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Amazon Is Buying iRobot. How Does It Rank Against The E-commerce Giant's Other Big Acquisitions?
Friday, August 5, 2022 - 1:00pm | 893The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ: IRBT), will be acquired by Amazon.com, Inc (NASDAQ: AMZN) for $1.7 billion as the largest e-commerce corporation in the world expands its selection of personal and home electronics items. Amazon announced that it will...
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Former Zappos CEO Tony Hsieh Dies At 46
Saturday, November 28, 2020 - 10:49am | 436Tony Hsieh, the former CEO of Zappos, has died. What Happened: It is being widely reported that Hsieh died on Friday from injuries sustained in a house fire while visiting Connecticut. He was 46 years old. Hsieh led the pioneering shoe retail site Zappos for 20 years, having joined it in 1999 when...
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Breaking Down The Footwear Sector: Adidas Pipeline Still Strong, Under Armour Under Pressure
Thursday, August 17, 2017 - 9:50am | 1354With major footwear brands' second-quarter earnings reports in the books, Benzinga caught up with NPD Group’s footwear analyst Matt Powell to gauge sentiment. The second-quarter sales trend in athletic footwear was better than the first quarter, primarily due to calendar shifts, not...
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Amazon Vs. The Department Store: The Battle Is Just Beginning
Tuesday, September 20, 2016 - 12:00pm | 435Many investors erroneously undervalue and underestimate just how big Amazon.com, Inc. (NASDAQ: AMZN)'s apparel sales are. According to Gadfly's Shelly Banjo, Amazon first bought Zappos in 2009 and sold consumers basic apparel items such as t-shorts, leggings and jeans. Over the coming...
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Did Microsoft Get A Good Deal On LinkedIn's User Base? Here Are 7 Other Buyouts To Compare
Wednesday, June 15, 2016 - 2:34pm | 357A number of Microsoft Corporation (NASDAQ: MSFT) shareholders and analysts have been critical of the lofty $26 billion price tag that Microsoft paid for LinkedIn Corp (NYSE: LNKD) this week. While the market typically analyzes these types of deals in terms of income, revenue and cash flow, one of...
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5 Of The Best Retailers For Kids
Friday, August 8, 2014 - 9:06am | 681Whether shopping for back-to-school, winter holidays, birthdays or in general, shopping for children is a unique experience. Retailers that specialize in children’s clothing, furniture or toys might seem to be the best bet, but that's not always the case. Here are five of the best...
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Is Another LinkedIn Password Leak Coming?
Friday, June 8, 2012 - 2:45pm | 577As the world recovers from a massive leak involving at least 6.5 million LinkedIn (NASDAQ: LNKD) passwords, many users wonder if their information is finally safe. After all, it wasn't that long ago that Zappos.com -- a subsidiary of Amazon.com (NASDAQ: AMZN) -- had an enormous password leak...