Amazon Defends Against FTC Lawsuit, Asserts Transparency in Prime Program
Amazon has challenged the Federal Trade Commission’s (FTC) lawsuit accusing the company of deceptive practices related to its Prime subscription service….
Author: Alicia Thorpe
Starbucks and Union Clash Over Trademarks Amidst Pro-Palestinian Social Media Posts
Starbucks and the labor group representing over 360 of its unionized stores in the U.S. are engaged in a legal dispute…
Las Vegas Sands Sees Asia Lead Covid-Era Casino Revival
Las Vegas Sands, the world’s largest casino company, announced strong third-quarter results driven by its thriving Asian operations. The company reported…
Rite Aid Discloses Over $1 Billion Loss Prior to Bankruptcy Filing
Struggling drugstore chain Rite Aid reported a staggering loss of over $1 billion in the months leading up to its recent…
SHEIN Addresses Forced Labor and Privacy Concerns Amidst IPO Speculation
SHEIN, the global fast-fashion giant valued at $66 billion, faces critical challenges as it contemplates a U.S. IPO. Allegations of forced…
Kohl’s Unveils Holiday Plans to Boost Sales Amidst Economic Flux
As Kohl’s gears up for the holiday season, new CEO Tom Kingsbury is spearheading a strategic refresh, focusing on merchandise selection…
Costco CEO Craig Jelinek to Step Down, COO Ron Vachris to Take the Helm
Costco’s long-serving CEO, Craig Jelinek, is set to step down as of Jan. 1, marking a transition after the company’s robust…
Albertsons Moves Forward With Kroger Merger Despite Consumer Headwinds
Albertsons, the grocery chain, has reported better-than-expected second-quarter results, with adjusted earnings per share eroding less than anticipated, positioning it for…
Walmart Bolsters Third-Party Marketplace To Take On E-Commerce Giant Amazon
As the holiday season approaches, Walmart is intensifying efforts to attract and retain independent sellers on its third-party marketplace, aiming to…
Activist Investor Engaged Capital Targets VF Corp., Advocates for Cost Cuts and Board Changes
Engaged Capital, an activist investment firm, has disclosed a stake in VF Corporation, the parent company of Vans and The North…
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