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Retail industry

In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era

Designer Michael Kors poses backstage before the Michael Kors Collection Fall 2017 runway show at Spring Studios in New York City on Feb. 15,...

Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store

The logo of Alibaba's e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023.Reuters...

‘Well-located’ East Peoria shopping center sold for $2.6 million

The recent purchase of Gateway Plaza by a Chicago private equity group does not seem to mean any immediate changes for the shopping center’s...

How retailers and media companies are teaming up to bring live shopping to the 2024 VMAs

When viewers tune in to the 2024 MTV VMAs on Wednesday night, they'll be able to shop the outfits and designer looks they're seeing...

NFL’s games in Brazil, Europe are key to more revenue growth, Goodell says

The National Football League kicks off its first-ever game in South America on Friday night, as the league pushes to grow its footprint overseas.As...

Beyond Meat to launch new steak alternative as it focuses on health

Beyond Meat in El Segundo, California, on May 30, 2024.Christina House | Los Angeles Times | Getty ImagesBeyond Meat will introduce a whole-muscle steak...

Molson Coors pumps the brakes on DEI practices

Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesMolson Coors is the latest...

Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst

Jakub Porzycki | Nurphoto | Getty ImagesThe nearly 30% drop in shares of Chinese online retailer PDD Holdings is "too much of a correction,"...

These 3 retail stocks are set up to win this back-to-school shopping season

Backpacks, Stanley water bottles and No. 2 pencils. This year's back-to-school must-haves are a mix of the new and the (very) old. But the...

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Restaurants Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.CNBC (L) | Getty Images (R)Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with...

Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls

A customer enters a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan...

Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales

Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending...

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