Amazon pumps in $200 million for new distribution center in Charlotte
Charlotte officials on Monday gave Amazon (AMZN) the nod to build a new distribution center in the city. The company...
Retail
Toys ‘R’ Us closes remaining stores for good
After more than 70-years in business, the iconic toy retailer Toys ‘R’ Us will complete the closure of the remaining...
Campbell rallies on rumored deal with Kraft
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring 10% during...
BJ’s Restaurants hit yearly high as food industry sees green
BJ’s Restaurants (BJRI) stock touched a new yearly higher of $61.80 on Friday, with market analysts expecting strong performance from...
Oops! Amazon accidentally reveals Prime Day schedule
Amazon’s big summer sale, the Prime Day, which has been around for three years, is probably much bigger than Black...
Amazon, other e-commerce stocks tank after court ruling on sales tax
Easing concerns that certain tax collection practices of e-commerce firms are causing huge losses to the government, the Supreme Court...
Starbucks is hoping to mollify investors with summer-special beverages
Things have not been going so great with Starbucks (SBUX) lately. Its shares are currently trading at a yearly low...
Darden stock jumps on upbeat quarterly results
Darden Restaurants (DRI) reported a 41% jump in profit for the fourth quarter helped by higher sales and an increase...
Best Buy stock slips following burglary, new deal
Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its...
Starbucks shares plunge on weak sales outlook and store closure
Late on Tuesday, Starbucks rolled out some long-term strategic initiatives to regain momentum on both the top and bottom line....
Amazon will now give your building a locker to receive packages!
Amazon on Tuesday launched the Hub – a locker facility that will be installed in your apartment where you can...
Food and hospitality segments to suffer as Canadians boycott US vacations, goods
Evidently irked by President Donald Trump’s derogatory comments on Canadian Prime Minister Justin Trudeau and the escalation of a trade...
Google joins hands with Amazon’s rival in China
It’s Amazon (AMZN) on one side and the rest of the corporate world on the other. Everybody seems to be...
US retail sales beat expectations in May
US retail sales growth blew past expectations in May, primarily due to increased sales at gas stations, home centers, restaurants,...
Fred’s Inc. reports first quarter 2018 results
Fred’s Inc. (FRED) reported a 5.8% decline in net sales to $437.1 million during the first quarter of 2018 compared...
Microsoft may team up with Walmart to outshine Amazon in checkout-free shopping
Microsoft Corp (MSFT) appears to be making an effort to take on Amazon (AMZN) in a subtle way through the...
A year into Amazon-Whole Foods deal, market equation remains unmoved
We have seen how Amazon (AMZN) made a lasting impact on the retail landscape – first through its breakthough e-commerce...
Dave & Buster’s stock jumps 15% on earnings beat; CEO to retire
After a rugged 2017, entertainment and restaurant business operator Dave & Buster’s (PLAY) reported a beat on the consensus estimates...
Amazon Prime members of 10 more states to get Whole Foods discounts
Amazon (AMZN) relishes pampering its Prime members! In its latest announcement, the e-commerce giant has announced that Whole Foods Market will...
The Chinese have a good reason to hate Amazon
Amidst ongoing allegations of brutal working conditions at Amazon (AMZN), US-based China Labor Watch has now attacked the e-commerce giant...
McDonald’s is trimming layers to boost its health
McDonald’s (MCD) has decided to cut jobs as part of its corporate restructuring efforts which aims to save around $500...