Category: Retail News
Amazon hires Hawaiian Air to fly rented Airbus cargo jets to replace older freighters
Amazon has also teamed up with another U.S. airline, Sun Country, to fly cargo jets. [...]
Warby Parker, once online-only eyeglasses retailer, plans hundreds of more stores
Warby Parker, among the first startups to use a direct-to-consumer model, plans hundreds of eyewear stores for growth, and a future in telemedicine. [...]
Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy
The rapper and designer has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with public threats. [...]
Big bargains will dominate the holiday season, but shoppers may not be sold
Retailers are discounting computers, toys and more to try to sell off excess inventory and encourage budget-conscious shoppers to spend. [...]
Oppenheimer upgrades Dick’s Sporting Goods, says stock is underappreciated and poised to rally
Oppenheimer says investors are underappreciating shares of Dick's Sporting Goods [...]
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. [...]