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PULILAN, PHILIPPINES - JUNE 26: A live host promotes products for a skincare brand on a TikTok Shop livestream at one of the studios of Ownline Marketing on June 26, 2024 in Pulilan, Bulacan province, Philippines. Ownline Marketing, an agency that specializes in marketing brands on TikTok Shop and other e-commerce platforms, began only early this year with just one client but has quickly expanded to serving more than a dozen local and foreign brands, operating full production studios and delivering slick livestreams reminiscent of television home shopping channels. TikTok Shop, the e-commerce platform within the popular short video app, has spurred a booming live selling industry in the Philippines, where businesses are benefiting from TikTok's prized algorithm to sell more and faster, disrupting the market for other established e-commerce platforms in the region. However, a proposed bill in the Philippine Congress, House Bill 10489, introduced amid geopolitical tensions with China and following similar moves by other countries, aims to ban "foreign adversary-controlled" apps, likely targeting TikTok and could threaten the livelihoods of many Filipinos who have built their businesses on the platform​​​​. (Photo by Ezra Acayan/Getty Images)
Retail

TikTok Shop set to launch in Spain and Ireland this summer—a move to boost ByteDance’s e-commerce efforts in Europe

By Zheping Huang, Olivia Poh and Bloomberg
July 23, 2024
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
Retail

Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion

By Jack Sidders and Bloomberg
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Retail

A London upmarket organic grocery store is blaming its ‘entitled’ wealthy customers for stealing over $1.2 million worth of goods each year

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Tech

This Gen Z startup raised $41.5 million as the ‘anti-Facebook’

By
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To get a discount from this mattress company, you have to negotiate with its AI
Tech

To get a discount from this mattress company, you have to negotiate with its AI

By
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Retail

Retailer bans personal checks after rise in fraud

By Anne D'Innocenzio and The Associated Press
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An Amazon delivery driver unloads boxes from a crammed van.
Retail

Amazon got blasted by environmental groups for years over using reams of plastic. Now it’s switching to recycled paper packaging

By The Associated Press and Michelle Chapman
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Tim Cook
Tech

Apple exits buy-now-pay-later business as the sector draws regulatory scrutiny

By Mark Gurman and Bloomberg
June 17, 2024
Photo of John David Rainey
Retail

Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: ‘That’s a trend that’s not going to reverse,’ CFO says

By
June 17, 2024
An older woman with a shopping cart walks down a grocery store aisle.
Finance

U.S. shoppers can’t shake inflation gloom as consumer sentiment slumps for third straight month

By Christopher Rugaber and The Associated Press
June 14, 2024
Kohl's store and empty parking lot
Retail

Kohl’s is spiraling as picky customers choose TJMaxx instead

By Lily Meier and Bloomberg
May 30, 2024
An Amazon Fresh worker restocks citrus in a store.
Retail

Amazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customers

By
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Walmart, Target and McDonald’s among slew of retailers promsing steep summer price cuts as food inflation bites consumers
Retail

Walmart, Target and McDonald’s among slew of retailers promsing steep summer price cuts as food inflation bites consumers

By Anne D'Innocenzio and The Associated Press
May 28, 2024
Customers at Pop Mart's Los Angeles, California store.
Retail

This millennial-founded Chinese company scored a $6 billion valuation selling mystery toys. Now it wants to cash in on America’s cuteness craze

By
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Actor and model Angie Harmon
Retail

Actor and model Angie Harmon is suing Instacart and a former shopper who killed her dog—’I think Instacart is beyond responsible for all of this’

By
May 16, 2024

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