In the first quarter, Amazon drove sales and earnings past Wall Street expectations as each of its major divisions showed gains and new plans got underway, including the development of a new Whole Foods Market store concept. Net income increased to $10.43 billion, or...
As the company continues its growth in the New York metropolitan area, Wegmans Food Markets has announced it will open its first Long Island store in the community of Lake Grove, NY. The 100,000-square-foot store will operate in the DSW plaza at the corner of Middle...
Costco is the highest-ranked big retail boss outside of the car business on Forbes’ Best Large Employer list. Costco ranked 17th on the Forbes’ list of top 500 large U.S. employers. The Children’s Hospital of Philadelphia is the best large employer...
Quietly, to the extent that it does anything quietly, Amazon is moving to establish its second technology-driven retail revolution, apparent in its launch of the Style physical store format. Amazon led the e-commerce revolution, and now is experimenting to find the...
Just-wave-your-hand-to-pay purchasing is emerging from Amazon and heading to airports across North America. Hudson, with more than 1,000 outlets in airports, commuter hubs, landmarks and tourist destinations in North America, has announced it has become the first...
