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Last-Minute Bargain Hunters Raised Holiday Retail Sales Over 2023
Mastercard found online retail spending during the holiday grew by 6.7 percent over last year.Inc. - 2h -
Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon's Zoox loom
Waymo may have outlasted GM's Cruise to lead the U.S. market but Elon Musk's Tesla and Amazon's Zoox are working to catch up.CNBC - 20h -
As Retailers Offered Holiday Discounts, Shoppers Showed Up
Total spending from Nov. 1 through Dec. 24 rose 3.8 percent, data released by Mastercard SpendingPulse showed.The New York Times - 1d -
Nvidia sees 'remarkable' influx of retail investor dollars as traders flock to AI darling
Everyday traders bought nearly $30 billion of Nvidia shares on net this year, Vanda data shows.CNBC - 1d -
Retailers, chains that announced closures in 2024
It was another tough year for restaurants and traditional brick-and-mortar retailers. Several national chains announced closures and bankruptcies in 2024 – not to mention the local small businesses ...The Hill - 18h -
Our readers’ most purchased Amazon products in 2024
We rounded up our readers favorite Amazon products from 2024. Bestselling items include the Amazon Smart Plug, acne and skincare treatments and travel gadgets.NBC News - 19h -
What to know about after-Christmas sales from Amazon, Walmart and more
Bargain hunters are busy amid seasonal discounts and "going out of business" sales by at least two retailing chains.CBS News - 22h -
What to know about this year's post-holiday sales as retailers brace for returns
Millions of Americans are expected to do online shopping during their off time between Christmas and New Year's Day and in stores, several clearance products will be hitting shelves. Jordyn Holman, ...CBS News - 1d -
Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon's Zoox loom
Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future.NBC News - 1d -
US retail’s multibillion-dollar returns problem
Processing the increasing mountain of unwanted, used or damaged goods is hitting profitsFinancial Times - 1d -
Boom in US retail real estate defies prediction of ecommerce apocalypse
Availability of outdoor shopping centre space is at its lowest in nearly two decadesFinancial Times - 1d -
Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling
Nvidia is on pace to dethrone Tesla, the retail investor favorite that earned the most-bought title last year.NBC News - 2d -
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'Stressed' Amazon driver abandons 80 packages in Mass. woods during holiday shipping rush
Dozens of Amazon packages were discovered abandoned in the woods of a Massachusetts town mere days before Christmas, but it wasn't the Grinch stealing presents — it was a delivery driver who said ...NBC News - 3d -
Both sides of Amazon scored big wins this year that should carry over into 2025
A fast-growing advertising business was the icing on the cake in 2024.CNBC - 3d -
How e-commerce is disrupting traditional seasonal work in retail
Online shopping sales reached a record $41.1 billion this holiday season. The shift to e-commerce has continued to transform the seasonal work landscape.CNBC - 3d -
Small retail investors hold about 9.5% of bitcoin. Here’s why that doesn’t tell the full story.
Here’s your comprehensive road map for tracking the footprint of retail investors across bitcoin’s $2 trillion market cap.MarketWatch - 3d -
Amazon and Starbucks Workers are on Strike. Trump Might Have Something to do With It
The President-elect was no fan of unions during his first term, though observers suggest he may be more accommodating on labor issues when he returns to office.Inc. - 3d -
From Amazon warehouse to port strikes, shippers and the DOT are preparing for an unpredictable 2025
Amazon worker labor action amid the holidays, and the threat of a ports strike in January, has shippers preparing for a chaotic start to 2025.CNBC - 3d -
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...NBC News - 4d -
The Spy Who Didn’t Love Amazon, or Why You’ll Have to Wait for Your James Bond Fix
It’s been a minute since 007 has graced the silver screen, not because of a supervillain, but because of a conflict between the franchise producer and the tech giant’s algorithmic approach to content.Inc. - 4d -
Nordstrom Family Reaches $4 Billion Deal to Take Retailer Private
The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool.The Wall Street Journal - 4d