Retail sales increased sharply in January, with gains across the board Retail spending rose well ahead of expectations in January, boosted by a new round of stimulus checks. CVS Health sales, earnings top estimates; ramping up investments in health careCVS Health Corp. reported stronger-than-expected fourth-quarter profit and revenues amid a rise in pharmacy sales and forecast a strong year ahead. Adidas to sell Reebok; will focus on its own brand Adidas is parting ways with Reebok. Swiss chocolatier to assume leases of 34 U.S. Godiva stores Läderach – chocolatier suisse is expanding its fledgling U.S. footprint. The fastest-growing retailer in the cannabis industry doesn’t sell cannabis The fastest-growing retail cannabis business in the United States saw its revenue rise 140% in 2020, fueled by a same-store sales increase of 63%. Walmart completes sale of Asda Walmart Inc. has finalized the acquisition of its U.K. supermarket chain. Joann files for IPO Joann is leveraging the surge in arts-and-crafts amid the pandemic to file to go public. Rihanna’s lingerie brand to expand with retail stores Victoria’s Secret is facing a new rival with a fast-growing following and strong celebrity ties. Under Armour swings to Q4 profit; to leave some retailers and focus on own channels Under Armour reported better-than-expected results for its fourth quarter amid strong online and expense management. Report: Tesla invests heavily in bitcoin, will accept as payment The electric vehicle manufacturer owned by Elon Musk is reportedly becoming the first major automaker to accept bitcoin as currency for payment. First Previous 214 215 216 217 218 Next Last
