Home Depot (HD) Q3 2025 earnings
Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending and lower than usual storm activity. The retailer said it now expects full-year sales will climb about 3% and comparable Continue Reading
Ford partners with Amazon for dealers to sell used vehicles online
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant. The new program will allow Continue Reading
Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president of Alibaba.com told CNBC the company would work with JPMorgan, which has its own tokenization technology. The cross-border e-commerce unit also launched new AI features to help connect suppliers and buyers Continue Reading
Consumers flash holiday warning signs
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may Continue Reading
Walmart CEO Doug McMillon to retire in January
Walmart CEO Doug McMillon is retiring early next year, after overseeing the top U.S. retailer’s transformation into an e-commerce behemoth, the company said Friday in a filing. The longtime CEO will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1, according to the filing. McMillon, who stepped Continue Reading
Walmart Doug McMillon stock performance vs. Target, Amazon, Costco
Walmart logo is seen near the store in Austin, United States on Oct. 23, 2025. Jakub Porzycki | Nurphoto | Getty Images When incoming Walmart CEO John Furner steps into the retailer’s top role, he will try to follow up a period of dramatic share growth that many of Walmart’s Continue Reading
Why ThredUp and the secondhand retail market is booming in the U.S.
At ThredUp‘s 600,000-square-foot warehouse in Suwanee, Georgia, roughly 40,000 pieces of used clothing are processed each day. The company’s logistics network — four facilities across the U.S. — now rivals that of some fast-fashion giants. “This is the largest garment-on-hanger system in the world,” said Justin Pina, ThredUp’s senior director Continue Reading