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Category: Retail & Wholesale


Industries, Retail & Wholesale

U.S. consumers feel financially confident as holiday season approaches

October 2, 2018

Via: USA TODAY

As the 2018 holiday shopping season approaches, most Americans are feeling pretty good about their finances. The majority of consumers believe the U.S. economy has improved since last year, and 75 percent expect that trend will continue in 2019, according […]


Industries, Retail & Wholesale

How potentially dangerous fake Apple products reach the US consumer market

September 20, 2018

Via: USA TODAY

A three-story brick building in a low-crime Brooklyn neighborhood in New York City was the first U.S. stop on an international route used to ship thousands of potentially dangerous counterfeit Apple electronics to America’s consumer market. The knockoff power adapters […]


Industries, Retail & Wholesale, Software & Tools

Amazon has quietly built a $10 billion platform selling goods to businesses

September 11, 2018

Via: Business Insider

Amazon said on Tuesday that its specialist business supplies sales portal has now hit $10 billion in annual sales. Founded in 2015, Amazon Business functions just like regular Amazon but is specialised to suit the needs of businesses, offering things […]


Industries, Retail & Wholesale

Here’s Why Coca-Cola Is Buying Costa Coffee for $5.1 Billion

August 31, 2018

Via: Fortune

The Coca-Cola Company is buying U.K.-based Costa Limited, a global coffee chain with almost 4,000 retail outlets, for $5.1 billion, it announced today. While Costa does not compete in the U.S. market, it is the U.K.’s leading coffee chain and […]


Industries, Retail & Wholesale

Morgan Stanley raises its Amazon price target to the highest on Wall Street, predicts $1.2 trillion valuation

August 29, 2018

Via: CNBC

Morgan Stanley is getting more bullish on Amazon shares even after its stunning gains so far this year. The firm reiterated its overweight rating and increased its price target for Amazon shares to $2,500 from $1,850, representing 29 percent upside […]


Industries, Retail & Wholesale

Target Shares Hit All-Time High After Proving It Can Keep Pace With Amazon and Walmart

August 22, 2018

Via: Fortune

So much for the demise of brick-and-mortar retailing. Target (TGT, +5.13%) on Wednesday reported a surge in shopper visits and digital sales that fueled its biggest comparable sales gain in 13 years, proving that its strategy to integrate stores and […]


Industries, Retail & Wholesale

What Walmart and JD.com’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 JD.com. 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

Via: CNBC

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

Amazon.com 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, […]