FedEx to end Amazon contract for FedEx Express plane service
(Reuters) – FedEx Corp on Friday decided to not renew its contract with Amazon.com Inc for U.S. cargo delivery through FedEx Express, the unit that delivers packages on planes, a…
Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years
LAS VEGAS (Reuters) – Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as…
Nordstrom cuts 2019 forecast after quarterly results miss big
(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a…
Walmart’s first-quarter U.S. comparable sales rose, e-commerce slows
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo (Reuters) – U.S. retailer Walmart Inc on Thursday reported…
Amazon aims to bring one-day delivery to Prime members around the globe
(Reuters) – Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that might…
Payless ShoeSource to start liquidation sales at stores
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April 4, 2017. REUTERS/Carlo Allegri/File Photo (Reuters) – U.S. discount retailer…
National Enquirer owner defends reporting on Amazon’s Bezos
NEW YORK (Reuters) – The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of “extortion and blackmail” from Amazon.com Inc Chief Executive Jeff Bezos,…
Amazon removes numerous products from India site as new e-commerce rules bite
NEW DELHI/MUMBAI (Reuters) – E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing it to take down an array of items from its…
Amazon sales outlook disappoints after record holiday quarter
(Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, dimming the online…
Supermarket retailer Casino to sell six stores to rival Leclerc
FILE PHOTO: The logo of Casino shop is seen in Nice, France, January 15, 2019. REUTERS/Eric Gaillard/File Photo PARIS (Reuters) – French supermarket retailer Casino (CASP.PA), in the process of…