US labor board upholds Amazon workers' union victory
A U.S. labor board director upheld an Amazon worker's union victory, moving the e-commerce giant closer to negotiating a contract.
Chinese billionaire Jack Ma to give up control of Ant Group
A restructuring of China's Ant Group has founder and billionaire Jack Ma giving up control of the company.
Online holiday spending reaches record $211B, Adobe says
Online holiday shoppers spent just over $211 billion during the holiday season which spans from the beginning of November to Dec. 31, according to Adobe Analytics.
Disney sues Florida online retailer selling knock-off Mickey ears
Disney Enterprises, Inc., is suing a Florida-based online retailer accused of selling knock-off Mickey Mouse ears and other products featuring trademarked Disney properties.
Super Saturday: Record number of consumers expected to shop
A record number of shoppers are expected to hit stores and go online during what's known as Super Saturday. It's the last Saturday before Christmas and a key revenue-generating day for businesses.
Traditional retail stocks are kicking Amazon's butt
Consumers are back in shopping centers as traditional retail stocks rebound on Wall Street while outperforming Amazon, Overstock and eBay.
November online prices had biggest decline in 31 months: Adobe
Online prices fell in November on an annual basis for the third consecutive month, according to Adobe. The November price drop was the biggest decline since May 2020.
How to avoid holiday online shopping scams
Experts offer tips to help shoppers avoid being swindled this holiday season when shopping online. E-commerce continues to surge which means shoppers need to be even more vigilant.
Amazon CEO Andy Jassy says economy will test 'long term resolve' of companies
Amazon CEO Andy Jassy said the company has been trying to "streamline" costs while also trying to invest in areas they they believe will impact the company in the long term.
DoorDash lays off 1,250 employees to cut costs
DoorDash announced that it will lay off more than 1,200 employees in order to reduce operating expenses that, "if left unabated – would continue to outgrow our revenue."
Retail trade group says rail strike could derail holiday shopping, overall economy
National Retail Federation (NRF) CEO Matt Shay stressed concerns over the potential rail strike saying it 'would be devastating for our economy at a time like this.'
Cyber Monday spending hits record $11.3B
Cyber Monday spending reached a record high of $11.3 billion this year as retailers doled out heavy discounts in order to drive demand, according to new data.
Online sales set Black Friday record
Black Friday online sales came in at 9.2 billion, setting a record with toys and tech items boosting sales.
Black Friday heads for online sales record
Black Friday online sales are expected to hit a record with total receipts between $9 billion and $9.2 billion.
Inflation looms over holiday season shoppers
Inflation is impacting holiday shoppers this year. The month between Thanksgiving and Christmas represents about 20% of the retail industry's annual sales.
Shopify president: Small businesses in America are the backbone of the economy
FOX Business spoke to Harley Finkelstein, president of Shopify, which allows small businesses to grow rapidly online in the e-commerce space — he anticipates a very strong holiday shopping season.
Holiday shopping: How to protect yourself from porch pirates
A majority of holiday shoppers plan to have at least one package delivered this shopping season. However, this means they need to be wary of porch pirates.
Holiday shoppers spend $72B in October as early deals kick in
Consumers have already collectively spent $72.2 billion for online goods throughout October as early holiday deals kicked in to help ease the financial strain on shoppers.
DraftKings Q3 earnings strong despite low stock prices
DraftKings CEO Jason Robins discusses DraftKings stock and market performance and provides an outlook for their future on 'Varney & Co.'
Retail trade group says shoppers will lean on savings and credit throughout holiday season
The National Retail Federation estimated Thursday that sales growth will range between 6% and 8% which is down from last year when sales growth was around 13.5%.

















