Sears Canada’s liquidation sales, which began last week, have disappointed early bargain seekers, but steeper discounts expected further into Canada’s holiday shopping season are likely to squeeze rivals, analysts say.
Chinese search engine giant Baidu Inc forecast December quarter revenue that fell short of analysts’ estimates as the company ramps up investments in artificial intelligence and autonomous driving technologies.
Amazon.com on Thursday said its sales surged over the summer and profit trounced expectations, as shoppers jumped at “Prime Day” promotions and bought groceries at its newly acquired chain of Whole Foods Market stores.
Amazon.com Inc sales jumped 34 percent in the third quarter and profit topped analysts' estimates as Prime Day sales boosted its retail business and demand remained strong for its popular cloud service for companies.
Puma has signed hip hop star and record label executive Yo Gotti as its newest brand ambassador. Yo Gotti will help Puma tell the stories of style and culture through the connection between music and sport.