Although the Massachusetts Institute of Technology comes in first, the top retailer in the Forbes America’s Best Large Employer study was H-E-B at number five. Among retailers, Trader Joe’s at 16 and Costco Wholesale at 25 come in next. Wegmans at 44 and...
EBay has acquired 3PM Shield LLC, a provider of advanced AI-based marketplace compliance solutions, to enhance the e-tailer’s fraud monitoring solutions. 3PM Shield will provide new technology developed to prevent the sale of counterfeit items, unsafe products and...
In a sudden revelation, Heyward Donigan is departing Rite Aid where she was president, CEO and a board member, the company announced, adding that it has appointed Elizabeth “Busy” Burr interim CEO effective immediately. Rite Aid stated that the company has initiated a...
Online retailers continue to launch and expand physical store concepts, as is the case with eBay, which is opening the Luxury Exchange in New York City to capitalize on the skyrocketing value of authenticated luxury items by letting shoppers exchange goods from top...
One-time charges aside, eBay managed to beat a Wall Street earning estimate in the second quarter, even if sales and earnings slipped. Net loss from continuing operations was $536 million, or 96 cents per diluted share, versus net income of $294 million, or 43 cents...
