1. Technology & Innovation

Trump Media & Technology Group Suffered Huge Losses in 2023

Written by Posted on Less than 0 min read

Shares of Trump Media & Technology Group (TMTG), the owner of Truth Social, saw a sharp decline on Monday following the revelation of substantial losses in 2023.

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. Channel: Ecommerce & Digital

Amazon begins charging for some returns made to the UPS Store

Amazon.com is charging $1.50 per return to the UPS Store when a Whole Foods, Kohl’s or Amazon Fresh location is closer, according to The Information. The charges are being applied to returns made for reasons including a “change of mind” and an “accidental order.” View Original Article Amazon Delivery Dept. Fresh Returns Store Location Whole […]
< 1 min read
0
  1. Media & Marketing

Google News Blocks California Media News Links in Response to Proposed Law

Google has decided to block links to California news websites due to proposed state legislation that would require big tech companies to pay news outlets for their content. View Original Article Google Technology & Innovation BigTech RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Channel: Delivery

DoorDash reports strong demand for home deliveries

DoorDash’s first quarter revenues were up 40 percent as the company saw strong demand for its delivery services. The company narrowed its loss to $161 million compared to $167 million a year earlier. DoorDash said total orders increased 27 percent year-over-year. View Original Article Delivery DoorDash Food Delivery RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. CPG: Food

Delta Air Lines’s Special Eclipse Flight Fails

On April 8, Delta Air Lines took to the skies with two exclusive flights aimed at chasing the solar eclipse from Austin and Dallas to Detroit. However, passengers were left without the anticipated full eclipse experience they were promised as part of the special flight package. View Original Article Mars Inc. RetailWire Member since October […]
< 1 min read
0
  1. Department: Food

Walmart CEO sees high prices persisting in center store categories

Walmart CEO Doug McMillon said that grocery inflation is not evenly distributed. “What we’re seeing is that if you take the fresh food categories, commodities, things like proteins, things are starting to move. Chicken right now is more expensive, but beef is down. Fruit and vegetable is in pretty good shape,” he said. “But dry […]
< 1 min read
0
  1. Merchandising

Retailers adapt as customers hunker down

Retailers are catering to their most loyal customers and focusing on everyday staples to drive sales when many Americans have reduced spending on discretionary items. Chains are also offering discounts to attract attention but doing so strategically to avoid margin erosion. View Original Article Marketing: Trade Pricing & Promotions RetailWire Member since October 25, 2020 […]
< 1 min read
0
  1. Stores & Formats

Marks & Spencer goes bullish on physical with 20 new stores

Marks & Spencer, the major UK-based food and apparel retailer, is demonstrating its commitment to the art of physical store retailing with a $587 million investment in big, new stores in 2023-24. The retailer estimates it will take 3,400 new employees to run the UK locations.  “Stores are a core part of M&S’s omni-channel future […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Lowers iRobot Deal Price by 15% After Roomba Maker Incurs Fresh Debt

Amazon.com has reduced the price it will pay for iRobot, the maker of Roomba vacuum cleaners, by approximately 15% to around $1.42 billion. The decision comes after iRobot incurred fresh debt and entered a $200 million financing facility. Under the amended deal, Amazon will now pay $51.75 in cash for each share of iRobot, down… […]
< 1 min read
0
  1. Channel: Specialty & Other

Landlords find new tenants to fill Bed Bath & Beyond space quickly

Bed Bath & Beyond is shuttering 400 stores as it seeks ways to remain viable. Landlords for shopping centers housing the former Bed Bath & Beyond stores are finding plenty of takers for the space as HomeGoods, Ross, TJ Maxx and others open new locations. View Original Article Bed Bath & Beyond Brick and Mortar […]
< 1 min read
0
  1. Corporate Finance

Toy store says its money is tied up in SVB debacle

Camp, a toy retailer backed by venture capital, sent an email to customers last week saying that it was slashing prices to raise enough money to continue operating its business after its money got tied up in the Silicon Valley Bank failure. Customers can use the “BANKRUN” promotional code to save 40 percent on all […]
< 1 min read
0
  1. Technology & Innovation

AI evangelists say the tech will change the way we work

Artificial Intelligence tools promise to help take over the grunt work from humans and provide them with the information they need to be more productive in their jobs. Many caution that the technology is still developing and will take time to reach its potential. Open AI CEO Sam Altman, the company behind CHatGPT, said systems […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks Launches Spicy Lemonade Refreshers

Starbucks is spicing things up this spring with the launch of its new Spicy Lemonade Refreshers. These refreshing beverages are inspired by the popular “swicy” trend, which blends sweet and spicy flavors to create a tantalizing taste experience. View Original Article Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Data & Insights

Amazon’s New Feature Enables Sellers To Create Listings Through a URL Using AI

Amazon’s latest innovation uses generative AI to extract information from an item’s URL on external sites and automatically generates an Amazon listing. View Original Article Amazon AI Technology & Innovation 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. CPG: Food

Cheese Recall Linked to Listeria Outbreak

A renowned cheese producer, Sargento Foods from Wisconsin, is facing repercussions from recalls connected to Rizo-López Foods, a dairy company in California, due to a lethal listeria outbreak. View Original Article Dept. Dairy Dept. Fresh Dept. Refrigerated RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Post Holdings to acquire pet food brands from J.M. Smucker

Post Holdings will acquire Kibbles ’n Bits, Nature’s Recipe, 9Lives and other pet food brands from J.M. Smucker for $700 million in cash and shares of common stock worth $500 million. View Original Article Acquisition Dept. Grocery Dept. Pet RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Channel: Delivery

Instacart’s sales and profit margins jump ahead of IPO

Instacart reported that its revenues jumped more than 50 percent in the fourth quarter, and its profit margins rose more than 80 percent. The delivery service is reportedly closer to filing an initial public offering of its stock. View Original Article Delivery Instacart Results & Investment Start Ups RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Associates & Employees

Tyson Foods Shuts Down Pork Plant, Jobs Lost

Tyson Foods, the meat company, declared on Monday the permanent closure of its pork plant in Perry, Iowa. This decision will affect approximately 1,200 employees. View Original Article Associates Dept. Fresh RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Trends & External Forces

Oxfam Report Reveals Concerns Among Amazon and Walmart Warehouse Workers Over Extreme Surveillance

Both Amazon and Walmart use excessive surveillance in their warehouses and the “concerning” implementation poses a serious risk to employees’ health and well-being, according to a recent report by Oxfam. View Original Article Associates Amazon Walmart Operations & Supply Chain Health & Wellness RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is […]
< 1 min read
0
  1. Media & Marketing

Twitter suspends journalists from major new outlets

Twitter said that it has suspended the accounts of journalists from CNN, The New York Times, Voice of America, The Washington Post and others. The social media site’s owner, Elon Musk, said in a tweet that the journalists were sharing details about his whereabouts and that these reports amount to “assassination coordinates” for those who […]
< 1 min read
0
  1. Channel: Grocery - Natural

Whole Foods and Amazon Fresh Offer Unlimited Deliveries for $10 a Month

Amazon has unveiled a new program that allows customers of both Whole Foods and Amazon Fresh to receive unlimited grocery delivery for just $10 per month. View Original Article Amazon Delivery Dept. Fresh Whole Foods RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry […]
< 1 min read
0
Next