Amazon’s big Prime Day sale runs July 12 and 13
The event is also a big revenue driver for other retail sites, which often offer competing discounts to consumers. Source
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Retail industry
Warehouse giant Prologis, a major Amazon landlord, to buy rival Duke Realty in $26 billion deal
This comes after Duke Realty in May rejected a nearly $24 billion buyout offer from Prologis, calling it insufficient. Source
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Walmart launched a lot of apparel and home brands. Now, that strategy will be put to the test
The retailer's desire to sell more high-margin items has taken on urgency after it disappointed Wall Street with first-quarter earnings.
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The biggest mall owner in the U.S. hopes to create a new sales holiday as inflation surges
CNBC spoke with Simon Property Group CEO David Simon about this weekend's event, the state of the retail industry and
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‘Losing my mind’: Bonobos founder who helped transform Walmart opens up about mental health struggles
Andy Dunn, co-founder of Walmart-acquired Bonobos, opens up in his new book about struggling to manage his bipolar disorder while
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‘Buy now, pay later’ firms were already in trouble. Apple just gave them one more thing to worry about
Apple's move into the crowded "buy now, pay later" space has raised the stakes for the fintech companies that pioneered
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Stitch Fix is laying off 15% of its salaried employees, internal memo says
Stitch Fix is laying off 15% of salaried positions within its workforce, mostly in corporate roles and styling leadership positions.
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Fanatics strikes deal with colleges, student-athletes to launch Topps trading cards
Fanatics will begin offering trading cards featuring participating college athletes beginning in the fall. Source link
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Bank of America downgrades Target as consumers pull back discretionary spending
Bank of America on Wednesday downgraded Target to a neutral rating from buy. Source link
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