Walmart launches new grocery brand BetterGoods

Walmart launches new grocery brand BetterGoods

People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. On Tuesday, the big-box retailer said it will roll out a private label called BetterGoods, a line … Read more

Amazon says 60% of Prime orders are arriving same day or next day

Amazon says 60% of Prime orders are arriving same day or next day

Products are seen at an Amazon fulfillment center where they are being sorted and shipped out as same-day orders during Cyber Monday at the Same-Day Delivery Facility Fulfillment Center in Tampa, Florida, on Nov. 27, 2023. Octavio Jones | Getty Images News | Getty Images Amazon says it is getting even more packages to customers … Read more

Amazon aggregator Thrasio loses CEO, other execs in bankruptcy process

Amazon aggregator Thrasio loses CEO, other execs in bankruptcy process

Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Katie Schoolov Thrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months after the former highflier filed … Read more

Walmart-backed fintech One introduces buy now, pay later

Walmart-backed fintech One introduces buy now, pay later

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned. The move puts … Read more

Express files for bankruptcy, plans to close nearly 100 stores

Express files for bankruptcy, plans to close nearly 100 stores

Pedestrians walk past an Express Inc. store in New York, U.S., on Wednesday, May 31, 2017. Mark Kauziarich | Bloomberg | Getty Images Longtime mall retailer Express filed for Chapter 11 bankruptcy on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it.  … Read more

Autonomous drone startup Zipline hits 1 million deliveries

Autonomous drone startup Zipline hits 1 million deliveries

A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it’s eyeing restaurant partnerships in its next phase of … Read more

The American dollar store falls on hard times

The American dollar store falls on hard times

A Family Dollar Stores Inc. store in Hyattsville, Maryland, US, on Wednesday, March 13, 2024. Dollar Tree Inc. expects to close about 600 Family Dollar stores in the first half of fiscal 2024 and shut down an additional 370 Family Dollar and 30 Dollar Tree locations as their leases expire. Bloomberg | Bloomberg | Getty … Read more

How climate change is beginning to be added to employee pay and perks

How climate change is beginning to be added to employee pay and perks

As more employees seek ‘green’ perks and more companies return to pre-pandemic office work, commuting is a likely place to focus efforts to embed climate change within workplace benefits culture. Jeff Greenberg | Universal Images Group | Getty Images More workers in today’s labor market want to take action on climate change in some way … Read more

Top Wall Street analysts like these 3 dividend stocks for passive income

Top Wall Street analysts like these 3 dividend stocks for passive income

When markets get rocky, dividend-paying stocks can give investors’ portfolios the cushioning they need to ride out volatile times. Finding the right dividend payers can be difficult, though. Investors can turn to the expertise of Wall Street analysts who can identify stocks with long-term growth potential and the ability to generate the solid cash flows … Read more

How Walmart, Chipotle are splitting the wealth of record stock market

How Walmart, Chipotle are splitting the wealth of record stock market

Chipotle and Walmart have been among the movers in the universe of big U.S. corporations when it comes to raising pay and offering debt-free college tuition assistance to large, low-wage workforces. Now, they’re sharing another tactic the companies say will have a long-term payoff for employees: publicly traded stock splits. In a rapidly rising stock … Read more