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United States

Melissa Fares

Amazon rivals ride on Prime Day marketing as protests unfold

3:38pm EDT

NEW YORK Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales.

Retailers cash in on Amazon's 'free marketing' on Prime Day

7:00am EDT

NEW YORK, July 15 Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales.

Arizona cancels incentive for Nike plant after 'terrible decision' to recall sneaker: governor

Jul 03 2019

Arizona's governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world's largest sportswear maker canceled release of a sneaker featuring a colonial-era version of the American flag, which critics say reflects links to slavery. | Video

When controversies hit, wait-and-see no longer works, U.S. companies find

Jun 28 2019

NEW YORK When Bank of America Corp held its annual meeting in April, activists insisted it stop financing private prison companies.

Rent the Runway, Nordstrom team up to boost convenience, attract customers

Jun 28 2019

NEW YORK Nordstrom Inc and Rent the Runway announced a partnership on Thursday that aims to draw more foot traffic into the department store while making the clothing rental service more convenient so it can improve service to existing customers and attract new ones.

Wayfair employee walkout called over alleged furniture sales to U.S. migrant camp

Jun 25 2019

Wayfair Inc came under pressure on Tuesday after hundreds of employees were reported to be planning a walkout over the retailer's alleged sale of more than $200,000 in bedroom furniture for a Texas detention facility for migrant children.

FedEx profit beats estimates, warns of pain in 2020 from trade war

Jun 25 2019

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

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