Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland.

Amazon has been promoting own products at the expense of big brands

Alex Wong | Getty Images Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland. Amazon‘s latest experiment to promote its own products — like toilet paper, electric toothbrushes and probiotics — […]

Opening day of the world's biggest Zara store with 6,000...

Zara owner Inditex to sell all its brands online by 2020

Inditex, the world’s largest clothing retailer and owner of the Zara chain, said on Tuesday it would sell products from all its brands on the Internet around the world by 2020, including in markets where it does not have any stores. Faced with younger, online-only merchants like Boohoo.com and Missguided, the Spanish company which pioneered […]

An attendee walks through the Smith & Wesson booth at the NRA's annual meeting.

American Outdoor Brands jumps more than 15 percent after earnings beat

Shares of American Outdoor Brands Corporation jumped more than 12 percent after the bell on Thursday after the company reported earnings that beat Wall Street analysts’ expectations. Here’s how the company did compared with Thomson Reuters consensus estimates: Earnings per share: 21 cents vs. 12 cents expected Revenue: $138.8 million vs. $134.5 million expected This […]

A woman walks past a Victoria's Secret store at Huaihai Road in Shanghai, China.

L Brands earnings Q2 2018

L Brands, the parent of Victoria’s Secret and Bath & Body Works, on Wednesday lowered its profit outlook, which overshadowed quarterly earnings and revenue that topped analysts’ expectations. The company said it now expects full-year earnings per share between $2.45 and $2.70, down from its previous forecast for earnings per share between $2.70 and $3. […]

PepsiCo, Constellation Brands are disrupting their businesses

PepsiCo, Constellation Brands are disrupting their businesses

According to CNBC’s Jim Cramer, companies that don’t disrupt their own businesses “end up getting crushed by those who do.” He highlighted two companies, PepsiCo and Constellation Brands, that are taking steps in the right direction. On Sunday, PepsiCo announced it was acquiring at-home carbonated drink maker SodaStream for $3.2 billion. SodaStream’s all natural, environmentally-friendly […]