retail

Amazon as Potential Platform for Nike to Sell It’s Products

Amazon as Potential Platform for Nike to Sell It’s Products

After Goldman Sachs (NYSE: GS) announced that Nike Inc. (NYSE: NKE) could potentially start selling directly on Amazon.com Inc (NASDAQ: AMZN), Nike Inc’s shares rose as 2 percent. This change can raise competition for brick-and-morta..

IMPINJ Shares on Decline After Downgrade

IMPINJ Shares on Decline After Downgrade

Analyst Brad Erickson at Pacific Crest Securities downgraded IMPINJ Inc. (NASDAQ: PI) from Overweight to Sector-Weight rating. IMPINJ shares fell to 7.18 percent at $55.11 on Tuesday.This comes as the stock has more than doubled in the past thr..

Warren Buffett's Berkshire Hathaway Inc. Invests in Commercial REIT Store Capital

Warren Buffett's Berkshire Hathaway Inc. Invests in Commercial REIT Store Capital

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.B) has acquired 9.8% stake in Store Capital Corp. (NYSE: STOR), a real estate investment trust (REIT) from Scottsdale Arizona. This is an interesting development, as many investo..

Bed Bath & Beyond Reported Disappointing Earnings

Bed Bath & Beyond Reported Disappointing Earnings

Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Thursday posted worse-than-expected earnings, sending the company’s shares down more than 10 percent.The home-furnishings retailer said profit dropped more than 30 percent to $75.3 million, or ..

Staples Surges on $6 billion Buyout Report

Staples Surges on $6 billion Buyout Report

Shares of Staples, Inc. (NASDAQ: SPLS) surged on Thursday after Reuters reported that Private equity firm Sycamore Partners is in talks to acquire the U.S. office supplies retailer.According to Reuters’ report, the New York-based pri..

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon.com Inc. (NASDAQ: AMZN) on Friday announced to buy Whole Foods Market Inc. (NASDAQ: WFM) for $13.7 billion, including debt, a move that will help Amazon expand its online grocery business as well as the brick-and-mortar retail grocery market...

Gymboree to Close Up to 450 Stores, Filing for Bankruptcy

Gymboree to Close Up to 450 Stores, Filing for Bankruptcy

The Gymboree Corporation (NASDAQ: GYMB), a Kids’ clothing retailer, filed for a Chapter 11 bankruptcy reorganization to reduce its debts. The company also announced to close stores in respond to the pressure on retailers.Gymboree was foun..