Nordstrom reportedly trying to go private
Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped more…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
People shop at the Macy’s store on Herald Square on January 19, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images Consumer spending bounced…
Currys shares plunge after U.S. investor Elliott pulls out of takeover race
A Currys Plc store on Oxford Street in central London, UK, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images LONDON — Elliott Investment Management said Monday it…
Why Walmart’s quick success in gen AI search should worry Google
Doug McMillon, chief executive officer of Walmart Inc., left, and Satya Nadella, chief executive officer of Microsoft Corp., during the 2024 CES event in Las Vegas, Nevada, US, on Tuesday,…
How Sony PlayStation beat Microsoft and Nintendo in console wars
It’s been three decades since the Sony PlayStation first brought to life some of the video game industry’s most beloved franchises. Sony Interactive Entertainment president and CEO Jim Ryan is…
Oura to sell its smart rings on Amazon as Apple, Samsung rivalry grows
A closeup of Oura’s Gen3 Horizon ring and its sensors. Oura Oura will now sell its smart rings on Amazon, its latest retail expansion as the health and wellness wearable…
Chinese retailers further discount iPhone 15 amid slowing sales
Customers are experiencing the newly launched iPhone 15 at Apple’s flagship store in Shanghai, China, on September 24, 2023. CostFoto | Nurphoto | Getty Images Major Chinese third-party retailers JD.com,…
Yum China CEO says consumers are growing more ‘rational’
A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese…
Top Amazon aggregator Thrasio files for bankruptcy
Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.…
GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks…