When the coronavirus surfaced in the Raleigh-Durham area this spring, Target stores were ready for the sharp increase in online orders. Before the pandemic, Walmart, Target and many large retailers had already spent heavily to build e-commerce warehouses, mobile apps and delivery networks to compete with Amazon. Meanwhile, apparel spending rose at big-box stores such as Target and Walmart, which offer one-stop shopping, likely grabbing business from floundering competitors, say retail analysts. Walmart has increased store pickup and delivery slots by around 30% since February, executives said last week. Same-day pickup and delivery sales rose 270% in the most recent quarter.

Source: Bangkok Post August 25, 2020 23:26 UTC