Judge rejects rejects Visa, Mastercard $30 billion swipe fee settlementA U.S. judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the settlement on Tuesday. Bob’s Stores, Eastern Mountain Sports file Chapter 11 bankruptcyTwo sister sporting goods and clothing brands are seeking Chapter 11 bankruptcy protection. Amazon adds tech resources for large business customers The latest enhancements to the Amazon Business business-to-business procurement store are aimed at large companies. Amazon investing $10.7 billion in German cloud infrastructure Amazon is making a major commitment to its cloud technology presence in Germany. Kroger beats estimates with lower profits in Q1 The Kroger Company’s net earnings declined year-over-year in the first quarter of fiscal 2024, but still came out ahead of analyst predictions. Retail sales show steady performance in May Retail sales continued following generally moderate growth patterns in May 2024. Exclusive: Overheard at CSA's Retail's Top Women Awards Celebration Chain Store Age honored 28 accomplished female retail executives with "Retail’s Top Women Awards" at a virtual event on June 13. Express sold for $174 million to joint venture that includes three of its landlords Express will live to see another day — thanks in part to three of its key landlords. Amazon invests $1.4B in housing, $230M in generative AI startups Amazon is dedicating significant funding to affordable housing and the development of new generative AI solutions. German eyewear firm to acquire Shopko Optical The only part of discount retailer Shopko that remains in business is getting a new owner that has its sights set on expanding in the U.S. First Previous 10 11 12 13 14 Next Last
