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Tag: record

Jeff Bezos’s wealth soars to $171.6 billion to top pre-divorce record, Retail News, ET Retail

By :Berber Jin and Jack Witzig Jeff Bezos’s net worth has smashed through its previous peak, even after he relinquished a quarter of his stake in Amazon.com Inc. as part of a divorce settlement last year. Shares of the Seattle-based retailer surged 4.4% to a record $2,878.70 Wednesday, boosting the founder’s world-leading fortune to $171.6 …

Jeff Bezos’s wealth soars to $171.6 billion to top pre-divorce record, Retail News, ET RetailRead More

Fourth of July celebrations at home are driving record fireworks sales

A shopper looks through fireworks for sale at Sky King Fireworks in Morrisville, Pennsylvania, U.S., June 24, 2020. Lucas Jackson | Reuters If you think you’re hearing more fireworks than usual this year, you probably are. Firework sellers say they are seeing huge gains in firework sales, with some seeing jumps of 200% to 300% …

Fourth of July celebrations at home are driving record fireworks salesRead More

Etsy stock climbs to record, tripled since March, spurred by masks

Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Over the first three weeks in March, Etsy lost half its value on concern that an economic slowdown caused by the coronavirus would batter consumer sales. Then people started turning to the site to buy masks, and Etsy took off. Since bottoming on March 20, Etsy’s …

Etsy stock climbs to record, tripled since March, spurred by masksRead More

Amazon stock hits record high amid coronavirus gloom, Retail News, ET Retail

Despite gloom all over, Amazon saw its stock zooming over 5 per cent to an all-time high of over $2,283 per share, leaving the ecommerce giant with $1.1 trillion worth and adding $6.5 billion to its Founder and CEO Jeff Bezos fortune. Amazon has been a favourite among ‘sheltered-at-home’ investors because of an unprecedented surge …

Amazon stock hits record high amid coronavirus gloom, Retail News, ET RetailRead More

Taylor Swift donates to Nashville record store hit by coronavirus | Music

Taylor Swift has made a financial contribution to a record store in her home city of Nashville that was in danger of going out of business because of coronavirus. Doyle Davis, co-owner of Grimey’s, told Rolling Stone that Swift had paid for three months of the staff’s health insurance plan, as well as making undisclosed …

Taylor Swift donates to Nashville record store hit by coronavirus | MusicRead More

Record Store Day postponed until June over coronavirus | Music

We’ve taken all information to heart as we’ve gone over the various options that involved staying the course, moving the date, even changing the structure of the event. At the risk of stating the obvious, no one knows what things will look like in any given place over the next five weeks, but it is …

Record Store Day postponed until June over coronavirus | MusicRead More

‘It’s hopeful and generous’: Thurston Moore’s experimental record shop | Music

Thurston Moore is sitting in his shop window, pricing up a pile of records and telling me how Sun Ra used to operate. “Before he was going on tour, to say Egypt, he used to ask them to send him some fabrics from there. He wanted to feel them in his hand, pick up the …

‘It’s hopeful and generous’: Thurston Moore’s experimental record shop | MusicRead More

Jeff Bezos Beverly Hills House: Bezos pays record $165 mn for Warner Estate

LOS ANGELES: Amazon Chief Executive Jeff Bezos, the world’s wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for $165 million, a source familiar with the deal said on Wednesday. The sale price is believed to be the highest in a Los Angeles-area residential real estate …

Jeff Bezos Beverly Hills House: Bezos pays record $165 mn for Warner EstateRead More

Jeff Bezos’ record $4.1 billion sale ends years of restraint, Retail News, ET Retail

LONDON: Jeff Bezos’ stake in Amazon.com barely budged over the past decade. That’s started to change. Bezos sold 2 million shares, worth $4.1 billion, as part of a pre-arranged trading plan between Jan. 31and Feb. 6, according to regulatory filings. That’s the largest seven-day selldown by any executive tracked by the Bloomberg Billionaires Index, which …

Jeff Bezos’ record $4.1 billion sale ends years of restraint, Retail News, ET RetailRead More

Sephora preps for record-setting store expansion

A specialty beauty powerhouse will open the most North American stores in a single year in its history. Sephora will open 100 new store locations across North America in 2020, more than it has opened on the continent in any prior year and more than double the number of openings from 2019. The stores will be …

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