Artificial Intelligence is here to stay: Sarah Ponczek
Sarah Ponczek and Luke Lloyd discuss their tech and A.I. outlooks, the impact on airfreight and shipping rates from Shein and Temu, and the Fed's handling of rates.
Amazon launching Shein, Temu competitor with direct shipping from China
E-commerce giant Amazon is preparing its most aggressive move yet against China-linked discount online retailers Temu and Shein with a bargain shop of its own.
NHL, Fanatics unveil on-ice player uniforms to be worn for 2024-25 season
The NHL and Fanatics unveiled their on-ice player uniforms for the 2024-25 season, with the global sports leader stressing the importance of collaboration to get the jersey right.
Arkansas AG sues Temu over alleged ‘deceptive tactics’ harming consumers: 'Data theft business'
The State of Arkansas is taking legal action against the Chinese fast fashion retailer Temu over alleged "deceptive tactics" involving "data theft."
Tom Brady joins Gopuff, instant commerce leader, in multiyear strategic partnership
Tom Brady and Gopuff announced a multiyear strategic partnership on Thursday, where the legendary NFL quarterback will be hands-on in helping drive innovation and more.
Real estate expert Mitch Roschelle dismantles South Florida housing bubble concerns
Madison Ventures+ Managing Director Mitch Roschelle joins ‘Varney & Co.’ to analyze the housing market as the average 30-year-fixed mortgage rate hits 7.22%.
Amazon CEO Andy Jassy touts AI push in shareholder letter
Amazon CEO Andy Jassy touted the company's AI development and shed light on how it crafts AI products and services in his annual letter to Amazon shareholders.
Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
Biden administration's lawsuit against Amazon will hurt South Carolina: Stephen Gilchrist
South Carolina African American Chamber of Commerce Chairman Stephen Gilchrist argues the FTC antitrust lawsuit against Amazon will harm small businesses on 'The Big Money Show.'
Amazon launches AI-powered shopping assistant Rufus
Amazon launched its new Rufus AI-powered shopping assistant on Thursday to a select group of beta users ahead of a broader rollout to all U.S. users in the coming weeks.
Walmart boost in compensation for superstore managers could reach $400,000
Walmart increased the size of compensation packages for store managers that will allow managers of the biggest stores to earn upwards of $400,000 annually with stock grants and bonuses.
David's Bridal is 'luxury for less': CEO Jim Marcum
David's Bridal CEO Jim Marcum discusses the wedding gown retailers' digital plan on 'The Claman Countdown.'
Amazon holding second Prime sale ahead of holiday season
Amazon announced Tuesday it's planning another exclusive sale for Prime members this year and it will kick off right before the 2023 holiday season.
Overstock CEO has big plans for Bed, Bath & Beyond’s leftovers
Overstock CEO Jonathan Johnson is taking the best from his company and Bed Bath & Beyond and combing them to create a powerhouse e-commerce brand in North America.
Anti-woke marketplace PublicSq. to begin trading on NYSE
PublicSq., an online marketplace aiming to be the conservative alternative to Amazon, is going public on the New York Stock Exchange this week under ticker symbol PSQH.
Amazon's 2023 Prime Day sets new sales record
Amazon's Prime Day 2023, spanning July 11-12, was its biggest two-day sale event in company history. Independent sellers also had the biggest Prime Day in history.
Sriracha sauce shortage causes prices to spike upward of $70 a bottle
Businesses and people who have managed to get their hands on a popular sriracha sauce brand are listing the spicy condiment for high prices, but consumers are split on the costs.
Will new organized retail crime law help retailers?
The INFORM Consumers Act requires online marketplaces like Amazon and Facebook to protect consumers from counterfeit, unsafe and stolen goods from bad actors.
FedEx shares fall on quarterly revenue miss
FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.
Alibaba names new CEO to replace Daniel Zhang in major management reshuffle
Alibaba's current chief executive Daniel Zhang will be replaced, the company announced, amid a major management shuffle in an effort to promote its cloud intelligence services.