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August 3, 2020
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CNBC Business

Retail rents plummet across New York City, as America’s glitzy shopping districts turn into ghost towns

CNBC
CNBC – For more and to sign up click here Retail rents plummet across New York City, a warning for other areas SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Amazon sales soar as pandemic fuels online shopping

CNBC
CNBC – For more and to sign up click here Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon reported blowout second-quarter results on Thursday, including a huge beat on the top line and double-digit revenue growth year-over-year. The stock climbed about 4.5% after hours after the company beat on both the......
CNBC Business

Men’s Warehouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce

CNBC
CNBC – For more and to sign up click here A Jos. A. Bank store window Source: Getty Images The parent company of Men’s Warehouse announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic.  Tailored Brands said it......
CNBC Business

Macy’s doled out $9 million in bonuses to top execs after thousands of jobs are cut

CNBC
CNBC – For more and to sign up click here Jeff Gennette, chairman and chief executive officer of Macy’s Inc. Mark Kauzlarich | Bloomberg via Getty Images Macy’s doled out $9 million in equity awards to six top executives days after it laid off roughly a quarter of its corporate workforce. ......
BBC - Business

Ocado says switch to online shopping is permanent

BBC
https://www.bbc.co.uk/news/business-53402767 Image copyright PAUL ELLIS/AFP VIA GETTY IMAGES Online grocer Ocado says the switch to internet shopping amid the coronavirus lockdown has led to a “permanent redrawing” of the retail landscape. Its comments came as it said sales during the first half of 2020 jumped 27% to more than £1bn.......
BBC - Business

Scottish shopping centres reopen as lockdown eased

BBC
https://www.bbc.co.uk/news/uk-scotland-53379956 Image copyright Getty Images Image caption Shopping malls have been closed since lockdown restrictions were introduced in March Scotland will see “the most significant easing of lockdown” this week with shopping centres, pubs and restaurants reopening, the first minister has said. From Monday, non-essential shops inside shopping malls will......
CNBC Business

Saks Fifth Avenue says shopping hasn’t dropped as coronavirus cases rise in Florida, Texas

CNBC
CNBC – For more and to sign up click here Luxury retailer Saks Fifth Avenue said it hasn’t seen a change in shopping patterns in Florida, Texas and other states where coronavirus cases are rising. On CNBC’s “Closing Bell,” Saks Fifth Avenue President Marc Metrick said shoppers are still going......
In the News

40 Times People Ordered Things Online But Received Something So Awful, They Just Had To Share (New Pics)

IA
Shopping online is fun, easy, and thus, kinda addictive. Being one click away from the miscellaneous sea of goodies is surely a pleasant feeling, but look, we’re not kids anymore. How many times have you told yourself to read the descriptions, to never underestimate the inkling of doubt if the......
BBC - Business

Shopping centre owner braces for administration

BBC
https://www.bbc.co.uk/news/business-53136807 Image copyright Intu Intu, which owns some of the UK’s biggest shopping centres, has appointed administrators as a “contingency” in case financial rescue talks fail. In March, the owner of the Trafford Centre and Lakeside said it was in talks with lenders about new funding. Intu had been struggling......
CNBC Business

Alibaba and JD.com handle a record $136.51 billion in sales during major Chinese shopping event

CNBC
CNBC – For more and to sign up click here People walk by JD.com advertisements of the 618 Shopping Festival at Wangfujing Street on June 14, 2020 in Beijing, China VCG | Getty Images China’s two biggest e-commerce giants Alibaba and JD.com handled $136.51 billion of sales through their platforms......
Reuters - Business

Amazon launches Saudi Arabia shopping site despite CEO’s dispute with kingdom

Reuters
FILE PHOTO: The logo of Amazon is seen in Lauwin-Planque, northern France, April 22, 2020. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company’s chief executive, Jeff Bezos.......
BBC - Business

DPD to hire 3,500 drivers amid online shopping boom

BBC
https://www.bbc.co.uk/news/business-53079884 Image copyright DPD Image caption DPD expects the boom in online shopping to continue The delivery firm DPD is hiring thousands more staff to help meet the surge in demand for goods bought online. The company plans to recruit 3,500 drivers and 2,500 support staff including mechanics and parcel......
Sports Illustrated - MMA

Sports Gambling 101: What is Best Odds Shopping?

Sports Illustrated
SI – For more and to sign up click here Roy Larking Few people check out the selection and prices at just one dealership prior to purchasing a vehicle. The same applies to sports betting, as players will often find different odds and prices by checking the lines at a......
In the News

Twitter Users Are Discussing “The Shopping Cart Theory” That Determines If They Are Good Or Bad

IA
OK, so there’s this theory floating around Twitter that says it can determine whether someone is a good or a bad person faster than any religion or psychology test. From the looks of it, the theory originated in the dark corners of 4chan but it became really popular when Jared......

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