[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…
Tag: wholesale
Closing of Kroger, Albertsons, C&S Deal Postponed
[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…
Ocado Sees Further Revenue Growth Supported by Volumes
[ad_1] Ocado Group said it expects revenue to further increase in fiscal 2024 supported by volume growth after a record Christmas performance. The online grocer and retail-technology specialist on Tuesday…
Statistics Canada says manufacturing and wholesale sales rose in November
[ad_1] OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in…
Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.
[ad_1] Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is…
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…
Companies Aren’t Done Cutting White-Collar Jobs
[ad_1] After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Xerox, Google and BlackRock this month…
WSJ News Exclusive | CVS is Closing Pharmacies Inside Some Target Stores
[ad_1] CVS Health plans to close dozens of pharmacies inside Target stores at a time when pharmacy chains are struggling to grow retail profits. CVS will close the pharmacies between…