Category: Retail News
Amazon faces $1 billion class action lawsuit in the UK over alleged antitrust breach
The lawsuit alleges Amazon exploited its so-called "Buy Box" to steer shoppers toward its own products and those of third-party sellers. [...]
Kevin Durant is the latest athlete to buy a Major League Pickleball team
Kevin Durant and Rich Kleiman are the latest athletes to buy a Major League Pickleball team. [...]
2 takeaways from our daily meeting: Recession-proof stocks, Club names in the news
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Evercore ISI downgrades Best Buy as consumer electronics market comes under pressure
Expect little upside to shares of Best Buy in the near term as deflation returns to consumer electronics, Evercore ISI says. [...]
Amazon debuts home insurance store in the UK in latest move into finance
Amazon will start selling home insurance in the U.K. through partnerships with local insurers, further expanding its push into financial services. [...]
Procter & Gamble’s earnings beat as higher pricing offsets drop in volume
Shares of Procter & Gamble have fallen 21% this year, dragging its market value down to $306.4 billion. [...]
NFL Black Friday game coming to Amazon in 2023
The NFL's first Black Friday game is set to stream on Amazon in 2023. That day is usually associated with Christmas shopping deals at stores. [...]
Recession or not, investments in this sector have shown resilience in tough times
Alcohol consumption may not be drastically affected if a recession hits, although there may be some downtrading to cheaper drinks, experts said. [...]
3 takeaways from our daily meeting: Banks as market leaders, 3 trades and keeping CRM
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m ET. [...]
Peloton’s top human resources executive is leaving the company
Peloton Chief People Officer Shari Eaton is leaving the company to pursue another opportunity. [...]