Category: Retail & Wholesale

Industries, Retail & Wholesale

What Walmart and’s Latest Investment Means for Chinese Retail

August 9, 2018

Via: Fortune

The Chinese grocery-delivery firm, Dada-JD Daojia, announced Thursday that has received a $500 million injection of financing. The money comes jointly from U.S. retail giant Walmart and Chinese e-commerce player Walmart (WMT, -0.14%) said it had contributed some $320 […]

Industries, Retail & Wholesale

Amazon shares slightly higher as investors await Prime Day results

July 18, 2018


Shares of Amazon ticked higher on Wednesday as Wall Street awaited the final results from Prime Day, the e-commerce giant’s annual sales event. The stock rose 0.1 percent in the premarket after closing at a record high in the previous […]

Industries, Retail & Wholesale

Amazon Prime Day will take a bite out of the food sector as Whole Foods is included

July 6, 2018

Via: Market Watch Inc. is including Whole Foods Market in its annual Prime Day shopping event this year, a move that will put pressure on grocers along with other retailers. Amazon AMZN, -0.07% said Prime Day, which will last 36 hours starting […]

Industries, Retail & Wholesale

Are consumers the real winners as Amazon enters the pharmacy market?

June 29, 2018

Via: NBC News

Stocks of Rite Aid, CVS and Walgreens lost nearly $13 billion in value by midday on Thursday after Amazon announced its plan to buy online pharmacy PillPack. Industry observers have long said it was a matter of when, not if, […]

Industries, Retail & Wholesale

Amazon Wants to Help Entrepreneurs Start Businesses—That Deliver Amazon Packages

June 28, 2018

Via: Fortune

Amazon’s plans for its own-branded delivery service are moving ahead, as the company seeks to reduce its reliance on established delivery services like FedEx (FDX, -3.01%) and UPS (UPS, -1.08%). But Amazon wants others to take much of the risk. […]

Industries, Retail & Wholesale

These 7 global companies have the best chance to survive the retail apocalypse, Credit Suisse says

June 15, 2018

Via: Business Insider

It’s Amazon‘s world, and the rest of the retail industry is just living in it. Or at least that’s how it seems these days. But Credit Suisse isn’t ready to give up hope. The firm recently ran an analysis to […]

Finance Tech, Industries, Retail & Wholesale, Trading

Meet the most hated stocks in the market today: Consumer staples

May 22, 2018


Just how contrarian are you? How to know when the onrushing herd has it right? When following Warren Buffett’s credo to be greedy when others are fearful, where’s the line between brave and foolhardy? These are the self-directed questions of […]

Industries, Retail & Wholesale

Walmart U.S. Sales Beat Forecasts as E-Commerce Sales Get Back on Track

May 17, 2018

Via: Fortune

It looks like Walmart’s (WMT, +3.74%) tepid e-commerce growth over the holiday season may have been a blip after all. The mass merchandise retailer said on Thursday that U.S. online sales had risen 33% in the first fiscal quarter of […]

Industries, Retail & Wholesale

Amazon teams with CoinStar, expands program that lets users pay with cash

May 16, 2018


Internet retail has been largely for people who pay with credit or debit cards. Few, if any, websites offer “cash on delivery” options which were common with late-night TV product offers in the 1980s and few offer any option to […]

Industries, Retail & Wholesale

Macy’s earnings: Shares are rising but same-store sales are not

May 14, 2018

Via: Market Watch

Morgan Stanley downgraded Macy’s Corp. last week on concerns about same-store sales in a note that came just ahead of first-quarter results, that are scheduled for Wednesday. Macy’s M, +0.20% stock is up nearly 27% for the past year, but […]