retail

Anthem Teams Up with CVS Health

Anthem Teams Up with CVS Health

Anthem Inc (NYSE: ANTM) announced that they will partner with CVS Health Corp (NYSE: CVS) in launching their own pharmacy benefit management company called IngenioRX that will take place in January of 2020. The company’s contract with Express ..

Paypal Announces Venmo Now Accepted at Millions of Retailers

Paypal Announces Venmo Now Accepted at Millions of Retailers

On Tuesday, Paypal Holdings Inc (NASDAQ: PYPL) announced that Venmo, its mobile payment service, is now accepted at over two million U.S. retailers, allowing Venmo users to shop at locations where Paypal is also accepted. Retailers include Lululemon..

Coach to Become Tapestry Inc.

Coach to Become Tapestry Inc.

 On Wednesday, Coach Inc. (NYSE: COH) announced plans to change their corporate name to Tapestry Inc. Shares dropped 2% in early trading after the announcement that Tapestry will be the holding company that will house their Coach, Kate Spa..

Walmart Makes Returns Easier

Walmart Makes Returns Easier

By choosing to address a problem that often frustrates its customers, Wal-Mart Stores Inc (NYSE: WMT) may have just gained an edge over Amazon.com, Inc. (NASDAQ: AMZN), which has been trying to spread its wings in the former's marketplace for a ..

Trader Joe’s Hit by Whole Foods Price Cuts

Trader Joe’s Hit by Whole Foods Price Cuts

After Amazon.com, Inc. (NASDAQ: AMZN) acquisition of Whole Foods, cost cuts as well as internal restructuring has been hurting rivals, such as Trader Joe’s, the most. Whole Foods’ foot traffic jumped 17% year over year the week of price ..

Wal-Mart Buy Delivery Startup Parcel

Wal-Mart Buy Delivery Startup Parcel

Wal-Mart Stores Inc. (NYSE: WMT) on Tuesday announced to acquired NYC’s startup Parcel, a company that focus on same-day groceries deliveries.Brooklyn-based Parcel provided same-day and overnight delivery service and operates 24 hours per day,..

Bed Bath & Beyond Posts Disappointing Earnings

Bed Bath & Beyond Posts Disappointing Earnings

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares tumbled over 15 percent on Wednesday as the company reported quarterly revenue and earnings that missed analysts’ estimates.The home goods retailer reported second-quarter sales fell 1.7 percent..