Tag: Shopping
Bankers Shopping FTX’s ‘Hundreds of Millions of Dollars’ Stake in AI Startup Anthropic: Report
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival chat [...]
Here’s what’s going on at Warren Buffett’s shopping extravaganza for shareholders
People at the See's Candies display at the Berkshire Hathaway Shopping Day event, May 5, 2023.David A. Grogan | CNBCBerkshire Hathaway's annual shareh [...]
Best Buy lays off hundreds of store employees as shopping trends shift
Best Buy logos and store in South Edmonton Common. Friday, May 20, 2022, in Edmonton, Alberta, Canada.Artur Widak | Nurphoto | Getty ImagesBest Buy sa [...]
Inflation? Recession? Starting Black Friday, America plans to spend
Pedestrians view the holiday windows at the Macy's Inc. flagship department store in the Herald Square area of New York, U.S., on Thursday, Dec. 2, 20 [...]
Retailers roll out stricter return policies ahead of the holidays
The holiday shopping season is always closely followed by a spike in gift returning.But this year, it may be harder to bring things back for free or a [...]
How UPS, FedEx are preparing for first ‘post-pandemic’ holiday season
Which consumer will show up for the first "post-pandemic" holiday season in America?By some measures, e-commerce volumes are softening and consumers p [...]
Goodwill helps bring thrifting into the mainstream with online store
Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming.During the Covid pandemic, secondhand store [...]
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust.Americans are returning to the skies, filling hotels, swarming theme parks — and they're s [...]
Free returns may be over as retailers introduce stricter policies
Policy adjustments 'deter the consumer from returning'With rising costs squeezing margins, many retailers are rethinking their return policies, shorte [...]
Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new.But with the Covid pandemic came a surge in "thrifting," or buying and selling pre-owned goods.At first, some fam [...]
The 2022 holiday shopping season has started
Amazon's Prime Early Access Sale may be over, but the discounts have only just begun."Black Friday is here," said Julie Ramhold, a consumer analyst at [...]
Animoca Brands continues shopping spree with MotoGP mobile dev acquisition
One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gamin [...]
Gap (GPS) reports fiscal Q2 2022 results
A Gap Inc. employee works in a San Francisco store.Getty ImagesGap Inc. on Thursday withdrew its financial outlook for the year after it swung to a ne [...]
Here’s how Peloton CEO Barry McCarthy’s turnaround plan is going
Barry McCarthy speaks during an interview with CNBC on floor of the New York Stock Exchange (NYSE), October 28, 2019.Brendan McDermid | ReutersPeloton [...]
Peloton (PTON) reports Q4 2022 losses mount
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida.Joe Raedle | Getty ImagesPeloton on Thursday reported widening losses [...]