JD.com Wins Antitrust Suit in China; Alibaba Fined $140 Million
JD.com has won a lawsuit against rival Alibaba Group in the High People’s Court of Beijing, which fined…
News January 2
Latest In: Market News
Nike Plans to Cut $2 Billion in Costs; Layoffs Imminent as Strategy Pivot Continues
Nike has laid out a plan to cut up to $2 billion in costs over the next three…
News January 2
The Container Store Names New Digital Chief, SVP of Stores
The Container Store has promoted two executives as it continues to focus on strengthening its “Custom Spaces” business.…
News December 28
NRF: Returns Reach 14.5% of Sales in 2023, Fraud Contributed $101 Billion in Losses
Returns totaled $743 billion in 2023, amounting to 14.5% of all retail sales, according to a report from…
News December 27
Temu Sues Shein for ‘Mafia-Style’ Anticompetitive Behavior, Ending Short-Lived Truce
The battle between Chinese discount shopping apps Shein and Temu is getting downright nasty. Temu has filed a…
News December 15
Save A Lot Makes Interim CEO Appointment Permanent
Discount grocery chain Save A Lot has named interim CEO Fred Boehler to the role permanently. Boehler has…
News December 15
Investors Propose to Take Macy’s Private with $5.8 Billion Buyout Bid
An investor group composed of real estate investment firm Arkhouse Management and asset manager Brigade Capital have submitted…
News December 11
TikTok Aims to ‘Transform Indonesia’s Ecommerce Sector’ Through Partnership with Tokopedia
In early October, Indonesia dealt TikTok a blow when it banned ecommerce on social media. Now, just two…
News December 11
Michelle Gass to Take the Reins at Levi’s when CEO Chip Bergh Retires in 2024
Current Levi Strauss & Co. President Michelle Gass will succeed CEO Chip Bergh when he retires next year,…
News December 8Featured
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