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Walmart won't battle Amazon for Whole Foods for a very simple reason (WMT)
News 6 hours ago
Walmart won't battle Amazon for Whole Foods for a very simple reason (WMT)

Walmart isn't planning to challenge Amazon's $13.7 billion bid for Whole Foods, Reuters reported Friday, citing a source familiar with the matter....

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We tried Amazon's new clothing line with amazing work staples for men
News 9 hours ago
We tried Amazon's new clothing line with amazing work staples for men

Amazon  has introduced its own clothing brands in recent years. Some of the clothing is Amazon-branded — Amazon Essentials — but most of it is...

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The number of buy-to-let purchases has plummeted
News 17 hours ago
The number of buy-to-let purchases has plummeted

The number of properties being bought by landlords in order to be rented, known as buy-to-let, has fallen by almost half since last year,...

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Warren Buffett lives in a modest house that's worth.001% of his total wealth — here's what it looks like
News 1 day ago
Warren Buffett lives in a modest house that's worth.001% of his total wealth — here's what it looks like

Located in a quiet neighborhood of Omaha, Nebraska lies the home of billionaire Warren Buffett. He bought the house for $31,500 in 1958 or about ...

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A key fallout of the retail apocalypse has been going on for decades
News 1 day ago
A key fallout of the retail apocalypse has been going on for decades

A significant consequence of the downturn in brick-and-mortar retailing is that thousands of people are losing their jobs.  In May, there were...

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Here's where Americans are buying their groceries (WMT)
News 2 days ago
Here's where Americans are buying their groceries (WMT)

A battle is heating up between America's top grocers, and so far, there are only a couple clear winners. Walmart and its warehouse chain, Sam's...

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Walmart should still terrify Amazon and Whole Foods (WMT)
News 2 days ago
Walmart should still terrify Amazon and Whole Foods (WMT)

Investors are grossly overestimating the impact to Walmart of Amazon's bid for Whole Foods, according to Moody's. Amazon's offer of $13.7 billion,...

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Existing-home sales jump more than expected
News 2 days ago
Existing-home sales jump more than expected

US existing-home sales rose more than forecast in May, according to the National Association of Realtors.  Sales of existing condos, co-ops, and...

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I bought a Costco vacation — here's why the retailer has completely changed how I book travel
News 2 days ago
I bought a Costco vacation — here's why the retailer has completely changed how I book travel

When I told friends I was going to Puerto Rico, they were jealous. When I told them I booked the trip through Costco, that jealousy transformed...

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Whole Foods keeps signaling the death of the brand as we know it
News 3 days ago
Whole Foods keeps signaling the death of the brand as we know it

Amazon said last week that it intends to buy Whole Foods for $13.7 billion.  Since then, executives have made numerous comments hinting at future...

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GOLDMAN SACHS: The death of malls will fuel 'degentrification'
News 3 days ago
GOLDMAN SACHS: The death of malls will fuel 'degentrification'

As nationwide chains gobbled up retail space across the country, they did so at the expense of smaller mom-and-pop shops.  But now, as the brick...

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12 modest but insanely expensive homes for sale in Silicon Valley
News 3 days ago
12 modest but insanely expensive homes for sale in Silicon Valley

In Silicon Valley, the more suburban area south of San Francisco, house-hunters find a confluence of a mild climate, a strong economy with high...

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We visited a restaurant that's powered by machines instead of people — here's what it's like
News 3 days ago
We visited a restaurant that's powered by machines instead of people — here's what it's like

As automation sweeps the restaurant industry, fast food execs may look for inspiration from Eatsa — a small chain that is powered by machines...

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Go inside the hottest neighborhood in San Francisco, where home prices have risen 75% in the last 5 years
News 4 days ago
Go inside the hottest neighborhood in San Francisco, where home prices have risen 75% in the last 5 years

For a long time, Bernal Heights was the best kept secret in San Francisco real estate. Short commutes into downtown, relatively affordable homes,...

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COWEN: We counted at least 7 retail companies that can't get eaten up by Amazon (AMZN, COST, WFM, ROST, WMT, TJX, TIF, LVMH, BID)
News 4 days ago
COWEN: We counted at least 7 retail companies that can't get eaten up by Amazon (AMZN, COST, WFM, ROST, WMT, TJX, TIF, LVMH, BID)

Amazon spread its reach further into the retail industry on Friday when it announced its jaw-dropping acquisition of Whole Foods for $13.7 billion...

