Juul raises over $750 million in expanded funding round
FILE PHOTO: A sign advertising Juul brand vaping products is seen outside a shop in Manhattan in New York City, New York, U.S., February 6, 2019. REUTERS/Mike Segar (Reuters) –…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior for a lower annual sales forecast, becoming the latest company…
Trade war dims outlook for U.S. business operations in China: survey
WASHINGTON (Reuters) – U.S. companies doing business in China are still making profits there, but 81% say escalating trade tensions between the world’s two largest economies have affected their business…
Sainsbury’s says not talking to internal candidates for CEO succession
FILE PHOTO: Shoppers walk past the first ’till-free’ Sainsbury’s store in London, Britain, May 1, 2019. REUTERS/Toby Melville (Reuters) – Sainsbury’s (SBRY.L) is not talking to internal candidates about succession…
Macy’s shares sink as discounts to clear inventory hurt, tourism drops
(Reuters) – Macy’s Inc (M.N) cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted…
Macy’s sinks as discounts to clear inventory backfire, tourism drops
(Reuters) – Macy’s Inc (M.N) slashed its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted…
Exclusive: J.C. Penney taps debt restructuring advisers – sources
(Reuters) – J.C. Penney Co Inc (JCP.N) has hired advisers to explore debt restructuring options that would buy more time for the money-losing U.S. retailer to forge a turnaround, people…
Amazon U.S. rivals get sales boost on Prime Day: Adobe
(Reuters) – Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc’s Prime Day shopping event as online shoppers also flocked to their websites, Adobe Analytics…
Amazon offers $10 to Prime Day shoppers who hand over their data
(Reuters) – Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the…
Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s…