Retail

RetailEurope banned most oil shipments from Russia but now its guzzling diesel from India, a leading buyer of Russian crude
BYPrejula Prem and Bloomberg
RetailCyber Monday’s buying frenzy is bigger than expected, capping a record 5-days of holiday sales and limited recession fears
BYSpencer Soper and Bloomberg
AsiaBuzzy fast-fashion retailer Shein, believed to exceed Zara and H&M in U.S. sales, files confidentially for an IPO
BYMatthew Monks, Olivia Rockeman, and others
RetailAmazon is set to deliver 5.9 billion packages this year—more than UPS or FedEx in a big reversal
BYChris Morris
PoliticsOne of the biggest Czech protests since the Communist era just broke out over orthodox capitalism and balancing the budget
BYPeter Laca and Bloomberg
AsiaTaiwan tech firm’s stock soars 40% on booming demand for smartphones and its new AI chip—leaving U.S. rival Qualcomm behind
BYCharlotte Yang and Bloomberg
FinanceBeaten-up investors put more than $60bn in a group of funds meant for stormy markets—but just a few months later the trade is misfiring
BYEmily Graffeo and Bloomberg
HealthWegovy maker Novo Nordisk could make prices flexible—without cutting them—to persuade more health systems to cover the weight-loss drugs
BYPrarthana Prakash
Retail‘That’s not a Black Friday deal’: Pinched shoppers hold out for deeper discounts—boding ill for earnings
BYJeannette Neumann, Olivia Rockeman, and others
RetailBlack Friday discounts won’t be enough to bring in financially stressed shoppers, retailers fear: ‘The consumers are saying, “I will shop when it’s convenient for me”‘
BYAnne D'Innocenzio and The Associated Press
RetailGen Z is turning to the second-hand market because of the cost of living crisis—not climate change, says eBay’s U.K. chief
BYOrianna Rosa Royle
LeadershipHow Edible Arrangements is ditching its ‘granny’ brand as it tracks to hit $500 million in sales this year
BYRuth Umoh
HealthNovo Nordisk responds to U.S. rival Eli Lilly by announcing new $2.3 billion investment in France to keep up with soaring demand for weight-loss drugs
BYReuters
RetailVolkswagen hiking U.S. factory workers’ pay by 11% following union pressure
BYReuters
LifestyleHow to watch the 2023 Macy’s Thanksgiving Parade for free—and without cable
BYChris Morris
RetailHere’s who’s open (and closed) on Thanksgiving 2023
BYChris Morris
RetailHere’s which restaurants are open (and closed) on Thanksgiving 2023
BYChris Morris
CommentaryBeer, wine, cocktails: Here’s how climate change is imperiling our Thanksgiving booze
BYMike Hoffmann
RetailNew car sales in Europe pop as EVs record 36% increase and hybrids account for nearly 3 in 10 vehicles sold
BYReuters
RetailCEO of Europe’s largest budget airline brushes off Italy’s investigation into low-cost carriers as a ‘joke’
BYRyan Hogg
LeadershipLVMH family succession drama heats up as Bernard Arnault’s eldest son Antoine steps down as CEO of Berluti
BYAngelina Rascouet and Bloomberg
RetailBed Bath & Beyond investor slams the board chair for allegedly accusing reality star colleague Marcus Lemonis of a ‘secret nefarious plot’ and refusing his help
BYPaolo Confino
RetailConsumers will spend record amounts on Black Friday and Cyber Monday this year, Deloitte says—and you can thank millennials
BYChris Morris
RetailSelf-checkout counters encourage shoplifting among middle-class Brits, Marks & Spencer chairman says
BYPrarthana Prakash
Retail20,000 Amazon workers in Spain set to walk out on Cyber Monday
BYReuters
RetailBritain’s next government will need to raise taxes to tackle an aging population and a surge in borrowing costs
BYReuters
RetailShoplifting has become such a pain in Spain that supermarkets are locking up their olive oil supplies—and it’s working
BYPrarthana Prakash
TechSpotify partners with Google’s AI to offer better recommendations to its users
BYReuters
CommentaryRetailers are reversing generous returns policies which cost a staggering $817 billion last year–but consumers still expect easy returns as they plan their holiday shopping
BYHeather Hoover-Salomon
RetailChuck E Cheese is getting rid of its eerie animatronic bands—except in one location
BYChris Morris

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Retail