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Britain's house prices fell in June for the first time since 2009
News 4 days ago
Britain's house prices fell in June for the first time since 2009

LONDON — Asking prices for UK homes fell by 0.4% in June, according to property website Rightmove, the first price decline in the month since 2009...

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We just got our first concrete evidence that running for president was good for Trump's businesses
News 6 days ago
We just got our first concrete evidence that running for president was good for Trump's businesses

President Donald Trump's latest financial disclosure showed that the general election campaign and early months of his presidency have been pretty...

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Dying malls across the US are being transformed into churches
News 6 days ago
Dying malls across the US are being transformed into churches

As the retail apocalypse sweeps the US, hundreds of malls are being deserted. But a blessed few are being transformed into something entirely...

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Harvard researchers say one-third of Americans overpay for housing — and renters have it the worst
News 6 days ago
Harvard researchers say one-third of Americans overpay for housing — and renters have it the worst

Paychecks across the US are being forked over to landlords. One in four renters spends more than half their income on housing, according to the...

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The US government wants a court to hand over millions of Palantir shares allegedly used in a money-laundering scheme
News 1 week ago
The US government wants a court to hand over millions of Palantir shares allegedly used in a money-laundering scheme

The US government has filed a lawsuit asking  to take ownership of 2.5 million shares of preferred Palantir stock that were allegedly caught up in...

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UBS: Here's what Amazon's deal for Whole Food means for Costco, Walmart and Target (AMZN, WFM, COST, DG, DLTR)
News 1 week ago
UBS: Here's what Amazon's deal for Whole Food means for Costco, Walmart and Target (AMZN, WFM, COST, DG, DLTR)

Amazon just bought Whole Foods and sent shares of its grocery competitors off the cliff.   Now that Whole Foods is looking like it will be part of...

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This could be Amazon's next big acquisition (AMZN, DG)
News 1 week ago
This could be Amazon's next big acquisition (AMZN, DG)

Amazon is planning to acquire Whole Foods for $13.7 billion, but if it really wants to shake up the grocery sector, it should consider buying...

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Barclays strategist: You can expect a major department store to fail in the next 18 months
News 1 week ago
Barclays strategist: You can expect a major department store to fail in the next 18 months

Barclays strategist Ryan Preclaw explains some of his recent research on how much right-sizing needs to be done in traditional retail. Preclaw...

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Here's why Amazon is buying Whole Foods (AMZN, WFM)
News 1 week ago
Here's why Amazon is buying Whole Foods (AMZN, WFM)

Amazon swooped in to buy high-end grocer Whole Foods Friday, paying $13.7 billion — and a healthy 27% premium over the previous day's closing...

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Amazon could fix Whole Foods' biggest problem (WFM, AMZN)
News 1 week ago
Amazon could fix Whole Foods' biggest problem (WFM, AMZN)

Whole Foods has been trying to shake off its expensive reputation for years. Now it has a real chance to do so. Whole Foods  has been trying to...

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British supermarket shares are plummeting on news that Amazon is buying Whole Foods
News 1 week ago
British supermarket shares are plummeting on news that Amazon is buying Whole Foods

LONDON — Shares in British supermarkets are plunging on Friday afternoon after the news that retail giant Amazon will buy US food retailer Whole...

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Barclays strategist: We could lose another 1 million jobs in retail as the industry resizes
News 1 week ago
Barclays strategist: We could lose another 1 million jobs in retail as the industry resizes

Barclays strategist Ryan Preclaw explains some of his recent research on how much right-sizing needs to be done in traditional retail. Preclaw...

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Tour The Boston Consulting Group's stunning New York office, which has an in-house cafe and workout rooms
News 1 week ago
Tour The Boston Consulting Group's stunning New York office, which has an in-house cafe and workout rooms

When the New York-based staff of The Boston Consulting Group decided to leave the midtown office that had been their home since 2002, they knew...

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Trump's childhood home is going up for rent in New York City – take a look inside
News 1 week ago
Trump's childhood home is going up for rent in New York City – take a look inside

Now's your chance to live like Donald Trump. Trump's childhood home, that was bought for $2.15 million at auction  in January, is going to become...

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Every new house puts £316,000 back into the UK economy
News 1 week ago
Every new house puts £316,000 back into the UK economy

Building a single house helps to generate £316,000 for the UK economy, according to a report by design and consultancy group Arcadis. The report,...

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