• Walmart, Target and Best Buy will try to divert dollars from Amazon Prime Day by offering their own deals and fulfilling orders quickly through curbside and in-store pickup.
  • Buy online, pick up in store options have gained popularity during the coronavirus pandemic as a safe, convenient alternative to browsing store aisles.
  • Yet big-box retailers will have to prove they can keep up as deep discounts and holiday shopping drive demand.



a boy standing in front of a car: A Wal-Mart Pickup-Grocery employee helps a customer at a test store in Bentonville, Arkansas.


© Provided by CNBC
A Wal-Mart Pickup-Grocery employee helps a customer at a test store in Bentonville, Arkansas.

As big-box retailers throw their own sales events during Amazon Prime Day, expect to see them tout an asset that the e-commerce giant doesn’t have: numerous stores across the country where customers can quickly retrieve their online purchases.

Loading...

Load Error

Amazon Prime Day starts at 3 a.m. ET Tuesday and lasts through Wednesday. Target will have “Deal Days” and Best Buy will jumpstart Black Friday sales on those days. Walmart holds its “Big Save Event” from 7 p.m. ET Sunday through Thursday.

Buy online, pick up in store options — such as curbside and in-store pickup — have gained popularity during the coronavirus pandemic as a safe, convenient alternative to browsing store aisles.

Best Buy rolled out curbside pickup at nearly all its stores during the early months of the pandemic. Walmart over the past five or six months has made tens of thousands of general merchandise items eligible for curbside pickup, along with its wide selection of groceries. Target will add fresh and frozen foods to curbside pickup at the vast majority of stores by the holidays, so shoppers can pick up milk along with gifts for their family. 

By offering an alternative to waiting for a package to arrive to the doorstep, retailers are trying to beat Amazon at its



(Thomas Crabtree)

Easton Corbin’s acoustic video for “Didn’t Miss a Beat” is a close and personal breath of fresh country air. If you’re missing live shows, put this gorgeously shot and recorded live video up on the TV and have your own personal Easton Corbin concert in your living room. With two guitars and sweet harmonies, Corbin takes us back to the simplicity and fun of classic country music.

“I feel like a lot of songs lose their energy when you bring them down to acoustic. With ‘Didn’t Miss A Beat,’ it translates well regardless of whether it’s full-band or acoustic. No matter how you hear it, it’s one of those songs that sticks with you,” shares Corbin.

Related: Free Music Streaming Services to Try

Watch the acoustic video for “Didn’t Miss a Beat” here:

Related: When and Where to Watch the She Rocks Spotlight Series Live Streams

Corbin is a country artist hailing from Florida. His philosophy is to dance between traditional and modern to create something new and original. Corbin has released seven top 10 singles and No. 1 hits such as “A Little More Country Than That” and “Roll With It.” He has had over one billion streams and has opened for Carrie Underwood, Rascal Flatts, Blake Shelton, Brad Paisley and others. He is currently headlining select tour dates. 

His latest single, “Didn’t Miss a Beat,” was performed on The Today Show earlier this month. Corbin has an upcoming EP to be released later this year. 

Next, do people who are tone deaf hear music differently?

window.ConsentManager.registerVendorHandler("s7", …

Volatility and uncertainty have dampening the stock market with September turning out to be the worst month since March. Election uncertainty, stretched valuations, lack of progress in new fiscal stimulus and resurgence in COVID-19 cases are weighed on investors’ sentiments. Additionally, disappointing job data in September and Trump’s positive COVID-19 test led to the chaos (read: Top-Performing ETFs of the Worst September Since 2011).

Notably, the U.S. economy added 661,000 jobs last month, which is fewer than expected and the slowest increase since the recovery began in May. Unemployment dropped to 7.9%, down from a historic record of 14.7% in April but higher than 4.8% when Trump took office in January 2017, indicating that the recent pace of recovery is slowing. The current level marks the worst job loss that any president has faced going into an election based on records going back to the Second World War.

