Home Tag "Amazon"

Grocery Stock Prices Tumble On News That Amazon & Whole Foods Will Be Integrating Their Businesses And Will Immediately Set Lower Prices

US based grocery stock prices immediately tumbled yesterday on the news that Amazon and Whole Foods will be working to integrate their businesses and that come Monday customers will immediately see “lower prices on a selection of best-selling staples across the more than 450 Whole Foods stores. Shares of Kroger, Costco, Sprouts Farmers and Supervalu […]

The Electric Car Reinvented By Dyson?

Jack Ma Alibaba May Soon Reclaim Title Of World’s Most Valuable Online Retailer; A Position Now Held By The Jeff Bezos Controlled Amazon.

Alibaba the Chinese online ecommerce juggernaut, headed by Jack Ma, could soon reclaim the title of world’s most valuable online retailer; a position now held by the Jeff Bezos controlled Amazon. This as Alibaba’s stock rose nearly 5% to an all-time high today after the company reported sales and profits for its second quarter that […]

The Electric Car Reinvented By Dyson?

Amazon Owner Jeff Bezos Back At #2 World’s Richest Man

Amazon owner Jeff Bezos briefly overtook Microsoft co-founder Bill Gates to become the world’s richest man after the value of his stake rose above $85bn.  Amazon’s shares sunk in after-market trading after posting profits at a seven-quarter low. Employees at the leading tech groups are seeing a boom in their stock-based pay unrivalled since the […]

The Electric Car Reinvented By Dyson?

Bezos Targets Big-Box Retailers With Whole Foods Acquisition.

Given its reputation to upended and disrupt book selling, retailing, newspapers and other industries it enters, Amazon.com planned acquisition of Whole Foods Market Inc. for $13.7 billion, has sent shockwaves across both the online and brick-and-mortar industries around the world. Grocery chain stock prices plunged on Friday with Wal-Mart Stores falling as much as 7.1 […]

The Electric Car Reinvented By Dyson?

Investors Reward Telsa And Amazon With Higher Market Caps Compared To Their Peers

Tesla the upstart electric carmaker for example has roared ahead of Ford and has now surpassed the US motor pioneer in market value, as investors look to a future beyond the internal combustion engine. Analysts however are not convinced of the sustainability of this as they remind investors that Ford earns money, lots of it […]

The Electric Car Reinvented By Dyson?

Payless Bankruptcy Will Not Impact Operations In The Caribbean.

Shoe chain Payless ShoeSource has filed for Chapter 11 bankruptcy protection, becoming the latest retailer to succumb to increasing competition from online rivals like Amazon. Payless will be closing nearly 400 of the over 4,400 stores it has in more than 30 countries and reduce its debt by almost 50 percent, Initial press reports suggest […]

The Electric Car Reinvented By Dyson?