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CORRECTED-(OFFICIAL)-INSIGHT-Millennial 'NOwners' follow Uber with new fashion trading model

NEW YORK, May 28- Allison Armour loves fashion, but doesn't need to keep it in her closet. Armour, a marketing manager for a nonprofit in Oakland, California, has picked up skirts and shirts, Oxford shoes for $30, a J.Crew trench coat for $40 and a Dooney& Bourke satchel for $150, less than half its retail price. About 85 percent of people aged 18 to 34 own them, according to...
Source: Reuters | By: Jilian Mincer
The true cost of that $3 T-shirt

"The True Cost," an eye-opening documentary that examines the business of fast fashion, scrutinizes the process every step of the way.
Source: CNBC.com | By: Krystina Gustafson
Amazon's own 'Element' of success  

Amazon is adding food and household products to its private label "Elements" line.
Source: CNBC.com
Gamestop beats on top, bottom line  

Gamestop is reporting EPS beat of $0.68 on revenue beat of $2.06 billion, with CNBC's Kate Rodgers and the "Closing Bell" panel.
Source: CNBC.com
Watch Costco from sidelines: Pro  

Paul Trussell, Deutsche Bank analyst, discusses what you should be doing with Costco stock and other stocks that show opportunity.
Source: CNBC.com
Tracy Morgan settles lawsuit  

Tracy Morgan settles his lawsuit with Walmart; but terms of the settlement were not disclosed.
Source: CNBC.com
UPDATE 1-Amazon offers limited free shipping on same-day delivery orders

May 28- Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit.
Source: Reuters | By: Nandita Bose
Costco 3Q same-store sales fall 1 percent

Costco Wholesale reported a decline in quarterly comparable sales, hurt by gasoline price deflation and a stronger dollar.
Source: Reuters
Pro waves warning flag on Costco  

John Heinbockel, Guggenheim Partners, shares his outlook on Costco and why he doesn't think the company is positioned to outperform.
Source: CNBC.com
Amazon sees Wal-Mart's bet, raises ante

Amazon Prime members living in more than a dozen metropolitan areas will no longer have to wait two days to score free shipping on their orders.
Source: CNBC.com | By: Krystina Gustafson