As expected when it filed for bankruptcy protection last summer, struggling toy retailer Toys ‘R’ Us is closing an enormous number of stores, 180 stores to be specific or nearly 20 percent of its fleet, as it tries to get back to being a viable chain.
There’s a Costco to one side of Gwendolyn Hammer’s house and a Sam’s Club to the other. But when the 28-year-old needs 12-packs of paper towels, or 36 rolls of toilet paper, she heads online instead.
Amazon has whittled its list of potential sites for its second headquarters from 238 bids across North America to just 20, the company announced last week.
Most Chinese consumers go to JD.com to buy electronic gadgets and other items. Restaurant operator Zhang Zong uses China’s No. 2 e-commerce company to deliver 400 million pounds of carp heads.