“It ranked as a best-seller on Amazon in just three months. We went from selling 200 bottles a week to 200 a day to one every 30 seconds."
The world's largest furniture retailer has announced it has made significant process towards its goal of achieving 100% of its products being recycled or renewable by 2030.
According to a new study by online newsletter The Hustle, drunken online shopping is on the rise, with 79% of those who consume alcohol reporting that they had made at least one purchase while inebriated.
Blockbuster was once a retail colossus with more than 9,000 outlets in the US alone back in 2004. Now it is close to oblivion, with only a single store in Bend, Oregon, still operating.
The Democrat Mayor of New York, Bill De Blasio, has blasted the retailer after it reneged on plans to build part of its second headquarters in the city.
Amazon reported revenue of US$72.4 billion for the quarter, slightly beating analyst estimates.
Is this the next great innovation in retail? Amazon has launched a "cooler sized" automated delivery device which will begin transporting packages to customers in Washington state.
Womens' rights group Fawcett Society has joined forces with Let Toys Be Toys to advocate for an end to gender-specific toys this Christmas. There is already some data suggesting consumers are moving away from the gender divides in their gift purchases.
Former Amazon CFO Dave Stephenson will join the home-renting giant in January 2019.
British wine seller Majestic is the latest company to outline its plans to stockpile goods to prepare for a messy exit from the EU, announcing it will reserve an extra £8 million (US$10.3 million) of wine.