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‘Merger That Murdered Itself’—Amazon Rival Shuts 1,000 Stores After $1B Takeover Ends 40 Years
In a move that marks the end of an era for American retail, Office Depot's parent company, ODP Corp, has agreed to sell the ...
As it turns out, Office Depot has closed over 1,000 stores since its 2023 merger, reducing its store count by about 55%. The latest corporate change should build on the original merger of OfficeMax ...
In an era when speed and convenience have become major factors in retail, Macy's is making a bold move. It has unveiled a massive new addition to modernize operations, one that could win back ...
Shares in retail giant Walmart ($WMT) were flat today despite a new report revealing it was doing a better job than its ...
OpenAI has committed to buying billions of dollars worth of compute from AWS—the latest in a string of major deals brokered ...
Amazon (AMZN.O) said it was going to launch a Polish-based website to better serve customers currently diverted to its German site, sending shares in top local e-commerce rival Allegro down by over 7% ...
Amazon maintains a strong grip on the e-reader market with its Kindle devices, but that doesn't mean other companies aren't ...
The agency alleges that Amazon has illegally maintained monopoly power in two markets: online “superstore” shopping and ...
OpenAI recently inked hundreds of billions of dollars of deals to build data centers filled with chips it hopes will further ...
In a bland north Austin neighborhood dominated by anonymous corporate office towers, Amazon.com Inc. engineers are toiling away on one of the tech industry’s most ambitious moonshots: loosening Nvidia ...
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