Retail industry
Cramer: Amazon’s AI edge is ‘game, set, match’ heading into the busy holiday shopping season
CNBC’s Jim Cramer said Monday that Amazon ‘s AI-powered retail business is a vertical that “can’t be challenged,” heading into the long Thanksgiving shopping weekend. “I don’t see OpenAI challenging Amazon retail,” Cramer said on ” Squawk on the Street .” “They’re not going to stop these guys when it comes to retail.” While OpenAI’s […]
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Kohl’s names Michael Bender as permanent CEO after a turbulent year and sales declines
Michael Bender named Kohl’s Interim CEO. Courtesy: Kohl’s Kohl’s said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth. He becomes the third CEO for the department store in about three years. The move is effective […]
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How Alibaba overcame Beijing’s crackdown to become an AI giant
On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What followed was four years of […]
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Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Summit likely referred to California’s […]
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The senior population is booming. Caregiving is struggling to keep up
Maskot | Maskot | Getty Images In November 2022, Beth Pinsker’s 76-year-old mother began to get sick. Ann Pinsker, an otherwise healthy woman, had elected to have a spinal surgery to preserve her ability to walk after having back issues. What Ann and Beth had thought would be a straightforward recovery process instead yielded complications […]
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Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye
Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Apparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake brand after its viral “Better […]
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As holidays approach, value players Walmart and T.J. Maxx are drawing the cash-strapped and the wealthy
Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear — value players are winning both the wealthy and the cash-strapped. Walmart and T.J. Maxx’s parent company TJX stood apart from the pack this week […]
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Bath & Body Works stock plunges as retailer misses third-quarter earnings, announces turnaround plan
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works Inc. stock plunged Thursday after the company reported “disappointing” third-quarter earnings and slashed its full-year outlook, citing “macro consumer pressures.” Shares sank nearly 25% […]
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Walmart will report earnings before the bell. Here’s what to expect
A sign with the Walmart logo is seen outside of a Walmart store in Selinsgrove. Paul Weaver | SOPA Images | Lightrocket | Getty Images Walmart will report fiscal third-quarter earnings before the bell on Thursday and give the latest read on consumer spending as the retail industry heads into the holiday season. Here’s what […]
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T.J. Maxx and Marshalls owner hikes outlook as CEO says holiday season is off to a ‘strong start’
The T.J. Maxx logo is displayed at a T.J. Maxx store on August 20, 2025 in Pasadena, California. Mario Tama | Getty Images The CEO of TJX Cos. said Wednesday the holiday shopping season is off to a “strong start” as the discounter behind T.J. Maxx, Home Goods and Marshalls issued fiscal third-quarter results that […]
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