Retail

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The founder who launched the ‘Amazon of Latin America’ from a parking garage has transformed retail in the region—and earned himself $7 billion

The founder who launched the ‘Amazon of Latin America’ from a parking garage has transformed retail in the region—and earned himself $7 billion

By Leo Schwartz

February 1, 2024

a person holding a black sneaker shoe

Adidas decides not to write off its remaining Yeezy inventory as CEO warns of potential $850M profit shortfall

By Prarthana Prakash

February 1, 2024

Walmart wants you, yes you, to get into its stock with its first stock split since 1999

Walmart wants you, yes you, to get into its stock with its first stock split since 1999

By Marco Quiroz-Gutierrez

January 31, 2024

Huy Fong Foods Sriracha bottle melted with sauce seeping out.

What really caused the sriracha shortage? 2 friends and the epic breakup that left millions without their favorite hot sauce

January 30, 2024

How Reformation’s CEO expanded the trendy brand beyond dresses to achieve ‘double-digit’ profitability

By Emma Hinchliffe and Joey Abrams

January 26, 2024

people queuing outside a louis vuitton store

Bernard Arnault’s LVMH is stepping into 2024 with confidence after its highest-end products defy luxury slump

By Prarthana Prakash

January 26, 2024

Bernard Arnault’s Dior is at the center of a South Korean political scandal after First Lady ‘gifted’ $2,000 bag

Bernard Arnault’s Dior is at the center of a South Korean political scandal after First Lady ‘gifted’ $2,000 bag

January 26, 2024

a person sitting on a bed with miscellaneous furniture items in the background

Ikea is busy cutting prices while everything else gets expensive—and the group’s CEO says it wasn’t ‘rocket science’ to make that call

By Prarthana Prakash

January 24, 2024

Niraj Shah, co-founder and chief executive officer of Wayfair Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. The 36th annual event gathers many of America's wealthiest and most powerful people in media, technology, and sports. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Wayfair layoffs slash 13% of its workforce after CEO Niraj Shah warned staff ‘laziness isn’t rewarded’

January 23, 2024

Gen Z loves self-checkout because it makes shoplifting easy—and retailers are flailing as they scramble to undo it

Gen Z loves self-checkout because it makes shoplifting easy—and retailers are flailing as they scramble to undo it

By Sasha Rogelberg

January 23, 2024

Legendary CEO James Keyes: Here’s how I saved 7-Eleven–and why I couldn’t save Blockbuster

Legendary CEO James Keyes: Here’s how I saved 7-Eleven–and why I couldn’t save Blockbuster

January 22, 2024

Costco is cracking down even further on card borrowing

Costco is cracking down even further on card borrowing

By Chris Morris

January 17, 2024

Toxic customers, unproductive employees, and contagious pessimism: How the hopelessness epidemic is taking the workplace by storm

Toxic customers, unproductive employees, and contagious pessimism: How the hopelessness epidemic is taking the workplace by storm

By Jennifer Moss and Jen Fisher

January 16, 2024

China sees $157B rout in consumer stocks as price wars, lack of confidence, and weak income growth take their toll: ‘No player is immune’

China sees $157B rout in consumer stocks as price wars, lack of confidence, and weak income growth take their toll: ‘No player is immune’

By Charlotte Yang and Bloomberg

January 14, 2024

How the immigrant inventor of Edible Arrangements turned a modest loan at age 17 into a multimillion-dollar business

How the immigrant inventor of Edible Arrangements turned a modest loan at age 17 into a multimillion-dollar business

January 14, 2024

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