Amazon announced it will be creating 1,500 full-time jobs at its Salt Lake City, Utah fulfillment center on Wednesday.
*Amazon/Whole Foods deal positive for Ocado, CEO says. LONDON, July 5- British online grocer Ocado has seen a pick-up in enquiries from U.S. supermarket groups interested in possible partnership deals in the wake of Amazon's $13.7 billion deal to buy Whole Foods, its boss said on Wednesday. Amazon's takeover of Whole Foods has brought renewed focus on online...
*KKR has made non-binding bid of A $3.50/ share. July 5- Embattled Australian internet company Vocus Group Ltd said it will open its books for KKR& Co LP to conduct due diligence, a sign it may accept a $1.66 billion buyout approach dismissed by investors weeks earlier as too low. KKR's indicative offer soon after, of A $3.50 per share, was two-thirds below its price a...
Nike's chance to do business on Amazon's online marketplace could generate massive revenue boosts, Jennifer Sabas writes in Breakingviews.
LONDON, July 3- British milkmen could be a thing of the past in some areas if a trial of driverless grocery deliveries direct to your door by online retailer Ocado gets the green light. "It seemed like a really exciting experience", Tobie Cusson said of the CargoPod trial in South London, which involved choosing from a selection of healthy treats, a collection of movie...
NEW YORK, June 30- Amazon.com Inc's game-changing move to upend the grocery business with a surprise deal to buy Whole Foods Market Inc compounds a problem already vexing fund managers: how to play U.S. consumer spending when the Seattle- based e-commerce giant is threatening to take over retail. Low unemployment and a solid housing market boost consumer stocks,...
Jay Sole, Morgan Stanley, discusses his outlook for Nike after the company released its earnings report. The “Fast Money Halftime Report” traders weigh in.
Aleks Musika, Musika Frere, and Chris Diamantopoulos, "Silicon Valley," talk about building the Musika Frere brand on Instagram. It's a live resume, says Musika.
Corinna Freedman, Berenberg senior analyst, provides her take on Nike's earnings and the company's plan to team up with Amazon.
A former Amazon employee says the deal is a bad move on Nike's part, Racked reports.
As meal kit service Blue Apron's IPO kicks off, Eric Kim, Goodwater Capital managing partner & co-founder, and David Seaburg, Cowen & Co. managing director, discuss how the company will able to grow as a public company with increased competition in food and grocery.
CNBC's Bob Pisani reports on Blue Apron's share price ahead of the company's IPO and the overall IPO market.
Josh Hix, Plated co-founder and CEO, weighs in on the new food economy as more companies compete in the meal by mail space.
Amazon will kick off its third Prime Day on July 10 at 9 pm ET.
*Beef is fastest-growing meat sector in China. *China beef imports worth $2.6 billion in 2016. BEIJING, June 29- China's top online retailers and U.S. superstore giant Walmart are scrambling to satisfy the voracious appetites of consumers excited about the first American beef to arrive in the world's most populous nation in 14 years.
Kathleen Smith, Renaissance Capital founder, talks about the pricing of Blue Apron's IPO as competition in the meal delivery space expands. Also Smith provides her thoughts on the outlook on the IPO market and anticipation of Uber's public debut.
Alibaba said the new investment will increase its stake in Lazada from 51 percent to 83 percent.
June 28- Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping. Buyout firms largely have refrained from attempting leveraged buyouts of U.S. retailers in the past two years, amid...
June 28- Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping. Buyout firms have largely refrained from attempting leveraged buyouts of U.S. retailers in the last two years, amid...
Prime Day, Amazon's annual sale for its Prime members only, is usually held in mid-July.