Wall Street will watch to see if last week's poor results for the retail sector, notably a plunge in revenue at Macy's, is a weather vane for problems touching other major retailers. By the end of the week we'll know how Target Corp., Wal-Mart Stores Inc., Gap Inc. and Foot Locker Inc. fared. One area of retail is shining like a newly installed faucet: Home Depot Inc. and its smaller rival Lowe's Companies Inc. have both seen steady growth in recent years as average home ages rise and unemployment falls, and analysts expect that both will report solid earnings this week. Home Depot reports its first-quarter results Tuesday before markets open, followed by Lowe's on Wednesday morning. "The home guys are doing good," Matthew Ward, portfolio manager for Schroders, said in an interview Friday with Reuters Insider, pointing to the strength of retailers involved in home improvement and home furnishings.
USA Today's Jefferson Graham suggests tips on the best way to shop through Amazon's home assistant, Alexa. When it comes to the Amazon Prime Day sales, a frequently discounted staple is the company's line of Fire tablets, Fire TV sticks and boxes. Both sets of devices are both already relatively cheap -- the Fire TV Stick is $39.99 while Fire 7 tablet starts at $49.99 -- but Amazon's "Black Friday in July" event is a particularly good time to find deals. Here's what you should know about the company's latest line of tablets and TV devices. Prime Day price: $29.99 (regularly $49.99) Pro: Very cheap, available in multiple colors, Kids Edition case ($69.99 on Prime Day, regularly $99.99) is very durable Con: Slow, screen is unimpressive, cameras are underpowered, will need to buy a memory card if you plan to save pictures or download videos.
Apple and Flipkart will try to not disappoint Indians tonight. Apple announced earlier this month that it has partnered with Flipkart, India's largest ecommerce company for online sales of iPhone 7 and iPhone 7 Plus. Flipkart will begin taking pre-orders for the new iPhones starting midnight tonight, and we now have details on the launch offers and how Flipkart plans to handle its first iPhone pre-orders. If you have a credit card with Citibank, you can get a cashback of Rs 10,000 ( 150), the company said. Unfortunately, this cashback offer won't be available on any other bank in India.
In 1994, soon after Jeff Bezos incorporated what would become Amazon, the entrepreneur briefly contemplated changing the company's name. The nascent firm had been dubbed "Cadabra," but Bezos wanted a less playful, more accurate alternative: "Relentless." Twenty-four years later, perhaps no adjective better describes Bezos' empire than the name he once wanted to give it. The company is known as the "everything store," but in its dogged pursuit of growth, Amazon has come to dominate more than just ecommerce. Amazon is a fashion designer, advertising business, television and movie producer, book publisher, and the owner of a sprawling platform for crowdsourced micro-labor tasks.
Loup Venture co-founder Gene Munster made the claim in a report highlighting eight predictions for the technology industry in 2018. 'Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count,' Munster wrote. Loup Venture co-founder Gene Munster made the claim in a report highlighting eight predictions for the technology industry in 2018. The analyst, best known for his incorrect prediction Apple would make its own TV set, claims the timing of the deal is hard to know. 'Getting the timing on this is difficult, but seeing the value of the combination is easy.' 'Amazon believe's the future of retail is a mix of mostly online and some offline,' Munster wrote.