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Technology

Memo: online fast fashion retailer Shein is exploring becoming a marketplace for third-party merchants and plans to diversify its supply chain away from China (Keith Zhai/Wall Street Journal)

[ad_1] Keith Zhai / Wall Street Journal: Memo: online fast fashion retailer Shein is exploring becoming a marketplace for third-party…

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Business

Carvana shares tank as bankruptcy concerns grow for used car retailer

[ad_1] Shares of Carvana plummeted by more than 40% in Wednesday morning trading after the embattled online used car retailer’s…

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Los Angeles

Amazon CEO says retailer will continue to sell antisemitic film

[ad_1] Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling an antisemitic film that…

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Business

Jim Cramer’s Investing Club meeting Thursday: Fed caution, trimming a retailer, Humana guidance

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s…

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Technology

Intel’s faster Raptor Lake flagship CPU spotted at retailer – and it looks pricey

[ad_1] Intel’s incoming Core i9-13900KS, which will be a new version of the Raptor Lake flagship CPU – one capable…

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Business

TJX hits an all-time high as reason we own off-price retailer played out in the quarter

[ad_1] Club holding TJX Companies (TJX) reported stronger-than-expected fiscal third-quarter 2023 earnings and U.S. sales before the opening bell Wednesday,…

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Technology

London-based buy now, pay later startup Tymit raised a £23M Series A led by luxury retailer Frasers Group to launch its installment program for merchants (Eric Johansson/Verdict)

[ad_1] Eric Johansson / Verdict: London-based buy now, pay later startup Tymit raised a £23M Series A led by luxury…

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Technology

Amazon quietly shuts Fabric.com, an online retailer of fabrics, trims, notions, and other supplies since the late 1990s before being acquired by Amazon in 2008 (Mia Sato/The Verge)

[ad_1] Mia Sato / The Verge: Amazon quietly shuts Fabric.com, an online retailer of fabrics, trims, notions, and other supplies…

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Technology

Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets in recent months, down from $100B+ in April 2022 (Financial Times)

[ad_1] Financial Times: Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets…

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Technology

Pinduoduo launched US shopping site Temu on September 1, the Chinese e-commerce giant's first major push overseas, following online fast fashion retailer Shein (Wall Street Journal)

[ad_1] Wall Street Journal: Pinduoduo launched US shopping site Temu on September 1, the Chinese e-commerce giant’s first major push…

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