The directory Amazon Prime Day event runs July 11-12but many of the best deals are already available, if you’re an Amazon Prime member. Uh Oh, Amazon bought your favorite robot company Amazon Prime Day was created for a reason, to get people to register as Amazon Prime subscribers. But the mini-vacation, launched in 2015, has … Read more
JD.com has become the latest Chinese tech giant to announce plans for a ChatGPT-style product, joining the hype around chatbot technology. Qilai Shen | Bloomberg | Getty Images Chinese consumers bought billions of items during China’s first major online shopping festival after emerging from the pandemic as merchants slashed prices, but analysts say consumer confidence … Read more
Walmart has trained pharmacists in specialized HIV treatments in communities hard hit by the virus, and plans to expand the program to nearly a dozen states this year. HIV pharmacies work with local clinics and community groups to try to involve patients in testing and accessing treatment. CVS and Walgreens have launched similar programs, in … Read more
A boarded-up T-Mobile location in New York, after being looted the night before, June 2, 2020. Dan Magan | CNBC Find out which companies are making headlines in the midday business. Lululemon – The activewear company rose 12% on strong first-quarter financial results. The company posted higher revenue and profit and a 24% increase in … Read more
Buy Buy Baby is attracting interest from at least two bidders as its parent company Bed Bath & Beyond struggles to auction its assets and maintain some form of its business, CNBC has learned. An unknown bidder is interested in buying the baby gear retailer as a going concern and keeping about 75% of its … Read more
Lululemon beat the highs and lows in its first fiscal quarter. The sportswear retailer now expects to see annual revenue of $9.44 billion to $9.51 billion, down from a previous range of $9.31 billion and $9.41 billion. China’s revenue alone was up 79% from the year-ago period, when the country was still reeling from Covid … Read more
Macy’s company signage is seen at the Herald Square store on March 02, 2023 in New York City. Michael M. Santiago | Getty Images Macy’s shares fell on Thursday as the retailer slashed its full-year outlook and said it saw sales weaken significantly in late March. Shares of the company fell 10% in premarket trading, … Read more
Target’s decision to remove some LGBTQ-themed merchandise after customer backlash at its stores highlights the problem of companies’ “rainbow capitalism”, said Erik Carnell, a transgender designer whose products have been removed from its stores. Target has been selling LGBTQ-related merchandise related to Pride Month for years. But last week the big-box chain pulled Carnell’s products, … Read more
By Helena Kelly Consumer Reporter for Dailymail.Com 15:40 May 29, 2023, update 16:01 May 29, 2023 Old Navy will close its San Francisco store on July 1 after three decades It is part of parent company Gap’s cost-cutting reorganization Dozens of retailers leave San Francisco, citing high crime rates Retail stalwart Old Navy is set … Read more
People walk near the entrance to a Kohl’s department store on June 7, 2022 in Doral, Florida. Joe Raedle | Getty Images Shares of Kohl soared early Wednesday as the struggling retailer posted a surprise profit as it pursued a turnaround. Shares jumped more than 12% in premarket trading. The retailer reiterated its outlook for … Read more
