Company

admin August 11, 2018

Casper has mastered how to sell mattresses in a box online. Now the company will test its strength at the store. CEO Philip Krim told CNNMoney that Casper will open 200 stores across the country in the next three years. The Wall Street Journal first reported the company’s plans. “It will give us a footprint […]

admin August 11, 2018

Late last year, Cinemark launched Movie Club. MoviePass proved that film lovers are interested in a subscription service. But as that embattled company continues to experiment with its model, Cinemark thinks its rollover offer is the right monthly plan for film fans. Late last year, Cinemark, the owner of nearly 550 theaters in the United […]

admin August 11, 2018

R. Naresh had never heard of Ikea before it came to his hometown of Hyderabad. But that didn’t stop him from walking through the doors of the Swedish furniture retailer’s first store in India shortly after its grand opening on Thursday. “It’s such a big store,” said Naresh, a food delivery driver who came with […]

admin August 10, 2018

Starbucks is brewing up some kombucha. The coffee chain announced it’s going to sell its own line of the trendy fermented tea. Starbucks (SBUX) is offering six flavors of kombucha under its Evolution juice brand and said the drinks have started shipping to grocers and natural retailers in select cities. Why kombucha? The cold-pressed drink […]

admin August 10, 2018

As an online retailer, Overstock is in bad shape. It keeps losing money, and its sales growth is far behind Amazon. But the company doesn’t think that matters. Overstock is going all in on blockchain and cryptocurrencies. Shares of Overstock (OSTK) surged more than 15% on Friday after the company announced an investment of almost […]

admin August 10, 2018

Ryanair was forced to cancel nearly 400 flights on Friday because of pilot strikes in some of its biggest markets. The discount carrier said it had canceled flights in Germany, Ireland, Belgium and Sweden, affecting thousands of passengers. About 15% of the carrier’s scheduled flights were affected. Ryanair (RYAAY) pilots in the Netherlands were also […]

admin August 10, 2018

It’s an unusual scene: A wave of cyclists wearing giraffe costumes flood down a busy street, handing out drink cans to surprised members of the public. While unconventional, marketing events like this have become a trademark of BOS, an iced tea brand that has conquered the South African market and is now gaining converts in […]

admin August 9, 2018

Amazon, Facebook and Google dominate the tech news headlines. But investors shouldn’t forget about IAC — the internet conglomerate that owns controlling stakes in Angie’s List, Match, Tinder, Vimeo and a bunch of other popular sites and networks. CNNMoney spoke with the CEOs of both IAC (IAC) and ANGI Homeservices (ANGI) to get their take […]

admin August 9, 2018

Here’s the thing about fads: They end. Pandora (PANDY), which makes more jewelry than any other company, is being slammed as people lose interest in its charms, the decorative trinkets that are often attached to bracelets. The Danish company has in recent years become synonymous with charms, which make up over half of its sales. […]

admin August 9, 2018

It’s getting pretty hard to shop at Whole Foods without an Amazon Prime membership. The Amazon-owned grocery chain is adding curbside pickup for members of its $119 per year membership. Customers can shop Whole Foods’ selection in the Prime Now app or website, and they can have their groceries ready for pickup in just a […]