The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, …
Secondhand goods marketplace Carousell expects to “healthily” reduce its losses this year, putting it on track to profitability, the firm’s CEO told CNBC. “This year, we continue to expect revenue …
Clothes displayed at the Shein Group Ltd. headquarters in Singapore, on Monday, June 19, 2023. Ore Huiying | Bloomberg | Getty Images E-commerce giant Shein is sending more low-priced apparel …
People passing a large scale sign for the high street clothes and clothing brand H&M outside their flagship store on the corner of Oxford Street and Regent Street. on 30th …
A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump …
A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images The Watches …
Pedestrians walk past Old Navy and GAP stores in Times Square, New York City. Drew Angerer | Getty Images Gap reported mixed results on Thursday and underwhelming current-quarter guidance as …
People walk past a Nike sporting goods store at a shopping complex in Beijing, China, March 25, 2021. Florence Lo | Reuters Nike’s stock tumbled Wednesday for the 10th day …
Dick’s Sporting Goods reported a 23% drop in profits and slashed its earnings guidance for the year after it saw an uptick in retail theft and slow sales in its …