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Best Buy Plans to Shut Down 250 Mobile Phone Stores, Pizza Hut Becomes the NFL’s New Pizza Sponsor, and Microsoft Pushes into Healthcare, plus a few more stories for March 1, 2018
Best Buy Plans to Shut Down 250 Mobile Phone Stores
https://www.reuters.com/article/us-best-buy-stores/best-buy-plans-to-shut-250-small-u-s-mobile-phone-stores-idUSKCN1GC3D2?il=0
Best Buy is shutting down 250 mobile phone stores in a turnaround to close underperforming locations. Canadian stores are not affected by the closures.
Lowes and Sherwin-Williams Expands Their Partnership
https://www.prnewswire.com/news-releases/lowes-to-expand-sherwin-williams-partnership-300605544.html
Lowes Companies plans to expand its partnership with Sherwin-Williams in an effort to enhance the customer buying experience.
Venmo Settles with the FTC Over Security Issues
https://www.ftc.gov/news-events/press-releases/2018/02/paypal-settles-ftc-charges-venmo-failed-disclose-information
Amazon Plans to Stream the UFC
https://seekingalpha.com/news/3335108-recode-amazon-selling-ufc-pay-per-view-packages
According to Recode, Amazon plans to sell and stream UFC pay-per-view packages.
Spotify Files for Listing on the New York Stock Exchange
https://www.sec.gov/Archives/edgar/data/1639920/000119312518063434/d494294df1.htm
Music streaming giant, Spotify has filed its F1 prospectus for an IPO.
Pizza Hut Becomes the NFL’s New Pizza Sponsor
https://www.prnewswire.com/news-releases/pizza-hut-national-football-league-score-for-fans-and-pizza-lovers-by-announcing-new-official-pizza-sponsorship-of-the-nfl-300605490.html
Pizza Hut will replace Papa John’s pizza as a new corporate sponsor for the National Football League.
Microsoft Pushes into Healthcare
https://www.bloomberg.com/news/articles/2018-02-28/microsoft-looks-to-lure-health-care-companies-to-its-cloud-with-new-tools
Microsoft has released a tool for its Azure cloud platform for assisting the medical sector in using its resources for gene-analysis.
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