Retail industry
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Amazon is betting big on selling cashierless technology to outside retailers
In 2012, Amazon founder Jeff Bezos asked by TV host Charlie Rose questions whether his e-commerce company will ever venture…
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Online retailer Shein will soon hold a pre-IPO roadshow in London, Reuters reported
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou, Guangdong province, southern China. Ngoc Cao |…
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Restaurant chains that have filed for bankruptcy this year
The Red Lobster logo is displayed outside a closed restaurant in Torrance, California, on May 14, 2024. Patrick T. Fallon…
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Ulta Earnings Q2 2024
Ulta Beauty Shares fell 7% in extended trading Thursday as the company missed expectations in the second quarter and cut…
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JD.com shares rise slightly after announcing $5 billion share buyback
JD.com has established an Innovative Retail division, which houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong…
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Beyoncé launches whisky line in collaboration with LVMH’s Moët Hennessy
Moët Hennessy SirDavis American Whiskey. Source: Moët Hennessy Beyoncé holds up her bottle of whiskey. The star is entering the…
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California’s retail crime law aims to crack down on organized crime rings
California Democratic Governor Gavin Newsom has signed into law 10 new bills aimed at combating retail crime in the state.…
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Streaming is getting more expensive for consumers. Here’s why
Jaque Silva | SOPA Images | Rocket | Getty Images Streaming is finally starting to make money for media companies,…
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Alibaba shares fall 3% premarket after earnings miss expectations despite cloud computing gains
A sign at the headquarters of Alibaba Group Holding Ltd. in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen…
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New Starbucks CEO Brian Niccol to compensate Chipotle
Brian Niccol, CEO of Chipotle Anjali Sundaram | CNBC Starbucks offered new CEO and Chairman Brian Niccol a salary increase…
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