CVS slowing down store expansionCVS Health Corp. posted strong second-quarter earnings that easily beat Street estimates and raised its earnings forecast as it starts to reap the benefits of its acquisition of health insurer Aetna Inc. Group warns that new tariffs on tech goods would carry a high costThe consumer technology industry is sounding the alarm about the Trump administration’s plans to impose new 10% tariffs on imported Chinese products. Nike’s latest acquisition is a company whose co-founders are on staff at MIT Nike is ramping up its ability to anticipate consumer needs by buying a company that uses data to predict customer behavior. Barneys lands new lenders for better financing Barneys New York has secured new financing to continue operations as it looks for a white knight. Target lets Gen Z entrepreneurs show their stuff The first-ever Target Incubator concluded with a demo day for all eight participants. What has six wheels and makes Amazon deliveries – in California? Amazon is taking its Scout autonomous delivery device from the Seattle area to a sunnier climate. Shopko Optical has big expansion plans Shopko has gone out of its business as a discounter, but its optical division is not only alive but expanding. Petco growing in-store vet hospitals Petco is expanding its wellness services for pets. Barneys files for bankruptcy; will close most stores Barneys New York filed for bankruptcy protection with a plan to shrink its store footprint as it looks to find a buyer to breath new life into its struggling operations. Analysis: Experts weigh in on Barneys’ bankruptcy filing The $75 million loan that Barneys seeks approval of from Gordon brothers and Hilco comes at a high interest rate with generous fees. First Previous 1297 1298 1299 1300 1301 Next Last
