Latest Retail and wholesale News
Small businesses can capitalize on Small Business Saturday with some planning
NEW YORK (AP) — Small Business Saturday — the Saturday after Thanksgiving — is coming up. But it doesn’t always translate to big sales for small businesses. There are some things small business owners should keep in mind when marketing themselves for the big holiday shopping weekend. ...
Shopify: Q3 Earnings Snapshot
OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Shopify Inc. (SHOP) on Tuesday reported third-quarter earnings of $828 million. The Ottawa, Ontario-based company said it had net income of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share....
Chinese e-commerce firms report growth in sales, shoppers for Singles' Day shopping festival
HONG KONG (AP) — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed. Alibaba, which operates the Taobao and Tmall e-commerce platforms,...
Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street's expectations. The home improvement retailer also boosted its full-year revenue outlook. Revenue for the...
1stdibs: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — 1stdibs.com Inc. (DIBS) on Friday reported a loss of $5.7 million in its third quarter. On a per-share basis, the New York-based company said it had a loss of 15 cents. The upscale online retailer posted revenue of $21.2 million in...
A tiny island in the Caribbean seeks help from London after a politician is slain
ST. JOHN’S, Antigua (AP) — Antigua and Barbuda is seeking help from authorities in London to solve the killing of a member of Parliament in the Caribbean island nation who was found stabbed to death this week. The decision was taken Wednesday by Cabinet members who also announced...
Amazon workers in Alabama will have third labor union vote after judge finds illegal influence
MONTGOMERY, Ala. (AP) — Amazon workers in Alabama will decide for the third time in three years whether to unionize after a federal judge ruled that the retail giant improperly influenced the most recent vote in which employees rejected a union. Administrative law judge Michael...
Beyond Meat reverses revenue slide by raising prices on its plant-based products
Beyond Meat reversed a sales slide in the third quarter, growing revenue for the first time since 2022 as it charged higher prices for its plant-based meat. The El Segundo, California-based company said Wednesday its revenue rose 7.6% to $81 million in the July-September period. That...
A TV as big as a bed? With the holidays approaching, stores stock more supersize sets
NEW YORK (AP) — For some television viewers, size apparently does matter. Forget the 65-inch TVs that were considered bigger than average a decade ago. In time for the holidays, manufacturers and retailers are rolling out more XXL screens measuring more than 8 feet diagonally....
Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it
It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too. Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping...
