US retail

The Latest

  • Kroger Shares Surge As Berkshire Hathaway Purchases Substantial Stake
    Berkshire Hathaway
    Berkshire Hathaway has just disclosed that it had purchased 19 million shares of US retailer Kroger during its fourth quarter.
  • Simon Property Group To Buyout Taubman Centers In $3.6 Billion Deal
    Simon Property Group
    Simon Property Group has agreed to acquire Taubman Centers, paying it $52.50 per share, in a deal with an estimated value of $3.6 billion.
  • Target Reports Disappointing 2019 Holiday Season Sales
    Target Holiday Earnings
    Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices.
  • Bed Bath & Beyond Sees Stocks Soar After Hiring Of New CEO
    Bed Bath & Beyond
    Bed Bath & Beyond's stock prices surged by as much as 22 percent on Wednesday following the company's announcement of its new CEO.
  • eBay CEO Exits As Company Considers Asset Sale
    eBay CEO
    E-commerce company eBay announced on Tuesday that it has removed its president and CEO Devin Wenig and is looking for a new replacement.
  • U.S. Retailers Cry Foul Over Trump’s New Tariffs
    Donald Trump
    Trump escalates trade war but U.S. retailers express strong disappointment over the U.S. president’s latest move.
  • 12,000 U.S. Retail Shops Seen To Close By End Of The Year
    RETAIL
    America's retail supremacy suffers carnage due to stiff competition, massive downsizing and loss of consumer appetite
  • Best Buy Names Current CFO Corie Barry As New CEO
    Best Buy CEO
    Best Buy has announced that its current CFO Corie Barry will be replacing the outgoing CEO Hubert Joly in June.
  • Amazon Says It Will Create 500 New Permanent Jobs In Australian Warehouses
    Amazon boxes
    Amazon has responded to claims that workers in its Australian warehouses suffer from a poor and high-pressure working environment. The US tech giant said it will create 500 permanent jobs in the country.
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