However, investors’ flurry toward beaten down sectors like industrials, materials and consumer discretionary for a bargain overshadowed the negative news flow. This move has led to the outrperformance in the small-cap stocks, which were the hardest hit by the pandemic. This is especially true, as the Russell 2000 has added 0.3% over the past month compared to the losses of 2.3% for the S&P 500, 2.1% for the Nasdaq Composite Index and 1.6% for the Dow Jones (read: Value Outperforms Growth in September: 6 ETFs to Bet On).

Here, we have highlighted the reasons for outperformance of the small-cap stocks:

Reasons for Outperformance

Apart from rotation to the cheaper areas of the market, easing monetary policy has been driving the small-cap rally. In its latest policy meeting, Chairman Jerome Powell kept U.S. interest rates near zero and pledged to keep rates at lower levels until the end of 2023. The central bank

Bed, Bath & Beyond Inc.  (BBBY) – Get Report shares surged higher Thursday after the home retailer posted surprise second quarter earnings that topped Wall Street forecasts as online sales continue to surge.

Bed Bath & Beyond said adjusted earnings for the three months ending on August 29, its fiscal second quarter, were pegged at 50 cents per share, well ahead of the Street consensus forecast of 23 cents per share. Group revenues, the company said, were essentially flat to last year at $2.7 billion, but topped analysts’ forecast of a $2.6 billion tally thanks in part to an 89% annual increase in online sales.

Comparable store sales were solid, as well, rising 6% from last year and notching the first positive growth rate since the fourth quarter of the retailer’s 2016 fiscal year.

“Our growth strategy is unlocking improved financial performance, and the marked improvement in our second quarter financial results reflects the potential of our digital-first, omni-always transformation and our efforts to build a modern, durable platform for success,” said CEO Mark Tritton. “We’ve taken direct action to stabilize our business, including reducing our cost structure, enhancing our financial flexibility, and investing where it matters most to our customers.”

“At the same time, we have assembled a world-class and experienced leadership team to rebuild our authority in Home and modernize our operations to deliver a truly customer-inspired and omni-always shopping experience,” he added.

Bed, Bath & Beyond shares were marked 23.3% higher in early trading following the surprise earnings release to  change hands at $18.47 each, the highest in more than a year and a move that would extend the stock’s six-month gain to nearly 390%.

Last week, Bed, Bath & Beyond named Scott Lindblom as chief technology officer to support what the company called its

United Natural Foods, Inc. UNFI reported fourth-quarter fiscal 2020 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Moreover, earnings and sales increased on a year-over-year basis.

Q4 in Detail

United Natural’s adjusted earnings of $1.06 per share comfortably surpassed the Zacks Consensus Estimate of 71 cents. Further, the bottom line rose significantly from 35 cents in the year-ago quarter. The year-over-year surge can be attributed to greater net sales as well as improved gross margin.

Net sales from continuing operations came in at $6,754.6 million, outpacing the Zacks Consensus Estimate of $6,604.6 million. Sales inched up 0.4% year over year. On a comparable 13-week basis, sales advanced 8% year over year. Sales growth was backed by robust consumer demand and gains from cross selling.

Meanwhile, the company’s gross margin expanded 41 basis points to 14.81%. The upside was driven by greater contribution from robust retail business coupled with reduced promotional activities.

Adjusted operating income came in at $116 million in the quarter, up from $74.7 million reported in the year-ago quarter. Adjusted operating margin increased from 1.11% to 1.72% of net sales, courtesy of higher net sales, increased gross margin as well as fixed operating and administrative expense leverage over higher sales. Also, benefits of synergy and integration efforts were a reason. This was partly affected by COVID-19-related costs. Incidentally, COVID-19-related incremental costs amounted to $30.7 million in the quarter.

Adjusted EBITDA jumped 19.3% to $197.9 million, thanks to improved sales, cost leverage and synergy gains. Results were partly affected by COVID-19-related costs.

United Natural Foods, Inc. Price, Consensus and EPS Surprise

United Natural Foods, Inc. Price, Consensus and EPS Surprise

United Natural Foods, Inc. price-consensus-eps-surprise-chart | United Natural Foods, Inc. Quote

Segment Sales

From a channel point of view, Supernatural net sales declined 3.9% year over year (up 3.6% on a comparable 13-week