Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s on Tuesday cut its full-year forecast, saying it anticipates...
Tag: Shopping
It might Be Time To Go Shopping On Crypto, Arthur Hayes Tweets
The cryptocurrency decline has hit most digital assets service providers hard and many are looking for better strategies to weather the storm. In line with the current market conditions, the co-founde...
It’s Time to Go Shopping, Says Arthur Hayes After the Crash
Bitcoin and Ethereum slumped by double-digit percentages weekly after tapping multi-month highs last weekend. This resulted in over $150 billion gone from the entire market cap. Somewhat expectedly, t...
ABBC Foundation Announces Upcoming Global Launching Of its Online Shopping Mall Buyaladdin
Advertisement     A global launch of the online mall Buyaladdin, where all transactions will be conducted in cryptocurrencies, was announced by the ABBC Foundation. Us...
Arthur Hayes Says It Might Be “Time for Shopping”
Alex Dovbnya Former BitMEX boss believes that crypto crash might be perfect opportunity to buy dip Arthur Hayes, former BitMEX CEO, has commented on the “ugly” price action in the cryptocu...
ABBC Foundation’s Global Online Shopping Platform Buyaladdin To Go Live Soon
ABBC Foundation announced the upcoming global launching of its online shopping mall Buyaladdin, where transactions will be held solely in cryptocurrency. Here, users can buy a vast range of products w...
ABBC Foundation to Launch Online Crypto Shopping Mall, Buyaladdin!
Buyaladdin will accept payments in Bitcoin (BTC), Ethereum (ETH), and ABBC Coin (ABBC). A single ABBC will be worth $100 when shopping at Buyaladdin. Anyone can sell pre-loved and new items through li...
Kohl’s (KSS) reports Q2 2022 earnings
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s on Thursday again slashed its financial forecast for the year, s...
Reebok owner Authentic Brands strikes $254 million deal for Ted Baker
A branch of Ted Baker stands on Regent Street in London, England. Jack Taylor | Getty Images News | Getty Images Authentic Brands Group, the retail conglomerate that owns businesses including Reebok, ...
Peloton says it’s slashing 780 jobs, closing stores and hiking prices
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking the prices on some of its equipment in a bid to cut costs and become pr...
Why ‘box fatigue’ may be hitting the apparel industry, Stitch Fix
A selection of men’s clothes packaged by Trunk Club, which was shuttered earlier this year after Nordstrom bought the personal styling service in 2014. Source: Trunk Club After earning a master&...
Warby Parker (WRBY) reports Q2 2022 losses
A general view of the atmosphere at Warby Parker’s store in The Standard, Hollywood Michael Buckner | Warby Parker | Getty Images Warby Parker on Thursday joined the slew of retailers that have ...
Samsung Inks Way for Use of NFTs on Offline Shopping – crypto.news
Samsung has employed NFTs as a pre-order incentive for its products; in South Korea, people who made an advance purchase of a Galaxy S22 or Galaxy Tab S8 tablet received a New Galaxy NFT. Additionally...
Samsung Agrees to Use NFTs for Offline Shopping
Samsung Electronics Co Ltd, a South Korean multinational electronics company, uses non-fungible tokens (NFTs) as a pre-order incentive for their goods. People in South Korea who pre-ordered a Galaxy S...
Zales owner Signet buys online jewelry brand Blue Nile
A pedestrian walks past a Zales store in New York. Scott Eells | Bloomberg | Getty Images Signet Jewelers said Tuesday that it will acquire online jewelry retailer Blue Nile for $360 million in an all...
Allbirds (BIRD) reports Q2 2022 losses
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Monday trimmed its financial forecas...
Why Facebook’s Live Shopping Was Never Meant To Be
Shoppable video will be what drives U.S. consumption, not livestreaming in and of itself. So it is … [+] therefore reasonable to conclude that Facebook and TikTok have both made the right choice...
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s sq...
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Adidas on Tuesday cut its financial forecast for 20...
Glossier to sell in Sephora, makeup brand’s first retail partner
Glossier makeup bottles John Sciulli | Getty Makeup company Glossier announced Tuesday that customers will be able to find its popular “Boy Brow” and “Cloud Paint” products at ...
Weber shares tank as grill maker announces CEO departure amid disappointing sales
Weber Grill accessories are offered for sale at a home improvement store on July 23, 2021 in Palatine, Ill. Scott Olson | Getty Images News | Getty Images Weber shares tumbled 20% in morning trading M...
7-Eleven cuts 880 jobs as part of restructuring
Peter Parks | AFP | Getty Images Convenience store chain 7-Eleven has cut roughly 880 corporate jobs in the United States, CNBC has learned, roughly a year after it completed its $21 billion acquisiti...
Livestream Shopping Stays Hot As Whatnot Valuation More Than Doubles To $3.7 Billion
Whatnot founders Grant LaFontaine (left) and Logan Head are taking on eBay with their livestream shopping platform, popular among collectors. Whatnot Despite a drawdown in venture capital spending, th...
Macy’s speeds up plans to open smaller stores outside of malls
In 2020, Macy’s opened its first Market by Macy’s location, which was in the Dallas-Fort Worth area. Source: Macy’s Macy’s is accelerating its plans to open smaller stores that...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Black Rifle Coffee names former Wendy’s CEO as executive chair
Black Rifle Coffee Company Courtesy: Black Rifle Coffee Company Black Rifle Coffee, a veteran-founded beverage company that went public earlier this year, said Tuesday that it has named former Office ...
Peloton to outsource all manufacturing as part of its turnaround efforts
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton said T...
GameStop launches NFT marketplace as it hunts for growth online
NurPhoto | NurPhoto | Getty Images GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consu...
Why deal experts say you might want to skip it
Prime Day prices may not be Amazon’s best-ever offer Just because something is discounted on Prime Day doesn’t mean it’s the best deal you’ll see anywhere, or even all year. Na...
Airports In Paris Promise ‘Extraordinary Shopping’ Through New Hospitality Concept And Joint Venture
The Extime brand from Groupe ADP and Lagardere Travel Retail will be coming soon to Paris Charles de … [+] Gaulle Airport. Groupe ADP As post-pandemic air travel volumes return, retail at the tw...