Retailer Forever 21 files for bankruptcy for second time in 6 years
The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with 350 stores remaining nationwide.
'The Word on Wall Street': Nov. 14, 2024
Panelists Ken Leon and Mark Tepper react to the latest Disney earnings and Bitcoin's price rising past $93,000 for the first time and more on 'Mornings with Maria.'
Multiple big tech companies are 'going nuclear': Jeff Flock
Fox Business' Jeff Flock has the latest on the construction of seven nuclear construction facilities backed by big tech on 'Varney & Co.'
Bed Bath & Beyond brand is coming back to physical stores
Beyond Inc. entered into a strategic partnership with the Container Store. The plan is to boost store traffic by adding Bed Bath & Beyond-branded products.
Amazon changes packaging process to reduce plastic use
Amazon Chief Sustainability Officer Kara Hurst on the e-commerce giant’s sustainability efforts.
Walmart wants to beat Amazon at its own e-commerce game
Walmart launched several initiatives to boost Marketplace after it saw more than 30% sales growth in each of the past four quarters, driving e-commerce growth.
Amazon Prime Day drives $7.2B in spending on first day of sales event
Consumers have spent $7.2 billion collectively online during the first day of Amazon's Prime Day sales event. Adobe projected online spending over the two days will reach $14 billion.
Amazon Prime Day: Scams to watch for during major sales event
Cybersecurity experts are warning shoppers that scammers are on the hunt during major online sale events like Amazon's Prime Day, a two-day shopping bonanza.
Artificial Intelligence is here to stay: Sarah Ponczek
Sarah Ponczek and Luke Lloyd discuss their tech and A.I. outlooks, the impact on airfreight and shipping rates from Shein and Temu, and the Fed's handling of rates.
Amazon launching Shein, Temu competitor with direct shipping from China
E-commerce giant Amazon is preparing its most aggressive move yet against China-linked discount online retailers Temu and Shein with a bargain shop of its own.
NHL, Fanatics unveil on-ice player uniforms to be worn for 2024-25 season
The NHL and Fanatics unveiled their on-ice player uniforms for the 2024-25 season, with the global sports leader stressing the importance of collaboration to get the jersey right.
Arkansas AG sues Temu over alleged ‘deceptive tactics’ harming consumers: 'Data theft business'
The State of Arkansas is taking legal action against the Chinese fast fashion retailer Temu over alleged "deceptive tactics" involving "data theft."
Tom Brady joins Gopuff, instant commerce leader, in multiyear strategic partnership
Tom Brady and Gopuff announced a multiyear strategic partnership on Thursday, where the legendary NFL quarterback will be hands-on in helping drive innovation and more.
Real estate expert Mitch Roschelle dismantles South Florida housing bubble concerns
Madison Ventures+ Managing Director Mitch Roschelle joins ‘Varney & Co.’ to analyze the housing market as the average 30-year-fixed mortgage rate hits 7.22%.
Amazon CEO Andy Jassy touts AI push in shareholder letter
Amazon CEO Andy Jassy touted the company's AI development and shed light on how it crafts AI products and services in his annual letter to Amazon shareholders.
Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
Biden administration's lawsuit against Amazon will hurt South Carolina: Stephen Gilchrist
South Carolina African American Chamber of Commerce Chairman Stephen Gilchrist argues the FTC antitrust lawsuit against Amazon will harm small businesses on 'The Big Money Show.'
Amazon launches AI-powered shopping assistant Rufus
Amazon launched its new Rufus AI-powered shopping assistant on Thursday to a select group of beta users ahead of a broader rollout to all U.S. users in the coming weeks.
Walmart boost in compensation for superstore managers could reach $400,000
Walmart increased the size of compensation packages for store managers that will allow managers of the biggest stores to earn upwards of $400,000 annually with stock grants and bonuses.
David's Bridal is 'luxury for less': CEO Jim Marcum
David's Bridal CEO Jim Marcum discusses the wedding gown retailers' digital plan on 'The Claman Countdown.'