Ecommerce

Bed Bath & Beyond shares sink, CEO hints at store closures

Shares of home-furnishings retailer Bed Bath & Beyond sank more than 12% on Friday, on pace for their lowest closing level since 2009, after earnings missed expectations amid continued challenges in a highly competitive retail environment.

Barnes & Noble brainstorms ideas to stay alive

Barnes & Noble (NYSE:BKS) earned a minor victory Thursday after reporting smaller-than-expected losses in its most recent fiscal quarter, despite the company’s struggles to adapt to major shifts in the retail industry.

Amazon to buy Whole Foods in $13.7B deal

E-commerce giant Amazon announced Friday it will snap up struggling grocery chain Whole Foods Market for $42 per share in an all-cash deal valued about $13.7 billion.

Amazon to buy Whole Foods in $13.7B deal

E-commerce giant Amazon announced Friday it will snap up struggling grocery chain Whole Foods Market for $42 per share in an all-cash deal valued about $13.7 billion.