Amazon has considered acquiring some soon-to-be-empty Toys R Us stores to expand its own brick-and-mortar retail concepts, sources said. The company's physical retail operations include bookstores, a convenience store concept and the 450 Whole Foods Market locations it acquired last year.
FedEx will open office locations in 500 Walmart stores nationwide by 2020 following a 47-store test that spanned six states, the company said Tuesday. Customers will be able to pack and ship parcels from the Walmart locations, as well as have packages sent to the locations for holding for up to five business days.
IBM has developed a tiny computer that is smaller than a grain of salt and as powerful as an x86 chip. The device costs less than 10 cents to manufacture, positioning it for widespread use as a blockchain data source, in shipment tracking and for other applications.
Two months after opening its Amazon Go concept store in Seattle, Amazon is reporting that the location is seeing many repeat customers, proving its popularity among consumers on the go. Popular items in the store include chicken sandwiches, fresh fruit and meal kits, Amazon Vice President Gianna Puerini said.
Toys R Us has heard from several potential buyers for the chain's Canadian operations, and an auction for its 82 stores there has been set for March 29, according to documents filed in US Bankruptcy Court. If there's a winning buyer, the deal would close by April 16.
Amazon has opened six new fulfillment centers in India and created 25 delivery stations to handle furniture and large appliances, the company said. The expansion gives Amazon India 15 full-line fulfillment centers and the ability to serve customers in more than 400 cities.
Walmart will offer furniture assembly and TV installation services from 2,000 US stores through home services app Handy, after testing the feature in Atlanta. The move comes as others including IKEA and Amazon add more in-home services.
Falling mall traffic forced Claire's decision to file for bankruptcy protection, the retailer said in its Monday bankruptcy filing. Nearly all major US malls have a Claire's store, and the lion's share of the teen accessories retailer's 7,500 stores are in malls.
Magic Leap is providing a preview of its SDK and creator portal to enable developers to work on the spatial computing needed to create content for augmented reality. The company has raised about $2.3 billion in the development of its augmented reality glasses.
Splat Hair Color has introduced two new temporary hair colors called Splat 1 Wash and Splat 10 Wash, No Bleach. The new coloring products will be promoted in a campaign called "Your Life, Your Color."
- Page 1