Retail
E-Commerce Giant Alibaba Makes Waves in the Cloud Computing Sector
Taking on mega-giants such as Amazon (NASDAQ:$AMZN), Microsoft (NASDAQ:$MSFT), and Alphabet Inc. (NASDAQ:$GOOG), Alibaba Group Holdings (NASDAQ:$BABA) entered the cloud computing industry as an underdog. But the company’s rising profile is hard to ignore. The ... [Read]
Retail
Best Buy’s Impressive 2nd Quarter Earnings Per share
After reporting a 2nd quarter fiscal 2018 earnings that beat Wall Street estimates on Tuesday, Best Buy (NASDAQ:$BBY)’s earnings per share have risen more than 3%. Traditional brick-and-mortar retail stores have been presumed dead for ... [Read]
Retail
Finish Line’s Shocking Shareholders Rights Plan
The athletic apparel and footwear sector have been performing abysmally lately. Finish Line (NASDAQ:$FINL) is no exception, ranking behind sport giants like Nike (NYSE: $NKE) and Foot Locker (NYSE: $FL). Recently, Finish Line shocked all ... [Read]
Retail
Big 5 Sporting Goods Ex-Dividend Date Scheduled
August 30th, 2017 will be a huge day for Big 5 Sporting Goods Corporation (NASDAQ:$BGFV) as the company will begin trading ex-dividend. Accordingly, on September 15, 2017, a cash dividend payment of $0.15 per share ... [Read]
Retail
Sprouts Farmers Market: A Stock to Watch
Sprouts Farmers Market (NASDAQ:$SFM) has taken substantial hits recently as a result of Amazon’s (NASDAQ:$AMZN) $14-billion acquisition of Whole Foods Market (NASDAQ:$WFM). The new partnership plans to drastically reduce prices in the natural and organic ... [Read]
Retail
Amazon Cuts Whole Food Prices and Begins Selling Amazon Echo In-Store
On the first day of ownership on Monday, Amazon (NASDAQ:$AMZN) has already cut prices on popular items such as avocados and apples in Whole Foods Market. This was an enormous effort to shed the unaffordable ... [Read]
Retail
This is Why GameStop’s Stock Fell Today — August 25, 2017
Well-known video game retailer GameStop (NYSE:$GME) saw its shares spiral on Friday, August 25th. This is most likely due to the mixed earnings report it released for its second quarter. Although sales were strong thanks ... [Read]
Retail
This is Why Abercrombie & Fitch Co.’s Stock Increased Today – August 24th, 2017
Despite having a rough few months along with similar teen apparel companies, Abercrombie & Fitch (NYSE:$ANF) released an earnings report on Thursday, August 24th, that exceeded average analysts’ expectations. Abercrombie cited its success from its ... [Read]
Retail
Costco’s Lack of Improvement for its Online Presence Can Mean Bad News, Especially as Amazon Closes Acquisition Deal with Whole Foods
Costco Wholesale Corp (NASDAQ:$COST) began its venture into e-commerce as early as 1998 – just when Amazon (NASDAQ:$AMZN) started to expand its product offers beyond books. Despite this, however, Costco has shown little to no ... [Read]
Retail
Amazon’s Deal to Acquire Whole Foods is Set to Close on Monday, August 28th, Consumers Can Expect Lower Prices for Whole Foods Products
In a press release written by Amazon (NASDAQ:$AMZN) on Thursday, August 24th, it was announced that the company expects its acquisition of Whole Foods (NASDAQ:$WFM) to be finalized on Monday, August 28th. Together, Amazon said ... [Read]