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Retail
How TikTok Shop is beating Amazon and Temu at social shopping
Despite being a late player to the game, TikTok Shop has quickly amassed shoppers.The U.S. operation of TikTok Shop launched in 2023, and has attracted 47 million shoppers to the platform, who spend on average $32 million every day,…
How Kirkland drives growth and profits
A weaker environment for consumer spending is playing right into one of Costco 's biggest strengths: Kirkland Signature. A string of recent consumer and industry data shows that adoption of private label products has been accelerating,…
Canadians pull back on U.S. trips, threatening to widen travel deficit
Canadians hold an "Elbows Up" protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025.Carlos Osorio | ReutersCanadians are skipping trips to the…
Alibaba $100 billion stock rally fueled by AI, Jack Ma return
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesIn November 2023, Jack Ma posted an internal memo at Alibaba, urging the e-commerce giant he helped create to…
Stephen Curry teams up with Michelle Obama to launch sports drink
Plezi Nutrition, the public benefit company co-founded by Michelle Obama, has created a new sports drink with Stephen Curry.Four-time National Basketball Association champion Stephen Curry is teaming up with former first lady Michelle…
How Estée Lauder lost its way in beauty and skincare
Cosmetics giant Estee Lauder is in the process of a multiyear turnaround plan that's expected to cost between $1.2 billion and $1.6 billion.The move comes after the company's stock has tumbled more than 80% from its all-time high of…
Jim Cramer says investors should get away from this idea as stocks rally to
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. Wall Street got off to a strong start Monday, with the Nasdaq leading the way up 2%.…
Edible Arrangements parent launches hemp marketplace Edibles.com
The homepage for Edibles.com, the hemp marketplace from the parent company of Edible ArrangementsSource: Edible BrandsThe parent company of Edible Arrangements is moving into a different kind of edible.Edible Brands is launching…
As consumer confidence dips, retailer TJX is a top stock to own
We know many of the shoppers who frequent TJX Companies ' off-price chains love treasure hunting. What entices them to keep coming back for all those discounted designer clothes and trendy home furnishings, however, is something less…
Zepbound copycats remain online despite FDA ban
This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly's weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn't look like much has changed. Popular websites like Amble,…