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American Eagle Sees Growth in Comparable Store Sales

American Eagle Sees Growth in Comparable Store Sales

American Eagle Outfitters the retailer for teen apparel reported its best growth in comparable sales in the past 13 quarters helped by a broader range of merchandise and less discounts. American Eagle, unlike its rivals Abercrombie & Fitch and Aeropostale has managed to win shoppers back by improving merchandise to […]

Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

A panel of medical advisers that is independent of the U.S. Food and Drug Administration voted on Friday 10 to 4 in favor of approval for a gout drug from AstraZeneca. All of the 10 who supported the drug, known as lesinurad, qualified the vote by urging the U.S. regulatory […]

Amazon Adds More Dash Buttons to Its Site

Amazon Adds More Dash Buttons to Its Site

It has been one year since e-commerce behemoth Amazon launched its first batch of Dash Buttons, the instant, oval shaped order buttons that are tied to the popular brands of coffee, baby formula, detergent, razor blades, paper towels and more. Now, a year later, on its first anniversary, the e-retailer […]

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee & Tea has announced that it will acquire a majority share of Intelligentsia Coffee, which is based in Chicago. It is the second deal for Peet’s with the last month. Once only a single store, Peet’s, based in Berkeley, California is now acquiring boutique coffee roasters that are […]

Macy’s Cuts Ties With Donald Trump After Controversy (NYSE:M)

Macy’s Cuts Ties With Donald Trump After Controversy (NYSE:M)

Macy’s has decided that the company would no longer do business with Republican presidential candidate Donald Trump after he made controversial statements denigrating Mexicans and immigrants. Trump called Mexican immigrants rapists and drug runners in a speech in which he announced his intention to run for president. He then doubled […]