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Walmart Settles Opioid Claims for $3.1 Billion

Walmart has agreed to a $3.1 billion settlement framework to resolve substantially all lawsuits (current and potential) by state, local and tribal governments related to the opioid crisis. According to…

News November 15

TV Commerce: 3 Ways to Make Shopping Click for Consumers

Selena Gomez fans may love her wardrobe in Only Murders in the Building, but those who want to buy clothes like the ones she wears — or products advertised during…

Executive Viewpoints November 15
New shopping app TRYO aims to make AR more accessible for consumers and brands.

New Shopping App TRYO Aims to Make AR Try-On More Accessible to Consumers and Brands

3D and AR design studio QReal is moving deeper into direct commerce with the launch of the new multi-brand, multi-category shopping app TRYO. With more than 500 items at launch…

News November 14

NYT: Amazon Could Lay Off as Many as 10,000 Employees in Corporate and Tech Jobs

Amazon reportedly plans to lay off as many as 10,000 employees in corporate and technology jobs starting as soon as this week, people familiar with the matter told The New…

News November 14
Amazon has debuted new drone and robotics technology to bring fulfillment to the next level.

Amazon Debuts Next-Generation Drone Design and Fulfillment Robot

Last week at the inaugural Delivering the Future event, Amazon welcomed the outside world to its new robotics manufacturing facility, BOS27, in Westborough, Mass. But the 350,000-square-foot facility — which…

News November 14

H&M, Kering, Stella McCartney Join Support for Forest-Friendly Supply Chains

Major retail industry players including H&M, luxury brand holding company Kering and Zara parent company Inditex have agreed to purchase 550,000 metric tons of sustainable alternatives to materials sourced from…

News November 14
Sally Beauty to Close 350 Stores By Year End

Sally Beauty to Close 350 Stores By Year End

Sally Beauty Holdings will close 350 stores, many within the U.S., during December 2022 as the retailer continues efforts to improve its profitability. The company also noted that it would…

News November 14
Toys 'R' Us American Dream

NJBIZ: American Dream Reaches Deal with Lenders for 4-Year Extension on Loan Repayment

American Dream owner Triple Five Group has reportedly reached a deal with lenders to get a four-year extension for repaying its $1.7 billion in construction financing loans, according to NJBIZ.…

News November 14
TikTok has reportedly launched is Shop commerce platform in the U.S.

Semafor Report: TikTok Quietly Launches In-Platform Shopping in the U.S.

TikTok has reportedly launched its much-discussed ecommerce platform, TikTok Shop, in the U.S., according to Semafor, allowing U.S. TikTok users to make purchases directly on the platform rather than linking…

News November 14
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