People walk through the King of Prussia mall, on Black Friday, in King of Prussia, Pennsylvania. Sarah Silbiger | Reuters Instead of rushing to malls, Black Friday shoppers largely headed to retailers’ websites this year. The deal-heavy holiday came in the middle of a sales season that began in October …
Read More »Time to test the limits of e-commerce
An employee wearing a protective mask scans a package at an Amazon.com Inc. fulfillment center in Kegworth, U.K., on Monday, Oct. 12, 2020. Chris Ratclifre | Bloomberg | Getty Images Cyber Monday will put retail websites and warehouses to their biggest test yet. The industry is bracing for what is …
Read More »Holiday gift-givers want their money to matter
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, as Davis’ daughter Chrstiana Davis looks on, at the store in the Windsor Hills neighborhood of Los Angeles, California, November 24, 2020. Patrick T. Fallon | AFP | Getty Images Holiday shoppers are not only …
Read More »Gap (GPS) reports Q3 2020 earnings, names new Banana Republic chief
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares fell Tuesday after the company reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta, while the company’s namesake and Banana Republic …
Read More »Zoom, Nikola, FireEye, Intuit & more
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video-conferencing company jumped more than 6% amid a rise in Covid-19 cases. Zoom has been one of the key “stay-at-home” trades, and shares are up 550% this year. Nikola — The electric vehicle maker declined …
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