Category: E-Commerce

Glossier Grows Up, by Reaching the Next Generation

Founded almost a decade ago, the millennial beauty start-up takes a big step with a hyped SoHo flagship.
Staring Down Bankruptcy, Bed Bath & Beyond Says It Will Sell Stock

The struggling home goods retailer said it hoped the move would help it raise more than $1 billion and pay off its debts.
Tech’s Biggest Companies Discover Austerity, to the Relief of Investors

After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.
Amazon Reports Almost No Profit and Slowing Growth

The company indicated the slowing growth and tight margins would continue in the first three months of this year.
Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers

Dealerships are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies like Carvana that grew fast in recent years.
With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again)

Companies that ramped up hiring in areas like technology over the past few years are cutting back as customers slow their spending.
Tech Layoffs Continue as Shares Fall and Interest Rates Rise

Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.
For Tech Companies, Years of Easy Money Yield to Hard Times

Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.
A New Way to Hand-Me-Down

To help reduce clothing waste, two mothers in San Antonio started a small business reselling used children’s clothes.
Amazon Axes ‘Smile’ Charity Program, Citing Limited Impact

The move comes as Amazon is laying off 18,000 workers, but a company spokesman said the decision to end the AmazonSmile program was not a cost-cutting measure.
Rolex Now Has a Resale Program. The Watch World Quakes.

The privately owned Swiss brand dominates the market by virtually every measure. Will it swallow up resales, too?
The S.E.C.’s Crypto Crackdown Intensifies

The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.