(source: en.wikipedia.org)
Carvana is reportedly cutting more staff as the used car market continues to downshift. The online used car retailer is both cutting jobs and reducing...
Car dealers are closing 2022 in a gloomy mood as U.S. consumers shun big-ticket purchases. A new survey by Cox Automotive Dealers finds that U.S....
Whatever happens, Carvana’s downward spiral shows there’s no easy path to forging the connected economy. Wednesday, the stock in the beleaguered online car firm plummeted...
Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as...
The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....
Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....
Today in retail, retailers look to diversify their suppliers as a recession looms on the economic horizon, while Target kicks off its back-to-school shopping season...
After suffering some of the sharpest market losses in the first half of the year, a basket of badly beaten dot-com stocks has suddenly become...
The fundamental principle of economics, of business in general, boils down to matching supply with demand. If the scales are out of whack, so to...