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Amazon Vs. Walmart: Who Will Be The First To Conquer The Skies With Drone Delivery?
Wednesday, June 5, 2024 - 3:40pm | 594Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT) are the two largest American companies in online retail. The rivalry has now set its new sights on online drone delivery: Who will be the first to conquer the skies? Amazon Drone Delivery: When then-CEO of Amazon Jeff Bezos appeared on 60...
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Online Retailer Zulily To Shut Down Amid Ongoing Business Complications
Thursday, December 28, 2023 - 1:23am | 455Online retailer Zulily has announced its shutdown due to ongoing business complications. An official statement posted on the company’s homepage revealed the decision was made to “conduct an orderly wind-down of the business to maximize value for the companies' creditors....
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Cyber Monday Update: Bargain-Conscious Online Consumers Increase Spend
Tuesday, November 28, 2023 - 1:47pm | 509Consumers are becoming more price-conscious and took full advantage of discounted offers on Cyber Monday. Goldman Sachs collected data from Adobe, Salesforce, and Mastercard, among others. Each company reported online sales growth at the start of Cyber Week. Categories such as electronics, footwear...
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Analysts Like Target's Strong Comps, Interested In Move To Omnichannel Business
Thursday, May 23, 2019 - 1:08pm | 691Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...
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UK E-Retailer Ups Stakes In US Market Despite Amazon's Prowess
Thursday, August 10, 2017 - 10:54am | 655Express, Inc. (NYSE: EXPR)'s stock has more than halved over the last year. Everyone’s forsaken Abercrombie & Fitch Co. (NYSE: ANF), and Urban Outfitters, Inc. (NASDAQ: URBN) suffers comps deterioration. But the climate of young-adult retail isn’t a deterrent for ASOS plc (LON:...
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How Empathy Will Save Brick-And-Mortar Retail
Saturday, May 27, 2017 - 6:49pm | 756The death of brick-and-mortar retail is a well-worn topic. Amazon.com, Inc. (NASDAQ: AMZN) is crushing. Online is the future. Yadda, yadda. But Loup Ventures analyst Andrew Murphy has a different perspective. “We don’t typically talk about the percentage [of] sales that happen offline,...
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A Look At Alibaba's Singles' Day Success
Friday, November 11, 2016 - 9:40am | 274Alibaba Group Holding Ltd (NYSE: BABA)'s Singles' Day once again has been a massive success, generating an amazing $1 billion in just the first four minutes and 54 seconds of the launch. 2016 is expected to be the biggest Singles' Day ever, which is now considered the world's biggest shopping event...
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Is Amazon Unstoppable? Gene Munster Thinks So
Monday, May 2, 2016 - 1:59pm | 332Warren Buffett had some flattering remarks for Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos, but does that automatically translate to a screaming buy for the stock? Piper Jaffray's Gene Munster was a guest on CNBC and answered that exact question. According to Munster, Amazon won't...
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3 Companies That Should Benefit From Amazon's E-Commerce Disputes
Tuesday, August 12, 2014 - 8:21am | 858Amazon (NASDAQ: AMZN) is playing hardball with The Mouse. The online retail giant is not allowing its consumers to accept pre-orders of several Walt Disney (NYSE: DIS) movies, including Maleficent and Captain America: The Winter Soldier. As the Wall Street Journal notes, Amazon has used this...