With a $6.2 billion valuation and $385 million in revenue, Farfetch is trading a richer valuation than even Amazon. » Read More
By: Sarah O'Brien
Over a quarter of consumers say they'll spend more on gifts than they did last year. Among millennials, that share is 41 percent. » Read More |
By: Karin Shedd
By year-end, the global color cosmetics industry will be worth $48.3 billion. As consumer demand for makeup increases, the strategies of cosmetic retail giants Sephora and Ulta are converging. » Read More |
Nike shares just sprinted to an all-time high, and some market watchers foresee even bigger gains.
The Huawei van was serving juice to passers by with the tagline: "Get ju%ce that lasts," followed by "No traces of Apple." The reference was to battery life.
Jim Cramer points to the action in retail stocks as a sign that the economic windfall from the U.S.-China trade spat won't affect U.S. consumers as much as people think.
Nostalgia over the loss of Toys R Us may have boosted toy sales in the beginning of the year, but it won't be enough heading into the holiday season.
Morgan Stanley reiterates its overweight rating for Amazon shares, saying customer data from its brick and mortar stores will lead to more sales.
A Colorado-based meat producer is recalling more than 132,000 pounds of its ground beef due to possible E. coli contamination, and the USDA is concerned the product could be in consumers' freezers.
Zenput is a mobile platform that helps restaurants, convenience stores and retailers track their operations using a tablet or phone. The software allows managers to assign a checklist of specific tasks to various jobs, like opening the store.
German beer drinkers and makers are changing. Quality, not quantity, is what German beer drinkers want now, The Financial Times reports.
Under Armour says it plans to cut about 3 percent of its global workforce by March as part of a restructuring.
The retailer, which also owns Banana Republic and Old Navy, is launching its premium activewear brand called Hill City in mid-October.
Darden posted better-than-expected fiscal first-quarter earnings, buoyed by strong sales at most of its restaurants, and a raised outlook for 2019.
Amazon currently has three of these locations — known as Amazon Go — open in Seattle, where the company is headquartered, and on Monday opened a location in Chicago.
Target is teaming up with Chrissy Teigen: The model and social media star is launching a cookware collection in stores later this month, The Business Journals reports.
Denny's is driving its 53-foot mobile kitchen to the Carolinas this week to provide free food to those in need.
P&G said its shaving subsidiary will immediately stop buying the hair and sell off its existing inventory, which ranges in price from $30 for an entry-level brush to $250 for its Silvertip Engraved brush.
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