US retail giant
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Bezos Adds To Money Mountain With Staggering $13 Billion One-Day Gain
Amazon founder Jeff Bezos is now worth more than the market value of Exxon Mobil, Nike, and McDonald's. Amazon founder Jeff Bezos is now worth more than the market value of Exxon Mobil, Nike, and McDonald's. -
J.C. Penney To Lay Off 1,000 Staff, Close 152 Stores As Virus Wallops Sales
The American department store chain operator is saddled by $4 billion in debt. The American department store chain operator is saddled by $4 billion in debt. -
Amazon Stock Tops $3,000, Boosts Company's Value To Over $1.5 Trillion
The company's shares rose over 5.percent to hit $3,057 for their fourth straight daily gain. The company's shares rose over 5.percent to hit $3,057 for their fourth straight daily gain. -
Jeff Bezos Now Worth $172 Billion, Making Him Richest Man Alive
Bezos owns 57 million shares in Amazon, the biggest online retailer in the world. Bezos owns 57 million shares in Amazon, the biggest online retailer in the world. -
JC Penney To Close Several Stores, Files For Chapter 11 Bankruptcy
Coronavirus pandemic deals heavy blow on the US shopping mall's sales and operations Coronavirus pandemic deals heavy blow on the US shopping mall's sales and operations -
JC Penney Goes Bankrupt, Could Shut Down Nearly 200 Shops Across The US
Retailer has $105 million debt payment due in June and around $300 million of annual interest. Retailer has $105 million debt payment due in June and around $300 million of annual interest. -
Costco Says Sales Fell For The First Time Because Of Social Distance, Stay At Home Orders
Costco's global sales at outlets that operate for at least one year plunged 0.5 percent last month Costco's global sales at outlets that operate for at least one year plunged 0.5 percent last month -
Amazon Sees Current Period Earnings To Be Wiped Out By Virus
Amazon stock dipped around 5 percent in Thursday's after hours trading after posting of earnings report Amazon stock dipped around 5 percent in Thursday's after hours trading after posting of earnings report -
Coronavirus Pandemic Has Forced J.C. Penney To Close Down Shops, File For Bankruptcy
The pandemic-related troubles of J.C. Penney have resulted in lower creditworthiness, talks of potential bankruptcies. The pandemic-related troubles of J.C. Penney have resulted in lower creditworthiness, talks of potential bankruptcies. -
Walmart Hires 100K Staff; Boosts Wuhan Operations With $425 Million Investment
Walmart will build 15 new shopping malls and more community stores in Wuhan Walmart will build 15 new shopping malls and more community stores in Wuhan