Ocado Retail Revenue Soars
Ocado said revenue from Ocado Retail, its joint venture co-owned with Marks & Spencer grew sharply, driven by improved volumes and a record Christmas performance.
Read more at The Wall Street Journal
-
Retail crime 'queenpin' to pay millions in restitution to retailers for theft ring
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...NBC News - Jan. 22 -
Netflix raising prices as subscriptions soar
Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...The Hill - Jan. 22 -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts.CNBC - Jan. 21 -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.NBC News - Jan. 21 -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - Jan. 17 -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - Jan. 16 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3
More from The Wall Street Journal
-
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 6d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 6d -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 6d -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 6d -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - 6d
More in Business
-
FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 11m -
FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 11m -
Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 12m -
RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits
Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...The New York Times - 15m -
Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 18m