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Zacks News
Company News for January 05, 2017
by Zacks Equity Research
Companies In The News are: ONCE,CCL,SHAK,AMZN,CC
Is 2017 the Year of the Retail Glut?
by Madeleine Johnson
It???s not even 10 days into the New Year, and some of the biggest retail brands in the country have announced major store closings due to dismal holiday season sales and the continued shift to online shopping.
Wal-Mart (WMT): Sam's Club CEO to Retire; Stock Declines
by Zacks Equity Research
Shares of the giant retailer Wal-Mart Stores Inc. (WMT) fell 1.3% on Friday after it announced that Rosalind Brewer, the chief executive officer (CEO) of its warehouse chain Sam's Club, will retire next month.
Can Kohl's (KSS) Strategic Initiatives Counter the Headwinds?
by Zacks Equity Research
Kohl's Corporation (KSS) has been grappling with numerous headwinds since the past many quarters due to a difficult sales environment and cautious consumer spending. However, Kohl's has been making continuous efforts to improve its base business.
Investors Should Not Give Up on Office Depot: Here's Why
by Zacks Equity Research
Office Depot (ODP) has undertaken a strategic review of its business operating model, growth prospects and cost structure to bring itself back on growth trajectory.
Whirlpool Introduces New Laundry Combo & Waste Recycler
by Zacks Equity Research
Whirlpool Corp. (WHR) is always on the look out for ways that can make the lives of people easier, while taking care of the environment at the same time.
IBM Watson to Power Panasonic's Cognitive Infotainment
by Zacks Equity Research
International Business Machines (IBM) has recently announced its partnership with Panasonic Automotive to introduce Cognitive Infotainment system at the CES.
Shopify Up Over 8% on Rumors of Partnership with Amazon
by Zacks Equity Research
Shares of Shopify Inc. (SHOP) jumped more than 8% on Jan 5, following rumors that the e-commerce company is going to close a major sales partnership with Amazon
Microsoft Reportedly Gaining Traction in Auto IoT Space
by Zacks Equity Research
Microsoft Corporation (MSFT) is reportedly pushing forward in the auto technology space with the introduction of new software and services.
Amazon to Open Brick & Mortar Bookstore in New York City
by Zacks Equity Research
Amazon.com, Inc. (AMZN) is planning to open a brick-and-mortar bookstore in New York City.