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Added on the 17/11/2015 17:07:30 - Copyright : Reuters EN
The world's largest retailer reported a lower fiscal fourth quarter profit as store and e-commerce infrastructure improvements fail to lure more customers. Shartia Brantley reports.
Wal-Mart reported earnings that missed forecasts, saying consumers pocketed tax refunds and savings from cheaper gas. Bobbi Rebell reports.
With so many people working from home, restaurant traffic is down but grocery stores are getting plenty of business. But according to Business Insider, Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year. That flies in the face of other grocery store chains, where traffic is bouncing back much faster. At Kroger's, for example, business was only down 2%. A Whole Foods spokesperson said stores normally get a lot of lunchtime trade from office workers, who are now working from home. Sales of packaged sandwiches and salads have fallen 75%. For every five in-store shoppers Whole Foods Markets had last October, it now only has four.
Jakarta, Jun 5 (EFE/EPA).- As the Indonesian government began relaxing the COVID-19 restrictions, Jakarta has seen a traffic increase across the city (Camera: MAST IRHAM).FOOTAGE SHOWS AN AERIAL VIEW TAKEN WITH DRONE OF JARKATA ROADS WITH INCREASING TRAFFIC (NO AUDIO).
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