Sears Has Borrowed $200 Million From It’s CEO
It seems that Sears Holdings (NASDAQ:$SHLD) has been given another lifeline. The Illinois-based company has borrowed even more money from CEO Eddie Lampert’s ESL Investment hedge fund – $200 million to be exact. Following the ... [Read]
10 Retailers That Are Closing Hundreds of Stores in 2017
It shouldn’t come as a total surprise to hear that the retail sector has been crumbling as of late. As more Americans start to do their shopping online instead of at a store, conventional retailers ... [Read]
The Retail Sector is Likely to Benefit From Back-To-School Shopping
As we approach September, University students are starting to think about back-to-school shopping. And it seems like they’re planning on spending more than ever this year. According to the National Retail Federation’s annual survey, back-to-university ... [Read]
A Top Democrat Has Requested a Hearing Regarding Amazon’s $13.7 Billion Whole Foods Deal
David Cicilline, the top Democrat on the House of Representatives Judiciary Committee’s antitrust panel, has advised the subcommittee to hold a hearing regarding Amazon’s (NASDAQ:$AMZN) plans to purchase Whole Foods Market Inc (NASDAQ:$WFM). Cicilline first ... [Read]
This is Why E-Commerce Could Be Instagram’s Secret Weapon
Nike Inc.’s (NYSE:$NKE) announcement last month that the company will – for the first time – start selling some of its products on Amazon.com (NASDAQ:$AMZN) caught the attention of many investors. On July 13, Nike ... [Read]
This is Why Target’s Stock Rose Today – July 13, 2017
In the midst of a crisis in the retail industry, several companies are cutting down product prices in order to compete with the low prices offered through e-commerce. Target (NYSE:$TGT) was one of these companies, ... [Read]
Alibaba Isn’t Losing Sleep Over Amazon Making the Transition into Southeast Asia
As of late, whenever Amazon (NASDAQ:$AMZN) enters into a new market, the retail and online shopping worlds enter into panic mode. However, that doesn’t seem to be the case for Chinese e-commerce giant Alibaba Group ... [Read]
Barclays Analyst Wants Costco to Counter Bid Amazon For Whole Foods
Barclays (LON:$BARC) analyst Karen Short wrote an open letter to Costco (NASDAQ:$COST) on July 13, stating that she wants the major retailer to challenge Amazon’s (NASDAQ:$AMZN) attempt to acquire Whole Foods (NASDAQ:$WFM). Short believes that ... [Read]
Is Amazon Getting Too Big? Analysts Think Yes
Following the record-breaking 2017 Prime Day, the Whole Foods Market Inc. (NASDAQ:$WFM) bid, and a number of announcements including Amazon Wardrobe, Amazon Inc (NASDAQ:$AMZN) was the focus of two investors calls on Thursday that expressed ... [Read]
Why Stop At Whole Foods? Amazon Should Purchase Macy’s As Well
Have you ever heard of the saying ‘opposites attract’? Well, if it’s true, maybe dominating online retailer Amazon (NASDAQ:$AMZN) should enter into partnership with struggling conventional retailer Macy’s (NYSE:$M). At least that’s what a handful ... [Read]