Recent Posts

American Air joins US rivals in adding $30 baggage fee

Bloomberg American Airlines Group Inc. became the last of the three largest US carriers to boost its fee for a first- or second- checked bag by $5. The change, effective for tickets purchased starting from September 21, puts the charge for a first bag at $30 and $40 for a second. United Continental Holdings Inc. and Delta Air Lines Inc. ...

Read More »

Moss Bros plunges after UK summer cuts suit sales

Bloomberg UK suitmaker Moss Bros Group Plc is the latest retailer to wilt over the hot summer, warning that lower-than-expected store visits mean full-year profit will be “materially lower” than expected. The shares fell as much as 29 percent to a seven-year low after the company said like-for-like retail sales were down 6.9 percent in the first half. Full-year earnings ...

Read More »

Amazon to spend $3bn on ‘Go’ stores

Bloomberg If Amazon.com Inc. proceeds with a plan to open 3,000 cashierless stores by 2021, it could cost as much as $3 billion, according to analysts at Morgan Stanley, but also signal a bigger push by one of the world’s largest companies into the grocery business. The e-commerce giant is taking a close look at the future of its AmazonGo ...

Read More »
Send this to a friend