Category: E-Commerce

Sam Ash Music Stores to Close After 100 Years In Business

The chain, which started with a single shop in Brooklyn in 1924, said it would close all 42 of its locations by the end of July, citing competition from online retailers.
TikTok, Facing US Ban, Tells Advertisers It Won’t Back Down

Hundreds of marketers and ad agency types flocked to TikTok’s annual sales presentation after a new law put its future in question.
Stowaway Cat Gets 500 Miles from Home in Amazon Returns Box

Galena, a 6-year-old shorthair, was found in an Amazon warehouse a week after she climbed into a 3-by-3-foot cardboard box at her owner’s home.
Antony Blinken Visits China

Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.
There Is No TikTok in China, Only Douyin. Here’s What It Is.

ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.
Is Online Shopping Bad for the Planet?

In theory, getting deliveries can be more efficient than driving to the store. But you may still want to think before you add to cart.
China’s Pinduoduo Has Reshaped Discount Shopping

Pinduoduo appeals to people seeking deals and “downgraded spending,” as consumer purchasing in China has slowed recently amid economic rockiness.
Has the Luxury E-Commerce Bubble Burst?

Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
Has the Luxury E-Commerce Bubble Burst?

After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
With TikTok Under Fire, Brands That Rely on It Worry

Many companies, particularly in the beauty and fashion industries, have boosted sales through the platform. They don’t really have a backup plan.
China Condemns U.S. Proposal to Force the Sale of TikTok

The foreign ministry accused Washington of “resorting to hegemonic moves” ahead of House vote on a bill aimed at ByteDance, TikTok’s Chinese parent company.
He’s Not Just Looking to Make a Quick Billion

Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.