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Retail

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…