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Retail

With $150-bln net worth, Amazon’s Jeff Bezos becomes the richest man in the world

This year, Amazon’s (AMZN) Prime Day event seems to have brought mixed fortunes for CEO Jeff Bezos. The three-day sale,…

McDonald’s is the latest company to issue recall over CDC’s complaint

The foodborne illness outbreak related to the popular fast-food chain McDonald’s (MCD) has been in news since May. And now…

Will Momo become next Alibaba?

If you like and own Alibaba Group (BABA) stock then the shares of the Chinese instant-messaging service Momo (MOMO) could…

Starbucks needs to address pricing issue

Starbucks (SBUX) stock remained on the positive track till June 19, but everything changed when the coffee giant provided a…

Will Amazon eclipse the $1 trillion market cap?

The race for joining the $1 trillion market cap seems to be getting intense in 2018. Amazon (AMZN) is expected…

Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott

Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as…

David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO

Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann…

Nordstrom shares drop on weak sales projection

Shares of the fashion specialty retailer Nordstrom (JWN) slipped on Tuesday after the company rolled out sales projection for 2018…

Now, Walmart is set to woo New Yorkers with e-commerce offerings

Walmart’s (WMT) aggressive and rapid adoption of e-commerce over the last decade has been an inspiration for the other American…

JM Smucker sheds baking brands to focus on pet foods, snacking

JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for…