Tag: shares

News & Trends

Alibaba shares soar 8% despite being slapped with record $2.8bn fine

April 12, 2021

Via: Charged

Alibaba has seen its shares jump nearly eight per cent this morning despite it being slapped with a record $2.8 billion antitrust fine by Chinese regulators. Alibaba, which has been at the centre of a significant crackdown on big tech […]

News & Trends

Poshmark sales top estimates in its first quarterly report as a public company, but outlook disappoints; shares fall

March 11, 2021


Poshmark’s revenue topped analysts’ estimates, in its first financial report since going public in January. But the online seller of secondhand clothing issued a weaker-than-expected sales outlook for the current quarter. Poshmark’s stock tumbled more than 12% in after-hours trading. […]

E-commerce, Retail Types

GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift

March 8, 2021


Shares of GameStop jumped more than 45% after the company announced Monday that it has tapped Chewy co-founder Ryan Cohen to lead its shift to e-commerce. Cohen is serving as chairman of a special committee formed by GameStop’s board to […]

E-commerce, Retail Types

Ebay sales falter as analysts call Amazon the “primary culprit”

January 29, 2020

Via: Charged

Ebay has seen its shares dive five per cent after it warned investors that it would miss analyst estimates this quarter, with experts citing Amazon as the “primary culprit”. The online marketplace said that earnings for its first quarter will […]

E-payment & Data Security, News & Trends, Tech

Walmart focused on digital, dials back store growth

October 11, 2017

Via: Retail Dive

Walmart, the biggest retailer in the world that until last year, practically left its e-commerce operations to drift, is doing what many analysts love to see in an era when Amazon dominates headlines. Presentations at its investors day in Arkansas […]

Customer Experience, Loyalty Programs, Retail Types, Stores

Discount retailer outperforms in Q2

August 28, 2017

Via: Chain Store Age

Big Lots topped Street estimates in its second quarter as shoppers continue to seek out bargains. Net income rose 28.2 % to $29.1 million, or $0.67 per diluted share, in the quarter ended July 29, 2017, from adjusted income of […]