Category: Retail News
Chinese e-commerce giant PDD splashes on Super Bowl ad for its Temu U.S. shopping site
It is rare for a Chinese firm to buy a Super Bowl ad spot, which cost millions of dollars. [...]
Jim Cramer’s Investing Club meeting Friday: Be selective buying in this market
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
We’re buying the dip in a beauty stock that stands to benefit from China’s reopening
We're upgrading our rating on the stock back to a 1 and repurchasing half of the 40 shares we sold one month ago. [...]
Amazon is the latest threat to Facebook as ad targeting suffers
Brands are shifting ad budgets away from Facebook and toward Amazon now that targeting users across social networks has become more difficult. [...]
TV prices sink ahead of the Super Bowl — here are the best deals
Historically, TV prices approach their lowest point right before Super Bowl Sunday. This year, the deals are even better. [...]
Vita Coco wants its coconut water to be your cocktail mixer — and your hangover cure
Vita Coco is launching a canned cocktail with Diageo, partnering with DoorDash in a Super Bowl promotion and expanding its non-dairy milk into new cof [...]
Adidas shares tank after it issues warning over unsold Yeezy stock
Adidas shares plummeted after the company said it could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to sell Yeezy [...]
Baby killed, another injured in strollers sold by major retailers, CPSC says
The Consumer Product Safety Commission warned about the risk of head and neck entrapment in Baby Trend strollers after a baby was killed and another i [...]
Luxury brands diverge: Tapestry stock rises while Capri slides after earnings
Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri's disappointing third quarter ea [...]
Iconic Kobe Bryant jersey sells for record $5.8 million at auction
The jersey worn by the late basketball star during 25 games of his 2007-2008 season is now the most expensive Kobe Bryant item ever sold at auction. [...]