Corporate America: Don’t be late to the barbecue

Fortune is all in on blockchain

It carries the potential to disrupt many industries—starting with finance. Read More

Walmart is retreating in the Attempt to Decode Japan’s retail Marketplace

Under the arrangement, private equity finance KKR is now the vast majority owner with a 65 percent stake, while Japanese e-commerce giant Rakuten accepts 20 percent, the firms said in an announcement Monday. Walmart will maintain a 15 percent minority interest. Rakuten and KKR will want to shore up Seiyu’s electronic operations because demand for […]

Macy’s is closing 45 stores in big wave of its turnaround plan

Almost a year ago, Macy’s announced an ambitious turnaround plan to modernize itself that included shedding about a quarter of its big department stores. Now, the retailer has announced the biggest tranche since the pandemic started of those closings in a move that is gaining urgency because of the COVID-19 outbreak’s impact on its business. […]