Tag: superstores
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5 hacks to get the most out of Amazon Prime Day — and other summer sales
[ad_1] Peak deal season is coming. Are you ready? Amazon AMZN, +1.11% is hosting its annual Prime Day from July 11 to July 12. The 48-hour sale is exclusively for members of Amazon’s Prime program, and discounts are expected to fly fast and furiously. “Amazon will offer more deals than any Prime Day event before,…
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Westfield surrenders keys to downtown San Francisco shopping mall to lender
[ad_1] Shopping mall giant Westfield is walking away from its namesake shopping center in San Francisco, in another blow to the city’s downtown core. The San Francisco Chronicle reported Monday that Westfield has stopped making payments on the Westfield San Francisco Centre’s $558 million loan, and Westfield confirmed in an email that it is in…
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Inflation in goods from cereal to soup has given a boost to consumer food stocks. Can Walmart help bring prices, both food and stock, down?
[ad_1] Packaged-food companies that have been steadily increasing prices in an inflationary environment may be facing a formidable opponent, according to a new report. Their biggest customer by far, retail giant Walmart Inc. WMT, -0.25%, is unhappy with their strategy, says the report from research company CFRA. Walmart has recently become vocal about persistent inflation…
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Bed Bath & Beyond: These retailers could pick up the company’s bones
[ad_1] Bed Bath & Beyond Inc.’s bankruptcy could benefit a host of retailers, according to data from analytics company Placer.ai. The struggling home goods retailer and sometime meme stock darling filed for Chapter 11 last month, and the company’s bankruptcy is likely to benefit two categories of retailer, according to Placer.ai. “First, chains looking to expand their brick-and-mortar…
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Where will Bed Bath & Beyond’s customers shop now?
[ad_1] It looks like Bed Bath & Beyond BBBYshoppers will soon become Amazon AMZN, Target TGT and Walmart WMT shoppers. Those are the three retailers that stand to benefit the most from the home-focused retailer’s impending closure, according to a consumer survey from Numerator, a data and technology company. Specifically, 68% of shoppers said they……
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Walmart borrowing $5 billion in debt highlights a thaw in a crucial area of financial markets
[ad_1] Mega retailer Walmart borrowed $5 billion in the corporate bond market on Wednesday, with strong investor demand dialing back borrowing costs for the national chain. Walmart WMT, a big-box retailer with AA credit ratings, was initially expected to raise about $4 billion, but increased its borrowing size and trimmed pricing after order books shaped…