Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
Category: E-Commerce
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Chinese Traders and Moroccan Ports: How Russia Flouts Global Tech Bans
Using specialized e-commerce sites, secretive shipping workarounds and a constellation of middlemen, Russia has obtained the tech components it needs to keep its economy and war in Ukraine going.
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Farfetch to Be Acquired by Coupang for $500 Million
The luxury e-commerce platform will narrowly avoid bankruptcy after the buyout from South Korea’s answer to Amazon.
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Is Farfetch About to Go Bust?
For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.
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My Not-So-Perfect Holiday Shopping Excursion With A.I. Chatbots
With Shopify, Mercari and other retailers rolling out chatbots to help buyers, this holiday shopping season is the first to be powered by A.I.
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Investor Group Is Said to Offer $5.8 Billion for Macy’s
Department stores have been a frequent target of takeover attempts by investors looking to take advantage of prime real estate.
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Amazon Suit Claims International Ring Stole Millions in Fraudulent Refunds
The online retailer said that a shadowy organization bribed Amazon employees to help carry out fraudulent returns of expensive electronics, luxury goods and gold.
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What Makes a Good Gift Guide?
Thoughtful surprises and novelty items? Or pure, unadulterated voyeurism, twinged with a healthy dose of sticker shock?
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Platform Sells Artists’ Pieces You Won’t Find at Art Basel
Jewelry, puzzles and hoodies are just some items that have been sold on Platform since the online retailer of fine-art prints started offering artist-designed products.
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There’s a Lot Riding on Black Friday and Cyber Monday
The White House and economists will be closely watching the annual shopping events for insight into what the data says about the state of the consumer.
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As Holiday Shopping Season Begins, Retailers Worry
Consumer spending has been strong in 2023 despite higher prices and waning savings. But some retailers have jitters heading into Black Friday.