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Amazon Prime Day e-commerce

Retail

Amazon Logs $857M Profit on the Heels of Prime Day

Amazon hasn’t traditionally been known to rack up profits, as it’s preferred instead to reinvest in new initiatives.

– 5 minutes ago

Leanne Fremar will lead the creative development of all Starbucks global brand initiatives and marketing campaigns.

Retail

Leanne Fremar, former Under Armour Executive, Joins Starbucks

Her background also includes roles at Theory, Gucci Group and Polo Ralph Lauren.

– 20 minutes ago

Media

Shopbop-State Bag Collab Has Fringe Benefits

Shopbop.com teamed with State Bags to provide backpacks filled with school supplies to children in need.

– 21 minutes ago

Retail

Shoptiques.com Enters the Netherlands

The Netherlands is Shoptiques’ sixth country on its boutique aggregation platform.

– 51 minutes ago

Columbia Sportswear's high-tech rain gear.

Business

Columbia Sportswear Sales Increase, but So Do Losses

Columbia Sportswear reported that its sales increased in the second quarter, but net losses have pulled the stock down in after-hours trading.

– 5:33 PM, EST

Beauty

Walgreens Shuts Down Drugstore.com, Beauty.com

The sites, which were acquired by Walgreens in 2011, will be closed by the end of September.

– 5:10 PM, EST

Business

NAFTA Freight Falls Again in May

The DOT reported that the value of U.S. freight with Mexico and Canada declined for the 17 consecutive month.

– 5:03 PM, EST

Business

Developers Complete $2 Billion Capitalization of 35 Hudson Yards

The massive Hudson Yards development is creating a new neighborhood on Manhattan’s west side.

– 4:59 PM, EST

Retail

Tanger Grows Profits and Outlet Portfolio

Tanger grew its profits and footprint last quarter.

– 4:53 PM, EST

Karen Katz of Neiman Marcus.

Retail

NRF, QVC Push Retail’s Importance at Democratic Convention

Retail executives mingled with policymakers at the NRF- and QVC-hosted reception in Philadelphia.

– 3:51 PM, EST