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Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
In Suing Amazon, FTC's Lina Khan Turns Her Earlier Pricing Argument on Its Head
The government’s antitrust lawsuit is a more streamlined complaint that leaves out some allegations from the FTC chair’s famous law-school paper. Source link
Amazon's New Challenge: Bargain Retailers That Are Playing a Different Game
The e-commerce giant is weighing how to respond to the growing threat from two competitors offering bargain goods. Source link
Amazon to Put Ads in Prime Video Shows and Movies
An ad-free option will cost Amazon Prime members an extra $2.99 a month. Source link
Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link
Amazon Searches for Its Next Big Hit
Listen to article (1 minute) The team atop Amazon.com has been pushing for years to find what they call a “fourth pillar,” an internal shorthand