Cities Continue to Compete as Amazon Looks for New Headquarters Location
The $5 million dollar bid to build a new headquarters for Amazon (NASDAQ:$AMZN) has attracted the attention of cities across the US. While New York has doubled down on its bid, residents in cities like ... [Read]
Toys ‘R’ Us is an Ill Omen for Toy Companies
Recent news from Toys ‘R’ Us has caused a drop in toy companies’ share. Toy companies Hasbro Inc (NASDAQ:$HAS) and Mattel Inc (NASDAQ:$Mattel) specifically saw a large drop stock prices. Toys ‘R’ Us, the latest ... [Read]
Tiffany & Co. Shares Plunged Today and This is Why
On Thursday, Tiffany & Co. (NYSE:$TIF) shares decreased significantly. Why? It all started after news surfaced that Qatar’s sovereign wealth fund sold a massive block of shares. Reportedly, shares were priced close to $94.40 per ... [Read]
Macy’s Plans to Hire 18,000 Workers This Holiday Season
Looking for a job in the retail sector? Well, Macy’s Inc. (NYSE:$M) plans to hire more workers this holiday season at its distribution centers and warehouses in order to support its online business. It is ... [Read]
Iconic Canadian Retailer Roots Files for IPO
Roots Corp. is one of Canada’s leading lifestyle retailer brands, and the company filed a preliminary prospectus with the securities regulatory authorities in Canada for a proposed initial public offering of its common shares. Known ... [Read]
Alibaba Invests in Top Chinese Bike Sharing Operator Amid E-Commerce Rivalry
Alibaba (NASDAQ:$BABA) recently helped Chinese bike sharing operator Ofo to raise more than $700 million in funding. Other notable investors include CITIC Private Equity, Hony Capital, and Didi Chuxing—China’s equivalent of Uber. Last year, Apple ... [Read]
Amazon is on Its Way to Dominate the Indian E-Commerce Market
The world’s fastest-growing e-commerce market, India is seeing a growth at an annual pace of over 31% over the next five years, hitting $64 billion in revenue by 2021. Naturally, Amazon (NASDAQ:$AMZN) has been aggressively ... [Read]
Nordstrom Shares Increased 10% and This is Why
Big day for the retail sector! On Tuesday, in the extended trading session, shares of Nordstrom, Inc. (NYSE:$JWN) soared. Why? It all happened after a report surfaced that the retailer is taking the steps to ... [Read]
Amazon Executives Want Second Headquarters in Boston
By now, most people are aware that Amazon (NASDAQ:$AMZN) is looking for a home for its second headquarters. However, Bloomberg reported on Tuesday, September 12, that Amazon executives are pushing for Boston to be the ... [Read]
Sycamore Partners Has Completed the Acquisition of Staples
On Tuesday, September 12, privately traded Sycamore Partners announced that it has officially completed its acquisition of Staples, Inc. (NASDAQ:$SPLS). “We are pleased to have completed this transaction and look forward to partnering with CEO ... [Read]