- Amazon Prime has devastated traditional retail. Walmart is about to fight back with plans to start publicly testing a membership program called Walmart+. Story by Jason Del Ray.
- J.C. Penney on Thursday projected a bigger comparable sales fall than market expectations for 2020, even after reporting better-than-expected results for the holiday quarter on strength of its women’s apparel business. Coverage from Melissa Fares and Nivedita Balu.
Source: Walmart is quietly working on an Amazon Prime competitor called Walmart+ | Vox
Source: J.C. Penney comparable sales outlook disappoints while earnings beat estimates | Reuters