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Amazon Makes $3.9 Billion Healthcare Move – Third Biggest Acquisition to Date26 Jul 2022
Amazon has made another big move into health care. The company has entered into an agreement to acquire One Medical,... |
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Nordstrom Names Executives to Lead Marketing, Private Label26 Jul 2022
Deniz Anders was promoted to chief marketing officer at Nordstrom, replacing Scott Meden, who is retiring. She has been with the retailer for... |
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Best Buy Unveils First Ever Small-Format, Digital-First Store26 Jul 2022
Last fall, we shared how we’re testing new store models in Charlotte, North Carolina and how all of them work together to... |
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Klarna Valuation Plunges 85% to $6.7 Billion as ‘Buy Now, Pay Later’ Hype Fades26 Jul 2022
Klarna saw its valuation slashed by 85% in a new financing round announced Monday, reflecting grim investor sentiment surrounding high-growth... |
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Instacart Cuts Estimated Valuation By Double Digits for the Second Time26 Jul 2022
The grocery delivery start-up Instacart has slashed its estimated valuation for the second time in less than four months. The... |
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Walmart Won’t Hold Rival Event to Amazon Prime Day, as It is Already Offering Big Markdowns12 Jul 2022
Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box... |
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Costco Sales up 20.4% in June12 Jul 2022
Costco Wholesale Corp. maintained its momentum in June with big increases in total sales and comparable sales — helped by... |
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Why Macy’s CEO Jeff Gennette Wants Everyone to Bring Their ‘Authentic Selves’ to Work12 Jul 2022
Macy’s Chief Executive Jeff Gennette sees prices of overstocked items falling soon. “Customers are about to get some amazing deals... |
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GameStop Fires CFO, Reportedly Plans Layoffs12 Jul 2022
GameStop has terminated Chief Financial Officer Michael Recupero’s employment, effective immediately, according to a securities filing. Recupero started...
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Gap and Old Navy Ordered to Pay $24 Million in Back Rent on Stores in Times Square12 Jul 2022
Gap Inc. has lost its appeal. A New York City court rejected an appeal filed by The Gap Inc. and... |
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail.