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Tag: soars

… and rolls out electric delivery vans across JLP and Waitrose as home delivery soars

Waitrose deliveries set to be electric The John Lewis Partnership, ranked Elite in RXUK Top500 research, and its sister store Waitrose, are to increase the use of electric delivery vehicles as home delivery continues to soar as lockdown ends.   The group, which pledges to have an entirely fossil fuel-free transport system by 2030 and …

… and rolls out electric delivery vans across JLP and Waitrose as home delivery soarsRead More

England’s evening high street footfall soars as pubs reopen | Business

Cities and towns across England recorded a surge in evening visitors on the first day for pubs and bars reopening after more than three months of lockdown. According to Springboard, a company that measures the number of potential customers at retail and hospitality outlets, footfall on England’s high streets after 5pm surged by more than …

England’s evening high street footfall soars as pubs reopen | BusinessRead More

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

Gap stock soars after Kanye West touts collaboration with his brand

Gap shares soared Friday after Kanye West shared a photo that touted his collaboration with the retailer. Shares closed up 18.8% Friday at $12.07, but had been up as much as 40% earlier in the day. The move added more than $700 million to Gap’s market cap, pushing it to about $4.5 billion.  Gap and …

Gap stock soars after Kanye West touts collaboration with his brandRead More

Online price of cough medicine soars by 11% since UK lockdown | Business

The price of cough and cold medicines bought online has jumped by almost 11% after an increase in demand during the coronavirus outbreak. The Office for National Statistics said the cost of over-the-counter cough and cold treatments had increased by 10.7% between 16 and 29 March. The online price for a basket of “high-demand products” …

Online price of cough medicine soars by 11% since UK lockdown | BusinessRead More

Corporate borrowing soars and cash flows deteriorate

Jiangsu Pilot Free Trade Zone Lianyungang Area on November 28, 2019 in Jiangsu Province of China. Wang Chun | VCG | Getty Images China’s fourth-quarter economic growth may have been “the weakest of 2019” — but it still showed an improvement compared to the previous quarter and to the same period a year ago, a …

Corporate borrowing soars and cash flows deteriorateRead More

Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars

Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas …

Starbucks launches holiday cold brew drink as the iced beverage’s popularity soarsRead More

Target soars on Q3 earnings. Jim Cramer and other pros react

Target hit the bull’s eye. The big-box retailer surged 14% in Wednesday’s trading session, hitting an all-time intraday high after posting earnings and sales results for its fiscal third quarter that handily beat Wall Street estimates. Brian Cornell, the company’s CEO and chairman, said in an interview with CNBC on Wednesday that when Target is …

Target soars on Q3 earnings. Jim Cramer and other pros reactRead More