More than 2,200 stores are closing across the US in 2023. Here’s the full list.
Retailers worldwide are facing closures and financial challenges, with several prominent brands shutting down stores in 2023. The list includes Foot......
Temu sellers are now even copying product photos, descriptions, and entire Amazon storefronts, lawsuits allege
Amazon sellers have accused sellers on the ultra-cheap marketplace Temu of copying their product listings, leading to declining sales. Wired reports......
Student-loan holders will soon have $300 less to spend each month. That could be bad news for Target and Dick’s.
The resumption of student loan payments in October is expected to impact consumer spending, with economists anticipating a slowdown as borrowers......
$650 Skincare Launch With a Waitlist of 30,000 Customers Proves Luxe Skincare Trend Is Thriving
A new premium skincare launch, LYMA, has garnered significant attention with a waitlist of 30,000 customers, indicating the thriving trend for......
Buy Buy Baby stores set to shutter as Go Global’s deal to save chain falls apart at eleventh hour
Buy Buy Baby, the baby products retailer owned by Bed Bath & Beyond, is set to close its stores after a......
Amazon dangles deeper ‘Prime Day’ discounts for stressed US shoppers
Amazon is aiming to entice U.S. shoppers during its annual Prime Day shopping event by offering deeper discounts on a wide......
Gucci-owner Kering paid $3.8 billion for French fragrance label Creed, Financial Times reports
Luxury fashion conglomerate Kering has reportedly acquired French fragrance company Creed for 3.5 billion euros ($3.83 billion), according to the Financial......
Some restaurants are now adding $10,000 tiny stools for luxury handbags
Middle-tier restaurants in the U.S. and Europe are embracing the trend of adding luxury handbag stools for diners to place their......
Will Meta’s Threads App Hold Space for E-Commerce?
Within the first 24 hours of its launch, Meta’s Threads app surpassed 30 million sign-ups, and as of July 10, it already has over 100 million registered users...
Schumer asks FDA to investigate Logan Paul’s PRIME energy drink
U.S. Senator Chuck Schumer has asked the Food and Drug Administration (FDA) to investigate Logan Paul’s PRIME energy drink, citing concerns......
Amazon partners with travel site Priceline in a first for Prime Day
Amazon is partnering with the travel booking site Priceline for the first time to offer Prime Day travel deals on products......
Neiman Marcus and Schiaparelli collaborate on West Coast boutique
Neiman Marcus and Schiaparelli have announced a collaboration to open a boutique dedicated to the French fashion house on the West......
Walmart Invests in Tech To Stay Ahead of the Competition
Retail giant Walmart is constantly investing in new technology to stay ahead of the competition....
All the major retailers have started using Meta’s new Threads platform — except Costco
Nine of the top 10 retailers in the United States have joined Meta’s new social media app, Threads, with the notable......
Amazon has lost market share for the Prime Day shopping holiday it invented. Walmart is setting itself up for a bigger slice of those sales.
Walmart is planning to compete with Amazon Prime Day with a four-day shopping event called Walmart+ Weekend that will take place......
MLB All-Star Game, baseball cards, are first big test of Fanatics livestream shopping experience
Fanatics, a sports merchandise retailer, is using the MLB All-Star Game as a test run for its livestream shopping platform. The......
Shein is trying to broaden its appeal by luring luxury brands like Stuart Weitzman and Paul Smith to sell products on its marketplace
Shein, a Chinese fast-fashion retailer, is offering major incentives to attract luxury brands, including free advertising and no commission for the......
An Amazon manager who stole almost $10 million with fake invoices and used the money to buy a house, a Tesla, and a Lamborghini was jailed for 16 years
Kayricka Wortham, a former Amazon manager, was sentenced to 16 years in prison for creating fake invoices for vendors that did......