Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
holidays
Retail
Amazon to Hire 120,000 Temporary Workers for Holiday Season
Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.
Amazon to Hire 120,000 Temporary Workers for Holiday Season
Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.
Retail
After Tough Holiday Season, Small Retailers Are Strategising
A slow holiday season can be particularly difficult for small and independent retailers who don't have the sales volume and financial resources to compete with the huge discounts offered by big national chains.
After Tough Holiday Season, Small Retailers Are Strategising
A slow holiday season can be particularly difficult for small and independent retailers who don't have the sales volume and financial resources to compete with the huge discounts offered by big national chains.
Financial Markets
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Financial Markets
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Retail
Online Surge Leads to Many Not-So-Happy Returns for Retailers
A surge in online sales this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click of a mouse.
Online Surge Leads to Many Not-So-Happy Returns for Retailers
A surge in online sales this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click of a mouse.
Technology
Amazon Is Capturing Bigger Slice of US Online Holiday Spending
Amazon.com Inc. is increasing its share of US online spending during the holiday season, even as Wal-Mart Stores Inc., Target Corp. and other rivals seek to attract consumers with promotional sales and free deliveries.
Amazon Is Capturing Bigger Slice of US Online Holiday Spending
Amazon.com Inc. is increasing its share of US online spending during the holiday season, even as Wal-Mart Stores Inc., Target Corp. and other rivals seek to attract consumers with promotional sales and free deliveries.
Retail
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
Technology
Apple Reshapes Holiday Shopping With Bigger Smartphones
Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
Apple Reshapes Holiday Shopping With Bigger Smartphones
Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
Retail
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Technology
US Consumers Favour Amazon for Online Holiday Shopping
A majority of US consumers plan to go to Amazon.com for most of their online holiday shopping, even after traditional retailers have collectively spent billions of dollars to try to capture Web demand.
US Consumers Favour Amazon for Online Holiday Shopping
A majority of US consumers plan to go to Amazon.com for most of their online holiday shopping, even after traditional retailers have collectively spent billions of dollars to try to capture Web demand.
News & Analysis
Macy’s Joins Singles’ Day Debutantes in Chinese Buying Spree
China’s shoppers will have even more online bargains to choose from when Macy’s Inc. add to the foreign retailers bolstering Wednesday’s Singles’ Day offerings.
Macy’s Joins Singles’ Day Debutantes in Chinese Buying Spree
China’s shoppers will have even more online bargains to choose from when Macy’s Inc. add to the foreign retailers bolstering Wednesday’s Singles’ Day offerings.
Retail
H&M to Close on Thanksgiving in Sign of Mellowing Holiday Season
H&M’s US stores will close on Thanksgiving for the first time, underscoring a shift toward a less-frenzied holiday season for retailers.
H&M to Close on Thanksgiving in Sign of Mellowing Holiday Season
H&M’s US stores will close on Thanksgiving for the first time, underscoring a shift toward a less-frenzied holiday season for retailers.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.