Retail
Rite Aid Stock Plummets After Albertsons Merger Falls Through
The Rite Aid-Albertsons merger terminated after the two companies came to a mutual agreement to do so. Shareholders of both companies were anticipated to vote over the deal tonight. Rite Aid-Albertsons Merger Terminated The announcement ... [Read]
Restaurants
Papa John’s Inc Stock Falls After Earnings Miss
Papa John’s stock is falling on the market today after reports surfaced that the company missed its anticipated earnings last quarter. John Schnatter Not Backing Down The company has been fighting back and forth with ... [Read]
Retail
London Receipt Startup Flux Partners with UK Food Chain itsu
London fintech startup Flux has added another partner to its list: the UK food chain itsu. Flux digital receipts are an embellished concept of digitizing receipts, offering more information back to customers and merchants about their ... [Read]
Retail
Startup JetLenses is Using Data Science to Sell Lenses at Lower Prices
JetLenses is a new startup selling contact lenses to its customers for lower prices than leading competitors. It can do this because of its business plan that reroutes the overhead costs associated with ordering contact ... [Read]
Retail
Blue Apron Revenue Drops by 25% in Q2, but the CEO isn’t Worried
The Blue Apron earnings report is out, and things aren’t looking good. After announcing a nearly 30% revenue drop, the Blue Apron Holdings stock plunged nearly 10% in pre-market trade. And the stock is continuing ... [Read]
Restaurants
Red Robin Shares Tank After Q2 Earnings Surface
The Red Robin earnings report released, resulting in the company’s shares tanking over 20% today. Shares of Red Robin are closely on track today for the lowest close since February 2013. Red Robin (NASDAQ:RRGB) Stock ... [Read]
Retail
House of Fraser has “No Viable Future” as Store Suffers Rescue Deal Termination
British retail department store House of Fraser (LSE:HOF) has an ambiguous future ahead of itself. The failing retailer has suffered another blow as its potential new owner has walked away from a deal which may ... [Read]
Manufacturing - Apparel & Furniture
Naked Brand Group Has Partnered with CVS Health; Stock Up 38%
Naked Brand Group partners with CVS Health and now the stock is soaring. At press time, the stock is up more than 30%. Naked Brand Group Partners with CVS Health On Tuesday, Naked Brand Group ... [Read]
Entertainment
AMC Networks Acquires RLJ Entertainment Inc and Stock Flies Today
AMC Networks acquires RLJ Entertainment in what the company is calling a “going-private” merger. AMC Networks Acquires RLJ Entertainment: Merger AMC is acquiring RLJ for around $274 million, and the company will be paying in ... [Read]
Entertainment
Helios and Matheson Opens Down After Falling 70% on Friday
A string of bad luck is upon the Helios and Matheson stock. After plunging last week, closing down more than 70% on Friday, shares are continuing to take a hit this Monday morning. But why? ... [Read]