Amazon doubled its Prime Day discount sales to four days this year and touted blowout numbers days after the event. But by one critical metric, it missed the mark.
Read More Exclusive: Amazon US Prime sign-ups slow despite expanded promotion, data shows
In his first media call as incoming CEO, Fiddelke said his “number one goal is to get us back to growth.”
Read More Target stock slumps after retailer names insider Fiddelke to CEO role
Companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan.
Read More US companies spending record amounts to protect executives as threats rise
11 individuals were stabbed in a Michigan Walmart on Saturday afternoon, before being detained by a few Marines and bystanders.
Read More 11 injured after ‘random’ Michigan Walmart stabbing attack, suspect facing terrorism charges
Online spending is expected to surge to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event, according to an Adobe Analytics forecast.
Read More Amazon Prime Day set to lift US online sales to $23.8 billion, Adobe estimates
Kraft Heinz said it would also aim to eliminate synthetic dyes from existing items by the end of 2027.
Read More Kraft Heinz to stop launching new products with artificial colors