Costco Could Be One of the Few Survivors in Amazon’s Retail Takeover
To take on Amazon.com (NASDAQ:$AMZN) seems like a bold move for any company these days. The online-retail company, with its recent plans to acquire Whole Foods Market, Inc. (NASDAQ:$WFM), expects to take up more than …
Sears Holdings Shares Took Another Plunge Today
On July 6, Sears Holdings Corp. (NASDAQ:$SHLD) shares took a plunge as the recent rally that held up the stock stumbled to a halt amongst pessimistic reports about the company and the entire department store …
This Is Why Sears’ Stock Saw A Surprising Gain in June
Despite news of additional store closures, Sears Holdings Corp (NASDAQ:$SHLD) fought back from its potential doom thanks to Bruce Berkowitz, a board member at Sears Holdings and founder of the Fairholme Fund (MUTF:$FAIRX). Berkowitz gave …
Here’s Why Amazon Might Have Finally Beat Out Costco
It seems that Costco (NASDAQ:$COST) has finally been defeated.
Shares of the American membership club retailer have dropped 13% to $158.82 in just a month. Why? Primarily because investors have grown anxious about …
This Is Why Lululemon’s Stock Went Up in June
Canadian athletic-wear company Lululemon Athletica Inc. (NASDAQ:$LULU) had a rather successful month of June. According to S&P Global Market Intelligence, Lululemon’s shares went up 23.6% in June after it reported strong 1Q results. The up …
Alibaba Will Be Launching a Smart Speaker Called the Genie X1
China’s Alibaba (NYSE:$BABA) is one of the largest e-commerce websites in the world. So it didn’t come as a total shock to hear that the company will be launching an Amazon Echo-like speaker called the …
These Retail Companies Have Faced Some of The Most Store Closures in 2017
Not a lot of other industries in the market have struggled as much as the retail industry so far this year. According to finance management company Credit Suisse (VTX:$CSGN), more than 8,000 stores in total …
This is Why Nike’s Shares are Soaring
After struggling for the past few weeks, Nike, Inc.’s (NYSE:$NKE) shares saw a 6% rise on Friday morning, June 30. The rise in stock price is mainly thanks to Nike’s stronger-than-expected fourth quarter financial report. …
Competition Heats Up in the Retail Industry as Walmart Requests Truckers To Stop Delivering Products for Amazon
It seems that Walmart (NYSE:$WMT) isn’t just fighting back on the changes of the retail industry through smart growth strategies, it is also showing hostility towards big-name online retailer Amazon (NASDAQ:$AMZN). In a recent report …
IKEA to Become Full-Blown Tech Company With Apple and Third-Party eCommerce Partnerships
As various retail companies scramble to beef up their online presence and save themselves from drowning in the wave of changes the industry has been experiencing, famous Swedish furniture company IKEA (traded privately) seems to …