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Amazon Cuts Dozens of House Brands
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off
NYSE, Nasdaq Battle for New Listings
Nasdaq wins Instacart and Arm, while NYSE snags Birkenstock and Klaviyo. Source link
Campbell's Sauce Upgrade Looks to Be Worth the Cost
The food company’s acquisition of Sovos, maker of the premium Rao’s tomato sauce, isn’t cheap. But it makes good strategic sense. Source link
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans. Source link
Amazon Shines During Apple's Off-Season
One tech titan snaps its growth slump, while the other remains mired in it. Source link
Amazon Delivers Surprisingly Strong Profit
The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link
CVS Reports Stronger Demand
The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business. Source link
Fast Fashion Aims to Mend Its Image With Repairs
Brands are encouraging shoppers to patch up their old clothes instead of throwing them out as they face growing environmental scrutiny. Source link
CVS to Shed 5,000 Jobs in Cost-Cutting Push
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link
Local Malls, Stuck in 'Death Spiral,' Plunge in Value
Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source link
