Amazon AI edge is unbeatable heading into holiday shopping season
CNBC’s Jim Cramer said Monday that Amazon ‘s AI-powered retail business is a vertical that “can’t be challenged,” heading into the long Thanksgiving shopping weekend. “I don’t see OpenAI challenging Amazon retail,” Cramer said on ” Squawk on the Street .” “They’re not going to stop these guys when it Continue Reading
Shoppers curtail Black Friday spending plans
People walk past an Aritzia store on Fifth Avenue on Black Friday, in New York City on November 29, 2024. Adam Gray | AFP | Getty Images Black Friday is one of the biggest shopping days of the year. But amid concerns about the economy, persistent inflation and President Donald Trump’s Continue Reading
Kohl’s names Michael Bender CEO after turbulent year
Michael Bender named Kohl’s Interim CEO. Courtesy: Kohl’s Kohl’s said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth. He becomes the third CEO for the department store in about three Continue Reading
How Alibaba overcame Beijing’s crackdown to become an AI giant
On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What Continue Reading
Trump criticizes California $20 fast food minimum wage
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Continue Reading
Shipping impact from plane grounding after UPS crash seen as ‘minimal’
The grounding of MD-11 aircraft after the deadly crash of a UPS plane earlier this month could boost air cargo rates during the peak holiday shipping season, with some capacity out of the market, but analysts aren’t expecting a big impact. The Federal Aviation Administration on Nov. 8 prohibited flights Continue Reading
Be selective with retail stocks in this economic environment
CNBC’s Jim Cramer reviewed earnings this week from Home Depot, Lowe’s, TJX, Target and Walmart, suggesting major retailers’ reports so far this season have been a mixed bag. “With all the handwringing about the state of the consumer, this was not looking like a great week for retail until this Continue Reading
Gap Q3 2025 earnings
Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Apparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake Continue Reading
Walmart, TJX earnings: Wealthy shoppers seek value
Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped. Walmart and TJX, T.J. Maxx’s parent company, stood apart from Continue Reading
Bath & Body Works (BBWI) Q3 2025 earnings
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works Inc. stock plunged Thursday after the company reported “disappointing” third-quarter earnings and slashed its full-year outlook, citing “macro consumer Continue Reading