Gen Z shopping at malls rather than online
Lindsey Hyams, 23, of Marlboro, NJ, likes to shop online, but she often ends up going to the mall to make purchases. She said she likes to skip the wait …
Simon Property Group Inc
What’s likely to move the market in the next trading session
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022. Olivier Douliery- | Afp | Getty …
Why outlet malls are struggling against Amazon and Shein
Outlet malls have been an American staple for shoppers since the 1930s. But they’re not doing as well as they once were. Historically, outlets were attached to the factories where …
Shein wants to build supply chain giant, some fear China cyber spying
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images …
Shein US IPO is dead, experts say
The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce …
Earnings from Disney, Uber and Warner Bros.
CNBC’s Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber, Disney and Warner Bros. Discovery. …
Express files for bankruptcy, plans to close nearly 100 stores
Pedestrians walk past an Express Inc. store in New York, U.S., on Wednesday, May 31, 2017. Mark Kauziarich | Bloomberg | Getty Images Longtime mall retailer Express filed for Chapter …
The Fed’s rate hikes did little to slow our robust economy
Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into …
Shein’s revenue is ‘a lot more’ than $30 billion annually: exec
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on …
Santa gets a behind-the-scenes boost from AI this holiday season
Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up during …