One of the more notable transformation stories in tech recently is Amazon (NASDAQ: AMZN). This does not negate the investment case for Amazon, but profiting from Amazon will require investors to look at the internet and direct marketing retail stock in a different light. After years of profits, Amazon's e-commerce operations now lose money...
Continue ReadingAuthorities who scrutinized other grocery deals tended to examine local market share in specific geographic regions...
Continue ReadingOn Oct. 14, Kroger announced plans to purchase rival grocer Albertsons, potentially upping its revenue to $200 billion and employing over 700,000. But some insiders aren’t convinced the deal will pass muster with regulators...
Continue ReadingIn 2011, U.S. retail giant Walmart Inc made a bet on Africa, buying a majority stake in South African retailer Massmart in what many investors saw as a step toward dominating the continent's vast untapped market...
Continue ReadingIn 2011, U.S. retail giant Walmart Inc made a bet on Africa, buying a majority stake in South African retailer Massmart in what many investors saw as a step toward dominating the continent's vast untapped market. More than a decade later, Massmart's balance sheet is burdened with debt, its books are deep in losses and it's drowning in lease obligations on commercial properties. From its late entry into e-commerce to an ill-fated foray into fresh foods, Walmart's African journey over the last decade has been a string of missteps, compounded by economic headwinds and the COVID-19 pandemic...
Continue ReadingIn 2011, U.S. retail giant Walmart Inc made a bet on Africa, buying a majority stake in South African retailer Massmart in what many investors saw as a step toward dominating the continent's vast untapped market. More than a decade later, Massmart's balance sheet is burdened with debt, its books are deep in losses and it's drowning in lease obligations on commercial properties...
Continue ReadingHawaiian Holdings (HA), t... AMZN, HA...
Continue ReadingU.S. e-commerce giant Amazon said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down fake review brokers. Amazon has long been battling with fake or manipulated reviews and the problem has only worsened as more people flocked to its site for shopping during the coronavirus lockdowns. Tens of thousands of people have joined dedicated channels on the Telegram instant messaging site where anonymous intermediaries sign people up to write glowing five-star reviews for products on Amazon in return for financial reward...
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Continue ReadingTruist analyst Michael Ci... ATSG, AMZN...
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