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.'
Amazon holding second Prime sale ahead of holiday season
Amazon announced Tuesday it's planning another exclusive sale for Prime members this year and it will kick off right before the 2023 holiday season.
Overstock CEO has big plans for Bed, Bath & Beyond’s leftovers
Overstock CEO Jonathan Johnson is taking the best from his company and Bed Bath & Beyond and combing them to create a powerhouse e-commerce brand in North America.
Anti-woke marketplace PublicSq. to begin trading on NYSE
PublicSq., an online marketplace aiming to be the conservative alternative to Amazon, is going public on the New York Stock Exchange this week under ticker symbol PSQH.
Amazon's 2023 Prime Day sets new sales record
Amazon's Prime Day 2023, spanning July 11-12, was its biggest two-day sale event in company history. Independent sellers also had the biggest Prime Day in history.
Sriracha sauce shortage causes prices to spike upward of $70 a bottle
Businesses and people who have managed to get their hands on a popular sriracha sauce brand are listing the spicy condiment for high prices, but consumers are split on the costs.
Will new organized retail crime law help retailers?
The INFORM Consumers Act requires online marketplaces like Amazon and Facebook to protect consumers from counterfeit, unsafe and stolen goods from bad actors.
FedEx shares fall on quarterly revenue miss
FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.
Alibaba names new CEO to replace Daniel Zhang in major management reshuffle
Alibaba's current chief executive Daniel Zhang will be replaced, the company announced, amid a major management shuffle in an effort to promote its cloud intelligence services.
Amazon, Target modify deliveries in areas with poor air quality
Amazon is cutting delivery routes short in places affected by poor air quality, while Target's order pickup service may not operate in the most affected areas.
Success of Yellowstone, Boot Barn is 'hidden in plain sight': CEO Jim Conroy
Boot Barn President and CEO Jim Conroy discusses the 'giant consumer market' for Western-style apparel on 'The Claman Countdown.'
Amazon planning conversational AI chatbot for website search
Amazon is looking to overhaul its search functionality to incorporate a conversational chatbot driven by artificial intelligence according to job postings on its website.
Amazon to increase delivery speed while cutting costs
Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.
50k stores could close in five years due to a slowdown in consumer spending, ecommerce demand
UBS predicted that there will be an acceleration of store closures. Over the next five years, analysts project more than 50,000 stores will close.
SoftBank selling off most of its Alibaba stake: report
SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.
US regulators are 'squeezing' crypto, stifling innovation: Christopher Alexander
Liberty Blockchain CCO Christopher Alexander discusses the resiliency of bitcoin and other digital assets after the SVB collapse on 'Mornings with Maria.'