A costly move: Etsy shakes things up with free shipping
Etsy’s new chief executive, Josh Silverman, is betting its success on free shipping to compete with Amazon, but not without much opposition from the Etsy community. In July, Etsy announced its Amazon-like strategy of free shipping. Sellers were encouraged to provide...
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Archer Daniels Midland’s bet on the nutrition industry is beginning to pay off
Food processing giant Archer Daniels Midland bet on the nutrition industry five years ago. And it’s starting to pay off. In a year of trade war and extreme weather—both of which battered ADM’s traditional source of revenue from agricultural processing—the company’s...
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Beyond Meat Struggles to Maintain a Profitable Record While Competition Soars
Beyond Meat went public this year with this promise to expose the future of protein, but the reality is more difficult. The young company went public on May 2 and only recently managed to eke out a small quarterly profit. As a new business in the public market,...
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Ford Struggles Globally as Automaker Attempts China U-Turn
For Jeoff Burris, who lives near Detroit, the heart of the American auto industry, there’s nothing better than his 2018 Ford F-150 pickup truck. “You got idiots like me who love ‘em,” said Burris, founder of the Metro Detroit Supply Chain, a consulting firm whose...
read moreKroger is priming for a fight in grocery delivery and online sales
Illustration Noah Lewis Over the past few weeks, grocery giant Kroger has made flashy investments in delivery technology and in-store renovations in an attempt to boost online sales, which could be its next big source of growth. The company is trying to its bolster...
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Mired in a Funk, Gap Needs a New Fit in Its Search For a CEO
Gap Inc. celebrated its 50th birthday this year, but the golden anniversary is so far looking more like a goose egg. Once a trendsetter in retail apparel, Gap Inc. has seen its position as a fashion frontrunner fall to the back of the pack under the recent leadership...
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Hasbro’s ‘Magic’ Moment: A 26-year-old Card Game Tries to Move Into the Digital Era
Every weekend, about a dozen “Magic: The Gathering” players compare fresh packs of fantasy trading cards before jumping into a small tournament at a comic shop near Bryant Park. The competitions are among thousands that players around the country flock to at local...
read moreThinking about home caregiving for your aging parent? Make sure you know the costs
With an ever-aging population and longer life expectancies, adult children are being forced to make tough decisions about their parents healthcare. The U.S. population is approaching areas where home health care services are in extreme demand, with no signs of...
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Salesforce.com Is Doing Great by Its Playbook, but Investors Aren’t So Happy
Since Salesforce.com’s (CRM) acquisition of the data visualization company Tableau was announced in June, Co-CEO Marc Benioff has been defending the deal against carping by investors and analysts in interviews and conference calls and at the company's annual...
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Too little, too late: Comerica’s failed plan to offset falling rates will drag down main revenue source in 2020
Comerica’s hesitance to load up on financial products that can protect from falling rates made this year’s trio of rate cuts even harder to stomach for the rate-sensitive regional bank.
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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.