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Grafa
Retail

VF Corp. surges as holiday ‘reinvent’ gains drive growth and margin expansion

VF Corporation (NYSE:VFC) shares caught a tailwind Wednesday after the company reported third-quarter results that surpassed its own internal guidance, fueled by a robust holiday performance in the Americas and a return to growth for its direct-to-consumer (DTC) channel.

Read more: VF Corp. surges as holiday ‘reinvent’ gains drive growth and margin expansion
Grafa
Retail

Amazon to close Amazon Go and Amazon Fresh, shifts focus to Whole Foods

Amazon (NASDAQ:AMZN) is shuttering its entire fleet of Amazon Fresh and Amazon Go brick-and-mortar stores, marking a dramatic retreat from its eponymous physical grocery brands in favor of a revamped retail strategy focused on Whole Foods and a new “supersized” store concept.

Read more: Amazon to close Amazon Go and Amazon Fresh, shifts focus to Whole Foods