hollywood

As homeowners look for more space, amenities like Amazon Rooms are gaining popularity alongside more common ones like home offices and pools.
Retail 2020-09-23T17:20:31Z

Echelon's CEO speaks out on the Amazon 'Prime Bike' confusion, saying it was a 'complete surprise' that Amazon distanced itself from the $500 equipment

Echelon CEO Lou Lentine told Business Insider that Amazon had specifically requested Echelon make the bike. Amazon denied a formal partnership.
Premium Retail 2020-09-23T17:06:00Z

Bankrupt Pizza Hut megafranchisee says it should be able to sell its 900 locations to rivals like Domino's or Papa John's, in a potentially massive blow to the chain

The Pizza Hut megafranchisee NPC International says it should be able to sell its 900 locations to anyone it wants — including rivals like Domino's.
Retail 2020-09-23T15:45:10Z

India's biggest retailer Reliance Retail is now valued at $57 billion, following a fresh investment from KKR

US private equity firm KKR will invest $755 million in Reliance Retail, owned by India's biggest company Reliance Industries, for a 1.2% stake.
Retail 2020-09-23T15:35:47Z

Sneaker resale platform GOAT raises $100 million, hits $1.75 billion valuation, sources say

The platform's latest funding round pushes GOAT to unicorn status, a source familiar with the deal said.
Executive Lifestyle 2020-09-23T15:17:00Z

Meet the CEO behind the company that owns the rights to all your favorite bankrupt brands and dead celebrities, from Forever 21 to Marilyn Monroe

Authentic Brands Group CEO Jamie Salter has spent the coronavirus pandemic buying up the rights to struggling retailers.
Politics 2020-09-23T13:45:59Z

Auditors hired by Western firms to make sure their products aren't being made from forced Uighur labor in China now say they won't carry out the checks

Five auditing groups told The Wall Street Journal that they won't do inspections in Xinjiang, China.
Retail 2020-09-23T13:25:00Z

McDonald's All Day Breakfast might have disappeared forever, as workers and franchisees rally against the beloved menu

2020 may have killed McDonald's All Day Breakfast. Customers are upset — but some franchisees and workers are celebrating.
Retail 2020-09-23T13:21:57Z

Burger King is selling a shocking amount of food for just $2 with its Snack Box deal

The Snack Box includes 10 chicken nuggets, a medium fries, a cheeseburger, and a small soft drink for $2.
Retail 2020-09-23T13:03:00Z

Amazon's products and operations are drawing new concerns

Some of Amazon's private-label goods reportedly pose safety issues and a few of its employees allegedly engaged in corrupt activities.
Retail 2020-09-23T12:28:11Z

Nike shares hit a record high after the company reported an 82% jump in online sales

Nike's sales in some regions have recovered to pre-pandemic levels. CEO John Donahoe said online shopping was the "new normal."
Retail 2020-09-23T10:32:27Z

Amazon says Echelon's $500 'Prime Bike' has nothing to do with Prime at all, and cancels all sales

Amazon removed Echelon's $500 "Prime Bike" only hours after it went on sale, saying it is "not an Amazon product or related to Amazon Prime."
Retail 2020-09-23T09:36:43Z

'Rogue' Shopify employees may have stolen customer data from 200 merchants

Shopify confirmed that customers' names, contact information, and order details from 200 merchants may have been exposed.
Politics 2020-09-23T04:27:37Z

Trump makes bizarre claim that protesters are throwing cans of Goya Foods products and Bumble Bee tuna fish

At his rally, Trump also praised violence against journalists, reiterated false election fraud claims, and leveled an attack against Rep. Ilhan Omar.
Retail 2020-09-23T04:01:00Z

Walmart is prepping for the holidays by hiring an army of 20,000 seasonal workers to meet surging online demand

Walmart is shifting its holiday strategy to bolster its online capabilities and holiday offerings pertinent to the coronavirus pandemic.
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