Retailers move toward ‘check zero’

Retailers move toward ‘check zero’

Nadya Lukic | E+ | Getty Images Most Americans may not even remember the last time they wrote a check. Only 15% of adults said they wrote a few checks a month in 2023, according to a recent report by GoBankingRates. At the time of the late November survey, 46% of the more than 1,000 … Read more

Here’s why Jim Cramer says Amazon is a buy ahead of its Prime Day event

Here’s why Jim Cramer says Amazon is a buy ahead of its Prime Day event

Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. That’s because the high-quality stock is still cheap, said Jim Cramer on CNBC Monday. Consider: Shares of the e-commerce giant are up nearly 29% in 2024 compared to the S & P 500 … Read more

Amazon sellers get dinged after Target discount snafu

Amazon sellers get dinged after Target discount snafu

An Amazon driver delivers packages in Washington, D.C., on Aug. 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images When Brandon Fishman ran a discount on his vitamin-infused coffee for Target‘s weeklong deals event, he wasn’t worried about how it would affect his business on Amazon. He certainly didn’t expect his sales there … Read more

Walmart, Chipotle criticized over prices

Walmart, Chipotle criticized over prices

When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward the nation’s … Read more

More companies stay quiet, but donations keep flowing

More companies stay quiet, but donations keep flowing

Parade participants are seen marching during the 2024 Kentuckiana Pride Parade on June 15, 2024 in Louisville, Kentucky.  Stephen J. Cohen | Getty Images Pride month is winding down — and this year, the corporate world took a more cautious approach. June tends to bring a wave of rainbow-themed merchandise and affirming ads and social … Read more

Tractor Supply ends DEI, Pride support and carbon goals

Tractor Supply ends DEI, Pride support and carbon goals

Shoppers are seen at the parking lot of a Tractor Supply Co. store near Bloomsburg.  Paul Weaver | SOPA Images | Lightrocket | Getty Images Tractor Supply, a retail chain that sells home improvement equipment, livestock and agricultural supplies for farmers and pet owners, is eliminating diversity, equity and inclusion roles; withdrawing carbon emission goals; … Read more

How Walmart’s Sam’s Club is trying to take on Costco’s Kirkland

How Walmart’s Sam’s Club is trying to take on Costco’s Kirkland

Stuck at home during the Covid pandemic, Megan Crozier needed a way to keep her two young children entertained. She bought an inflatable pool from Sam’s Club. The pool began leaking air after just a few uses. For Crozier, chief merchant of the Walmart-owned membership club, that trashed pool — and the disappointment that came … Read more

Amazon Prime Day 2024 sale runs July 16 and 17

Amazon Prime Day 2024 sale runs July 16 and 17

An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024.  Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day megasale will return on July 16 and 17, the company announced Tuesday. Like previous years, Amazon said the event will feature millions of deals, with … Read more

Target taps Shopify to add sellers to its third-party marketplace

Target taps Shopify to add sellers to its third-party marketplace

Target is turning to Shopify to add new and trendier brands to its website. Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Some of Shopify’s customers are smaller or up-and-coming brands that use the e-commerce platform to build and operate a website. Target … Read more

Shein US IPO is dead, experts say

Shein US IPO is dead, experts say

The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein’s hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and … Read more