Boyu Capital will pay $4 billion for a stake in the coffee giant’s 8,000 stores in China.
Category: Shopping and Retail
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France Threatens to Ban Shein Over Sale of ‘Childlike’ Sex Dolls
The controversy adds to a growing backlash in France against the giant Chinese online retailer as it prepares to open its first physical store on Wednesday in Paris.
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The Gem App Helps Shoppers Find the Best Vintage Clothing
Fashion writers, vintage collectors and costume designers all use this app to unearth wardrobe gems.
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Amazon’s Profit Is Up 38% on Strong Performance
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
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Starbucks Reports a Modest Sales Increase in Latest Quarter
Net income fell 85 percent, however, because of charges related to store closures and corporate layoffs.
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Halloween Adventure, the Store Where It Is Always Spooky Season
Halloween Adventure, a fixture in Lower Manhattan, has long prided itself on being a place where customers and employees can express themselves.
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Strains in Short-Term Markets Raise Urgency of Fed Balance Sheet Debate
Warning signs in crucial money markets have raised the prospect that the central bank will soon stop reducing its portfolio of government debt and mortgage bond holdings.
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Nordstrom’s Pivots to a Catalog
With a 100-page gift guide, Nordstrom wants to find customers where they are — at home.
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Target to Cut 1,800 Corporate Jobs in Efficiency Drive
The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo.
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How Depop Captured the Heart of Gen Z
With bargains on secondhand treasures, and a social media feel, the e-commerce app has taken the “energy” of a good thrift store online.