retailers
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Tech
Amazon shares slide on disappointing forecast, slowing cloud revenue
Amazon on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors. Shares of the company fell…
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Tech
Sam’s Club reveals plan to eliminate checkout lanes completely with major change
Sam’s Club, the Walmart-owned membership warehouse, is rolling out a major change to its grocery payment system and embracing artificial…
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Tech
Amazon shares slide as weak revenue, AI spending rattle investors
Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for…
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Stories
American Dream megamall flouts 17th century NJ blue laws — and officials aren’t happy
New Jersey’s American Dream megamall is flouting centuries-old Bergen “blue laws,” which demand most retailers close on Sundays — and…
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Tech
Amazon to end ‘Try Before You Buy’ option for Prime members
Amazon is saying goodbye to “Try Before You Buy.” The service, which allowed Amazon’s Prime members to try on select clothing…
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Tech
Online holiday sales rise nearly 9% on mobile shopping boom
US online spending rose nearly 9% during the 2024 holiday season, with shoppers increasingly buying products such as TVs and LEGO sets on their…
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Tech
Amazon labor strike at multiple facilities continues with more workers to join
Amazon workers affiliated with the Teamsters union continued a strike Friday at seven of the company’s delivery hubs just days before Christmas.…
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Tech
Costco’s membership card scanners are already paying off
Costco’s introduction of membership card scanners at the front of US stores is still rolling out, but the move is already paying…
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Business
CVS replaces CEO Karen Lynch with David Joyner as shares tank
CVS Health on Friday replaced CEO Karen Lynch with David Joyner, a CVS veteran who retired before returning to the company…
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Business
True Value files for bankruptcy after 75 years, blames weak housing market for plunging sales
True Value filed for Chapter 11 bankruptcy on Monday and is seeking to sell the 75-year-old business to a rival…
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