Despite shoppers’ concerns about rising costs, inflation and the government shutdown, retailers predict sales will increase as much as 4.2% over the holidays.
Category: Shopping and Retail
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France Moves to Block the Shein Website Over a Sex Doll Scandal
The crackdown, ordered by the prime minister, added to the controversy over the Chinese fast-fashion retailer as it opened its first store in Paris amid chaotic scenes.
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Starbucks to Sell 60% of Its China Business to a Private Equity Firm
Boyu Capital will pay $4 billion for a stake in the coffee giant’s 8,000 stores in China.
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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.