Retail industry
-
Finance
Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost
Downtown Beijing on May 2, 2025. Greg Baker | Afp | Getty Images BEIJING — Alibaba, Tencent and JD.com reported…
Read More » -
Finance
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S.…
Read More » -
Finance
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M.…
Read More » -
Finance
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp |…
Read More » -
Economy
Consumer spending is up big in early April as people buy in anticipation of tariffs
Consumer spending is rising at a faster clip this month as everyday Americans rush to make purchases before President Donald…
Read More » -
Economy
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high’ start, Chicago Fed chief says
Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in…
Read More » -
Finance
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
Read More » -
Economy
Retail sales increased 0.2% in February, though spending up less than expected
Consumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a…
Read More » -
Finance
Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart stock may be a steal. Former Walmart U.S. CEO Bill Simon contends the retailer’s stock sell-off tied to a slowing…
Read More » -
Economy
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department…
Read More »
