“In the past few weeks it became clear that I was not on the same page as my new board,” CEO Devin Wenig tweets.
The e-commerce platform believes 6 River's Chuck robots will increase the speed and reliability of its AI-powered fulfillment network.
The toy maker is investing in its retail and digital businesses to "create a strong foundation from which to grow in the long term."
The online marketplace is paying $275 million in cash for the music seller, which will continue as a standalone company.
The e-commerce giant joins rival Tencent in becoming a major CICC shareholder as both firms eye opportunities in fintech.
The grocery store operator and the drugstore chain are combining to create a retailer with 4,350 pharmacy counters and $83 billion in annual revenue.
The bookseller's Q1 loss narrowed to $10.8 million but it continues to struggle amid Amazon's dominance of the book industry.
“For a little while, [Target] seemed to have lost its way but now appears to be getting back into that 'Tar-jay' mode."
The company was expected to benefit from rivals' bankruptcies but same-store sales rose only 0.1%, well below analysts' estimates.
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
The deal opens up a new beauty products distribution channel for Coty as it seeks to reduce its dependence on fragrances.
A majority of consumers surveyed say they are likely to spend more and sooner on holiday shopping than in 2015.
