E-commerce

Portrait for @ash
by @ash
2021-03-06T00:00:02+00:00
Business • Economy
Disney to close 20% of its retail stores, shifts towards e-commerce
Disney Store in Toronto's Eaton Centre
Disney Store in Toronto's Eaton Centre Credit: Raysonho @ Open Grid Scheduler / Grid Engine (Public Domain)

Disney has announced it will be closing 20% of its 300 retail stores in North America by the end of the year, hinting at additional closures and layoffs in the future. As the company closes its brick-and-mortar stores, it is working to improve its e-commerce business ShopDisney.

Portrait for @christoph
by @christoph
2020-03-25T17:05:03+00:00
Business • Economy
Amazon opens its workers relief fund to outside donations

The e-commerce company implemented a fund to support "employees and partners" and contributed $25 million in funds themselves. In addition to this, the company opened up the fund for outside donations stating "While we aren’t expecting anyone to do so, you can make a voluntary donation to the fund if you desire to do so" on their website.