FOX Business Briefs 10/7
Report: Online sales will be up 5.3% this holiday season; 'Amex Ads' connects card members with premium brands; Ikea opens more stores in the U.S.
Retail expert sees ‘absolutely no reason’ for holiday sales slowdown amid Adobe’s new forecast
Storch Advisors CEO Gerald Storch discusses Adobe’s prediction that online spending this upcoming holiday season will grow at a slower pace on ‘Varney & Co.’
eBay CEO describes one of the biggest 'game changers' for the company
eBay CEO Jamie Iannone reflects on what has changed since eBay went public 30 years ago and addresses how A.I. has helped sellers on 'The Claman Countdown.'
Amazon will restrict Prime benefit starting October 1
Amazon phases out the Prime Invitee program that allowed members to share shipping benefits with non-household members, focusing on Amazon Family instead.
Market expert says investors will be 'dissappointed' if they're chasing a correction
Great Hill Capital Chairman Thomas Hayes discusses his outlooks for the markets, Alibaba and whether there will be a market correction on 'The Claman Countdown.'
Fanatics launches enterprise-wide loyalty program with rewards including athlete, VIP experiences
The Fanatics ONE rewards program was launched on Tuesday, as the global digital sports giant will now offer exclusive athlete memorabilia, private shopping experiences, much more.
Bills' Josh Allen named 'Director of Billustration' in expanded New Era partnership to improve community
Bills star Josh Allen gained an investment stake in New Era Cap while creating exclusive caps with Oishei Children's Hospital patients to support his community philanthropy.
Trump's tariff policies reshape online shopping habits, new report finds
A new report shows President Donald Trump's tariffs are affecting consumers' online shopping behavior, with 34% delaying purchases and 28% buying earlier to avoid costs.
Nebraska AG files lawsuit against Chinese e-commerce company Temu
Nebraska Attorney General Mike Hilgers details his lawsuit against Chinese e-commerce company Temu and Republican attorneys general slamming California leadership over the Los Angeles anti-ICE riots on 'Mornings with Maria.'
Inter Milan partners with Fanatics to elevate fan experience for over 530M worldwide
Inter Milan teams with Fanatics to transform their global retail presence, leveraging digital commerce expertise to connect with their rapidly growing fanbase across continents.
Empty boxes and missing parts: Shoppers are exploiting retail return policies
Return fraud, including tactics like wardrobing and bricking, challenges retailers. Companies invest in data analytics to detect fraud while maintaining customer trust.
Newark Airport crisis, other recent incidents fire-up debate over privatizing air traffic control
Sens. Ted Cruz and Dan Sullivan were asked about privatization of air traffic control and responded to Fox News Digital.
Trump closes tariff loophole on cheap online goods from China
President Donald Trump has closed a tariff loophole that allowed Chinese e-commerce giants like Shein and Temu to sell low-cost goods in the U.S. without paying duties — a move that is expected to drive up prices for American consumers.
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.