From Walmart to Macy's, Boeing to Tesla, here's our corporate scorecard for the Covid era
From Amazon to UPS, Boeing to Tesla, here’s a glimpse at the ways U.S. businesses are navigating these challenging timesAmazon struggled early in the pandemic, but rebounded with record sales. Disney got a huge boost for its streaming service, while its other businesses were hit hard. Store closures wiped out $2 billion in sales for Macy’s this spring—but after the pandemic, it could be one of the last department stores standing. Here’s how a dozen major companies have navigated the Covid era.
with handling a massive influx of orders. Amazon has spent billions of dollars in responding to the pandemic.from its early problems and is capitalizing on the acceleration of e-commerce caused by the pandemic. Its share of online shopping has been back on the rise, and it is expanding its workforce in anticipation of continued demand. No company can match its online fulfillment operations, positioning it well for years to come. Its market value has soared this year.
. Amazon removed most of its popular recommendation widgets that show shoppers what other people were buying and scaled back online coupons. The strategy helped Amazon gain back control of its supply chain.
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