Retail
Amazon Workers in Germany and Italy to Strike on Black Friday
Italians used to welcome the U.S. tradition of Black Friday, but it appears 2017 is going to be different. The Trade Union announced on Thursday that workers at Amazon’s (NASDAQ:$AMZN) main distribution center in Italy ... [Read]
Retail
Urban Outfitters Says Same-Store Sales Increased Across All 3 of their Brands
Fashion is reportedly back in style, and according to Urban Outfitters executives, this is the sole reason the company’s same-store sales increased across all three of their top brands for the first time in 2 ... [Read]
Retail
Shares of Vipshop Holdings Plummeted Today, Here’s Why
If you were to take one thing away from the stock market today, it should be that investors are not impressed with Vipshop Holdings (NYSE:$VIPS) Q3 earnings results. What Happened? On Tuesday, shares of Vipshop ... [Read]
Retail
Wal-Mart Reports Better-Than-Expected Earnings Report, Stock Soars
Is the retail sector making a comeback? Maybe that’s a little far-fetched, but at least Wal-Mart is still doing well for itself. On Thursday, Wal-Mart Stores, Inc. (NYSE:$WMT) posted better-than-forecasted U.S. comparable sales, due to ... [Read]
Retail
An E-Commerce Force To Be Reckoned With: JD.com Releases 3Q17 Earnings
Often falling under the shadow of Alibaba (NYSE:$BABA), JD.com (NASDAQ:$JD) has been the long-running Chinese e-commerce underdog. JD reported its 3Q17 earnings before market opening on Monday, November 13th, with results cheered by investors as ... [Read]
Retail
Alibaba Singles’ Day hauls in $12 Billion in first two hours
Today, on China’s “Singles’ Day” Alibaba (NYSE:$BABA), China made $5 billion in transactions in just fifteen minutes. This blew their past recorded figures of their one-day shopping event completely out of the water. Further, Alibaba ... [Read]
Retail
Macy’s Stock Increases on Earnings – But You Should Still Be Weary
For the most part, the retail sector has struggled for the majority of 2017. And yet, when Macy’s Inc. (NYSE:$M) reported its third-quarter earnings Thursday morning, the market seemed to really like what the Cincinnati-based ... [Read]
Retail
Amazon to Open New Corporate Office in Vancouver, Canada
Amazon, Inc. (NASDAQ:$AMZN) has announced that it will be opening a second corporate office in Vancouver, Canada, thus doubling its staff in the western Canadian city by early 2020. The reason? The e-commerce giant is ... [Read]
Retail
Amazon Launches Black Friday Store
Unlike some retailers, Amazon Inc. (NASDAQ:$AMZN) isn’t too worried about the post-Halloween depression. In fact, the e-commerce giant has already jumped the gun on Black Friday. Deals have already started surfacing as Amazon prepares for ... [Read]
Retail
This is Why Office Depot, Inc. Stock Plummeted Today
Office Depot, Inc. (NASDAQ:$ODP) shares plummeted today after the struggling office supply retailer was heavily downgraded by J.P.Morgan (NYSE:$JPM). The number? A cool 13.3%. Specifically, analyst Chris Horvers lowered his rating on Office Depot to ... [Read]