Sellers of luxury goods have reportedly found TikTok Shop to be a good place to reach buyers. Handbags, limited-edition sneakers and watches are among the luxury goods that are selling on the platform, in some cases for thousands of dollars, Bloomberg reported Tuesday (Nov. 25)....
U.S. Census Bureau data on consumer spending is flowing again after the government shutdown, and the latest numbers give a clearer picture of how households in the United States are faring as 2026 approaches. Even though the figures are backward-looking, as they are two months...
Watch more: Inside the Next Chapter of Brand Building at TOMS Some brands become iconic, embedding themselves into culture, closets and conversations. But even the most recognizable names eventually reach a moment when they must refresh, reintroduce themselves and reclaim their place in a market...
Amazon announced actions taken against three groups of counterfeiters operating on its platform. In one action, the company’s Counterfeit Crimes Unit (CCU) filed a lawsuit targeting what it called a “massive” trademark fraud scheme, Amazon said in a Monday (Nov. 24) update. The company’s legal...
Amazon has announced a multibillion-dollar investment in expanding artificial intelligence (AI) and supercomputing for government agencies. The project, announced Monday (Nov. 24) will see Amazon Web Services (AWS) invest at least $50 billion as it works to build and deploy what it said is the...
Kohl’s interim CEO Michael Bender is now officially the retailer’s CEO. The company announced the change Monday (Nov. 24), nearly seven months after picking Bender to fill-in after the company fired former CEO Ashley Buchanan. Kohl’s said it worked with a third-party firm and conducted...
Watch more: Retail Media as the New Growth Engine: How CVS Is Merging Data, Loyalty and the In-Store Experience When most people think of CVS, they think of prescriptions, cough drops, or perhaps those famously long receipts. But those receipts, and every other customer touchpoint...
Watch more: What It Takes to Modernize a 75-Year-Old Brand In a market of dupes and downshifts, luxury has to earn its price tag all over again. “Luxury has gotten so outrageously expensive.” That’s Alex Angelchik’s blunt diagnosis of the current moment, a time when a...
Watch more: Fast Furniture? Why the Industry Is Finally Picking Up Speed Commerce is changing, and so are the rules that govern how merchants and consumers meet online. Few categories illustrate that better than furniture, where long buying cycles and fragmented experiences are giving way...