Chinese Online Retailer

Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods

Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal products

Tech - ABC News - 5 hours ago

Why major retailers are closing stores

Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Halloween’s Mutation: From Humble Holiday to Retail Monstrosity

Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.

Business - The New York Times - October 19

Chinese hackers target GOP campaigns

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Chinese influence campaigns amp up worries over election meddling Reports of Chinese actors allegedly ...

Politics - The Hill - 2 days ago

How to detect online image manipulation

With so many online images looking authentic, it can be hard to tell what's real. The CBS News Confirmed team, led by Executive Producer Melissa Mahtani and Producer Alex Clark, shares tips on how ...

OpenAI brings online search to ChatGPT

Move takes aim at rivals including Google and Perplexity

Business - Financial Times - 2 hours ago

Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why

Holiday shoppers have driven retailers to change their seasonal strategies.

Business - Inc. - October 13

National Retail Federation predicts record 2024 holiday sales

Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...

Politics - The Hill - October 15

Retailers Can Expect Another Record-Breaking Holiday Season

The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.

Business - Inc. - October 15

Beyond to Make Physical Retail Comeback With Investment in The Container Store

Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.

Business - The Wall Street Journal - October 15

Amazon announces first Kindle ever with color screen, retailing for $279

The company is refreshing its entire e-reader lineup, launching four new Kindle devices.

Business - CNBC - October 16

Amazon announces first Kindle ever with color screen, retailing for $279

Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Iran foreign minister visits Egypt as leaders try to contain regional war

Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza

Business - Financial Times - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

China reports better-than-expected retail sales and industrial production data

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

Business - CNBC - October 18

Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing

Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza

Business - Financial Times - October 18

British retail sales beat forecasts to rise for third straight month

Tech purchases fuel unexpected growth of 0.3%

Business - Financial Times - October 18

How small Canadian retailers are thriving on multiple sales channels

World - Yahoo News - October 22

Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.

Business - MarketWatch - October 23

Target, Walmart and other retailers announce price cuts ahead of holidays

Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...

Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels

Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.

Business - Inc. - October 23

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - October 24

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.

Prop 36 supporters say it will combat California's retail theft. Here's what to know.

CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.

BNP Paribas Investment Bank Growth Offsets Retail Weakness

BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.

Business - The Wall Street Journal - 13 hours ago

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...

Business - MarketWatch - 4 hours ago

BBC boss warns of Russian and Chinese propaganda

The UK is losing out because of cuts to the World Service, the BBC's director general warns.

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Chinese carmakers deny intent to ‘overthrow’ western rivals

In Paris for motor show, companies including Xpeng and GAC pledge their long-term commitments in effort to allay concerns

Business - Financial Times - October 14

Chinese Automakers Show Force at Paris Auto Show

Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.

Business - The New York Times - October 15

DHS deports Chinese migrants on charter flight

The Department of Homeland Security (DHS) deported a group of Chinese migrants earlier this week on a charter flight to China, according to officials. Tuesday's flight marked the second removal of ...

Politics - The Hill - October 17

Chinese economic slowdown deepens, official figures show

Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.

Why Chinese Are Rushing Into a ‘Casino’ Stock Market

Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.

Business - The New York Times - October 21

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

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