‘Buy Now, Pay Later’ built a delirious new culture of consumption — and trapped users in a vortex of debt.
Category: E-Commerce
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Air Mail, a Digital Weekly, Is Expected to Be Acquired by Puck
Graydon Carter, a former editor of Vanity Fair, had been shopping around his media start-up for a year.
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Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters
The retailer based in Montreal cited a lender-driven sale process and the end of the de minimis loophole as final blows.
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Claire’s, Teen Jewelry Chain, Files for Bankruptcy a 2nd Time
Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar retailers. It last filed for bankruptcy in 2018.
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Amazon Cuts 100 Wondery Jobs Amid Podcast Strategy Shift
The tech giant is leaning more into video and the creator world.
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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
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David Bars Have Had Breakout Success. Can the Protein Craze Last?
The David bar’s breakout success is proof that, in our culture of optimization, one macronutrient is king. But can the protein craze last?
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Target Ends Price-Matching Policy After More Than a Decade
Shoppers will no longer be able to buy an item for a lower price if they can prove that they found an identical product listed for less by Amazon or Walmart.
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China’s Problem With Competition: There’s Too Much of It
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
