According to sources at Amazon, the web giant has changed the search algorithms in order to rank both its own products and more profitable products higher in the search results.
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The world's biggest Starbucks, spanning 4,000 sqm on four floors and featuring its own cocktail bar and a pizza restaurant, is to open in Chicago. It is one of the chain's new flagships under the ‘Reserve Roastery’ banner.
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American fashion chain Forever 21 is moving closer to bankruptcy, as final negotiations with potential investors seem to have ended without an agreement.
Kentucky Fried Chicken has started a collaboration with Beyond Meat in order to create plant-based 'chicken nuggets' and 'chicken wings'. Almost all major fast-food chains have now developed a taste for meat substitutions.
Sports brand Nike has launched a subscription for kids' sneakers in the United States, trying to increase convenience for parents... but it is also an attempt to secure some market share.
A merger of Belgo-Dutch supermarket group Ahold Delhaize and its American competitor Kroger would make sense and allow for 1.2 billion euros in synergies. Together, they would be able to increase their value in the United States by 36 %.
Google's Images pages are increasingly looking like pages of the search engine's Shopping section, now product information and prices, reviews and availability are added to Images search results.
Capri Holdings, the owner of brands like Michael Kors, Versace and Jimmy Choo, has performed better than analysts had expected in the last quarter. However, the required investments cut a great deal out of the profit.
After Apple started selling its products directly on Amazon, a lot of external sellers were banned from the platform and prices have gone up. A US watchdog looks if this is legal.
Chinese telecom manufacturer Huawei seems to remain largely unaffected by the sanctions of the United States: turnover increased drastically in the first six months of the year.
Valérie Hermann, president of global brands at Ralph Lauren, will be leaving her position after three years. It is not yet known who will succeed her.
Google is fast becoming an online department store: in the United States, the company has launched the newest version of Google Shopping, including direct checkout and strong personalisation.
Activists and Amazon employees in the United States and Germany are using the two-day discount event Prime Day to protest against several aspects of the e-commerce giant.
The French government has introduced a tax aimed at large online companies like Amazon. The United Kingdom is looking to follow suit, despite Trump's reprisal threats.
Levi Strauss saw its first quarter on the stock market end on a negative note: there was less profit than envisioned, to the investors' disappointment. Still, sales of the jeans brand went up in every market.
PepsiCo has outperformed expectations with a 2.2 % organic turnover growth. Especially a growing sparkling water department pushed the FMCG producer forward on its way to achieving its own predictions.