Walmart is making a strategic investment of $50 million in New Dada, China’s largest local on-demand logistics and grocery e-commerce platform.
After rebounding for two months, consumer sentiment fell in early October, with 42.7% of consumers saying they are confident or very confident in the prospects for the economy, according to Prosper Insights & Analytics.
In accordance with the terms of their merger agreement, Walgreens Boots Alliance and Rite Aid have mutually agreed to extend the end date of their merger deal from October 27, 2016, to January 27, 2017. The companies now expect the transaction will close in early calendar 2017.
Hayneedle.com has revealed its top ten holiday home décor and entertaining essentials.
Pottery Barn has unveiled an exclusive home goods collaboration with Indian fashion designer Sabyasachi Mukherjee. The line is the designer’s first foray into home furnishings.