Every business is trying to crack the coveted market of shoppers in their 20s and teens. A recent panel at the “Fashion Digital” conference in New York City featuring young entrepreneurs ages 17 to 23 tried to provide a glimpse into how. What they said should strike some degree of fear in every retail executive.
Wall Street isn’t buying what Walmart is selling.
Walmart shares are cratering after the mega-retailer warned that increases in employee wages and investments in e-commerce will continue to take huge chunks out of its profit for the next few years.
Picture this: You walk into a bathroom, mobile device in hand, and your toilet automatically recognizes you.
It turns out Bernie Sanders is playing a money game.
This chart from Credit Karma crystallizes the emergence of America’s monstrous student-debt problem: While the majority of Baby Boomers refrained from borrowing money for tuition or college expenses, only 21% of millennials graduated from college debt-free.
McDonald’s is rolling out its first organic hamburger, called the “McB,” starting in October.
After a tumultuous summer of negotiations between Greece and its lenders to avoid a “Grexit,” the debt-stricken country remains part of the Eurozone (at least for now).
When Credit Suisse sought to figure out why employees weren’t socking away enough money in their employer-sponsored retirement accounts, it found many were diverting their savings to cover student loan payments.
Walmart’s head of mobile and digital has joined PepsiCo to lead a big e-commerce push for the maker of Doritos potato chips and Pepsi-Cola.
Carly Fiorina has justified her spot on the main stage.
Walmart has managed to do something very few retailers have accomplished: Convince millions of people its mobile app is useful enough to snag a prime spot on their phones’ home screen.
Amazon is hiring a new head of social responsibility as the e-commerce giant fights criticism over its management and worker treatment.
Uber may have started as a ride-sharing app but it’s trying to morph into a full-blown transportation company, applying its knowhow of moving millions of people around to delivering groceries, clothes, and other packages.
Amazon will now let Apple and Android users watch streaming video offline, a service previously offered only on its own line of Fire phones and one that’s still unavailable from competitors like Netflix and Hulu.
Blue Bell ice cream is back.
Netflix quietly raised prices in Europe this month by one Euro, following a similar increase for US viewers last year.
Nothing can be more annoying than people who walk down the street staring at their phones. Same goes for friends who swipe through Tinder or Facebook while out to dinner, making it feel like there’s something they’d rather be doing.
Walmart is taking assault rifles off its US shelves, in a move it says is motivated by diminished consumer demand rather than politics.
Apple to the rescue.
Call it institutionalized mooching.
Home Depot is cashing in on the annual Burning Man festival, where 65,000 hipsters and tech glitterati flock to the Nevada desert for music, art, drugs, and a frenzy of togetherness.
Uniqlo workers, rejoice: Three-day weekends are coming.
The Silicon Valley tech set and others heading to the annual festival of self-indulgence and eccentricity known as Burning Man will face a new obstacle when they gather in the Nevada desert in the coming weeks: bugs.
