1. Technology & Innovation

Apple’s Record-Breaking $110 Billion Stock Buyback

Written by Posted on Less than 0 min read

Apple Inc., one of the world’s largest tech companies, has just made history with the largest stock buyback ever seen in the United States. The announcement comes as the tech giant’s board approved an additional $110 billion in share repurchases.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Media & Marketing

Senate majority leader Schumer says TikTok ban ‘should be looked at’

Senate majority leader Chuck Schumer said that legislators should look closely at TikTok and its owner ByteDance. American security experts and politicians have raised concerns about ByteDance’s relationship with the Chinese government. View Original Article Editor's Choice Government Marketing: Social Media TikTok RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Channel: Delivery

New DoorDash Customers Are Turning to the App for Grocery Deliveries and Flowers, Not Just Restaurant Meals

DoorDash is experiencing a rise in orders from new customers seeking non-restaurant items such as groceries and flowers, with CEO Tony Xu noting that the company attracts more first-time non-restaurant customers than any other platform. The company’s expansion into the grocery sector has led to a surge in total orders, reaching 532 million in a… […]
< 1 min read
0
  1. ESG

Hardly Any Plastics Can Be Recycled According to a New Study

Are all the plastic items households recycle annually really being reused? A new study says no. View Original Article Sustainability Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon fought net-zero emissions bill in Oregon

Amazon.com lobbied against a bill in Oregon that would have required data center operators in the state to achieve net-zero carbon emissions by 2040. The retail and technology giant fought the legislation despite pledging to reach net-zero emissions by 2040. Amazon spokesperson David Ward said the company opposed the bill because it did “not address […]
< 1 min read
0
  1. Channel: Dollar/Value

Family Dollar lowers prices to compete with Dollar General

Family Dollar is cutting prices in an effort to win over cash-strapped consumers from competitors such as Dollar General. The chain, according to analysts, has dropped its prices by around five percent since going public with its initiative in August. Family Dollar’s prices are often between 10 and 15 percent higher than Dollar General’s. View […]
< 1 min read
0
  1. Operations & Supply Chain

TJX says high costs to weigh on margins

TJX Cos. is forecasting that its margins will be under pressure as supply chain and labor costs remain high. The company, which owns HomeGoods, Marshalls and T.J. Maxx, reported better-than-expected results in the fourth quarter with net sales rising five percent. View Original Article Associates Operations & Supply Chain RetailWire Member since October 25, 2020 […]
< 1 min read
0
  1. Technology & Innovation

LG Invests $60 Million in Bear Robotics Startup

Bear Robotics, a startup headquartered in Redwood City, California, that is setting out to make hospitality management easier is being backed by LG Electronics for $60 million. View Original Article Dept. Nonfood Tech: Robotics RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Trends & External Forces

FTC planning to sue Amazon over marketplace practices

The U.S. Federal Trade Commission (FTC)is expected to file a lawsuit in the coming weeks alleging that Amazon.com rewards third-party marketplace sellers that use its logistics services and penalizes those that do not. The FTC last week accused Amazon of duping millions of consumers into joining its Prime subscription program. View Original Article Amazon Consumers […]
< 1 min read
0
  1. CPG: Food

Oscar Mayer Will Hire Hotdoggers for $35,600 To Drive the Weinermobile

Are you someone who enjoys adventure and wouldn’t mind touring the country in one of America’s most iconic vehicles? If yes, you might be one of the people Oscar Mayer is seeking. View Original Article KraftHeinz RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Subway confirms it’s up for sale

Subway, one of the world’s most recognizable fast food brands, has confirmed that it is on the market for acquisition. The 58-year-old company said Tuesday that its shareholders are “exploring a possible sale” of the company and that it has hired J.P. Morgan to help conduct the process.  A price tag wasn’t announced in Subway’s […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

UPS Secures USPS Air Cargo Deal as FedEx Ends Partnership

United Parcel Service (UPS) recently announced a significant shift in its operations, becoming the primary air cargo provider for the United States Postal Service (USPS). This comes in the wake of FedEx’s decision to terminate its more than two-decade-long partnership with USPS. View Original Article Delivery Operations & Supply Chain Partnerships RetailWire Member since October […]
< 1 min read
0
  1. Holiday & Events

A rail strike would not cancel Christmas for retailers

Retailers are concerned about what a national rail strike would mean for their supply chains should it take place but are not worried about it having any effect on their Christmas season sales. One-third of all freight in the U.S. moves by rail. Brian Dodge, president of the Retail Industry Leaders Association, believes that Congress […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Fake red-soled Louboutins sold on Amazon could set precedent for accountability

In a long fought dispute, a court in Luxembourg has cleared the way for shoe designer Louboutin to try to hold Amazon responsible for the sale of lookalikes of its iconic red-sole designs by third-party sellers in the online marketplace. The Court of Justice of the European Union (CJEU) said Amazon could rightfully be held […]
< 1 min read
0
  1. Channel: Marketplace

Shopify’s Stock Plummets 19% After Earnings Report

Shopify, the Canadian e-commerce company, faced a significant drop in its stock value after releasing its first-quarter results. View Original Article Shopify International - North America Results & Investment RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over […]
< 1 min read
0
  1. Operations & Supply Chain

Retailers are ditching free online returns

Retailers including Abercrombie & Fitch, Anthropologie, H&M, J.Crew and Zara now charge customers stocking fees for returned merchandise. Americans returned 47 percent of the items they ordered online this year, according to parcelLab. View Original Article Dept. Apparel Returns RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Department: Consumer Durables

Lululemon is looking to sell Mirror

Lululemon athletica is looking to sell its Mirror in-home fitness system. The company has approached Hydrow, which sells connected rowing machines for the home. The two companies declined to comment on the report. View Original Article Health & Wellness Dept. Apparel Editor's Choice RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is […]
< 1 min read
0
  1. Department: Consumer Durables

Old Navy expects design change to increase dress sales

Old Navy is doubling the number of dresses it sells with pockets to drive spring sales. The retailer decided to add pockets based on consumer research, which found that more than half of the women surveyed said their favorite dresses have pockets. View Original Article Consumers Dept. Apparel Technology & Innovation RetailWire Member since October […]
< 1 min read
0
  1. Technology & Innovation

Driverless Robotaxis Roll Out in Los Angeles

In Hollywood, if you spot a car cruising without a driver, don’t panic. About 50 driverless robotaxis hit the streets of Los Angeles this Thursday. View Original Article Autonomous Vehicles RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for […]
< 1 min read
0
  1. Holiday & Events

Retail sales fell in November and December

Retail sales fell 1.1 in December following a revised decline of one percent in November, according to the Commerce Department. October’s sales were up 1.3 percent as many Americans began their holiday shopping early in 2022. View Original Article Holiday & Events RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Channel: Mass

Walmart Discreetly Shut Down 101 Locations Last Year

According to Walmart’s investor website, the giant quietly reduced its number of stores by 101 between January and August last year. View Original Article Brick and Mortar Walmart RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 […]
< 1 min read
0
Next