Elon Musk will acquire Twitter for $44 billion, hints at ‘everything app’The world’s wealthiest person is returning to a planned $44 billion purchase of Twitter, with motives including developing a mysterious app called “X.” DTC brand Parachute expands — into the living room and in brick-and-mortarParachute is spreading its wings. Report: Amazon puts corporate retail hiring on hiatus Amazon is reportedly taking a break from bringing new corporate retail employees on board. Secondhand fashion marketplace Poshmark acquired in billion dollar deal Poshmark has agreed to be acquired in a deal valued at approximately $1.2 billion. Moody’s Analytics: To survive, malls must share in the risks of their tenants American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. NRF: Consumers still spending; a recession would likely be ‘mild’ Concerns about high inflation and the Federal Reserve interest rate hikes intended to bring it under control, haven’t stopped consumers from spending. Report: Walgreens expands robotic pharmacy fulfillment centers Walgreens is reportedly moving forward with a supply chain automation pilot involving prescription medications. Amazon launches new savings hub, renames discount Prime program Amazon is responding to inflation concerns with a “one-stop shop” for its discount offerings and a rebranding of a reduced-price Prime membership. Rite Aid Q2 loss widens; execs discuss shoplifting problems in NYC Rite Aid posted weak results for its second quarter. QVC parent company names COO Qurate Retail Group has appointed a veteran supply chain and customer service executive to head up its operations. First Previous 194 195 196 197 198 Next Last
