Amazon Will Elevate Dave Clark to CEO Worldwide Consumer25 Aug 2020
Amazon will have a new CEO of its Worldwide Consumer business early next year. According to an SEC filing, Dave... Continue Reading
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The Michaels Companies Names New CFO25 Aug 2020
The Michaels Companies has added new expertise to its c-suite to position the company for sustainable, long-term growth. The arts... Continue Reading
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Taco Bell is Taking a Page from Chipotle’s Playbook with Its New Mobile Ordering Drive-thrus25 Aug 2020
Taco Bell will launch a new kind of restaurant in 2021: Taco Bell Go Mobile. The new Go Mobile restaurants... Continue Reading
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Foot Locker Reports 18.6 Pct Comp Sales Rise25 Aug 2020
Foot Locker, Inc. reported that second-quarter comparable-store sales rose 18.6 percent, as the sportswear retailer reported better-than-expected earnings and reinstated... Continue Reading
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Ross Stores’ Q2 Sales Down By 33%25 Aug 2020
Ross Stores Inc. warned of challenges tied to the pandemic ahead as it reported weaker sales for its latest quarter,... Continue Reading
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Home Cooking On Demand: This Food Delivery Company Just Raised $8.8 Million21 Aug 2020
Over 26,000 US restaurants have permanently closed their doors since pandemic lockdowns began in March. Yet delivery apps like DoorDash... Continue Reading
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Craft Distillers Have Lost Out on More Than $700 Million in Sales Because of the Pandemic21 Aug 2020
Craft distillers across the country were forced to shut down their tasting rooms and tours at the start of the... Continue Reading
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7-Eleven Joins the Pumpkin Spice Latte Trend with September Release21 Aug 2020
The fall brings crunchy leaves, football, apple picking and, maybe most importantly, pumpkin spice treats. While fall doesn’t officially start... Continue Reading
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Johnson & Johnson Adds to Debt Frenzy, Borrows $7.5 Billion to Buy Momenta21 Aug 2020
Johnson & Johnson leveraged its top AAA credit ratings on Thursday to borrow $7.5 billion worth of cheap funding for... Continue Reading
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Walmart Second-Quarter Results Crush Estimates, as eCommerce Sales Jump 97%20 Aug 2020
Walmart posted its biggest earnings surprise in 31 years Tuesday as shoppers rushed in to spend their stimulus checks, and... Continue Reading
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Target Soars Most Since March as a Big Retail Winner in Pandemic20 Aug 2020
For nearly all retailers, the pandemic has meant shoppers check out less often and stock up on each trip. But... Continue Reading
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Simon Property Group, Authentic Brands Venture Wins Brooks Brothers with $325M Bid20 Aug 2020
Chief Judge Christopher Sontchi of the U.S. Bankruptcy Court of the District of Delaware on Friday approved the $325 million... Continue Reading
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